Retirement marks the climax of your career and the beginning of a new life episode. Whatever your age, it should be a focal point of your financial planning. Making prudent wealth decisions over time helps to establish a solid foundation for your retirement. However, once the countdown to retirement begins, some 5-10 years out from your intended retirement date, it’s time to stop, take stock, and confirm that you’re financially and emotionally ready for your future. Here’s what you need to consider financially during the countdown to retirement.Read More
When it comes to financial parenting, the jury’s still out on whether being a helicopter parent might prove beneficial or otherwise. Being too involved in your kids’ financial education can constrain your kids, making it impossible for them to learn how to make wise money decisions. Conversely, being too hands off might leave your kids without any financial framework in which to learn. SageVest Kids takes a look at financial helicopter parenting and advocates for a balanced approach towards your child’s financial learning as they grow.Read More
Hopefully you’ve already filed your taxes or are in the process of doing so. While it’s always important to review your tax return every year, it’s particularly important in 2019, given last year’s tax changes. Your 2018 tax return holds the answer about whether you benefited or lost out under the new tax legislation. It also offers insights into whether you’re on track for 2019, tax-wise. Considering that we’re already more than a quarter of the way through the new tax year, don’t wait any longer. Here’s what you need to know now about your taxes.Read More
SageVest Wealth Management’s latest quarterly commentary is now available. Highlights include:
– The first quarter proved to be one of the strongest in history, following on the heels of a challenging 2018.
– Trade tensions subsided, but haven’t disappeared.
– The yield curve officially inverted, a potentially ominous sign of a recession in the wings.Read More
The refinance discussion has happened so many times over the past decade that it’s become something of a financial cliché. Yet here we are again, raising the notion of whether you should consider refinancing. That’s because interest rates have declined dramatically since the Federal Reserve Board (Fed) announced a halt in rate increases. Long-term bond yields have fallen precipitously, lowering mortgage rates just in time for the Spring real estate market. Whether you’re buying a home or not, consider these four good reasons to refinance now.Read More
Your student’s college test results and where they study are certainly some of the key factors when it comes to your teen’s future career path, earnings potential, and standard of living later in life. The recent college admissions scandal shows just how much peer pressure can be upon parents, as well as teens, when it comes to getting into an elite school. SageVest Kids offers insights into how you can transform some of the most common types of parental peer pressure into examples of good financial parenting that supports your kids’ financial education.Read More
As the days lengthen and the temperatures slowly rise, you may be thinking about your next summer getaway. Travel costs are likely to increase in 2019 for a number of reasons, including increasing oil prices and overall inflation pressures. This makes it more important than ever to make the most of your travel budget! SageVest Wealth Management’s top 10 travel tips will help save you time, stress, and money.Read More
Many of us are experiencing life for longer. It’s increasingly common to live 20-30 years in retirement. More of us are also experiencing a single lifestyle, either as a deliberate life choice, or as a result of divorce, widowhood, or simply relocating away from family and friends. In response to these population changes and other factors, Charles Schwab recently implemented a trusted contact option. This is an important part of your financial plan, and SageVest Wealth Management has now also adopted this approach. Below, we discuss what a trusted contact is, and why everyone needs a trusted contact.Read More
Without a doubt, the most common question SageVest Wealth Management advisors hear is “How much do I need to retire?”
In reality, there’s no universal answer. Retirement dreams are different for everyone, and they change as life constantly evolves. However, there is a universal objective to be financially comfortable. The amount of income you need today can offer insights into what you’ll need to replicate tomorrow. If you haven’t already explored retirement planning, we offer a quick and easy chart as an initial gauge of your preparedness.Read More
Everyone’s vison of an ideal retirement differs in the details, but common goals include a comfortable standard of living, good health, and meaningful experiences with family and friends, travel, and more. SageVest Wealth Management is proud to launch our Retirement Resources Center, a one-stop shop in support of your retirement objectives – whatever they may be! Whether you’re just starting to save, nearing retirement, or already a retiree, our Retirement Resources Center provides a wealth of information.Read More