Our Insights

As the New Year rolls around, now is the perfect time to take stock of your current financial health and set goals for the upcoming year. Financial New Year’s resolutions are a great way to take control of your finances, build wealth, and develop healthier money habits.  Here are the most common financial New Year’s resolutions and tips to help you achieve them.  Save More Money One of the most common financial resolutions is to save more money. Whether it’s

We’ve all heard the recommendation that when it comes to retirement savings, the earlier you start, the better because of the power of compound interest. What if you’re in your 40s, 50s, or even 60s and haven’t started saving for retirement yet? Is it too late to start a retirement fund?  The short answer is no. It’s never too late to start saving for retirement. However, starting later in life may require a different approach. Let’s dive in.  What is

November is National Family Caregiver Month, an opportunity to honor the physical, mental and emotional effort caregivers put into their role every day. When looking after a loved one, it’s important to understand the financial challenges this life milestone can create. Whether by choice or necessity, many caregivers may find themselves retiring early. If you’re exiting the workforce, there are a few things to consider making sure you and your family are supported. How to Plan for Becoming a Caregiver

In today’s digitally connected world, cybersecurity breaches are an ever-present threat. Whether you’re an individual, a small business owner, or part of a large corporation, the impact of a breach can be devastating. Knowing what to do if you become a victim of a cybersecurity breach can help mitigate damage and secure your digital environment. Let’s outline what to do if you fall victim to a cybersecurity breach. Assess the Situation As soon as you suspect a breach, assess the

For many families and individuals, saving for college can be daunting. With the rising costs of tuition, books, and living expenses, it’s no wonder that the prospect of funding higher education can feel overwhelming. However, the belief that it’s too late to start saving is a common misconception. In fact, it’s never too late to begin planning and saving for college, and there are numerous strategies and resources available to help make this goal a reality. The Rising Costs of

Social Security is a cornerstone of financial security for millions of Americans. One of the essential features of Social Security benefits is the annual Cost of Living Adjustment (COLA), which ensures that the purchasing power of benefits keeps up with inflation. Let’s look at how COLA has evolved over the years. The Origins of Social Security COLA Social Security was introduced during the Great Depression, with the Social Security Act signed into law by President Franklin D. Roosevelt in 1935.1

U.S. Markets Investors welcomed the Fed’s decision regarding short-term interest rates, causing stocks to post solid gains in the third quarter. The Dow Jones Industrial Average, which dipped in Q2, picked up 8.21% for the third quarter. The S&P 500 Index rose 5.53% while the tech-heavy Nasdaq Composite gained 2.57% as investors rotated away from technology names in favor of other groups (See Sector Scorecard).1 Small Caps Shine in July Stocks were mixed in July despite economic data that marked

As the holiday season draws near, most people are thinking about their finances over the next few months and budgeting for how they can celebrate the most wonderful time of the year. Which is perfect timing because October is National Financial Planning Month! Let’s use this month to celebrate the importance of proper financial planning and share some tips and tricks on how to get your financial planning in order. Create a Budget The first step in understanding and taking

Estate strategies for the future may be essential, especially when it comes to securing the well-being of your loved ones after you’re gone. Your strategy is not a one-time task but a process that should evolve with you and your family’s needs. Let’s explore why regularly examining your estate strategy and updating it when necessary is key to generational financial well-being.  How Often Should I Update My Estate Strategy?  Many people wonder, “How often should I update my estate strategy?”

Fall is the perfect time to consider your home’s maintenance and renovation needs and is an ideal season to tackle these projects before the winter chill sets in. However, it’s crucial to approach them with a solid financial strategy in mind.  Let’s explore how you can prepare financially for fall home maintenance and renovations.  Assess Your Home’s Needs  Before diving into planning, assess what your home requires. Take a walk around your property, noting any areas that need attention. This