Retirement income planning oftentimes includes a focus on limiting taxable consequences. A Traditional IRA or 401(k) provides pre-tax retirement savings, which trigger income taxes whenever a withdrawal is made. A Roth IRA provides after-tax savings that grow tax-free...

If you have been to the gas station lately then you most likely noticed the higher-than-normal cost to fill up your tank. Have you noticed other price increases in your grocery or utility bills? The COVID-19 pandemic required the federal government to provide massive...

Please watch this video to receive an update on the stock market since Russia invaded Ukraine.  Please click on the expand button in the lower right-hand corner of the video (just to the left of the word "Vimeo" to watch it with full...

The largest portion of the United States population is Millennials, at over 72 million people strong, but only 17% of millennials own a home. However, there are a lot of millennials that want to buy a home and, in many cases, that creates a bidding war that increases...

Following a profitable 2021, the year 2022 started out with a thud. Fears about a Russian invasion of Ukraine combined with the Federal Reserve taking their foot off the gas pedal scared the markets. The tech-heavy Nasdaq dropped 8.98%, the Russell 2000 dropped 9.66%,...

Life insurance is a financial solution used to protect against the unexpected loss of life. Life is extremely valuable, both emotionally and financially. There are a lot of concerns that can arise when someone unexpectedly passes away, but life insurance can alleviate...

We believe families are becoming increasingly focused on the need to teach their children about smart money habits. Personal Finance is rarely offered as a high school course, so many individuals enter adulthood without any formal guidance on how to manage their...

In many areas, the year 2021 provided both challenges and opportunities. In our market year-end review, we will highlight some noteworthy developments in the markets and the economy, as well as provide an outlook on what we anticipate for 2022. Interest Rates -...

The draft of the Build Back Better (BBB) bill approved by the House on November 19th has many potential benefits to the middle class, but it also creates tax laws that affect 401K, IRA, and Roth IRA, investors.  It has not been approved by the Senate or signed by...

Do you believe in Christmas miracles? The stock market seems to believe based on the seasonal trend at the turn of the new year. This seasonal event is referred to as the Santa Claus Rally. This term refers to the positive stock market performance observed after the...

You may have heard of the phrase “Emergency Fund” before, but perhaps you don’t know specifically what it meant. This blog will highlight exactly what an emergency fund is, how to create one, and why we believe COVID-19 stressed the importance of being prepared.  An...

Unpacking Recent Stock Market Data Many factors are at play as we look to analyze recent stock market data. For example, in November, the Coronavirus Omicron variant caused a sell-off into month-end as investors were nervous about the travel restrictions and potential...

The infrastructure bill, which President Biden signed into law Monday, is being called a "once-in-a-generation" spending measure. So, what's inside this bill, and what will it cost? Infrastructure is often referred to as the foundation of our country. It includes...

Budgeting is the foundation of every successful financial plan. A budget helps you identify sources of income and expenses, which allows you to manage your cash flow accordingly. The goal of budgeting is to maximize your net cash flow by increasing your income sources...

You may have heard the phrase “Earnings Season” before and may not have known what or when this event takes place. Earnings Season refers to the time of the quarter when publicly traded companies release their financial statements and performance reports. The term...