Wealth Management

“Tax efficient” investing means taking steps to minimize losses to taxes in an investment portfolio. However, taxes should not be the primary reason to buy, hold, or sell an investment.

Many women are working and taking charge of their own retirement planning. What does retirement mean to you? Do you dream of traveling? Pursuing a hobby? Volunteering your time, or starting a new career or business?

The earlier you make your IRA contributions, the longer they will grow. So, under that theory, you should have made your IRA contributions for tax year 2023 at the beginning of 2023.

According to the Investment Company Institute’s 2023 handbook, as of the beginning of 2023, some $33.6 trillion worth of assets had been earmarked for retirement. 

The tax deferral accorded to IRAs and qualified retirement plans has helped to push total retirement resources in the USA to $33.6 trillion at the end of 2022 (Investment Company Institute 2023 Fact Book).

Caring for your aging parents is something you hope you can handle when the time comes, but it can be very challenging and is often the last thing you want to think about.

Every year since 2009, during the third week of October (the 17^th through the 23^rd in 2023), estate planners across the country recognize National Estate Planning Awareness Week.

Myth: Social Security will provide most of the income you need in retirement. 

Fact: It's likely that Social Security will provide a smaller portion of retirement income than you expect. 

How much life insurance do you need?

Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals.

Retirement plans and expectations vary greatly for each person, so the amount you need to retire and the method to reach that goal is unique and personal. One popular way to reach a retirement savings goal is with a 401(k) plan.

Most of our lives we are concerned with living in the moment–figuring out what we need to do today and how we might accomplish it. Sometimes, we can move beyond the moment, and think of our goals for the month, or even goals for the year.

The world 50 years ago was a lot different than it is today. An individual often worked at the same job all his or her adult life, lived in the same house, and stayed married to the same spouse.