The subject of inflation has dominated the recent economic news. After a decade of low inflation rates averaging around 2%, the core inflation rate has soared in recent months. Inflation jumped from 2.6% in March… Read More
How to Send Your Kids to College Debt-Free
Students and families in the U.S. now owe more than $1.7 trillion in student loan debt, making this the second highest consumer debt category, trailing only mortgage debt. Student loan debt is now higher than… Read More
How the IRMAA Could Increase Your Medicare Premiums — and What You Can Do to Avoid This
One assumption some people have about retiree healthcare expenses is that when they turn 65 and become eligible for Medicare, their health insurance will be a low rate that doesn’t change. While it’s true that… Read More
What to Watch for During the Presidential Transition
The Economy and Markets What to Watch for During the Presidential Transition After a long and often bitter campaign, it appears more and more likely that Joe Biden will be sworn in as the 46th… Read More
Designing Your Retirement Paycheck & Decreasing Your Stress
Not receiving a salary can be one of the most daunting transitions to make in retiring. Here’s how you can design your own retirement paycheck and reduce your stress.
Rainy Days and an Emergency Reserve – Funding for the Unexpected
One of the most common questions we get from clients is how to handle an emergency reserve. If clients have an emergency reserve, questions typically center around how much they need and how it should… Read More
Thinking About Risk
When it comes to our own personal financial plans, we tend to think of risk as a bad thing. You avoid things that are risky, and the safer a plan is, the better. But risk… Read More
Holding the Line on Holiday Spending
One of the primary reasons I wanted to put a budget in place was for Christmas. After the fifth delivery on December 23rd, I realized we had a problem – or at least I had… Read More
Putting Together A Personal Financial Calendar: Month-by-Month Recommendations
If there is one date – one financial deadline – nearly everyone knows, it is April 15th. Through November of last year, the IRS had processed over 150 million returns for 2016, meaning that the… Read More
Enough is Enough: How to Plan for Sustainable Spending
Several years ago, my wife and I sat down to work on a budget. Our goal wasn’t to reduce spending so much as it was to plan our spending. We had recently purchased a house… Read More