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Tuesday, April 9, 2024

Interest rates rose throughout most of 2023, but then dropped significantly in November and December. At the end of the 2023, the 10-year US Treasury was quoted at a 3.85% yield, and most economists and market professionals were...

Friday, February 23, 2024

The average American worker will change jobs more than once in their lifetime. While there are multiple options such as leaving your 401(k) in your former plan if allowed, cashing out the account balance, or transferring the 401(k),...

Tuesday, January 23, 2024

Tax planning might be complex, but it's also essential—especially for high-net-worth families, where missing tax breaks or failing to optimize income could cost significant dollars, maybe millions, over a lifetime. And even in...

Saturday, December 30, 2023

Asset management and financial wellness can help develop long-term confidence when wealth transfers from generation to generation. Understanding and implementing financial wellness techniques is essential for effectively sharing wealth...

Thursday, December 21, 2023

It finally happened! We have been preaching patience looking for a peak in interest rates for the last 6 months. The Federal Reserve paused and did not raise rates in September. On October 19th, the 10 year treasury bond peaked at 4.99...

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Wednesday, December 13, 2023

In 2024, LPL Research believes markets will make a definitive turn to a more recognizable place. En route, the transition will be marked by meaningful shifts in a few key areas. Inflation is going down. The risk of a recession is...

Friday, November 3, 2023

Charity and philanthropy are two terms related to giving that are often used interchangeably, even though they differ. While the difference is subtle, it is essential to understand the differences between charity and philanthropy in...

Friday, October 27, 2023

As we approach the last quarter of each year, it is a good time to plan for the next one. Year-end planning is especially important for existing retirees and those hoping to retire in the next few years. There are tax and income...

Friday, October 13, 2023

If you or a loved one are approaching the point of needing elder care, you may be wondering what your options are. What level of care is right for your situation? How will you pay for care? What will happen when you need a more...

Wednesday, September 27, 2023

Now is an excellent time to start evaluating your current financial situation, determining your future goals and expectations, and working toward pursuing them. If you need help pulling together a plan for your finances, a financial...

Wednesday, September 27, 2023

So, what has happened this year, and where are we headed? It’s been an interesting year. Interest rates have continued to move higher on the long end, but the short end has kind of peaked at 5.5%. The end to Fed rate hikes seems...

Thursday, September 14, 2023

A recent survey by Caring.com found that a whopping two in three American adults do not have an estate plan1—an alarming statistic, considering that an estate plan can protect your assets and ensure that they go to the right...

Wednesday, August 23, 2023

Matching your tolerance for risk with your investment objectives Everyone wants a comfortable retirement, but the road you take there will depend on your specific situation. When you invest, you assume a certain level of risk (but like...

Wednesday, August 9, 2023

Financial education is constantly evolving. As investments, financial priorities, and the economy change, so do financial strategies and plans. To stay on top of your retirement and ensure that you are on your way toward your financial...

Thursday, August 3, 2023

Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic rules can help you make smarter choices regardless of whether you...

Friday, July 14, 2023

Our 2023 investing outlook started with a theme of returning to normalcy. Considering 2022’s market volatility and the aftereffects of the pandemic, the idea of finding balance was certainly a welcomed change. It’s a theme...

Wednesday, June 28, 2023

Your finances are probably one of the last places you want to experience fireworks—unless they are celebratory. With new year's resolutions firmly in the rearview mirror, the summer months allow you to revisit your financial...

Friday, June 23, 2023

Whether you are expecting your first child or have been a parent for years, finances and building a future for your family go hand-in-hand. Luckily, there are money moves you can make now to help manage financial stress, support...

Tuesday, June 6, 2023

Having enough retirement income is a top concern for many Americans nearing or in retirement. Even though they may have saved consistently throughout the working years, they may be concerned that their retirement plans will succeed. A...

Wednesday, May 24, 2023

It’s almost mid year 2023- What’s going on in the financial world?We could always argue there is a lot going on in the financial world, but I think right now everything boils down to this:Interest rates have gone from near...

Tuesday, May 16, 2023

After spending so much of your life saving for retirement, it may be challenging to transition from depositing funds to withdrawing them. You may wonder whether there is any way to maintain your lifestyle and preserve your wealth to...

Friday, May 5, 2023

The thought of retiring may be intimidating for anyone—but if you own your own business, handing your "baby" to new owners might be enough to stop you in your tracks. What might you do to set your successor up for success? What...

Monday, April 24, 2023

When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of...

