Blog

Stay informed about the latest news in the financial industry relevant topics we share about financial planning and wealth management. We invite you to browse and explore our blog. 

Friday, December 22, 2023

Tips to navigate financial uncertainty for a more secure and restful future In an era of unprecedented change and economic volatility, the sleepless nights associated with financial concerns are becoming all too familiar. Despite an...

Wednesday, December 13, 2023

Strategies for Savvy Investors The landscape of retirement finance is often complex, and the latest revisions to the rules governing Required Minimum Distributions (RMDs) underscore this point. With the introduction of the Secure 2.0...

Thursday, December 7, 2023

Tips to find a balance that honors your emotional bonds and practical needs As we sail into the golden years, the familiar shores of our longstanding homes beckon with the comfort of decades' worth of cherished memories. Yet, the winds...

Thursday, November 16, 2023

Investing has long been a strategy for wealth accumulation, yet knowing when and how to invest may discourage potential investors. One investment strategy aimed at making investing more consistent and manageable is Dollar Cost...

Thursday, November 2, 2023

The holiday season is a time of joy and headaches, celebration, fatigue, and togetherness mixed with a few knock-down drag-out fights. On top of the emotional rollercoaster ride can come a big wallop of financial stress. From buying...

Show All

Thursday, October 26, 2023

Depending on your current health insurance plan, you may have access to either a flexible spending account (FSA) or a health savings account (HSA). Both are tax-advantaged accounts that can help individuals and families save money for...

Thursday, October 19, 2023

For those in Medicare, IRMAA can have a big impact on healthcare costs IRMAA, which stands for Income-Related Monthly Adjustment Amount, is a term that may not be familiar to everyone. However, for individuals enrolled in Medicare,...

Thursday, October 5, 2023

Kitty O’Neill Collings, an American politician and pioneer in the area of international diplomacy, civil liberties, and social justice, once quipped, “Aging seems to be the only available way to live a long life.”...

Thursday, September 14, 2023

It can be easy to get swept up in the vacation whirlwind and lose track of how much money you’re spending. From airfare and accommodations to frequent dining out and shopping, the cost of a memorable getaway can quickly skyrocket...

Friday, September 1, 2023

The digital revolution is transforming lives across all age groups, and seniors are no exception. Technology has become an indispensable tool for older adults, providing access to resources that significantly enhance the quality of...

Wednesday, August 23, 2023

Getting an insurance policy can be a smart decision for protecting your financial assets. However, too often consumers make the mistake of buying either too much or too little insurance for their needs. Avoid making these four common...

Wednesday, August 16, 2023

Annuities are insurance-based financial vehicles that can provide many benefits sought by retirement-minded investors. There are a number of reasons why people buy annuities. Deferral of taxes is a big benefit, and so is the ability to...

Wednesday, August 9, 2023

Interest is one of the simplest and most appealing ways to gain profits from an investment. Like clockwork, you receive an interest payment on your principal, or the amount of money you deposit when you open an account. Unlike more...

Wednesday, August 2, 2023

Booker T. Washington once said, "Those who are happiest are those who do the most for others." In 2022, Americans gave $499.33 billion to charitable organizations, making America one of the most generous nations in the world. The...

Wednesday, July 26, 2023

Retirement planning is a constantly evolving process. Strategies that may have worked fine a few years ago may no longer be the optimal direction to continue. Your life may have taken unexpected turns, you may have different retirement...

Wednesday, July 19, 2023

Ah, vacation! It’s a time to let loose, have fun, and leave your worries behind. But you don’t want to be too footloose and fancy-free during your jaunt, lest it cause financial headaches when you return home. Follow these...

Wednesday, July 12, 2023

Even if you are already retired, it doesn't mean you should stop trying to grow your savings. Inflation, unexpected medical bills, and changes to your lifestyle or family may result in the need for additional income than you initially...

Wednesday, July 5, 2023

Mutual funds have been one alternative for many investors seeking professional money management. But when you buy shares of a mutual fund, your assets are pooled with those of other fund shareholders. You gain professional money...

Wednesday, June 21, 2023

The world is facing an unprecedented economic challenge as the inflation rate continues to rise. People are trying to understand why their wallets are feeling lighter, and they are looking for someone to blame. Unfortunately,...

Wednesday, June 7, 2023

Annuities often get a bad rap as insurance products – and often rightly soLife insurance buys financial protection against your premature death. Here’s the how-to on another insurance that can protect you from living too...

Wednesday, May 24, 2023

Unable to meet withdrawal requests triggered by depositor panic, Silicon Valley Bank (SVB) was placed into receivership by the Federal Deposit Insurance Corporation (FDIC) on March 10, 2023. SVB represents the second-largest bank...

Wednesday, May 10, 2023

Improving spending habits can help you work toward financial stability and securityAll of us have bad spending habits that we would like to change in order to take better control of our finances. Let’s explore five specific...

Tuesday, April 25, 2023

What is it?You can elect to receive retirement benefits earlyAs you approach retirement, you must decide when to start receiving your Social Security retirement benefits. You may elect to start receiving Social Security retirement...

Tuesday, April 18, 2023

Especially during times of challenging markets, 401(k)s might fare betterDespite the challenging market conditions, 401(k) balances often fare better than IRAs, providing a little more hope for retirement investors.Here are 5 reasons...

