Your Dashboard for Retirement Planning and Beyond! Hey there, future retiree! As you approach the golden years (and much much earlier), it's so important to put on your financial detective hat and dive into the world of numbers to ensure a smooth sail into retirement. Let's make this journey as friendly as possible by [...]
Erick, are there any tricks to paying down credit card debt? I’d love to put the money in my 401(k) instead! Try the avalanche or snowball method. In each you’ll focus on making extra payments to one debt — while continuing to make the minimum payment on all your other debts. With the avalanche [...]
Knowledge is Retirement Power Thanks to the passage of SECURE Act 2.0 at the end of last year, the age for starting required minimum distributions from your 401(k) has been increased from age 72 to age 73 for individuals who attained age 72 after December 31, 2022. It will increase again, to age 75, [...]
Stock Market Performance After Fed Cuts Rates - Historical Perspective Market-watchers have been intensely focused on the Federal Reserve (Fed) this year. Recently, they’ve mostly opined on when the first rate cut might be coming and, generally, making the assumption that a rate cut would be good for stocks. It could be good, but our analysis [...]
As you approach the year's end, it's so important to consider ALL potential tax strategies to optimize your financial situation. Here are some considerations to guide your decisions: Defer Income to 2024: Consider all opportunities to defer income to 2024, especially if you anticipate being in a lower tax bracket. Ideas: postpone receipt of a [...]
Whether you’re 23 or 35, it’s important to know whether you are saving enough for your retirement. There is no time like the present to ensure you are allocating enough funds to your retirement account. With folks routinely living into their 80s and 90s, it’s more important than ever to ensure your money lasts [...]
India has emerged as a compelling economic growth story and an increasingly attractive alternative to China within the emerging markets complex. A growing population with a robust and young workforce, significant infrastructure spending, and an ongoing digital transformation have been key catalysts to India’s outperformance over China. India has also benefited from the de-globalization [...]
Hold onto your hats, folks, because big tax changes are making their grand entrance! Spoiler Alert: taxes are going up! Guess what? Starting in 2025, prescription drug prices are getting a bit of a makeover. Picture this: a fancy price cap on prescription meds! If you're on Medicare, here's the lowdown: they're proposing a [...]
Hey there, future-focused friends! Let's dive into the wonderful world of estate planning – the ultimate life roadmap to make sure your dreams and wishes are rockin' even after you've left the stage. Okay, I get it, talking about estate planning might not be as exciting as a rollercoaster ride, but trust me, it's [...]
Welcome Ross Allen, Certified Financial Planner (CFP) Plan Manager, LPL Financial In his role as Plan Manager at LPL Financial, Ross supports Virtue Wealth Management where he assists in developing and executing comprehensive financial plans. As a member of the LPL Paraplanning Services team, Ross partners with advisors to deliver financial planning support by [...]
