A financial plan isn’t something you set and forget. It’s a tool that should evolve—especially when life throws you a curveball. A new year is the perfect time to ask: Has my life changed in ways my financial plan doesn’t yet reflect? If the answer is yes—or even maybe—let’s have a conversation. We’re here to help you align your plan with where life is headed, not just where it’s been.
Did you know the average American changes jobs about 12 times during their career?* With each new opportunity often comes a new 401(k), and it’s easy for those old accounts to be forgotten or left unmanaged.
The IRS has released the 2025 retirement plan limits, and as always, change is a constant in retirement planning. Staying on top of these updates is essential to make the most of your retirement savings.
One of the most important decisions you'll make as you approach retirement is when to start collecting Social Security benefits. While you can begin as early as age 62, waiting until a later age to claim your benefits can provide significant financial advantages.
As markets go up and as markets go down, your retirement savings likely needs to be adjusted i.e. rebalanced, for the changing times. Recently we have experience a nearly 45% rally in stocks over the last 18 months (S&P 500 12/31/22-6/30/24), if you have not rebalanced your 401k, you are likely overweight stocks to your intended allocation and may be unintentionally risking more of your hard earned savings that intended.
This month's newsletter explores a unique perspective on Social Security income payments—viewing them as an investment portfolio paying a steady 5% interest. Understanding this concept can help you make informed decisions about your retirement planning and financial security.