Free Webinar: What If You Had Permission to Spend in Retirement? + Mid-Year Market Outlook

What If You Had Permission to Spend in Retirement?

Many retirees spend less than they could because they are uncertain about how much is safe to withdraw, how markets may affect their plan, or whether they will run out of money later.

Join us for a free webinar on Wednesday, August 5, at 6:45 p.m. Central Time.

We will explain our Green Light Spending framework, designed to help retirees determine when they may have room to spend more and when greater caution may be appropriate.

Topics will include:

• How to establish a sustainable retirement spending range
• Why spending decisions should adjust as markets and circumstances change
• How taxes, required distributions, and healthcare costs affect retirement income
• What current market conditions may mean for retirees and near-retirees
• How to balance enjoying retirement today with protecting future financial flexibility

Wednesday, August 5​
​6:45 p.m. Central Time

​[Register for the Free Webinar]​

There is no cost to attend. Feel free to share this invitation with anyone who may benefit.

2026 Midyear Market Outlook

Markets have remained resilient despite geopolitical conflict, persistent inflation and economic uncertainty. Strong corporate earnings continue to provide support, but high valuations and changing market structure call for greater discipline.

Key themes

AI creates opportunity—and side effects. AI infrastructure spending may be inflationary in the near term as demand rises for power, data centers, semiconductors, materials and skilled labor. Over time, productivity gains could be deflationary. The biggest spenders may not become the biggest winners if AI services become commoditized. More durable beneficiaries may include companies supplying critical infrastructure and those using AI most effectively to improve productivity and profits.

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Concentration risk is rising. Cap-weighted indexes are increasingly dominated by a small number of large companies, many tied to the same AI theme. Greater dispersion in company results and widespread passive ownership may create risks for index investors, but also opportunities for more selective portfolio construction.

Bonds have regained an important role. Higher yields have restored bonds’ income and diversification potential. Short- to intermediate-duration bonds may be particularly useful for many retirees because they provide meaningful income with less sensitivity to rising long-term yields.

Efficient implementation matters more. Portfolio results depend not only on selecting investments, but also on controlling taxes, trading costs, concentration, duration, and unnecessary complexity. This is especially important when constructing fixed-income portfolios for retirees. The goal is broad diversification with deliberate exposure to the areas most likely to benefit from long-term economic change.

Sona Wealth remains cautiously constructive: participate in AI’s growth, avoid excessive concentration, use bonds deliberately, and focus on efficient portfolio implementation.

This commentary is provided for general information purposes only, should not be construed as investment, tax, or legal advice, and does not constitute an attorney/client relationship. Past performance of any market results is no assurance of future performance. The information contained herein has been obtained from sources deemed reliable, but is not guaranteed.

Mark Struthers, CFA, CFP®, CEPA, RMA®

For current clients looking for a meeting: