Resources

What is IRMAA? Have you ever heard of IRMAA? If you’re nearing Social Security age or already receiving it, this could impact your finances significantly. IRMAA stands for Income Related Monthly Adjustment Amounts. Essentially, your Medicare costs depend on your income. Earn above a certain threshold, and you’ll find yourself paying more. It’s another way […]

In recent months, I’ve had quite a few people come to me excited about the 5% interest rates they’ve been offered on short-term certificates of deposit (CDs). It’s great to see such enthusiasm, but there’s often confusion about how these rates actually work. Many people think that a six- or nine-month CD at 5% means […]

Market volatility refers to the rate at which the price of securities increases or decreases for a given set of returns. Driven by factors such as economic data, geopolitical events, changes in market sentiment, and macroeconomic trends, volatility is a natural part of the stock market cycle. While it is not inherently bad, it can […]

In recent years, I’ve seen clients and friends move back from Florida after initially relocating there. Moving is a big ordeal, involving timing the packing, selling, and closing of your home, finding and buying a new one, and then getting your belongings there. Movers aren’t cheap, and many people who relocate are older and not […]

If you’re inching closer to retirement or merely starting to ponder what retirement might look like, this guide is crafted especially for you. Let’s break down those burning questions and equip you with the insights you need to make informed decisions about Social Security. Why Start Thinking About Social Security Now? Here’s the kicker: Planning […]

The financial landscape today is marked by volatility and uncertainty. Stock market prices are high. Interest rates are rising. The cost of living, including food and housing, continues to soar. It’s easy to feel overwhelmed by these challenges, so how are you managing all this chaos? For many, the key is focusing on what’s truly […]

As the seasons transition, it presents an ideal moment to embark on decluttering your finances, meticulously reviewing your budget, and fortifying your money management practices. This guide will walk you through the essential steps to spring clean your finances, helping you achieve greater financial stability and peace of mind. Begin with a Financial Audit Starting […]

A little history on our home first. In 1994, we bought about 7 acres of land and built a 30 x 32, story and a half Cape Cod style home. Featuring 9-foot ceilings, 2×12 floor joists, and 6-inch walls, we added several other tweaks to make it special to us. I was the general contractor, […]

Navigating the world of financial planning can often feel like deciphering a complex puzzle, with annuities being one of the more intricate pieces. Whether you’re planning for retirement or seeking a steady income stream, understanding annuities is crucial. This comprehensive guide will demystify annuities, breaking down their purpose, types, and the financial considerations you need […]

As the warmer breezes of spring begin to waft through our lives, it’s a great time to clear out the old and prepare for the new, especially when it comes to your finances. Let’s dive into a detailed plan to declutter your financial environment, helping you to manage your money more effectively and achieve financial […]