Category: financial planning retirement
Year-End Action Items for Investors 2024
As we approach the final weeks of 2024, there is still time for investors to make important year-end financial adjustments to position for a strong financial finish to 2024. Our annual year-end action items provide ideas and reminders to make the most of your financial plan.
Interest Rate Planning Considerations
Interest rates have become a focal point for investors in the lead-up to the Federal Reserve’s two-day meeting earlier this week. Fed Chair Jerome Powell announced on Wednesday that the Fed will cut the federal funds rate by 0.50%, which marks the first rate reduction since 2020. Interest rates...
Navigating Financial Planning Together with Your Spouse
Married couples tend to divide up household responsibilities in accordance with their strengths and preferences, but when it comes to financial planning, it’s critical that both spouses be involved, knowledgeable, and informed. Communication is key to ensuring that both spouses are financially...
How Assisting Elderly Parents Can Fit Into Your Financial Plan
As U.S. life expectancies increase, our nation’s population is expected to skew increasingly older in the next several decades. A significant number of individuals who are actively working toward their own strategic goals may face challenges as their parents become elderly and require more costly...
How Qualitative Factors Impact Financial Planning
Warren Buffet once wisely observed: “The most important quality for an investor is temperament, not intellect.” Buffet’s astute understanding of the subjective forces that define the investment process reveals a deeper grasp of the underlying psychology of investing and managing wealth. Investing...
End-of-Year Action Items for Investors for 2023
As the end of 2023 approaches, there is still time to make impactful decisions to position your savings strategy for success. Taking a few important steps in December can help to maximize your goals for 2023 and ensure that you’re entering the New Year ready to make the most of your financial plan.
How to Make a Big Impact Locally with Year-End Charitable Giving
As seen in The Savannah Morning News on 11/21/2023. American billionaire, investor and philanthropist Warren Buffet once observed: “If you’re in the luckiest one percent of humanity, you owe it to the rest of humanity to think about the other 99%.” If you’re fortunate to be in a position to donate...
Managing Risk
Since the birth of our nation, risk has been a fundamental component of our free market system. As fiduciary advisors, helping our clients prudently manage risks is a key part of our responsibility. The process of evaluating and managing risk is not a simple task, however, and over time various...
Strategic Options for Education Savings
One of the best gifts you can give your children or your grandchildren is to plan ahead to help reduce their student debt burden in college and beyond. Nearly 44 million Americans have student loans valued at more than $1.57 trillion, as of August 31, 2023, according to the New York Federal...
Nurturing Financial Responsibility
In a world where financial literacy and responsible money management skills are becoming increasingly vital, many families and individuals understand the importance of safeguarding assets which have been diligently saved and invested over a lifetime. As you consider your legacy, one question may...