In the next two or three decades, it's expected that a great wealth transfer will occur. It should come as no surprise that a significant proportion of this wealth will be coming from baby boomers....
The Social Security Administration Has Announced Cost of Living Adjustments & Tax Changes For 2021. Here’s What You Need to Know
On Tuesday, October 13, 2020, the Social Security Administration released important facts and figures for 2021 - including cost-of-living adjustments (COLA) for retirees and tax changes for the currently employed. The Good? Benefits Are Increasing...
7 Cybersecurity Tips to Keep in Mind While Shopping This Cyber Monday
According to a recent survey, 87 % of U.S. adults feel that the risk of becoming a cybercrime victim is growing. In fact, online crimes, including server breaches, are the single largest criminal threat facing small businesses....
5 Clever Financial Gift Ideas for Grandchildren
One of the most crucial responsibilities families have when it comes to raising children is to educate them so that they’re ready to handle the complexities of adult life. While schoolteachers address the usual subjects...
Investing for Retirement Income: Straw, Sticks, or Bricks?
If there were an appropriate analogy for investing for retirement, it would be the classic fable of The Three Little Pigs. As you may recall, those three little pigs tried three different structures to protect...
A Guide to Dividing Your Estate Unequally
Dividing your estate among family can be complex and, at times, difficult. Nevertheless, not having a will may lead to more complications and is ultimately irresponsible. Quite often, equally dividing assets among children makes the...
As the Coronavirus Continues, Avoid These Five Retirement Mistakes
The COVID-19 pandemic hit hard in early 2020, and it continues to remain prevalent as we near the end of the year. Whether you’ve recently retired or it’s coming up in the next few years,...
Q3 2020 Quarterly Update
In third-quarter markets representing a second consecutive quarter of remarkable overall gains, what stock outshone all the others in the S&P 1500 Composite Index? Zoom? Apple? Netflix? Nope, none of these, or any of the...
What Is Fiduciary Investment Advice, and Why Does It Matter?
Is all investment advice equal? Seems like an easy question to answer, right? We assume that someone who is providing financial advice knows what they’re talking about. Problem is that isn’t always the case. In...
4 Common Money Mistakes for Pre-Retirees
For many nearing retirement, thoughts start to drift farther away from the job at hand and closer to what they’ll be able to do with all their free time - catch up on some reading,...