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Posts by Ashlyn Brooks:
President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This deal would avert a potential default, which many economists think would be catastrophic. Here’s what you need to know about the deal. A financial advisor can help prepare you for potentially tough economic times. Read more
Are you prepared for retirement? With longer life expectancy, rising healthcare costs, and the possibility of Social Security insolvency the pressure to prepare is mounting. To help you navigate the process, here’s an overview of the key factors you should consider when planning for retirement. We’ll also reveal some little-known facts that can help you plan for a successful retirement. Whether you are just starting your retirement planning journey or looking to make adjustments to your existing plan, we encourage you to speak with a qualified financial advisor who can provide professional guidance tailored to your unique circumstances. Read more
Portfolio shifts are a common occurrence for investors, especially active ones. Over time, assets shift out of balance from their original assigned portions and could take you out of your comfort zone. Rebalancing your portfolio realigns your assets to meet your goals according to a particular timeline and risk tolerance. But the act of rebalancing has the potential to bear a hefty price tag, one that can break the bank through taxes, fees and time consumption. The good news? Experts at Vanguard have done their due diligence and have reached an opinion on the subject to provide you with the best answer to “When should I rebalance my portfolio?”. For a guidance on rebalancing your portfolio, connect with a financial advisor for free. Read more
Warren Buffett is one of the most successful investors of all time, with a net worth of over $100 billion. Known as the “Oracle of Omaha,” Buffett has made his fortune by investing in businesses with… Read more
As you approach retirement age, you may be wondering what to do with the money in your retirement plan. In particular, you want to make sure you’re not losing money due to pesky fees and don’t want… Read more
As tax season continues, many individuals are anticipating receiving a tax refund — and figuring out what fun item or experience they’ll splurge on. As much fun as a new ATV would be, though, it… Read more
Science, technology, engineering and math (STEM) jobs are projected to grow 15% between 2021 and 2031. But this year is a mixed bag for many workers in these occupations. In recent months, tens of… Read more
Investing can be a complex and stressful endeavor. The idea of constant monitoring, rebalancing and stock picking can be overwhelming (not to mention costly, if done incorrectly), especially for… Read more
The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has aging parents living with their adult children and their adult children footing the bill for their… Read more
Did you start side hustle last year? You’re self-employed. Even if you only made $0.01 and didn’t get a 1099. Financial advisors and tax professionals alike are here to help but there is growing… Read more
When planning for a milestone like a wedding or buying a home, many couples find that they have to choose between the two. Paying for a wedding can be a very big expense, but putting a down payment… Read more
Going to a traditional four-year college isn’t the only path to a successful career. In fact, there are many well-paying jobs available for those without a bachelor’s degree, and average earnings for… Read more
America’s debt ceiling was reached — again — on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like … Read more
There are 1.9 million individual tax returns that remain unprocessed for various reasons — from 2022 alone. This has always been a problem from an efficiency standpoint, especially since tax season… Read more
Around 21% of Americans who quit their jobs either cash out their 401(k) or leave it to be transferred into cash by the employer. Both result in billions of dollars in lost retirement savings.… Read more
Survivorship bias isn’t a term you likely hear often, but you know exactly what it is. Ever listened to a sales pitch that opened with the most optimistic information, yet neglected to include the… Read more
IRS guidelines for retirement catch-up contributions are currently established for people ages 50 and older. This allows individuals within this age category to make 401(k) contributions of up to $7… Read more
The SECURE 2.0 Act has opened a new door for burdened student loan borrowers by offering a side door to achieving loan payoff and making crucial retirement contributions as soon as possible. But many… Read more
Congress passed the long-awaited SECURE 2.0 Act of 2022 that promises to restructure most Americans’ 401(k) plans and change retirement contribution and withdrawal rules to help Americans grow and… Read more
The housing market has been on a rollercoaster over the past year. In early 2022, prices rose at breakneck speed. In fact, the average price for single-family homes with mortgages spiked nearly 20%… Read more
From casual neighborhood runners to fitness fanatics, many Americans prioritize exercise. This is especially true at the start of the new year, when getting into shape tends to become a popular… Read more
If you’re a die-hard beer lover in the U.S., you’re not alone. In 2019, the U.S. beer industry sold around $120 billion worth of beer through retail businesses. That dropped in 2020 due to the COVID… Read more
The battle between passive and actively managed funds continues to rage on. Some of the top investing minds legends have consistently promoted the reliance on passive index investing to grow your… Read more
Ensuring you have enough money socked away for retirement is a difficult task. Calculating exactly how much you’ll need in the future — with the moving target of unexpected healthcare costs and the… Read more
Women struggle to make their retirement funds last, according to a recent study from Alliance for Lifetime Income (ALI), an insurance and investment group, that produced a “State of Women 2022”… Read more
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