Estate planning may sound like something only the ultra-wealthy need to think about. Images of sprawling mansions, vintage cars, and family heirlooms might come to mind. However, estate planning isn’t just about wealth. It’s about ensuring that what you leave behind, no matter how modest or grand, is handled the way you want it to be. Read More
It’s a common problem: When passed to the next generation, wealth evaporates instead of increasing. There are even proverbs across time and cultures reflecting this phenomenon: Read More
Many investors look ahead to certain events in their lives as they plan their retirement. These are mostly age-based milestones, the times when investors make financial decisions that will affect their retirement for better or for worse. Read More
You and your husband have likely planned for your retirement together. However, unpleasant as it is to think about, statistically women are likely to outlive their husbands. So it’s important for women in particular to talk regularly and frankly with me about retirement, and how it might change if their personal circumstances change. Read More
Investing your hard-earned money is much like navigating a labyrinth; exciting, unpredictable, and occasionally a wee bit terrifying. However, it’s the allure of potentially striking gold that drives us to venture into the maze, often leading to some, let’s say, less than stellar decisions. But, what makes us justify our bad decisions in investing? Read More
Welcome to the realm of finance, where the certitude of uncertainty reigns supreme. When it comes to predicting the stock market and economy, no one knows anything (with any real certainty). Let’s explore why. Read More
Finding yourself surprised by the rising costs of everyday purchases? You’re likely coming face-to-face with the economic phenomenon known as ‘sticky inflation’. Read More
Luck, they say, is when preparation meets opportunity. As much as we all want to believe that our successes in life and investing are purely the product of hard work and strategy, there’s an undeniable element of luck involved as well. Luck is an intriguing aspect of financial planning and how it plays into the grand scheme of our lives. Read More
In the world of retirement planning, one of the decisions that people often face is what to do with their employer-sponsored retirement plans when they leave their job. Whether you’re transitioning to a new employer or stepping into retirement, it’s crucial to make informed decisions about your retirement savings. One option that many individuals consider is rolling over their employer retirement plan into an Individual Retirement Account (IRA). Here, we delve into the reasons behind this popular choice. Read More
You’ve probably heard the phrase, “There’s no such thing as a free lunch,” but when it comes to tax-deferred retirement accounts, it might seem like the government is offering just that. A closer look, however, unveils an intriguing retirement strategy that benefits both parties: the individual saver and the government. It’s a tale of tax-time savings for you and eventual tax revenue for Uncle Sam. Read More
