Posts by Richmond Brothers
“Magic” Retirement Number? [Richmond Refreshers]
How much do you need for a comfortable retirement? Let us know how you feel about these “magic” numbers in the comments below! Sources: 1. https://news.northwesternmutual.com/2024-04-02-Americans-Believe-They-Will-Need-1-46-Million-to-Retire-Comfortably-According-to-Northwestern-Mutual-2024-Planning-Progress-Study 2. https://news.northwesternmutual.com/2023-06-22-Americans-Believe-They-Will-Need-1-27-Million-to-Retire-Comfortably,-According-to-Northwestern-Mutual-Planning-Progress-Study 3. https://www.fidelity.com/viewpoints/retirement/how-much-do-i-need-to-retire…
Read MoreNavigating Healthcare Taxes
As you approach retirement, it’s important to be aware of potential taxes that could affect your healthcarecosts, particularly if your income exceeds certain thresholds. Under The Affordable Care Act, individuals…
Read MoreA New Year’s Perspective on Market Trends and Opportunities [Matt’s Minutes January 2025]
Matt Curfman, CFP®, CEO & Co-Owner of Richmond Brothers, discusses the significant developments of 2024 and what Richmond Brothers is anticipating for the new year ahead. What does Richmond Brothers…
Read MoreNew Year’s Resolutions
Improving one’s financial health is often somewhere on the list of New Year’s resolutions, as many look toward 2025 with hopes of starting fresh. As you resolve to stick to…
Read MoreHow Will Tax Rates Change After December 2025? [Matt’s Minutes December 2024]
Matt Curfman, CFP®, CEO & Co-Owner of Richmond Brothers, explores the intricacies of tax rates and how they might evolve in the coming months. Stay tuned for valuable insights and…
Read MoreThe power of compounding
The power of compounding emphasizes the profound impact of small contributions over time. If offered a million dollars or a penny that doubles every day for 30 days, would you…
Read MoreHow much control do you want over your heirs’ inheritance?
When the time comes for your beneficiaries to receive your IRA assets, are you confident they will use their inheritance how you’d want them to? There are options available for…
Read More2024 Holiday Matching – DEADLINE EXTENDED
We haven’t quite reached 100% of our goals for this year, so we are extending our deadline to Friday, December 20. Please help us us to double the impact for…
Read MorePresident Trump wins. Now what?
President Trump has won reelection; what does that mean for investors? Let’s discuss. As of writing, Republicans have won the White House and a Senate majority, and may win a…
Read MorePlanning for HSA Distributions
Health Savings Accounts (HSAs) offer tax benefits that can help you save for future healthcare costs. But how do you access the funds for out-of-pocket medical expenses once you’ve started…
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