We have been alerted that there is an active phishing text campaign in which clients receive a text message from an international number and it mentions a disbursement from the client's account. It then asks to click on a link to log into their account to...
We use a few pieces of powerful financial planning and investment management software. These tools help us keep track of dozens of factors about your financial life, chart a course forward and analyze whether you’re on track to meet your goals. The hub for everything...
Recently we have had several clients ask what they should do with their extra cash. This may be cash that is set aside for a short-term goal (1-3 years) or it could just be cash that has accumulated in the bank. While we make different...
If your auto and homeowner’s insurance premiums have risen significantly this year, you are not alone. Auto rates in particular have jumped significantly and unfortunately, premiums are expected to continue to rise. The Wall Street Journal recently reported rate increases for selected insurers and showed...
We noted in our Q1 newsletter that the broad-based rally we were seeing in the most economically sensitive stocks had caused us to get more bullish on the stock market at the beginning of the year. That has proven to be the right call thus...
The short answer is probably, and the good news is no one pays taxes on 100% of their benefit. Many people are surprised to find out that their monthly Social Security income is not tax-free. Most Americans pay federal taxes on their benefits, and some...
Banks have been a hot topic this quarter. There has been negative news about bank failures, but also positive news like high rates available on CDs and savings accounts. We have received questions from clients about the safety of cash deposits in the last couple...
At age 65 if you do not have additional health insurance options through an employer or a spouse’s employer you will likely enroll in Medicare Part B. Part B covers “medical” expenses like doctors visits and outpatient care. There is a monthly premium associated with...
Social Security seems simple on the surface. People work, pay social security tax, and then get a monthly benefit when they retire. For some people, it is that simple, but Social Security has some interesting quirks. Here are the 6 unique or interesting things about...
We have received several questions from clients recently regarding alternatives to holding cash in a savings account. This is a good question to ask given the interest rates offered on savings and the current inflation rate, which just hit a 31-year high. People are rightly...