Retirement is one of those things that feels like it's a long way off, right up until it's not. Nonetheless, being proactive and having a plan can make all the difference when it comes to living out the retirement you’ve always imagined. Start gathering a pre-retirement checklist to help you create goals, determine a realistic timeline, and keep your finances front of mind.
A fiduciary is a person that acts on behalf of another person while putting that person’s needs ahead of their own. Burt Hutchinson, CPA, CFP®, Founder and Wealth Advisor, and his team are fiduciaries by nature. It’s who we are. Our own ethical standards drive us to produce the best results for each and every client.
You’ve worked hard to save and make smart investment choices. Your goal is a smooth transition into retirement with peace of mind about your financial future. But those years of preparation can still leave you questioning exactly how to pull it off. Let’s dig into the ins and outs of social security as a retirement benefit and why deferring may be in your best interest.
While inflation may be the talk of the town, higher interest rates typically find their way into the conversation. We’ve watched the Fed raise interstate rates this year, changing the spending habits for many Americans. The result isn’t just higher rates on mortgages or auto loans, the outcome is a shrinking economy as borrowing money becomes harder.
It’s common for the roles to reverse as we age — we begin watching out for our parents as they once did for us. For various reasons, people find themselves managing finances for their aging parents. While helping them keep up on their monthly bills may be straightforward, there are a few other factors to consider.
