Are you retired or is retirement within sight? Congratulations! Now you can do all those things you have dreamed of doing in your leisure years – travel, spend time with family, volunteer, play more golf or pickleball, or try something new. Up to this point, you have probably focused on growing your wealth within comfortable […]
THE THREE BUCKET INVESTMENT PORTFOLIO Read More »
Are you one of 63% of workers who cannot cover a $500 emergency expense? Effective January 1, 2024, help may come from your employer in the form of a PLESA which was created by the SECURE 2.0 Act of 2022. What is a PLESA? PLESA stands for pension-linked emergency savings account. Your retirement plan sponsor
I just read two interesting articles about spending habits. One focused on boomers and the other discussed the differences in spending habits of boomers, Gen X, Millennials, and Gen Z. The latter article was based on data from Bank of America. My Spending I started seriously tracking my spending in mid-life and must admit it
What’s the difference, you ask. Aren’t they the same? The answer is “no” and, depending on your situation, you may want to use one, the other, or both. Let’s take a deeper look. Money Market Account A money market account, sometimes called a money market deposit account, is a type of bank or credit union
MONEY MARKET ACCOUNT OR MONEY MARKET FUND? Read More »
Are you prepared for retirement? A study done by The American College and the State Farm® Center for Women and Financial Services found: “Business owners, unlike most workers, were always responsible for funding their own retirement. It might be assumed, therefore, that retirement planning is a routine aspect of their financial activities. Evidence suggests, however,
EMPLOYERS SECURE YOUR FUTURE IN 2023 Read More »
With turmoil in the financial world – inflation, bank bankruptcies, recession concerns, etc. – you may have reached the point that you want to check in with a professional advisor. If nothing else, it may calm any anxiety about your future. Common questions I hear as I speak to audiences across the nation are: Am
SHOULD I HIRE A FINANCIAL ADVISOR? Read More »
Will you be 60, 61, 62, or 63 in 2025? Are you still employed and contributing to your company retirement plan? Then start planning now for the added contribution you may make starting in 2025. Catch-Up Contributions You may be aware that under current law, employees who reach age 50 are permitted to make catch-up
EXTRA RETIREMENT PLAN CATCH-UPS ARE COMING YOUR WAY Read More »
How our world can change overnight! Unless you have been backpacking in the wilderness, on a retreat, or have given up social media, tv, cable, radio, and newspapers, you must have heard or read about the disasters that struck the financial industry last month. Silvergate Bank in California opted to close while Silicon Valley Bank
DON’T PANIC IF YOU READ THE FINANCIAL NEWS Read More »
Is someone in your family currently serving in a branch of the United States Armed Forces? If not, you undoubtedly know someone who is currently serving our country. An inevitable part of military life is moving often. It is well known that military families will relocate every few years, sometimes all the way across the
DO YOU KNOW A MILITARY SPOUSE? Read More »
Do you expect to be the beneficiary of an IRA or retirement plan? Maybe you are in the process of a review of your IRA or retirement plan beneficiaries and want to make good decisions based on current legislation. The rules changed with both the 2019 SECURE Act and the SECURE 2.0 ACT of 2022
WILL YOU INHERIT AN IRA? Read More »