Wealth Wednesday

Welcome to the second part of our seven-part series on the keys to retirement success! Last time, we discussed the importance of cash flow in retirement. Today, we’re diving into a crucial aspect of planning for retirement: managing income taxes. Taxes are a fact of life, but with the right strategy, you can reduce their impact on your retirement savings. Let’s break down how you can plan effectively to manage taxes and keep more of your hard-earned money.

We all face a difficult reality in our lives. At some point, either you or your spouse will pass away. This event creates an emotional wave. In addition, those feelings can be complicated by financial issues. Today we are going to talk about 5 things you need to consider when your spouse dies

When it comes to investing, emotions can be our worst enemy. Feelings of fear and greed can override rational thought and lead to poor choices. Make enough of those, and it can have a significant impact on your real-life return. As we head into the second half of the year, it’s time to hit the pause button on the noise and reflect on what really matters when it comes to stocks.

Catch the replay of our live show from July 3rd. We discuss: Stocks and bonds year-to-date, the impact of the Magnificent 7, market valuations, the importance of longer-term holdings, Expectations for a correction, and what we see going forward.

AI – Artificial intelligence. It is the new frontier of technology and could revolutionize every industry. This also includes the world of personal finance. It’s intriguing, exciting, and downright scary. Today, we dig in.

In this video, we talk about what is happening in the investment world, the impact of the Magnificent 7, the changes made to our bond holdings, the concept of rebalancing expecting a correction in stocks, and whether higher interest rates are good or bad.

Who wants to be a millionaire? Fidelity released their annual study and the number of 401k millionaires increased by 11.5% in 2023. What does it take to get there? We will share some insights from their data and translate that into how it can help you eventually become a 401k millionaire.

As much as financial planners like us want to think that number crunching is the key to creating a successful retirement, it likely has more to do with your mindset than anything else. Today we share three key traits that can lead to better outcomes.