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,…
Before Taking Money From Your Retirement Account, Read This First
An early withdrawal before age 59½ involves more than taxes. Here’s how to think through the decision before taking money from your retirement savings. Retirement savings are designed to support life after work. Even so, life doesn’t always unfold according to plan. A job changes unexpectedly. Medical expenses arrive at the wrong time. A child…
How to Prepare for Unexpected Expenses in Retirement
Most people heading into retirement have a pretty good sense of what their monthly expenses might look like. Housing. Healthcare. Groceries. Travel. Time with family. Those are the expenses that usually make it into a retirement plan. Then, every so often, life introduces something that wasn’t on the original list. Those are all important parts…
Halfway Through the Year: Is Your Retirement Plan Prepared for What Comes Next?
Interest rates. Inflation. Artificial intelligence. Global uncertainty. Market headlines. The first half of the year brought plenty of news for investors to digest, and the second half will likely bring its own set of questions. For retirees and those approaching retirement, these headlines often lead to a bigger question: Is my retirement plan prepared for…
Saving for a Child or Grandchild: Which Account Fits Your Goals? Comparing Trump Accounts, 529 Plans, Roth IRAs, and UTMA Accounts
Key Takeaways Saving for a Child or Grandchild: Which Account Fits Your Goals? The introduction of the new Trump Account has sparked plenty of interest among parents and grandparents. One of the first questions we’ve been hearing is: “Is this something we should consider for our child or grandchild?” It’s a thoughtful question, and one…
How Do Families Know When It’s Time for Additional Care?
For many families, conversations about additional care begin gradually. A parent starts missing appointments. Household tasks become more difficult. Driving becomes more stressful. Managing medications requires additional attention. Individually, these changes may not seem significant. Over time, however, they often lead families to ask an important question: When is it time to consider additional support?…
What Happens When a Spouse Inherits an IRA? Understanding Your Options Under SECURE 2.0
If your spouse were to inherit your IRA tomorrow, would they know what options are available to them? Many couples spend years building retirement savings together, but fewer spend time discussing what happens to those accounts after one spouse passes away. Yet for surviving spouses, inherited IRA decisions can affect future income, taxes, required distributions,…
Planning for Multiple IRA Beneficiaries: Five Important Details Families Often Overlook
For many people, naming beneficiaries on an IRA feels like one of those tasks you complete, file away, and assume it’s taken care of. In many cases, that’s a reasonable assumption. Beneficiary forms are often completed when an account is opened, after a marriage, or during an estate planning update. Once the paperwork is signed,…
What Happens to Your Home When You Pass Away?
Understanding Probate, Trusts, and Lady Bird Deeds For many retirees and pre-retirees, a home is more than just a financial asset. It’s where memories were made, where family gathers, and often one of the largest pieces of a family’s legacy. That’s one reason we frequently hear a simple but important question: “What would actually happen…
What Today’s Economic Headlines Could Mean for Your Retirement Plan
Interest rates. Inflation. Artificial intelligence. Oil prices. Elections. The headlines seem to change every day, and it can be difficult to know which stories deserve your attention and which are simply part of the normal ebb and flow of the markets. As we move into summer, many retirees and pre-retirees are asking a familiar question:…
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