Here’s a closer look at the six most common estate planning mistakes and how you can sidestep them.
Continue readingCommon Estate Planning Mistakes And How To Avoid Them
Downsizing After Retirement: Is it Right for You?
Downsizing is a common path many retirees consider, whether for financial reasons, lifestyle changes, or simply the desire for a fresh start. But is downsizing the right move for you?
Continue readingSpring Cleaning Your Retirement Plan: 5 Steps to Refresh Your Finances for 2025
Spring is the perfect time to refresh more than just your home—your retirement plan deserves a tune-up too! Here are five practical steps to ensure your financial roadmap still fits your lifestyle. From reassessing your goals and optimizing taxes to rebalancing investments and securing your legacy, this guide helps retirees take control with confidence.
Continue readingThe Social Security Fairness Act
On January 5, 2025, the Social Security Fairness Act (H.R. 82) was signed into law, marking a significant shift in how Social Security benefits are calculated for millions of Americans, particularly those who have dedicated their careers to public service. This act specifically addresses the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), which have historically impacted the retirement benefits of many public sector employees.
Continue readingJanuary 2025 Financial Market Update
The S&P 500 rose to an all-time high in the fourth quarter and extended 2024 gains as the election results raised expectations for tax cuts and other pro-growth policies in 2025, while the economy remained on solid footing and the Fed continued to cut interest rates.
Continue readingNavigating Holiday Conversations About Finances: Practical Tips for Every Generation
The holiday season brings cherished moments of connection as families gather to celebrate and create memories. Amid the joy and togetherness, these gatherings also present an opportunity to engage in meaningful conversations about personal finances. While money can be a sensitive topic, approaching it thoughtfully can foster understanding, encouragement, and preparation across generations.
Continue readingOctober 2024 Financial Market Update
Markets were volatile in the third quarter as investors faced political turmoil and increased uncertainty about future economic growth, but the return of Fed rate cuts and solid corporate earnings helped to offset those political and economic anxieties, and the S&P 500 hit another new all-time high and finished the quarter with strong gains.
Continue readingManaging the Transition to Retirement
The transition to retirement is a significant life event filled with opportunities and challenges. By making thoughtful decisions, maintaining strong relationships, planning for uncertainties, and prioritizing your health and legal affairs, you can navigate this new phase with confidence.
Continue readingNavigating Capital Gains from Appreciated Stock During Retirement
Understanding how capital gains impact your income taxes, Medicare premiums, and Social Security benefits is essential for effective retirement planning.
Continue readingShould I Buy A Vacation Home?
With thoughtful planning and informed decision-making, you can determine whether investing in a vacation home is the right choice for you and your retirement lifestyle.
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