What to Expect When Working with a Financial Advisor

Working with a financial advisor is a big deal. In the same way a good doctor may know key aspects of your personal health, a good financial advisor will know the crucial aspects of your financial situation–all to help you improve your financial health and retirement longevity. That’s why it’s important to know what to [...]

2023-11-28T16:40:03+00:00November 28th, 2023|Financial Planning|

Inflation Affects Your Finances, Even In Small Amounts

There’s been a lot of news about inflation lately. As of July, the inflation rate was around 3.2%.[1] This means that the cost of goods and services, including but not limited to items such as groceries, housing, and gas, has gone up by 3.2% since this time last year.[2] You might think 3.2% is a [...]

2023-09-25T12:39:10+00:00September 25th, 2023|Financial Planning, Economy|

2 Ways to Take Care of Debt in Retirement

The unfortunate reality is that many Americans are now headed into retirement with some amount of debt.[1] In 2016, almost 61% of Americans were moving into the retirement stage of their life with unpaid debt.[1] And while you may think that your expenses will decrease once you retire, that isn’t always the case.[1] Sometimes, your [...]

2023-09-19T01:01:12+00:00September 19th, 2023|Financial Planning, Retirement Planning|

Creating and Maintaining Generational Wealth in Retirement

In today’s fast-paced world, ensuring financial stability for future generations can be a daunting task. However, it is a common goal for retirees to create and maintain generational wealth in retirement. What better way to leave a legacy than to provide financial security? That’s why this article will provide valuable tips and insights to help [...]

2023-06-27T13:22:16+00:00June 27th, 2023|Financial Planning, Estate Planning|

Banking Sector Issues and Your Finances

In recent months there have been 3 major bank shake-ups: Silicon Valley Bank (SVB), Signature Bank, and First Republic Bank.[1] This has generally led to fears that there is a larger recession on the horizon. The financial crisis of 2008 was also precipitated by bank collapses, so this has many experts watching the market carefully. [...]

2023-06-20T14:47:47+00:00June 20th, 2023|Financial Planning|

How Long Can I Keep My Money in My Retirement Account?

In most cases, you can’t actually keep your money in your retirement accounts forever. Even if you don’t need the money from your retirement accounts, many of them will require you to begin withdrawing from them when you are 73 years old.[1] This is called a required minimum distribution (often shortened to RMD). More specifically, [...]

2023-05-16T18:05:39+00:00May 16th, 2023|Financial Planning, Retirement Income Planning|
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