Tuesday, April 11, 2023

Tips to combat banking failures, inflation, rate hikes and market correctionsGetting ready for retirement involves more than just calculating how much you will need and the rate you can draw down your savings. The years before you...

Tuesday, April 4, 2023

Tips to help your retirement planning as you move towards your goalsGeneration Z, the youngest working generation, is commonly thought of as being consumed with the present and uninterested in the future. However, recent research has...

Tuesday, March 28, 2023

Consolidating retirement accounts can help your retirement immensely For many individuals, changing jobs can be an exciting opportunity to advance their career or pursue new interests. However, it can also present a challenge when...

Tuesday, March 21, 2023

What is it?You may view getting older with mixed emotions. While you look forward to retirement, you worry about your finances and the cost and availability of health care, and you wonder what will happen to you if you become unable to...

Tuesday, March 14, 2023

What’s Driving Gen Z's Early Retirement AmbitionsGeneration Z, also known as Gen Z, is the demographic group born between 1997 and 2012. This generation is characterized by its confidence and ambition, and many members of Gen Z...

Tuesday, March 7, 2023

What is it?You may receive retirement and/or survivor's benefits from sources other than Social Security. Perhaps you are a federal employee, or maybe your employer pays you a pension. You can plan better for retirement if you know how...

Wednesday, March 1, 2023

What are marital and related trusts?The term "marital and related trusts" refers to the several types of trusts that married individuals can establish to maximize use of their estate tax applicable exclusion amounts (the amount that...

Thursday, February 16, 2023

Planning financially for retirement can help you age with confidenceYes, there are good things about being old, such as increased happiness, less stress, better marriages and deeper friendships. You seldom hear that: People...

Thursday, February 9, 2023

In 2022, the top 10 tech stocks lost $4.6 trillion in market cap (Japan’s GDP)After years of crazy growth, the tech sector was hit particularly hard in 2022, with the NASDAQ turning in its worst year since 2008, as it lost about...

Thursday, February 2, 2023

What is it?If you're the beneficiary of a large inheritance, you may find yourself suddenly wealthy. Even if you expected the inheritance, you may be surprised by the size of the bequest or the diverse assets you've inherited. You'll...

Monday, January 30, 2023

Stock markets in the U.S. and around the globe turned in a rotten 2022, with fears of inflation, rising rates, and supply chain issues swirling around the economy and markets all year. Seven interest rate hikes from the Fed, 40-year...

Thursday, January 26, 2023

Financial wellness is the ability to have a healthy financial life and feel good about your financial situation. Financial wellness doesn't have just one meaning because it can mean something different to each person. Financial...

Thursday, January 12, 2023

It is considered a truism that owning a home is a better financial option than renting. After all, the logic goes, why should you pay your landlord’s mortgage when you can pay your own? Intuitively, it feels true, but how true is...

Saturday, December 31, 2022

Someone once told me that quitting smoking is easy. He had already done it a half-dozen times. The same can be said for many of the resolutions people make, whether it’s getting more exercise, eating right, or setting a...

Monday, December 26, 2022

A planner can be a game-changing tool—one that really causes you to not only plan for change, but to stick to it. It’s something you can go back to when you need a reminder of your daily tasks, long-term goals, or any...

Thursday, December 22, 2022

If one of your New Year's resolutions involves enhancing and expanding your investment portfolio, look no further. In a true New Year's Eve countdown tradition, ask yourself these 10 questions to help...

Thursday, December 8, 2022

It's generally a good idea to review your employer-sponsored retirement savings plan at least once each year and when major life changes occur. If you haven't given your plan a thorough review within the last 12 months, now may be a...

Thursday, December 1, 2022

The fourth quarter holidays are often seen as one of the prime times to take out your checkbook — not only do many charities put in extra efforts helping others this time of year, but donating is also a smart financial move....

Tuesday, November 29, 2022

Things to Consider Going into “The New Year" (Year-End Planning Checklist)The end of the year is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it...

Friday, November 25, 2022

Giving Tuesday is a day to extend the goodwill that the holiday season may bring to help others. With so many in need, the holiday season is a reminder to help those less fortunate. Whether you want to donate your time or contribute...

Friday, November 18, 2022

‘Tis the season to give thanks for the many blessings that you have received throughout the year and blessings that help you as you move into the future. One thing to be truly thankful for is financial wellness. When you are...

Friday, November 11, 2022

You’re an entrepreneur and you’re not looking back. You’ve opened your own business, whether alone or with partners, and you’ve achieved success. Now you’re thinking about retirement, not just for you, but...

Friday, November 4, 2022

Many of us grew up in a world where it was customary to be friendly, courteous, and trusting. Unfortunately, assumptions concerning these standards of conduct can sometimes get us into trouble. Con artists offering a variety of...

Friday, October 7, 2022

Whether your estate plan is simple or complex, there are many details, which are often overlooked, that can undermine your plan’s effectiveness. Are you aware of these common estate planning mistakes?

Friday, October 7, 2022

Major considerationsHow much will you need in retirement?When do you plan to retire? What kind of lifestyle do you desire? How much do you have right now that you can count on for your retirement? What about Social Security; do you...

Tuesday, October 4, 2022

You don't need to wait until the end of the year to look for ways to minimize your tax liability. Tax planning should take place throughout the year to have you prepared well ahead of tax season.

Tuesday, October 4, 2022

The sandwich generation is a term commonly used to describe those between the ages of 40 and 59 who are responsible for raising their family and are also often helping their aging parents manage their ongoing needs.