General retirement planning advice says that you’ll need about 80% of your pre-retirement income in retirement, but this may not be the case for everyone. Inflation, taxes, and long-term care costs are easily overlooked – but these expenses could be high. When...

The Federal Reserve voted to raise interest rates for the first time since 2018 and has several more rate hikes planned for this year.1 Rising interest rates can have significant effects on the economy and your finances. Between a volatile market, high inflation, and...

Charitable giving promotes happiness, draws us closer to others, and strengthens empathy. The act of charitable giving – whether time, physical items or monetary gifts – provides lots of benefits to not only the charity, but also offers intrinsic benefits to the...

Taxes could be one of your biggest expenses in retirement. But once you have an estimate for your tax burden in retirement, you can consider ways to minimize it. The first step towards creating a tax minimization strategy in retirement is looking at how your different...

As we saw during the COVID-19 pandemic, what happens somewhere halfway around the world can have a major impact on us. Now, the global economy faces new threats as a result of Russia’s invasion of Ukraine, including spiking energy prices, inflation, and a volatile...

When we think of milestone birthdays, we often think of ones that are already behind us – like 18 and 30. But there are plenty of important birthdays ahead of you, especially as you near and enter retirement. Starting at age 50, several birthdays are critical to...

How do you ensure your lifestyle in retirement, and what do you want that lifestyle to look like? Think about what you really want in retirement from a lifestyle perspective. Do you want to travel? Purchase a second home? Do you want to live closer to your children...

Here’s 10 Reasons We Believe They Could… Predicting the future may seem outside the realm of the possible. Short of having a moment of clairvoyance it may be nearly impossible to predict exactly how well gold and other investments will perform in the upcoming...

Once you’ve saved enough for retirement, the question becomes how you’ll make your savings last for the rest of your life. Higher costs make this difficult, and we’ve been seeing higher costs as a result of inflation for some months. It’s important to know how...

Tax Day is April 18th this year, due to the Emancipation Day holiday in Washington D.C. on the 15th. This is a good time of year to review your finances and think about your long-term tax strategy. Tax Day will be here before you know it, so know these important...

Before you know it, Tax Day will be here, so it’s best to start getting ready now. Beyond your tax bill this year, don’t forget about your tax bill in the future, even in retirement. Taxes don’t stop when you stop receiving a paycheck, and they could be one of your...

Now that you’re nearing retirement, the term “market volatility” might stir up different feelings than it did 30 years ago. Older workers and retirees understand that they have less time to make up for losses in their investments and to ride out future market crashes...