Insights + