Eric Scott Blog Posts

It’s easy to avoid making an estate plan, but not having one won’t be easy on your loved ones. Having your affairs in order can be a big help to your family, so consider creating a comprehensive estate plan. Unfortunately, there are many easy-to-overlook estate...

Life happens. We change jobs, start a new career, or retire. If you have a 401(k) with your old employer, you will have to decide what do with that 401(k) account or other company retirement plan. There are some considerations that come into play like potential taxes,...

This riff on the autumnal classic apple pie serves 12! A quince and vanilla filling is topped with a lattice of golden pastry. Serve with whipped cream. Ingredients: 500g quinces (about 3), peeled, cored and cut into 4cm pieces1/2 vanilla pod, seeds scraped1/2...

If you’ve followed markets or financial news, especially in the past few years, you may have come across the term “fear of missing out,” commonly abbreviated to FOMO. When markets keep going up, FOMO can start to creep in. It can start to feel like you’re leaving...

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 you’ll pass on family heirlooms, property, or the wealth you’ve built over many years....

You might have been aiming to save a certain amount for retirement – and maybe you’ve already achieved that goal. But, considering inflation, an unpredictable market, and a lack of guaranteed income once your paycheck stops, you might be reconsidering whether you’ve...

Did you ever hear your parents or grandparents talk about how much less everything used to cost? They weren’t exaggerating – in 1960, a gallon of conventional whole milk was 31 cents, and today it’s $3.77 on average.1 A few dollars might not seem like much, but that’s...

If you’re planning on taking a vacation, it’s probably something that you’ve looked forward to for a while now. Maybe you haven’t traveled much since before the pandemic and want to this summer, or maybe you’ve recently retired and just want to relax and enjoy your...

Practice makes perfect, but unfortunately, retirement isn’t something you can practice. It typically happens one time, and there may not be many opportunities to learn from your mistakes. The best way to avoid making mistakes in the first place is to educate yourself...

When we think of major retirement expenses, we often consider housing, healthcare, and that trip of a lifetime we’ve been dreaming about for years. But, we often fail to consider what could potentially be our biggest expense – taxes. Many of your sources of income in...

We’ve come a long way from trading pelts and seashells as currency, and there have been many changes to how we produce and use currency between then and now. The value of currency and inflation affect us all, as we’ve seen recently at the gas pump and the grocery...

Russia Has Changed the Way Gold Trades by Setting a New Floor for Gold Ever since the 24th of February when Putin invaded Ukraine, the Russian leader has been engaged in an intense chess match against the other major leaders of the western world. Western leaders,...