Anatomy of a Bear Market

Anatomy of a Bear Market

Since the highs on February 19th the US stock market has proceeded to drop faster than any other period since the great depression, proceeding to shed about 32% in a little over a month. This has put most major equity investments into what we would consider a bear...
Why We Have Inflation

Why We Have Inflation

“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” – Sam Ewing The term inflation is thrown around a lot in conversations about the economy and how the cost of something today relates to its...
What is a 1099?

What is a 1099?

Every year as tax season approaches one IRS form seems to cause more confusion than any other. The dreaded 1099. A 1099 is a record that a person or business (other than your employer) gave or paid you money. One copy recording the gift or payment is sent to you and...
SECURE ACT Part II: The Death of the Stretch IRA

SECURE ACT Part II: The Death of the Stretch IRA

For quite some time IRAs held a special place in the financial planning world, especially as it came to passing money on to family members. That’s because of a special provision in the law that allowed beneficiaries who inherited IRAs to take out small amounts at a...
Secure Act of 2019

Secure Act of 2019

Each new year brings with it goals, resolutions, and optimism for what lies ahead.  This year it also brought a whole host of changes to the retirement landscape in the form of the SECURE...
Will Medicare Surcharges Affect You in Retirement?

Will Medicare Surcharges Affect You in Retirement?

If you have never heard the term “Medicare Surcharge” consider yourself in the majority. For starters, if you aren’t retired and on Medicare then it doesn’t affect you yet. In addition, it only impacts retired individuals, or couples, above certain income thresholds....
Live long & Prosper

Live long & Prosper

Recently we referenced a new IRS proposal that would change the Required Minimum Distribution (RMD) formula for qualified retirement plans and accounts. The short explanation is that as individuals reach their required minimum distribution age, they will now be...
Go To Sleep

Go To Sleep

One of the biggest hidden influences on our day to day lives is the amount of sleep we get. Getting the right amount and type of sleep is critical to our health, both mentally and physically, our performance, both mental and physical, and even our investment decision...
Financial Planning for a New Baby

Financial Planning for a New Baby

When we think of a new addition to the family it brings up a lot of emotions. Joy and excitement. Fear and apprehension. It can be an overwhelming time for a lot of parents, especially new ones. In addition, the amount of work involved to plan and prepare for the...
In it for the Long Haul

In it for the Long Haul

When you think about your future, how far do you venture?  One year, five years, twenty years?  In financial planning and investing we are always encouraging people to think long term.  Life is a marathon, not a sprint.  You’re in it for the long haul, so act...