Wednesday, April 5, 2023

As you age, the question of when to collect Social Security (SS) retirement benefits will likely come to mind. There is no one size fits all age; your unique circumstances and goals will dictate the appropriate time for you to take...

Wednesday, March 15, 2023

Spring can be a fantastic time to refresh your retirement plan and savings habits. With 2023 bringing increased limits for 401(k)s, individual retirement accounts (IRAs), Health Savings Accounts (HSAs), and other tax-advantaged...

Monday, March 13, 2023

Silicon Valley Bank collapses! What just happened and what will happen next? In 2 days, the 180 billion dollar asset bank Silicon Valley Bank collapsed. They couldn’t meet depositor requests, and they were taken over by...

Friday, February 24, 2023

One of the more important—and hopefully enjoyable—events you will face in life is retirement. After spending many years building your career, you have likely accumulated a comfortable nest egg. If you have reached a point...

Friday, February 17, 2023

A surprising two out of every three American adults do not have any kind of written estate plan.1 For adults who also serve as family caregivers, not having a plan in place can pose major risks for them and their entire...

Tuesday, January 31, 2023

While you never know your needs as you age, the first step is thinking about your financial situation and health today so you can plan for your later years. With a one in four chance of making it to our 90th birthday, being independent...

Monday, January 16, 2023

Regardless of whether you prepare your taxes yourself or use a professional's services, it's a good idea to gather the information and documentation you need well in advance of your actual tax filing date. Below, we've listed some key...

Friday, January 6, 2023

I intentionally waited until the year closed to write my recap and thoughts going forward. I guess you can’t write the recap of a sporting event until you know who wins. Then the story lines practically write themselves...

Friday, December 16, 2022

Through all the challenges, newfound opportunities, and every high and low we’ve experienced during the last couple of years, it’s no surprise why we might be striving for more balance. Whether it’s about the markets...

Tuesday, November 29, 2022

Free File, VITA and TCE are great offerings to know aboutLots of people find free tax preparation an excellent way to file. Here’s what to know before your return comes due in April.Be Careful of “Free” OffersQuite a...

Friday, November 11, 2022

Bear markets are painful, but they are also part of the investment process Bull markets happen. Bear markets happen. Just stick to your financial plan, and stay calm and disciplined. When the market sours or slumps, don’t believe...

Thursday, November 3, 2022

 The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 changed the rules for taking distributions from retirement accounts inherited after 2019. The so-called 10-year rule generally requires inherited...

Wednesday, October 19, 2022

Thoughts from a financial professionalYou have worked hard to build up your assets and you’re probably wondering: what happens to my savings if I’m affected by a long-term care event? It’s a topic that is worth...

Tuesday, October 11, 2022

As we approach the end of the year, you may want to review areas that may impact your wealth and estate planning next year. In this year-end planning guide, we examine four critical areas to consider that may affect your finances:...

Monday, September 26, 2022

On September 21, the Federal Reserve raised short term interest rates another 75 basis points, the third consecutive 75 basis point increase in the last 3 meetings. The rate increases are unprecedented in history and represent their...

Tuesday, September 13, 2022

As you near age 65, you may start to think about Medicare. How do you sort through your coverage options? When (and how) do you enroll? And what if you have other health insurance? Here is some information to help you when it's time to...

Wednesday, August 10, 2022

In golf, as in finances, there are a few rules of thumb that may improve your game: keep a level head, avoid traps, practice before trying something new and stay the course. Applying lessons from the golf course to your financial life...

Friday, August 5, 2022

Understanding how markets have reacted to previous Fed-hiking cyclesAt their recent March meeting, the Federal Reserve moved its fed funds target rate from near zero to a range of 0.25% to 0.50%. It was the first rate hike since 2018...

Monday, July 18, 2022

Asset prices have continued to fall through mid-July. Inflation prints have continued to be higher than expected although if you look around, you can really see falling prices in a lot of places. The only two places where prices are...

Tuesday, July 12, 2022

Markets are always forward looking, so it’s important to remain focused on what lies ahead. There will most certainly be challenges, but there are also some tailwinds from a strong job market, still resilient businesses, and the...

Wednesday, June 22, 2022

Wow. Markets recovered through the end of May and, so far in June, have revisited the lows for the year in all asset categories[i]. We were hoping for stability and we got more pain.It is clearly during times like this that we need to...

Friday, June 10, 2022

The inflation/interest rate cycle at a glanceWhen prices rise, bondholders worry that the interest they're paid won't buy as much.In an effort to control inflation, the Federal Reserve may raise interest rates to encourage investors to...

