Retirement

Women’s Retirement Crisis

…you up for a sound financial future. For more information, schedule a call with a member of our team. Footnotes: https://www.newyorklifeinvestments.com/assets/documents/lit/women-and-investing/women-investing-analytical-report.pdf https://www.bankrate.com/loans/personal-loans/purchasing-power-of-women-statistics/#purchasing https://hermoney.com/invest/financial-planning/more-than-half-of-women-control-household-finances-investments-and-retirement-planning/ https://fortune.com/2022/09/06/women-workforce-fed-rates-consider-full-employment-katica-roy/ https://www.ally.com/do-it-right/investing/should-women-invest-differently-than-men/ https://www.health.harvard.edu/blog/why-men-often-die-earlier-than-women https://www.plansponsor.com/health-care-retirement-will-cost-average-315000 https://www.pewresearch.org/fact-tank/2023/03/01/gender-pay-gap-facts https://www.brookings.edu/essay/how-does-gender-equality-affect-women-in-retirement/ https://www.cfp.net/news/2023/01/cfp-board-exceeds-95000-cfp-professionals…

Ryan Swartz Headshot

Financial Planning, Investing

Never Enough

…Research Institute: https://www.ebri.org/docs/default-source/ebri-issue-brief/ebri_ib_431_rcs.pdf?sfvrsn=1e8a292f_0 Insured Retirement Institute – Boomer Expectations for Retirement 2018: https://www.irionline.org/research/article/boomer-expectations-for-retirement-2018/ Fidelity: https://www.fidelity.com/bin-public/060_www_fidelity_com/images/Viewpoints/PF/safeguard_retirement_chart2.jpg United States Census Bureau – Older People Projected to Outnumber Children for First Time in…

Andrew Sasso, CFP (Headshot)

Financial Planning

The Danger of Keeping Up with the Joneses

…is that it can show the brilliant power of compound interest and just how far a dollar saved and invested today will go in the future. Footnotes: https://www.mckinsey.com/industries/high-tech/our-insights/thinking-inside-the-subscription-box-new-research-on-ecommerce-consumers#0 https://www.bankrate.com/banking/savings/financial-security-0118/ https://www.businessinsider.com/its-surprisingly-easy-to-end-up-living-paycheck-to-paycheck-when-you-earn-500000-a-year-2017-3…

Estate Planning & Trusts

Grantor Retained Annuity Trusts Revisited

…generally significantly lower than the federal exemption amount. https://www.washingtonpost.com/business/grat-shelters-an-accidental-tax-break-for-americas-wealthiest/2013/12/27/936bffc8-6c05-11e3-a523-fe73f0ff6b8d_story.html Assets considered “income in respect of a decedent,” such as retirement benefits, do not receive a stepped-up basis. Download This Article…

 

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