Today’s Interest Rates and Your Retirement

The Federal Reserve makes a monthly statement about its interest rate policy, which is based on the data it tracks and analyzes to understand the state of the economy. This includes data regarding inflation, employment, and more. These statements are important for the rest of the nation to understand how the economy is doing as ...

2024-07-22T16:32:31+00:00July 22nd, 2024|Blog, Economy, Federal Reserve|

Planning for Retirement Income Beyond Social Security

Planning for retirement income is a crucial aspect of achieving a secure and comfortable retirement. With longer life expectancies and the need for additional sources of income, it's essential to consider various strategies to supplement Social Security benefits and ensure financial stability during retirement. Importance of Supplementing Social Security Benefits While Social Security provides a ...

What 2025 COLA Predictions Mean to You

In 2022, the United States experienced the most significant inflation in four decades, primarily due to macroeconomic disruptions and supply chain issues following the COVID-19 pandemic. This led to an 8.7% cost-of-living adjustment (COLA) for Social Security beneficiaries in January 2023, the largest increase since the early 1980s. However, despite this, many retirees continue to ...

2024-07-08T16:22:52+00:00July 8th, 2024|Blog, Economy, Financial Planning, Social Security|

Your Finances Support What Matters in Life

When you think about your finances or financial topics, you probably think of the stock market, inflation, interest rates, valuation ratios, and other complex concepts. Well, forget all of that. The truth is your financial security is a cornerstone of a fulfilling and meaningful life. Whether the minutia makes sense or makes your head spin, ...

2024-07-01T15:13:03+00:00July 1st, 2024|Blog, Financial Planning|

7 Steps to Help You Plan for Retirement

Wealth preservation is essential for many individuals but warrants a specific focus for those nearing retirement. Understanding the complexities of wealth preservation is crucial, particularly for pre-retirees. Today's pre-retirees may need a more detailed retirement plan, whether due to inheritance, accomplishment in the corporate world, or entrepreneurial fulfillment. Regardless of how one acquires wealth, it's ...

2024-06-24T14:50:23+00:00June 24th, 2024|Blog, Retirement Planning|

What is a Dividend Strategy for Retirement Income

Recently Alphabet, the parent company of Google, announced that it would be paying out dividends for the first time in the company’s history.[1] As such, you may wonder if you should adjust some of your portfolio and consider how dividends play a role in your portfolio. You may also wonder what the best dividend strategies ...

2024-06-17T16:33:34+00:00June 17th, 2024|Blog, Investing|

Managing Growth and Income in Your Retirement

Congratulations on reaching your retirement! However, the journey doesn't end here; it's time to start building income strategies to ensure financial security throughout your golden years. Balancing income, expenses, and portfolio growth is crucial for a sustainable retirement. Here's a comprehensive guide to help you navigate this phase of life. Considering income sources Previously, people ...

2024-06-10T07:37:18+00:00June 10th, 2024|Blog, Financial Planning, Retirement Income Planning|

Is It Better to Contribute to Retirement Accounts When You’re Young?

Plenty of people in the late stages of their careers and in the pre-retirement age range may find themselves focusing on covering immediate financial needs and postponing their retirement needs. If this sounds like you, we get it, but this could be more costly than you think. It’s important to understand the potential drawbacks associated ...

2024-06-03T05:47:26+00:00June 3rd, 2024|Blog, Financial Planning, Retirement Planning|

Understanding Contribution Limits to IRAs

Are you maxing out your retirement accounts every year? Do you know what the limits are for your retirement contributions? If your answer to either of these questions is no, then this article is for you. If you’re looking for the best retirement strategy for a 50-year-old or other similar age group, here’s a suggestion: ...

2024-05-28T14:01:49+00:00May 28th, 2024|Blog, Retirement Income Planning, Retirement Planning|

Healthcare and Your Retirement: Where to Start

Preparing for healthcare expenses in retirement may be a good idea because studies suggest that most couples will spend approximately $315,000 on healthcare during their retirement years.[1] This staggering figure underscores the importance of developing a robust strategy to manage such costs effectively. Creating a well-structured retirement plan may be an important step to mitigating ...

2024-05-15T18:00:42+00:00May 20th, 2024|Blog, Financial Planning, Healthcare|
Go to Top