Thanks to recent inflation the IRS has increased the contribution limits for some types of retirement accounts. Unfortunately, the IRA limits did not increase, but anyone with a 401(k) will be able to contribute more in salary deferrals and Health Savings Account (HSA) limits are...
Men and women approach finance differently. For all the progress that we have made, women are still uncomfortable talking about money. Although we often have candid discussions with friends about a variety of personal topics, finance is not one of them. A lack of confidence...
Living in the Lowcountry, we frequently encounter clients and friends with multiple homes across different states. Although this allows one to enjoy the best of both worlds – a home up north and a beach house in the south – it can lead to estate...
COVID-19 has renewed the awareness of our mortality and our need for life insurance. However, currently, only about 52% of Americans carry life insurance and about half of those are underinsured by $200,000 or more. * Whether you are young or old, wealthy...
I am going to a wedding this fall. While the gift registry is full of wonderful ideas from honeymoon horse rides on the beach to couple’s massages, I am wondering if there is a more meaningful gift that I could give this young couple...
I recently started on a 21-day fitness/diet plan to tone up after COVID. In general, people seemed to react in one of two ways to the pandemic. One group used this time to diet and exercise and get into shape. The other...
Depending on your view of risk, margin can either be the greatest tool in the world or something to be avoided at all costs. To understand margin better, let’s begin with the basics. In finance, buying on margin is borrowing from the brokerage firm...
A sudden change in wealth can be a good thing. We all fantasize about winning the lottery, inheriting wealth from a long-lost relative, settling a lawsuit, or striking it rich with a start-up company. However, as we know from tragic stories in the news, many...
We often develop relationships with professionals who are like us. They may live in our town, go to our church or country club, and have children of the same age. It follows then that when the time comes that you are entering retirement,...
We created this guide for both new and existing clients. It explains each section of our quarterly reports, defines commonly misunderstood terms, and highlights the sections we believe best illustrate your investment performance. We have created a sample report with hypothetical accounts and securities that...