Social Security benefits are an important component of any retirement plan. The decision of when to claim Social Security benefits should be based on your individual circumstances.
The decision to move or renovate depends on a multitude of factors. Consulting with experts such as real estate professionals, mortgage brokers and financial professionals can provide valuable guidance in choosing your path forward.
To personalize your legacy, take a step forward with your estate planning, adopting an attitude of contemplation as you mentally meander through what you want and what you don’t want.
Many things can affect the “right” amount of cash to have on hand. In our conversations with clients, we compare it to financial decisions involving a trade-off between security, risk, and return.
Good tax planning does not simply mean minimizing your tax bill every year. A broader view allows you to better balance tax considerations with other priorities in your life.
Being power of attorney for someone is a fiduciary responsibility, and it’s not one we should agree to lightly. We agree to serve because it means taking care of someone we love when they can no longer care for themselves.
Naming a good power of attorney and sharing your wishes, values, and financials with them will ease the transition into sharing control of critical aspects of your life and provide peace of mind.
At its core, cash flow planning is about helping us make better decisions. It involves organizing our financial life into something comprehensible and then looking into the future to understand the range of potential outcomes.
For employees with access to a pension plan, there is a choice between managing their own pension assets for maximum flexibility or delegating responsibility to their employer for maximum certainty.
Plans rarely come with a guaranteed outcome. However, the process of planning reduces uncertainty and increases the likelihood that you will arrive at an outcome that aligns with your values and priorities.
There are four primary avenues to paying for college: scholarships, student loans, work-study, and savings. Many families' college cash flow plans include several of these options, and each has different lessons for parents and children.
A successful transition to retirement must express your values. Understanding the motivation behind your decision, and being prepared for how you will spend your time post-retirement, are key steps to achieving a fulfilling retirement.
July is the new April! At least as it applies to tax filings and deadlines. Among the many changes that coronavirus has brought, one is the extension of a variety of tax filing and payment deadlines for 2019 and 2020.