by Paul Scott | Feb 3, 2023 | Uncategorized
There are many strategies for saving for retirement, and the best one for you will depend on your individual circumstances. Here are a few general strategies that may be useful to consider with Eric Scott Financial. Do you know how much your retirement will cost? Have... 
by Paul Scott | Jan 20, 2023 | Uncategorized
You might remember a time when markets kept increasing and your retirement portfolio was “smooth sailing.” But that was before the recent inflation numbers and market correction. You may have built a substantial nest egg, but you may be concerned about how you will... 
by Paul Scott | Jan 7, 2023 | Uncategorized
First of all, Happy Half-Birthday! As we get older and enter new chapters in our life, it comes with wisdom. However, once you reach age 59 1/2, it also starts to present new and important financial decisions that can affect your retirement lifestyle. If you’re... 
by Paul Scott | Jan 6, 2023 | Uncategorized
Those receiving Social Security benefits this month will be pleased to find they’re getting the biggest benefit increase since 1981 – an 8.7% cost-of-living adjustment, or COLA. Unfortunately, about 40% of retirees have used up much of their emergency... 
by Paul Scott | Dec 30, 2022 | Uncategorized
The start of a new year always brings changes to tax laws, impacting how much you can save for retirement and deduct from your tax returns. Inflation played a big role in tax law changes for 2023, with some adjustments being made in larger-than-usual percentages.... 
by Paul Scott | Dec 22, 2022 | Uncategorized
The 2022 economy has broken multiple records, first, with the highest inflation rate in 40 years, and now, the highest federal reserve interest rates since 2008.1 In efforts to curb raging inflation, the US Federal Reserve has raised interest rates six times in...
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