The first quarter of 2025 started off on a positive note, with most major markets posting gains. Leading the way were International Developed Stocks, up 6.20%, followed by Emerging Market Stocks at 2.93%, the U.S. Bond Market at 2.78%, and Global Real Estate at 1.37%. On the downside, the Global
As part of the SECURE 2.0 Act, owners of 529 plan accounts can now make tax- and penalty-free rollovers to a beneficiary-owned Roth IRA retirement plan account. This change provides more flexibility to families who worry about having unused or leftover funds in their 529 plans. Before the SECURE 2.0
The stock market is expected to be down another 2% today. Do these 4 things before you decide to buy or sell. I’m sure you’ve heard “Buy the dip” a million times in the past 5 years. As a wealth advisor, I know I have! Investors have become increasingly smart
There are several considerations and milestones that should be considered when planning for retirement. Here is a list of milestones with their significance based on your age and the suggested actions you should take in your retirement plan. Age 21 An employer-sponsored retirement plan cannot exclude an employee from participating after the
A study from the Department of Health and Human Services (HHS) indicates that approximately 49 percent of men and 64 percent of women who turn 65 today will require substantial long-term care at some point during their later years. Supplementing this information, the National Association of Insurance Commissioners (NAIC) reported
Early in my career as a financial advisor, clients would often ask me:“What number do I need to retire?” They believed that hitting a certain financial milestone was the key to freedom. And for a long time, I believed it too. I’d run the calculations, project the returns, and set
Why Converting Your Home into a Rental May Be a Bad Idea: Many homeowners, when moving out of their primary residence, consider turning it into a rental property instead of selling it. On the surface, this may seem like a great idea, especially in high-appreciation markets. However, there are several
Most people who fail don’t fail because they don’t try, it is usually because they don’t have the right system to create success. Success is intentional and so it is no surprise to learn financial security doesn’t happen by accident; it requires planning and intentionality. Whether you aim to pay
What will happen to your business if you’re no longer around to run it? Too many business owners put off this question, but failing to plan for the unexpected can be costly. Whether its due to death, disability, or retirement, it can leave your company, employees, and loved ones in
As a business owner, you’ve worked hard to build your wealth. When it’s time to plan for the future, one question many of my clients ask is: “Can I charge my estate planning fees to my business?” It’s a smart question. After all, why not have your business cover these