If You’re Giving to Charity Anyway, Should the Money Come From Your IRA?
For many people, charitable giving is part of what they do each year. They may support their church, a local organization, their alma mater, or a cause that has been meaningful to their family for years. And often, the way they give is pretty straightforward. When it’s time to make the gift, they write a…
What We’re Watching as Year-End Retirement Planning Approaches
When stock prices remain high and there’s still plenty to worry about, it’s natural to wonder how those two things fit together. If you’re approaching retirement or already retired, you may also be wondering what they mean for your savings and the income you’ll need in the years ahead. Corporate earnings help explain part of…
Before You Keep the Same Medicare Coverage for 2027, Take Another Look
If your Medicare coverage has worked well for you this year, you may already be thinking you’ll just keep everything the same for 2027. And that may turn out to be exactly what you do. But Medicare plans can change from one year to the next, even when very little has changed in your own…
A Quick Reminder About Investment Scams
We came across a recent investor bulletin from the SEC, FINRA, and several other financial regulators that we thought was worth sharing. One of the biggest takeaways was just how convincing investment scams are becoming. With artificial intelligence and other technology, it can be much harder to tell whether a message, website, phone call, or…
Making a Big Purchase in Retirement? Ask These 5 Questions First
You spend a lot of your working years saving for retirement. Then retirement arrives, and at some point the questions begin to change. Instead of wondering how much you should be saving, you may find yourself deciding when it makes sense to start using some of what you’ve accumulated. Maybe you want to take the…
What Does a ‘Wall of Worry’ Mean for Your Retirement Plan?
Inflation. Oil prices. Interest rates. Global conflict. Midterm elections. There always seems to be another reason to worry. When you are approaching retirement or already living in it, those headlines can feel especially important because you may be wondering what they mean for your savings, your income and the life you have planned. In this…
Building What’s Next: Congratulations to 2026 Forerunners Scholarship Recipient Ryan
We’re excited to introduce you to Ryan, Richmond Brothers’ 2026 Forerunners Scholarship recipient! This fall, he’s beginning his college experience at Rochester Institute of Technology (RIT) in Rochester, New York, where he’ll be studying mechanical engineering. Richmond Brothers is proud to support him with a $1,000 scholarship as he gets started. His connection to the…
Inherited IRA 10-Year Rule: Who Qualifies for an Exception?
If you inherit an IRA, one of the first things you may hear is that you have 10 years to empty the account. For many beneficiaries, that’s an important rule to understand. But what if the rule you thought applied to you didn’t? Just imagine you’re 68 years old and your 67-year-old sister passes away…
Retirement Is Changing. Has Your Plan Changed With It?
Retirement doesn’t look quite the same for everyone. For some people, retirement begins on a specific date. They turn off the office lights, attend a farewell lunch, and start a completely new routine the following Monday. For others, the change is less defined. Someone may step away from a demanding full-time role but continue consulting…
Should Market Headlines Change Your Retirement Plan?
Inflation. Interest rates. Global conflict. Oil prices. Artificial intelligence. Market performance. When the headlines keep changing, it can be difficult to know what deserves your attention and what should influence your financial decisions. You may even find yourself wondering: Is my retirement plan still prepared for what could happen next? In this month’s Matt’s Minutes,…
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