IBM defines cybersecurity as “the practice of protecting critical systems and sensitive information from digital attacks.” You may not be in the business of defending critical infrastructure from online threats. But fraud, identity theft, and online scams that target your finances pose significant challenges for everyone in today’s… Read More »Cybersecurity & Market Update
Managing Health Care Costs in Retirement Managing and wrapping your head around health care costs and health insurance may seem like a daunting task. A financial wellness study by PricewaterhouseCoopers found that over one-third of baby boomers—38% to be exact—said that the cost of health care is their top fear. It is even… Read More »Retirement Healthcare Costs & Market Review
The Wall Street Journal summed up the first six months of the year with a simple but telling headline: S&P 500 Posts Worst First Half of Year Since 1970. Morningstar said the Dow’s performance was the worst since 1962 in another article. Table 1: Key Index Returns MTD % YTD… Read More »A Rocky First Half & Financial Caregiving
Despite repeatedly denying he had any designs on his neighbor, Vladimir Putin launched an invasion of Ukraine late last month. Conditions on the ground are quite fluid, and we will not delve into military strategy. But what is happening to the Ukrainian people is a tragedy. As I… Read More »When Worlds Collide
Looking to year-end The holidays are always hectic, but consider carving out some time for year-end financial matters. A number of questions about proposed changes in the tax code have come my way. As the Build Back Better Act winds its way through Congress, (https://www.schwab.com/resource-center/insights/content/congress-drops-most-individual-tax-increases-revised-economic-package) many early proposals… Read More »Tax Update and a Checklist for Year-End Planning
Market Recap: New high in October—what drives the overall market? Following a modest sell-off in September, stocks racked up a big gain in October, with the Dow Jones Industrial Average and the S&P 500 Index setting new highs late in the month, according to market data provided by… Read More »Market Recap, Gratitude this Holiday Season, and Holiday Office Hours
We were pleased to be quoted along with colleagues at Garrett Investment Advisors on ways to catch up on retirement savings: https://www.msn.com/en-us/money/personalfinance/7-of-the-fastest-ways-to-catch-up-on-retirement-savings/ss-AAPYzAY.
Will you be paying more in taxes next year? Let’s ask the question in another way. Since politicians have taken aim at high earners: Are taxes going to rise for the wealthiest taxpayers? Clients usually ask, “How will this affect me?” Or, “Will I be ensnared by Congress’… Read More »Will Tax Law Changes Increase Your Taxes? Plus Market Update Through September
We were pleased to be featured in a podcast with DPL Financial, one of our insurance partners, on using commission-free annuities in your financial plan. For a listen, please head to https://url.emailprotection.link/?bVdmsXuVWd4IXmQYveVehYZ8dsW2VWQT5Gi7g87IBNDoereonznfmRfDuuZN6kgbsoQoOreat4Z4OyREkKvS8RMY4cuA0ojPZCTtRUP2XGTnBhqRd6tWqtJrxNPHShMXz. If you have an annuity that needs a review for fit with your financial plan, or… Read More »Kulig Financial Featured in DPL Financial Podcast
Secure Act In late 2019, the president signed the SECURE (Setting Every Community Up for Retirement Enhancement) Act into law. Required minimum distributions (RMDs) for employer-sponsored plans and IRA accounts were raised from 70 ½ years to 72 years old. It was a welcome change. The act also… Read More »Secure Act 2.0 and Market Review