Supercharging Your Retirement Strategy: Harnessing the Power of Your Health Savings Account
As you work to tackle the gargantuan task of saving for retirement, it can pay to seek creative ways to secure your financial future. One strategy that deserves greater attention is the utilization of a Health Savings Account (HSA) to bolster your retirement savings. While HSAs are primarily earmarked for healthcare-related expenses, their unique triple-tax […]
Unlocking Investor Success: Escaping the Clutches of Behavioral Traps
You may think that successful investing is all about having a strong grasp of economic principles. While this is certainly helpful, it is also advantageous to have a deep understanding of human behavior. That’s because, as human beings, we are sometimes our own worst enemies when it comes to financial decision-making. In fact, there is […]
Inflation May Finally Be Slowing Down!
Inflation has been a hot-button issue in finance and politics lately. You may have noticed changes in inflation yourself if you went to buy something and it was much more expensive than you expected. Eggs are a great example of this.[1] In 2022 the price of eggs went up by 59.9% due to an outbreak […]
Ep 112: Chatting with Realtor Amanda Ondrey: The State Of The Real Estate Market (Part 2)
Today, we have Amanda Ondrey from M.C. Real Estate joining us once again. In our previous segment, we delved into Amanda’s real estate career and her journey as a business owner. In this episode, Amanda talks with us about the current real estate market and addresses some common concerns and questions about buying and selling in this environment.
Ep 111: Chatting with Realtor Amanda Ondrey: Building An All-Female Team (Part 1)
Today we have the pleasure of sitting down with Amanda Ondrey of M.C. Real Estate. In part one of this two-part episode, Amanda, renowned for her all-female team, shares her real estate journey with us- from being mentored herself and surviving the 2008 market crash to establishing herself as a successful realtor.
Struggling to Save? You Might Not Be Alone
The current rate of monthly savings across America is currently at 4.6%. This means that most Americans are saving about 4.6% of their monthly income. This number is unusual as the average amount is almost double that number at 8%. Also, in June, this number dipped to a 15-year low of 2.7%.[1] Economists are noting […]
Creating and Maintaining Generational Wealth in Retirement
In today’s fast-paced world, ensuring financial stability for future generations can be a daunting task. However, it is a common goal for retirees to create and maintain generational wealth in retirement. What better way to leave a legacy than to provide financial security? That’s why this article will provide valuable tips and insights to help […]
Understand the Fees of Retirement Planning
Retirement planning is a crucial process that requires careful consideration of various factors, including investment options, risk tolerance, and fees. Fees are an essential aspect of retirement planning, as they can impact the overall value of retirement savings. They can also be the cost of providing much needed guidance to your retirement strategy. Therefore, it […]
Build a Bigger Nest Egg with These 7 Strategies
Helpful Ways to Accelerate Your Retirement Savings Regardless of your age, saving for retirement is a crucial step in financial planning. While starting early is certainly advantageous, many individuals find themselves playing catch-up due to life’s uncertainties. Below, we will explore seven powerful savings strategies to help you accelerate your savings, even if you’ve begun […]
How Long Can I Keep My Money in My Retirement Account?
In most cases, you can’t actually keep your money in your retirement accounts forever. Even if you don’t need the money from your retirement accounts, many of them will require you to begin withdrawing from them when you are 73 years old.[1] This is called a required minimum distribution (often shortened to RMD). More specifically, […]
