Helping pave the way towards financial freedom
Following a year of economic instability, it appears that many of us are turning our attention to something that’s been around for decades, but has recently piqued national interest – inflation. In fact, a recent study found that people are Googling the word “inflation” at a rapid rate, with a peak not seen since 2008….
Will we see higher taxes – as soon as 2022? More spending = higher taxes, right? That seems likely with a $2 trillion American Jobs Plan (that could eventually cost trillions more) on the table to bolster America’s crumbling infrastructure and invest in R&D. What could those tax hikes look like? Let’s consider the possibilities….
For those of you who tend to focus on the performance of your investments, this should be a great time to review your accounts! Specifically, the past one-year has been tremendous for most investments and asset classes. It’s hard to find stocks that have not appreciated from last March until this March, mainly since the…
More than half of Americans, participate in their company’s retirement plan. As of 2019, this equates to more than 77 million people. One of these people (a client of mine), recently asked if it was smart to use their 401(k) as a loan option. More specifically, it was a case where the options were: pay…
How much longer will you enjoy the tax benefits from the 2017 Tax Cuts and Jobs Act (TCJA) and the 2019 SECURE Act? It’s anyone’s guess, and it’s critical to squeeze out as much upside as possible before the new Biden administration raises taxes for high-net-worth taxpayers as planned. Without careful planning, the current tax…
My post today was inspired by some recent conversations with clients about using an appropriate time horizon for their retirement plan. With financial planning, we often have to input certain data assumptions into a software program. Amongst the assumptions are the expected age my clients will live. This not an easy discussion to have, and…
A question I got recently: “Why has GameStop, a company that sells video games and posted three straight years of losses, getting so much media attention these days?” Here’s a quick guide to the market frenzy you’re seeing in the headlines. (Disclaimer, it’s a little complicated.) What is GameStop and why does everyone care? GameStop…
2020 will be a year we will never forget. From a global pandemic and civil unrest to an economic downfall that we continue to battle through today. Last year was a challenging time that has impacted millions of individuals around the world. For investors, I think it’s critical we revisit some lessons learned to better…
I get it. Being a single parent is tough! I don’t know from experience, but I know that parenting in general – is tough. I work with a number of single parents, and I relate to their struggles. Tack on the disruption of a global pandemic, and everything that goes along with that (home school,…
Whew – that was fun right? Well, maybe not that fun. The roller coaster ride, otherwise known as the Year 2020, was quite a doozy. This time of the year always leads us to review and reflect on what just took place, and I always review portfolios to see if we make changes. We should…