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Financial Planning

Financial Planning

Inflation Can Be a Scary Word

There are compelling reasons to adopt a wait-and-see approach. Inflation can be a scary word for people who are retired. It’s code for “prices are going up, but my income may stay the same.” The most recent reading on…

Financial Planning

Qualified Charitable Distributions

A choice for I.R.A. owners who want to reduce taxes linked to I.R.A. distributions. Do you have an I.R.A.? As you enter your 70s, you may start to look at that I.R.A. not only as an asset, but also…

Financial Planning

IRA Deadlines Are Approaching

Here is what you need to know.  Financially, many of us associate the spring with taxes – but we should also associate December with important IRA deadlines. This year, like 2020, will see a few changes and distinctions. December…

Financial Planning Investment

Are Americans Saving Too Much?

American spending habits have taken a clear direction. Among the many changes arising from the pandemic, one of the most noticeable was a change in American spending habits. A survey released in March 2021 by Pew Research shows that…

Financial Planning

The IRS Extends Additional Tax Deadlines

What to know about your IRA, HSA, and more.  Previously, the Internal Revenue Service (IRS) announced that the federal income tax filing due date for individuals for the 2020 tax year had been automatically extended from April 15, 2021,…

Financial Planning

What Could the Rest of 2021 Look Like?

Written by: Benjamin Bimson CIMA®, CMT® / CIO, Trek Financial How is it possible that the stock market could stubbornly continue to rise even after the remarkable recovery we have already witnessed over the past 12 months?   Looking…

Financial Planning

The Economics of MLB Spring Training

Play ball! Major League Baseball scheduled Opening Day for April 1, but two states have already scored with spring training underway. Every year, spring training divides the 30 MLB teams into two squads. Half of the teams travel to…

Financial Planning Retirement

Understanding Extended Care

The important question: are you prepared? Addressing the potential threat of extended care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The Administration for Community Living estimates that by 2060,…