Many retirees are talking about new tariffs in 2025 and wondering how this affects everyday spending. These policies do not just affect trade partners. They can ripple into prices of goods, household budgets, and what retirees pay for essentials. It is useful to understand where these effects are showing up. Prices on Everyday Goods Tariffs […]
Are Tariffs Making Retirement More Expensive? Read More »
Tax policy matters for retirees, especially when new legislation like the Big Beautiful Bill becomes law. Although some provisions are still being clarified, many retirees may benefit from understanding how recent changes could connect with their finances. Income Tax Brackets One key element of the Big Beautiful Bill is making certain tax cuts from the
One Big Beautiful Bill at a Glance: What to Know Read More »
It’s hard to believe that 2024 is more than halfway through. Lo and behold, it’s a presidential election year, too. November 5 is rapidly approaching. Whenever an election year rolls around, our trusted advisors tend to get a lot of questions from our customers about how to invest intelligently in the face of political uncertainty.
July is officially here, which means you’re probably enjoying the nicer weather and the fact that you don’t need to worry about filing your taxes for another 9 months. However, July is actually the perfect time to assess whether you can improve your tax efficiency when you’re filing your taxes next year. You can begin
Why It’s Smart to Start Tax Planning in July Read More »
As we head into the summer months, it’s a perfect time to remember that financial planning isn’t just about long-term savings and retirement plans. We are a family-oriented business, and we know that spending the summer months having fun with your loved ones is one of life’s greatest joys. That’s why we work with each
Ways to Turn Your “Soon” Bucket Into Summer Fun Read More »
There is no simple answer to the question ‘how much money do I need to retire?’ It depends on many factors, including at what age you plan to retire, your lifestyle, current and future spending habits, types of assets in your portfolio, and much more. While it is difficult to assign a dollar amount that
How much money do I need to retire? Read More »
There are many ways to invest your wealth throughout your life that can set you up for a successful retirement. IRAs, Roth IRAs, and 401(k)s are just a few of the most popular retirement accounts. What if you already have a traditional IRA, however, and want to contribute that money to a different account based
Is a Roth IRA conversion right for me? Read More »
Getting older has its nuisances as your health starts to decline, eyesight and hearing can deteriorate, you start having aches and pains in unexpected body parts. However, it does have its perks. Some of those benefits are in the form of tax breaks that come as you get older. Seniors have a larger tax deduction
Are There Tax Breaks for Different Generations? Read More »
Retirement is a dream for most Americans. Sure, there are people like Warren Buffett who love to work whereas most people do not. If you’re one of those people who want to retire, the question arises of when a good time to retire might be. Some people will be fine retiring next week while some
Should You Delay Retirement? Read More »
After working hard and building a little wealth, it’s incumbent on you to do what’s necessary to protect that which you have accumulated. There are several ways you can protect your wealth, including making wise investments that will help your nest egg grow. As you contemplate how to grow and protect your wealth in the
Legacy Plan. Do you have one? Read More »
