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Setting financial and investment goalsSetting goals is an important part of life in general and financial planning in particular. Investing without knowing what you're trying to achieve is like trying to drive across country without a...

You’ve worked hard for decades, and now you finally have the freedom to choose how you spend your days. Retirement marks the start of a new chapter. One that can be just as fulfilling and purposeful as the career you’ve left behind.But...

The current generation of retirees faces a greater risk of running out of money during retirement than any previous generation.Most retirees estimate they will spend less after retirement, but that is not always the case. Some expenses...

Winter is in full gear which means the surge in energy bills is inevitable. The cost of heating your home can eat up your savings before spring arrives. Keep your finances intact through winter with these practical energy-saving...

By one estimate, a 65-year-old couple who retire in 2019 may need about $300,000 in savings to pay their health-care expenses in retirement. This includes premiums for Medicare Parts B and D, supplemental (Medigap) insurance, and...

5 Mistakes HNWIs Make in RetirementThe path to retirement for high net-worth individuals (HNWIs) is complex, from navigating taxes, inflation erosion, succession planning, investment expertise, and maintaining their lavish lifestyle...

Self-employment is the opportunity to be your own boss, to come and go as you please, and oh yes, to establish a lifelong bond with your accountant. If you're self-employed, you'll need to pay your own FICA taxes and take charge of...

We often hear the phrase "financial freedom" thrown around. It sounds appealing, but what does it actually mean to the average working American? Is it about having a yacht, never looking at a price tag, or something more...

Investing in Collectibles as an Alternative AssetImagine stumbling upon a dusty painting in your attic, only to discover it's a lost masterpiece worth a fortune. Or perhaps the carefully preserved vintage baseball card you inherited...

The traditional image of retirement often involves a clear-cut path: work for X years, retire at age Y, and live comfortably on a pension and Social Security. While appealing, this retirement picture is rapidly changing. Today, the...

Have your resolutions for the new year taken shape yet? The new year always inspires deep reflection. While aspirations for personal growth and career strides often take the spotlight, it’s crucial not to overlook your financial...

The holiday season is one of the most joyful and stressful times of the year. For those who love entertaining, it’s easy to get caught up in visions of extravagant dinners, picture-perfect décor, and endless to-do lists. But often,...

A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful, and all investing involves risk, including the possible loss of principal, here are six basic...

Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached. It's also financial planning....

If you care about what happens to your money, home, and other property after you die, you need to do some estate planning. There are many tools you can use to achieve your estate planning goals, but a will is probably the most vital....

By now, you’ve already heard of ChatGPT and Google Bard by reading various online articles, seeing reports on the news and in general conversations with colleagues. Both inventions are essentially Artificial Intelligence (AI)...

When developing a succession plan for your business, you must make many decisions. Should you sell your business or give it away? Should you structure your plan to go into effect during your lifetime or at your death? Should you...

A basic principle for retirement planning is: It’s never too early to start. That said, there is no reason to be intimidated when thinking about saving for the future. Start at the Beginning Before planning for retirement, take an...

After a brief hiatus in 2020 thanks to the CARES Act (which waived required minimum distributions or RMDs for that year), RMDs are once again required, but the landscape has changed. The SECURE Act and its successor, SECURE 2.0,...

We’re all striving for financial independence in an effort to pave the way for financial security, greater flexibility, and overall peace of mind. Maybe you’re planning to establish an emergency fund to avoid dipping into savings,...

Leaving the business you have worked so hard to nurture is inevitable. To best preserve the value you have created, it’s critical that you have a written strategy for you, your family, and your employees to help assure that when you’re...

Estate planning is an integral component of any good financial plan. Without this planning, you can leave your loved ones without the resources they need to take care of themselves or their family in case something unexpected happens...

We’ll let you count the number of ways there are to teach your kids about money. A lot, it turns out – books, videos, podcasts, debit cards, school programs, and even pay to play. Beyond an Allowance Our society has gone far beyond...

As summer draws to a close, it’s time to switch gears from leisurely vacations to focusing on education. Whether you’re a student, parent, or teacher, this exciting period requires thoughtful organization and preparation. Avoid the...

Picture Do you picture yourself owning a new home, starting a business, or retiring comfortably? These are a few of the financial goals that may be important to you, and each comes with a price tag attached. That's where financial...

Retirement planning can be daunting, especially as you near retirement age. Questions, like how you’ll manage this major life transition, how you’ll spend your time and money, and if you’ll continue working, can be overwhelming. While...

We all have causes that stir our hearts, issues that ignite a desire for change. Often, our generosity manifests as a check, a contribution made with good intentions. But what if our giving could transcend a single transaction, and...