Insurance Services

Advisory Services

Category: Uncategorized

Published
Categorized as Uncategorized

Your Partner Isn’t Saving for Retirement – Now What?

Saving for retirement is typically challenging enough when you’re doing it on your own, but what happens when your partner isn’t on the same page? Maybe they think saving for retirement can wait.  Maybe they believe Social Security will be enough.  Or maybe they’re simply overwhelmed and don’t know where to start. Whatever the reason,… Continue reading Your Partner Isn’t Saving for Retirement – Now What?

Published
Categorized as Uncategorized

More Parents Are Financially Supporting Adult Children: Why It’s a Problem

Supporting adult children comes at a high cost.  And an increasing number of parents are finding themselves doing just that. Here are some of the key findings of the 2025 Savings.com report: Half of parents with adult children provide regular financial assistance to their grown kids.  The average monthly support per adult child is $1,474,… Continue reading More Parents Are Financially Supporting Adult Children: Why It’s a Problem

Published
Categorized as Uncategorized

Tired of Retirement Savings Stress? These 5 Moves May Help.

Saving for retirement can feel overwhelming – especially with headlines constantly reminding us about rising healthcare costs, tariffs, and a volatile market.  But here’s the thing: Most retirement savings stress often comes from uncertainty – not from your actual financial position. The good news?  You can take steps today that not only help you save… Continue reading Tired of Retirement Savings Stress? These 5 Moves May Help.

Published
Categorized as Uncategorized

7 Common Disposable Income Mistakes to Avoid in 2025

Having money left after taxes is a good thing, but spending it without a plan?  That’s where many people can go wrong. Disposable income is not the same as discretionary income. Disposable income is what you have left after paying taxes. For instance, if you earn $60,000 annually and pay 20% in taxes, your disposable… Continue reading 7 Common Disposable Income Mistakes to Avoid in 2025

Published
Categorized as Retirement Savings, Retirement Tips, Uncategorized

How to Increase Retirement Savings in 2025

If you know you need to make some changes in order to increase retirement savings in 2025, then keep reading. We’ve compiled 9 potential changes you can make to your saving, spending, and investing habits that may increase retirement savings in 2025. Read on to learn more. The State of Retirement Savings According to the… Continue reading How to Increase Retirement Savings in 2025

Published
Categorized as Uncategorized

Aging Parents & Finances: A Financial Talk Every Family Should Have

As our parents age, it’s natural to start worrying about their financial well-being. But how do you approach a conversation about money with the very people who raised you? We get it. It’s awkward. According to a Bankrate survey, “Americans think money is more taboo to talk about than their political or religious views.”¹ Specifically,… Continue reading Aging Parents & Finances: A Financial Talk Every Family Should Have

Published
Categorized as Uncategorized

What to Do If You’re Nearing Retirement with Less Savings Than Expected

If you are nearing retirement and have less savings than expected, you are not alone. Many Americans feel the same way. The 2023 Protected Retirement Income and Planning (PRIP) study from the Alliance for Lifetime Income found:  51% of consumers between 45 and 75 feel they do not have enough retirement savings to last their… Continue reading What to Do If You’re Nearing Retirement with Less Savings Than Expected

Published
Categorized as Uncategorized

401(k) Balance by Age: How Do You Measure Up?

According to Vanguard’s 2024 How America Saves Report, the average 401(k) balance for participants in 2023 was $134,128, with a median balance of $35,286. Vanguard participants’ average account balances increased by 19% since year-end 2022.¹ How does your 401(k) balance compare to others in your age group?   In this post, we break down the latest… Continue reading 401(k) Balance by Age: How Do You Measure Up?

Published
Categorized as Retirement Savings, Retirement Tips, Uncategorized

Is Professional 401(k) Account Management Really Worth It?

401(k) account management is an option for anyone with a 401(k) – no matter how close or far you are from retirement. Even if you have some basic investment knowledge, you might want to consider seeking expert advice. Think of it this way – financial advisors manage 401(k) accounts for a living. It’s their job. … Continue reading Is Professional 401(k) Account Management Really Worth It?