Your IRA and Your Legacy
Individual retirement accounts can play a valuable role in the estate planning process. Individual retirement accounts (IRA) are a cornerstone of many people’s retirement savings strategy, and for good reason: the ability to contribute pre-tax income—and to defer taxes until you start making withdrawals—means your savings can potentially grow more quickly than they could in…
Read More3 Tips for Smart Spending When Staying At Home
The global marketplace is shifting before our eyes. In a matter of weeks, stalwarts of the economy like airlines, hotels, and restaurants have nearly ground to a halt. Consumer spending has taken a nosedive as most of society is being more mindful of where we go and what we spend. We can find examples to…
Read MoreKeeping Emotions at Bay During Virus Volatility
Fear, uncertainty, volatility, panic—these emotions are nothing new to the world of investing. In fact, they seem to reappear on a fairly consistent basis. The outbreak of Covid-19 has brought them back with a vengeance, but wise investors know how to stay the course, keep their emotions in check, and take advantage of new opportunities.…
Read MoreMarket Commentary Q1 2020
Our latest quarterly market commentary provides an overview and analysis of market performance during the first quarter of 2020 as well as a recap of how risk is managed in our portfolios. Click here to read our Quarterly Commentary Q1 2020. To schedule a call with one of our advisors, contact us to request an appointment.
Read More5 Tips for Navigating the Coronavirus Crash
When stock markets experience sudden downturns, investors can feel anxious and make decisions detrimental to their long-term goals. After all, when you’ve worked hard for the money, it’s painful to see your account balances drop. This is a natural reaction, even with savvy investors who’ve experienced market volatility before. These extremes are enough to test…
Read MoreWhat the SECURE Act Means for Your Retirement
On December 20th, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law. As the name implies, this law intends to make it easier for Americans to save for retirement. Though this may sound simple enough, as with most laws, the reality is far more complex. The SECURE Act includes changes that affect…
Read MoreHow to Make Your 2020 Resolutions Stick
Making a New Year’s resolution is the first step to creating better habits. But making a New Year’s resolution and keeping a New Year’s resolution are not always the same thing. If you’re like most people, New Year’s resolutions are often long forgotten by mid-February, if not sooner. But it doesn’t have to be that…
Read MoreDon’t Miss These 6 Year-End Financial Planning Opportunities
Are your finances ready for the end of the year? December brings many deadlines and lists; there are gifts to buy, holidays to plan, and vacations to organize. While financial planning should occur year-round, it often becomes top of mind as the year draws to a close. Even though the holiday season is a busy…
Read MoreCollege Savings Plans: Breaking Down the Complexities
The increasing cost of higher education saddles many young adults with massive amounts of student debt. This student debt makes it harder to balance other important financial obligations such as buying a home, having a wedding, or starting a family. Young adults who graduate with less student debt have more flexibility and financial opportunities later…
Read MoreBe Prepared: 7 Estate Planning Tips
No financial plan is complete without an estate plan. Estate planning covers all aspects of your life, from creating your will to planning medical decisions. Due to the complex and emotional nature of estate planning, many people avoid creating or updating their estate plan. Though this is understandable, estate planning is an important part of…
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