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4 Tips for Managing Rising Inflation

2023-05-11T15:03:26-04:00June 22nd, 2022|Blog, Financial Planning, Inflation|

4 Tips for Managing Rising Inflation By: Stacey Nickens Inflation is on the rise, and while the Fed is raising interest rates to try to tamp down on rising costs, your budget is still likely hurting from inflationary pressures. You may see your expenses going up more quickly than your income, and as a [...]

What does the interest rate increase mean for you?

2023-05-11T15:09:22-04:00March 21st, 2022|Blog, Financial Planning, Inflation|

What does the interest rate increase mean for you? By: Stacey Nickens This past St. Patrick's Day, your pot of gold may have felt a bit emptier than usual. Between the higher cost of living and market volatility, your savings might be taking a hit. The Fed does recognize these inflationary concerns, and during [...]

6 Year-End Financial Planning Moves

2023-12-14T13:45:03-05:00November 15th, 2021|Blog, Financial Planning, Insurance|

The holidays can be both busy and expensive. With that in mind, it can be helpful to get your finances in order before you get wrapped up in gift buying and pie making. Use the next few weeks to lower your tax bill, save for retirement, and plan for your future health needs. 1. [...]

IRS Releases 2022 Retirement Account Contribution and Contribution Deduction Limits

2023-05-11T15:21:19-04:00November 5th, 2021|Blog, Financial Planning, Investments|

IRS Releases 2022 Retirement Account Contribution and Contribution Deduction Limits By: Margaret Nickens The IRS released the 2022 contribution limits and deduction income limits for IRAs, 401(k)s, and other retirement accounts. While there's some disappointing news in the batch, there's definitely some increases to celebrate. The Bad News The IRS is not increasing contribution [...]

Goals-Based Savings Can Help You Withstand Market Volatility

2023-05-11T15:21:45-04:00October 29th, 2021|Blog, Financial Planning, Investments|

Goals-Based Savings Can Help You Withstand Market Volatility By: Stacey Nickens Financial planners and investment advisors have traditionally advocated for a bucket-approach to savings. With the bucket approach, you segment your savings by time until withdrawal. A goals-based approach to saving is a twist on this method. Rather than segmenting your savings by time [...]

Social Security Will Increase Significantly in 2022

2023-05-11T15:21:56-04:00October 18th, 2021|Blog, Financial Planning, Inflation|

Social Security Will Increase Significantly in 2022 By: Stacey Nickens Retirees will see a large increase in their Social Security benefits in 2022. Last week, the Social Security Administration announced that the cost-of-living adjustment will be 5.9% in the upcoming year. However, seniors should keep in mind that benefits are increasing because inflation is [...]

Creating Money Harmony in Your Marriage

2023-05-19T13:38:40-04:00September 14th, 2021|Blog, Financial Planning|

September is the perfect month for pumpkin spice lattes, the return of Target's Halloween section, and marriage. Traditionally, more couples get married in September than in any other month. June and October take second and third place, respectively. If wedding bells are on your horizon, you may be caught up in dress adjustments or [...]

3 Ways To Maintain Your Pandemic Savings Habits

2023-05-11T15:30:09-04:00June 7th, 2021|Blog, Budgeting, Financial Planning|

3 Ways To Maintain Your Pandemic Savings Habits By: Stacey Nickens The pandemic was a devastating and challenging experience for our country, but quarantine restrictions may have helped you build healthier financial habits. Instead of eating out, you may have cooked more dinners at home. Instead of dropping money on expensive vacations, you may [...]