Financial Planning
Trump Era Tax Cuts Are Expiring: 4 Ways Your Household Budget Will Take a Hit
Inflation’s financial strain is compounded by recent tax law changes, with both enacted and expired laws expected to raise taxes. The June 2023 Fiscal Responsibility Act establishes new spending limits,…
Read MoreHow the Social Security Bridge Strategy Works
Introducing a thoughtful exploration into the intricacies of Social Security collection. Delving into a specific strategy for determining when to take Social Security, it’s crucial to recognize that individual financial…
Read MoreThis Social Security Spousal Rule Is Officially Finished in 2024 — But These 3 Strategies Remain
A longstanding Social Security spousal rule concludes this year for most individuals, except those who turned 70 on Jan. 1, 2024. The rule, permitting recipients to switch between their benefits…
Read MoreHow to save for retirement when you’re in your 30s
Entering your 30s brings increased responsibilities, from purchasing your first home to expanding your family. With the addition of marriage, a mortgage, and the costs of raising children and pets,…
Read MoreWhat Comes After a Good Year in the Stock Market?
The stock market’s cyclical nature often sees bad years followed by good ones, though not without exceptions. The natural question arises: What occurs after good years? How frequent are positive…
Read More4 big things homeowners insurance doesn’t cover — and what you can do to protect yourself
Safeguarding your most significant investment, homeowners insurance is crucial, especially if you have a mortgage, as it is often a requirement. Commonly known as an HO-3 policy, standard homeowners insurance…
Read MoreI’m a Financial Advisor: Here Are 9 Retirement Planning Tips for Freelancers
Freelancers face distinct challenges in retirement planning, lacking traditional employer benefits like sponsored retirement accounts and HR support. With fluctuating incomes, saving consistently for retirement can be challenging. Financial advisors…
Read MoreWarren Buffett warns there’s only 1 way a ‘smart person’ can go broke — are you making this big financial misstep?
Discover the startling financial realities faced by over 60% of Americans living paycheck to paycheck, as revealed by PYMNTS. Dive into the latest data from the Federal Reserve, exposing the…
Read MoreHow to Plan for a Potential Inheritance
Prepare for the inheritance wave! Millennials and Gen Xers are set to inherit an astonishing $84.4 trillion between 2021 and 2045, as baby boomers pass on their wealth. Surprisingly, it’s…
Read MoreHow Is Your Post-Retirement Stacking Up? Three Key Questions
Cheers to a successful retirement transition! As you embark on this exciting new chapter, ensure a rock-solid financial foundation with scenario planning. Guard against the top retiree fear—running out of…
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