Tuesday, June 7, 2022

It appears that mid-May marked a pretty distinct low in assets prices, and the last 2-3 weeks have seen a comeback in stocks, taxable bonds, and muni bonds. The SP 500 bottomed in the 3900 area and has risen to the 4150 area as of...

Saturday, May 14, 2022

For the year to date 2022, investors have endured the biggest investment losses since March 2020 and the 2008-2009 financial crisis. The depth of the losses in every asset class has been brought on from unsustainably high valuations in...

Wednesday, April 20, 2022

After dropping the benchmark federal funds rate to a rock-bottom range of 0%–0.25% early in the pandemic, the Federal Open Market Committee has begun raising the rate toward more typical historical levels in response to high...

Wednesday, April 20, 2022

March 9, 2009 – the market closed at its lowest level since 1996 and then… You probably are not aware that March 9, 2022 marks the 13th anniversary of what many call “The End of the Lost Decade” for the stock...

Monday, April 18, 2022

Social Security Retirement benefits are one thing that people know of, but often what they know isn't always accurate. First, the Social Security Trust Fund was created in 1939 as part of Old Age and Survivors Insurance by the Social...

Friday, April 8, 2022

“Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.” - Sir John Templeton According to the guidance of revered investor Sir John Templeton, it appears to us that this market...

Monday, March 21, 2022

When people are leaving their employer, one of the decisions they need to make is what to do with their 401(k). A retirement plan participant typically has four options (and may engage in a combination of these options), each choice...

Wednesday, February 23, 2022

The first 60 days of 2022 have shown significant changes in many asset classes as reactions to The Fed's announcement of raising interest rates as an attempt to curb inflation. While we wait to see if the U.S. inflation rate may be close...

Thursday, February 17, 2022

RMD Tables are changing to keep up with The SECURE Act of 2019. Under The SECURE Act, if you turned age 70 1/2 in 2019, you would've been required to take your first RMD by April 1, 2020. If you turned age 70 1/2 in 2020 or later, you...

Thursday, February 3, 2022

The calendar had barely flipped to 2022 and investors were reminded that even attractive long-term stock returns come with a cost: volatility. The S&P 500 Index fell nearly 10% from January 3 through January 27 amid fears that the...

Wednesday, January 12, 2022

With inflation on the rise, the IRS increased the 2022 contribution limits for some retirement accounts. Although a 2021 Congressional report found that only about 8.5% of defined benefit plan participants and 4.7% of individual...

Sunday, January 2, 2022

Getting ready for retirement is both exciting and daunting. While you are likely looking forward to the enjoyment and relaxation that retirement may bring, you are also cautious about ensuring you have enough money to be able to retire...

Thursday, December 9, 2021

Our resurgent economy grew at over a 6% pace in the first half of the year and is on track for over 5% growth for the year when 2021 draws to a close. The current economic recovery, which started in May 2020, has benefited from...

Wednesday, December 1, 2021

Not knowing what Congress will do should not stop you from planning. One variable that is hard to plan for in retirement is taxes. There are steps you can take, though, despite the uncertain tax landscape. We don’t even know what...

Wednesday, November 3, 2021

For some, 2021 has flown by—and as we approach the last quarter of the year, it's a good time to begin planning for the next one. Year-end planning is especially important for retirees and those hoping to retire in 2021 or 2022....

Monday, November 1, 2021

On Saturday, September 25, 2021, the House Budget Committee voted to advance a $3.5 trillion spending package to the House floor for debate. The House Ways and Means Committee and the Joint Committee on Taxation had previously released...

Wednesday, October 13, 2021

For many who are decades away from leaving the workforce, retirement may seem like an abstract concept. But once you've entered your late fifties—like the youngest Baby Boomers, turning 57 in 2021—retirement may begin to...

Monday, October 11, 2021

One constant in life is change. During the past year and a half, we have experienced more change than any of us bargained for. Change is disruptive—but also brings opportunities. For investors right now, there is no shortage of...

Friday, September 10, 2021

For investors approaching retirement, it is important to begin thinking about retirement income planning. This involves a mindset shift from accumulating an investment portfolio designed for growth to creating a portfolio of retirement...

Tuesday, August 31, 2021

It is human nature to seek advice when things aren't going well or when an unforeseen event occurs. Often, people seek financial advice from a professional only when the stock market and their investments are experiencing turbulent...