Eric Scott Blog Posts
Overlooked Principles: Are You Ignoring the Right Things?
Quick question: What do you usually find yourself reading? News summaries, headlines, and quick bits to keep yourself updated? Or longer reads like books and articles? We're ever more inundated with information that's eager to capture our attention. We click because...
Building Your Foundation Through Social Security
Deciding when to initiate your Social Security benefits is a pivotal crossroad on your retirement path. This decision plays a vital role in shaping the foundation of Your Financial House. Evaluating Financial Need Assessing your financial needs is the first step. Age...
5 Strategies to Ease Your Retirement Worries
For as long as we've been guiding clients through their retirement planning journey, one worry consistently comes up – running out of money. We understand that this concern can keep you up at night, and we want to reassure you that we're here to help you avoid that...
Aging Parents Need More Care?
Have you noticed Mom or Dad showing signs of decline? Are you worried about your elderly uncle living at home by himself? You're not alone. Many of us will find ourselves making care decisions for our parents or other beloved elders. It's not an easy place to be...
Latest Inflation Trends and Market Outlook
The latest figures suggest that the surge in U.S. inflation we've been experiencing for the past two years is beginning to taper off. As of June, the consumer price index (CPI) has increased 3% year-on-year, a decrease from May's 4% rise. To clarify, the CPI measures...
9 Painless & Powerful Ways to Travel Safer in Today’s World
Fiji, France, Japan, or the Yucatan... Wherever your next trip takes you, your travel plans could get tripped up if you're not planning ahead. For some, ditching plans and being spontaneous can be part of the fun of it all. It can lead to some welcome surprises. But...
Understanding Inflation Trends: Signs of Slowing Down and What it Means for You!
Inflation has been a big topic in finance and politics lately. You may have noticed that things are getting more expensive when you go to buy them. For example, the price of eggs went up by almost 60% in 2022 because of a bird flu outbreak. The pandemic also caused...
Minute by Minute
The latest Federal Reserve meeting minutes1 were released last week. Members pretty much completely agreed on the need for additional rate hikes2, virtually guaranteeing at least a 25-basis-point (.25%) increase at their next meeting on July 25 and 26. This, plus the...
Financial Foundations: Does the 4% Rule of Retirement Really Work?
During your working years, your main goal is to accumulate wealth so that you have the resources to achieve a comfortable retirement. But that's just half the battle. How you use your savings to cover your living costs is the real key to living the retirement of your...
Legacy Preparation: Thinking About the Next Generation
Estate planning an important part of our Legacy Preparation/Pre-Planning Cornerstone. You’ve probably passed on pieces of wisdom to your children, but have you considered how you’ll pass on your wealth? Now that you’re reaching a certain age, you may be wondering how...
Understanding the Recent Bank Instabilities
In the past few months, significant changes in the banking sector have been observed, notably at Silicon Valley Bank (SVB), Signature Bank, and First Republic Bank. These transitions have sparked concerns of a potential wider recession on the horizon, reminiscent of...
Building the Beams: 3 Essential Tax-Saving Strategies for a Prosperous Retirement
As you gear up for your golden years, it's vital to keep tax-saving strategies in mind to lessen your tax burden. Here are three essential tips for managing your taxes during retirement. Choose Your Living Location Wisely What will your retirement destination be? A...
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