Dive into a range of focused topics from sustainable investing to the implications of demographic shifts. Discover insights on specialized strategies, high-net-worth households, and the changing world of finance and economics.
According to PwC’s recent Retirement in America report, the median retirement savings among people ages 55 to 64 is $120,000. Unfortunately, that likely would provide less than $1,000 per month […]
Demographics Differing on Retirement Plans Read More »
In a recent episode of Retire Ready TV, Chris Heerlein of REAP Financial, a wealth management firm in Austin, Texas, emphasizes the significance of effectively managing healthcare expenses, a major concern for retirees. Heerlein draws attention to an often-overlooked aspect of retirement planning: Medicare IRMAA (Income-Related Monthly Adjustment Amount) surcharges. These surcharges can significantly increase Medicare premiums for those with higher incomes, impacting families who have diligently saved for retirement or maintain a comfortable lifestyle. Heerlein points out that many are caught off-guard by these additional costs and underscores the importance of understanding how Medicare premium increases work. He advises retirees to strategize for controlling these costs, particularly focusing on the impact of Required Minimum Distributions (RMDs) that commence at age 72. These mandatory withdrawals from IRAs and 401(k)s can inadvertently increase income, leading to higher Medicare premiums.
How to Not Let Healthcare Expenses Derail your Retirement Read More »
What is a Virtual Family Office (VFO)? A Virtual Family Office (VFO) is an innovative approach to wealth management that caters to the needs of affluent families by offering personalized, comprehensive financial services and advice. Unlike traditional family offices, which are typically reserved for the ultra-wealthy with resources to maintain their own teams of financial professionals, a VFO leverages modern technology to provide similar high-level, tailored financial services virtually.
New Solution to Wealth Management? Hire a Virtual Family Office Firm Read More »
In 2019, the millennial generation (born from 1981 to 1996) surpassed the number of baby boomers (born between 1946 and 1964) in the United States. Today, one in four people
Millennials Step Up Read More »
Generation X, comprised of adults between the ages of 40 and 55, have entered their prime earning years while at the same time enjoying a bull market for stocks. This
Gen X Prepares to Ascend the Throne Read More »
Gender-lens investing is the tactic of screening companies through female-centric filters. According to analysis by the Wharton School of Business, these filters include: Advancing women in finance Advancing women in
Advantages of Gender-Lens Investing Read More »
The investment markets rebounded and have proven resilient despite the economic decline resulting from the pandemic. The Federal Reserve continues to boost monetary policy with trillions in market support. Congress
How High-net-worth Households are Faring Read More »