Estate and Gift Taxes – Here’s What You Need to Know
These are just a few of many considerations when planning your legacy, but it’s key to have a plan – and then keep it current.
Kids and Money . . . It’s Up to You & Me
Why is it so important for parents to teach their kids financial literacy? A 2022 study by Fidelity discovered that roughly 72% of the teens say they have “no knowledge about trading stocks and ETFs.” And almost half the 13- to 17-year-olds surveyed said that investing “feels out of reach” for them.
Is There a Magic Bullet for Retirement?
For almost three decades, the 4% rule has often been used as the rule of thumb for retirees in determining their withdrawal rate. But considering today’s market and economic conditions, can retirees really rely on this old standby to guarantee they won’t run out of money?
Financial Planning Breeds Financial Success!
With no shortage of financial myths and mysteries to choose from, there is possibly none bigger than the concept that financial planning is only for the wealthy. The truth for most folks, however, is just the opposite – financial planning is actually a path to becoming wealthy.
Retirement Savings – Another Victim of Today’s Inflation
Higher prices at the gas pump, the grocery store, the airport, and many other items affected by today’s high inflation are challenging us to stretch our dollars as far as they can go – and for some, their retirement savings are taking the hit.
How Can We Expect Our Economy to Behave?
Some prominent analysts and economists believe that we’ll see inflation hanging around for the long term, with rising interest rates, and likely slower economic growth than we’d like to see. So this week, I’d like to dig a bit deeper into these areas so you can better understand what’s going on now – and what could happen tomorrow.
Cash Is King – Isn’t It?
In times of market turmoil, some folks may decide that pulling funds from riskier, growth-oriented assets and putting it all into cash can safeguard their money. But in doing so, they just may be surrendering potential opportunities for meaningful growth.
Student Loan Forgiveness? Just Say No!
Although White House officials have debated the forgiveness program internally for more than a year, there doesn’t appear to be any real consensus on the best path forward.
Inflation – Could the Fed be Wrong Again?
Recently, I’ve had a few folks ask me about inflation, given how high it is right now and how much airtime the media is giving it. Inflation – at least as we’re currently experiencing – is an issue that doesn’t seem to have one clear, specific root cause, despite what you may hear from media pundits.
Crypto in Your 401(k)? Hmmm . . . Not So “Fast”!
Investing for retirement is a long game and the rules aren’t the same for everyone.
