Midyear Outlook 2024: Still Waiting for the Turn
As we reach the halfway point of 2024, a sense of persistence defines the economic and market landscape. Trends from late 2023 have continued, with surprisingly resilient economic growth mixed with stubborn but decelerating inflation. Equity markets have thrived and regained all the lost ground from 2022. On the other hand, the bond market still […]
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From Divorce to Financial Fresh Start: Your Post-Divorce Action Plan
Going through a divorce can be an emotionally charged and stressful event. Aside from the emotional toll, there’s often the challenging task of disentangling finances and assets, a process that frequently leaves many divorcees in a precarious financial situation. However, it is essential to remember that this is not the end of the road—with a […]
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United in Wealth: How to Become a Financial Power Couple
If you’re a high earner, you may be interested in partnering with someone with similar education, income, and goals. Becoming a financial “power couple” can help you both achieve your goals sooner. Because money disputes are one of the leading causes of divorce, finding someone with whom you’re financially compatible can smooth the path of […]
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Annuities: The Key to Women’s Financial Empowerment and Independence
In today’s world, financial independence is a stepping stone to women’s empowerment. A critical path to pursuing this independence is having a suitable retirement income. One retirement strategy that may be appropriate is purchasing an annuity that provides a guaranteed stream of income that women can’t outlive. Here, we dive deeper into how annuities can […]
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Rich vs. Wealthy – Is There Really a Difference?
The terms “rich” and “wealthy” are often used interchangeably. But are they really the same? As the saying goes, “Money talks, but wealth whispers.” Here are some of the differences between being rich and being wealthy in terms of money, resources, and public perception. Rich—Flashy, But Lacking Substance Many people aspire to be rich—to go […]
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Safeguarding Your Finances: Tips to Protect Yourself Against Fraud, Identity Theft, and Other Threats as You Near Retirement
Protecting your finances is always important. But as you approach retirement, with less time to bounce back from any missteps, it becomes even more critical to avoid fraud, identity theft, and other threats. Below, we discuss a few tips and tricks to help protect yourself. Understanding the Risks You likely already know the basics of […]
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High Earners and Homeownership: Why It’s More Than Just a Status Symbol
For generations, homeownership has been billed as the hallmark of the American Dream. However, for high earners, it can also be a way to reduce taxes, receive more favorable capital gains treatment, and invest in their family’s future. Below, we discuss a few benefits of homeownership that can have an outsized impact on households with […]
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Military Benefits for Former Service Members, Veterans, and Families
Just because your military service is up doesn’t mean your benefits disappear. You spent many years of your life serving and protecting your country. With that sacrifice, you can access various benefits created to help you readjust to civilian life and build a future for yourself and your family. Home Loans Former service members, veterans, […]
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Tackle Your Tax Burden with a Well-Designed Life Insurance Policy
For many high-net-worth (HNW) individuals, managing finances and minimizing their tax burden are top priorities. One strategy that often gets overlooked in the pursuit of reducing taxes is life insurance. While life insurance is traditionally thought of as a way to provide independence for loved ones after one’s passing, it can also be a valuable […]
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Grow Old with Me–Live (Almost) Tax-Free
What will you look for as you approach your “golden” years? Sunshine and the beach at your feet, or colder climates with your favorite cross-country skiing course outside your door? An affordable condo on the golf course with room for a visit from your grandchildren? Friends and family close by, or new “elder” friends living […]
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