Over the last year inflation climbed to the highest rate in decades. The combination of supply and labor shortages, hefty amounts of federal aid, ultra-low interest rates, and strong consumer spending sent inflation soaring. With little indication that it will slow...
Personal
How to Adjust Your Retirement Plan to Offset the Impact of the Three Is: Inflation, Infrastructure, and Interest Rates
Inflation, which rose considerably last year, is likely to remain high through 2022, and some experts think that infrastructure legislation will only add to inflation. Throw in rising interest rates that were just enacted by the Federal Reserve, and you have a perfect...
Troubleshooting Taxes: How to File Extensions and Amended Returns
Tax issues can be stressful. No matter the circumstances—a family or health emergency, an unexpected work trip, an unorganized filing method—sometimes you just need more time to file your taxes. And sometimes, even if you managed to file your taxes on time, you...
Don’t Be Fooled by These Common Retirement Misconceptions
When it comes to saving for retirement, it’s important to remember that standard retirement savings advice is not one-size-fits-all. Be aware of the following common misconceptions so you can meet your savings goals with clarity and confidence. The 4% Rule is...
How to Make a Retirement Distribution Plan for Long-Term Financial Security
With some strategic planning you can establish a game plan for withdrawal designed to provide the income you need to fund your retirement without the fear of running out of money. Some of these strategies, discussed below, will even help you stay ahead of inflation....
How to Keep Assets Safe for Heirs
The notion of estate planning can seem overwhelming, but creating a plan is vital to ensuring your money and assets go to your intended heirs without getting hit with maximum taxes. Read on for tips to keep your estate safe for intended heirs. Draft a Will Creating a...
Be Aware of These Social Security Realities When Planning for Retirement
While Social Security can be an important source of income after you leave the workforce for good, it isn’t without its flaws. Being prepared with a good understanding of the realities of this benefits program, which are discussed below, can help you plan for...
