Trusts used to be seen as an estate planning tool for only the very wealthy, who have complicated family situations to sort out, and high-value assets to protect. Times have changed. Modern lives are complicated, asset values are high, and good estate...

There's one question we hear most often from those nearing retirement, is some variation on this:   “How do I get my money out of my retirement plan and into my checking account?” The question is not as simple as it appears...

Creating a retirement paycheck that generates the income you need while keeping you in the lowest possible tax bracket isn't as easy as it seems. All the planning you did while working – like saving retirement funds in tax-deferred accounts...

Growing your business across every measure is the priority for business owners, no matter their stage. · Just starting out and working to be revenue-positive or coping with early income · In the mid-stage and building your strategy and...

August Recap and September Outlook After the bear market rally in July was extended for the first few weeks of August, Federal Reserve Chairman Powell used the Fed’s annual Jackson Hole symposium to clarify the Fed’s position on future...

Should you have disability insurance? A sobering statistic from the Social Security Administration (SSA) might be helpful: the SSA reports that a 20-year-old has a more than one-in-four chance of becoming disabled before reaching retirement. Social...

For most people, there's usually a point where their financial life becomes complicated enough that they realize it's time to hire a professional. This could be at any stage of life; it’s more about the individual situation and how an...

July Recap and August Outlook   July marked the best month for the markets since November 2020. What happened, after the rout of the first half? Some ideas: · It’s a bear market rally sparked by better-than-expected...

Whether it builds gradually or something happens to spark it – there's a moment in adulthood when you realize that you need to care for the people that cared for you. Getting a plan in place to care for your parents means balancing your...

Getting married later in life allows you to solidify a bond with a partner who you can enjoy your golden years with. However, senior marriages also pose challenges. For example, older people tend to have more assets, which need to be carefully merged...

Running a profitable small business has always been challenging. But it’s now even harder than normal as inflation and other factors bring the economy to its knees. Consumers have less purchasing power, and companies are scrambling to find...

A recession is one of those things that can't be avoided. However, you can make plans to ensure your finances aren't as hard-hit as they would've been if you hadn't made provision for this. Here are some helpful tips on how to sail...

In the 20th century, as the “pay for product” model took root and flourished, financial advice became all about asset selection, except for the very wealthy with enough assets to command personalized, holistic advice as an additional...

Reaching Medicare eligibility solves one of the most expensive retirement problems for many retirees: healthcare. Once you've made the adjustment and selected all the various Parts and plans, the convenience and affordability of Medicare are one...

When to claim social security benefits is one of the biggest questions when thinking about retiring. Your retirement income will likely come from various sources, and each will fit into your financial plan in different ways. Still, for most people,...

How a Business Coach Can Help Your Company Thrive   Many entrepreneurs fall prey to the belief that they must achieve success on their own, without any help. Per this belief, success that is achieved with help is somehow illegitimate. Studies...

Tax planning for retirement is different from the strategies you deploy to minimize taxes while working. You'll be using your investments for income, and the way they are taxed is different depending on the type of account you hold assets in. In...

Inflation is driving the headlines and wreaking havoc on budgets. But for long-term investors – mostly everyone – short-term inflation isn’t the biggest risk to financial plans. Volatility is. It's being fueled by the Federal...

If supporting charities meaningful to you is part of your long-term financial plan, creating a strategy around your giving can help you maximize the gifts you give. It can also be tax-efficient across several dimensions of your overall plan. A...

It’s a little scary to start a business, especially if you’re fresh from college or have relied on employment all your life. But you may have no option. For example, in a case where you’ve lost your job, retired, or searched for a...