If you’re a veteran or a surviving spouse of a veteran, don’t miss out on valuable benefits such as health care, retirement income, and burial benefits. Recently, a few of our clients checked their eligibility for veteran benefits and were pleased to find out they were approved. If you served in the military, it’s worth …
Retirement Planning
Retirement Planning for Gen X
Retirement Planning for Gen X (Age 44 to 59 in 2024) Generation X, currently in their peak earning years, often faces the dual challenge of caring for both their children and aging parents. This generation frequently invests two key resources—time and money—into caregiving responsibilities. While retirement may still seem distant to some, it is important …
Social Security Updates
It sometimes seems like the landscape is always changing with Social Security. Let’s start with some good news – the approved 2024 cost of living increase is 3.2%. This is compared to the 8.7% boost that occurred this year (2023). On average, retirees will receive a $50 per month increase in social security retirement benefits. …
Retirement Planning
Retirement Planning: Look Beyond Your Financials Retirement is supposed to be fun, right? It’s the prize for your hard work and dedication to your job, family, community, and more. Then why might the idea of or your actual retirement sometimes feel a little bit terrible? You and various members of our team have worked together …
Navigating Medicare
What is Medicare? Medicare – a most common topic of discussion among those age 65 and older. Why? Medicare can be complicated. People often use the advice and lessons learned from others to support their own decisions. We think it is important for you to have the best plan available for your personal healthcare and …
Roth vs. Traditional Contributions
Roth vs. Traditional Contributions For those actively working, there are many benefits and other financial decisions to make each year. One key decision is associated with your employer savings plan. Many of us hear the term Roth and aren’t quite sure what it means. It is a type of contribution that you can make to …
Financial Planning for Retirees
Successful financial panning for retirees is often looked at as the goal of financial planning. However, the planning process does not end there. In fact, once you retire, there are many key events that a good plan should address and unique sets of challenges that go with them. Just today, we had a client comment …
Smart Decisions for Snowbirds
Create the freedom to follow your life wherever it leads. With nearly half of our client base already living the snowbird lifestyle, before and after retirement, we know there is a lot more to consider than where to buy a new home. If we were to list all the smart decisions for snowbirds for someone …
3 Key Principles – Planning for Retirement
We get it. Finances can sometimes feel stressful and complicated. Life is a series of events – some simple, others complex. Planning for retirement is one of the more complex. That’s why we are dedicating a portion of our newsletter to specifically address some of the most pressing retirement planning related topics and concerns for …
Financial Resolutions
Financial Resolutions for 2023 The beginning of the year is a great time to set and review your financial goals. Thinking through and creating a plan can go a long way towards achieving your long-term financial success. With that in mind, consider the following: ☐ Learn more about upcoming changes surrounding the SECURE Act 2.0, …