Financial Articles

The beginning of 2023 brought the official signing of the Consolidated Appropriations Act, which contains SECURE 2.0. You more than likely heard the news, but what exactly does it mean for you?

This is the primary reason our team speaks to the families we meet with about the importance of long-term care. In addition to being costly without a plan in place, it also does not fall under your Medicare benefits.

English philosopher Carveth Read once said, “It is better to be vaguely right, than exactly wrong.” While applicable to anything, this concept can also lend guidance to your financial planning approach.

"If you could speak to your 32-year-old self, what advice would you give?" This was the question author Sahil Bloom asked a group of 90-year-olds in honor of his 32nd birthday.

Even if you’re not one to pay attention to investment forecasts, we’re all likely curious of what 2023 will bring to our wallets.

The transition from accumulation to decumulation mode can be one of the biggest challenges for retirees. In addition to requiring a mindset shift, it also presents unique obstacles that should be considered as part of your retirement planning process.

Times of market volatility may cause you to second guess your investment strategy. You might assume the future looks riskier and a change is in order, but that’s not always the case.

Here’s a simple tax saving strategy: Take more than the minimum of your RMD and leverage that withdrawal before it must be taken.

Despite the effects inflation and volatility can have on retiree income, new research through Morningstar suggests a “safe starting point” withdrawal rate for new retirees in 2023 is 3.8 percent, up from 3.3 percent a year ago.

Of course you want to know what sort of return you might expect upon investing your money, but how possible is that when it comes to a stocks and bonds portfolio?

If you’re near or already in retirement, an active management approach will help offset the volatility we’ve continued to see.