When it comes to financial planning, having the right documents in place is just as crucial as saving and investing. Proper documentation ensures your wishes are honored, protects your loved ones, and helps avoid unnecessary complications down the road.
It’s not only about wealth or just investing. Enhancing your financial fitness provides you with valuable insights, boosts your knowledge of financial matters, and empowers you to make informed decisions regarding your finances.
3 Things to Focus on to Prepare Your Financial Strategy for the Year Ahead.
You might have more money stashed away in the Social Security trust fund than anywhere else. In fact, what you put into Social Security very well might be your biggest asset and future source of retirement income.
When you think of retirement planning, you likely think about the financial aspect of it—whether you’ll have enough money, be able to pay for your healthcare expenses, and how much your housing will cost. But retirement has a huge emotional aspect. And generally, thinking about retirement doesn’t elicit positive feelings. USA Today recently reported that 61 percent of those surveyed are more afraid of retirement than they are of dying. There are a myriad of reasons this is the case—including fear of running out of money, fear of losing identity, and fear of being lonely.1
Philanthropy is not just about giving; it’s about giving wisely. As you contemplate your philanthropic strategy, understanding how to maximize both the impact of your giving and the associated tax benefits can help you pursue your goals while enhancing your financial plan.
As the election season approaches, many individuals are wondering how the outcome might influence the financial markets. Here’s what you need to know to navigate these uncertain waters and make informed decisions for your portfolio.
Estate planning requires us to do something today that hasn’t happened yet.
While we encourage you to sit down with a legal professional, we also want to provide some general guidelines you can think through independently. Estate planning is a complex field, but a general outline can clear up some of the mystery.
Quite the Pickle: The Challenges of Being In the Sandwich Generation
7 ways to minimize audit risks.
We are one year into SECURE Act 2.0 (Act or 2.0), passed at the end of December 2022, and the opportunities and confusion continues. With more than 90 provisions that are being phased in over the next 10 years, It’s important to review the newly effective provisions at the beginning of each year.
