Open enrollment is a critical time for employees to review and make decisions about their benefits for the coming year. Many people mistakenly assume they don’t need to make changes from their previous selections, but every year, new options may…
From a financial planning standpoint, managing the risk of long-term care (LTC) is becoming increasingly crucial. As life expectancies rise and medical advancements extend our lives, the likelihood of needing assistance with daily activities or medical care increases. This can…
Choosing where to retire is a big decision that requires careful consideration of various factors, ranging from the cost of living to healthcare accessibility and lifestyle preferences. You may wonder how to determine the best place to retire and where…
We have asked for your feedback regarding topics our readers want to learn about, and so we are back this month with an article on tax planning in retirement. As everyone’s retirement assets, length, and goals are different, we will…
Preparing for retirement may seem daunting and overwhelming. You may not know where to start or what information to even consider. This article will discuss 10 things to do before retiring that will hopefully provide some guidance to start on…
More and more I have clients reaching out to sign up for Medicare and/or Social Security. Sometimes it is important that they sign up and sometimes it is not. Let’s explore when you should and when you should not. At…
The stock market goes down by 10%, your $500,000 account drops $50,000, and panic sets in. It drops another 5%, and you decide to act and sell. Your worry is relieved as you see the market go down another 5%,…
There are several strategies you can consider that can minimize your tax liability for the year 2023 when filing your return in 2024. This article will discuss those various strategies that could benefit you this tax season. Contributing to Traditional…
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Thoughts for the Generationally Minded What does it mean to be generationally minded? The definition we shall use is to long for your wealth to endure to your children and grandchildren. We keep in mind that we want our descendants…