Is Your Retirement Plan Based on Numbers, or Your Actual Life Vision?
When most people think about retirement planning, they start with a calculator. How much do I need to save? What's my magic number? Will $1 million be enough? But recent research indicates that 92% of retirees report being satisfied with their retirement, even though many worry they didn't save enough. This suggests that happiness in retirement might have less to do with hitting a specific dollar amount and more to...
Small Business Retirement Plans: Choosing the Right Strategy for Your Company
Small business owners often find themselves so focused on growing their companies that retirement planning takes a back seat. But here's something that might change your perspective: offering the right retirement plan can actually help your business grow while reducing your tax burden. With more than 40% of small employers not offering retirement benefits and SECURE 2.0 creating new tax incentives worth up to $5,000 annually, there's never been a...
How Recent Tax Law Changes Could Impact Retirees and Pre-Retirees
Big changes are coming to the tax world at the end of 2025, and they might affect your retirement plans in major ways. If you're already retired or planning to retire in the next few years, these changes could impact how much money you get to keep and how much goes to Uncle Sam. The tax laws we've been using since 2017, called the Tax Cuts and Jobs Act (TCJA), are...
Essential Estate Planning Documents: What You Need to Get Started
Thinking about estate planning might seem complex, but at its heart, it’s simply about making sure your wishes regarding your assets and healthcare are known and followed, especially if you can no longer speak for yourself. It’s a fundamental part of sound financial planning for everyone, regardless of age or wealth, providing clarity and support for your loved ones during difficult times. Getting started involves understanding a few key documents. Key...