Retirement Planning: Using Non-Taxed Assets to Keep the Taxman at Bay
You want to stretch your retirement nest egg as far as possible and to do that, you need to think of the taxman during the accumulation phase. How taxes play a role in retirement spending One thing is clear: the more taxes you have to pay in retirement, the more assets you have to accumulate before […]
Navigating the COVID-19 Crisis Webinar – Recording Now Available
Last week our Chief Investment Officer, Jordan Kahn, CFA®, provided an in-depth look at the market, as well as an overview of our investment management strategy during the current crisis. Click here to listen to the full webinar recording on our YouTube channel. Key Topics Included: Data points to keep in mind Are we in a bear market? […]
Social Security: Can I Collect Benefits As An Ex-Spouse?
Most conversations about Social Security today focus on whether or not “it will be there” when you retire. Or, among beneficiaries, if payments shouldn’t go up faster than they do each year, compared with inflation. What conversations aren’t about is what a godsend these monthly automatic bank deposits are as part of people’s retirement income. […]
Emergency Prep: Maybe Emergency Food Supplies Aren’t So Silly After All
Say “emergency food supplies,” and we immediately think of doomsday preppers. People with bug-out bags so there’s an escape path from encroaching danger. Or hidden stockpiles of food and weapons in the case of Armageddon. But 2020 has shown us that no one is exempt from needing to prepare for an emergency. And in this […]
Financial Advisors Part 2: What You Need to Know
How are financial advisors paid? How financial consulting companies charge can seem confusing, as it’s multi-layered. It’s one area where you will want to get complete clarity. The fee structure An advisor’s fee structure can be fee-only, fee-based, or commission only. The structure you choose matters. As the name implies, a fee-only advisor receives no commissions on […]
Managing Your Budget During Uncertain Times
We are living in unprecedented times. Many Americans are currently feeling uncertain because of the coronavirus pandemic and managing finances during uncertain times can be quite challenging. Markets can be volatile and a continuing stream of breaking news (often negative) can leave you feeling like you have no good options left when it comes to […]
CARES Act Update
The recently passed Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act, has introduced many provisions that clients should consider. Below, we have highlighted one section of the act that outlines the potential benefits and resources clients can utilize when considering their retirement accounts. RMD’s are suspended for 2020 Required minimum distributions will not be […]
Financial Advisors: How to Pick the Perfect One for You
As exciting as it sounds to say, “I just got off the phone with my financial advisor,” it doesn’t always make sense to have one. But then, sometimes it makes all the sense in the world. Let’s see which is which. When Don’t I Need a Financial Advisor? It doesn’t make sense if you’re in […]
Steps You Should Take to Avoid Financial and Identity Theft Online
Today’s consumer almost certainly has some financial information online. Even if you don’t shop online or use your phone to check your bank balance, there is personal identifying information (PII) and financial information online for almost every U.S. citizen. To make sure you’re keeping all of your information safe to prevent identity theft or financial […]
An Interview with Alyssa Phillips, COO of HCR Wealth Advisors
Q: For those who haven’t heard of it, what is the best way to describe HCR Wealth Advisors? A: Your life is a collection of important moments. It is in these moments where you stake your claim, create your identity, and dictate your future. These times of transition are often tied to an important financial decision, […]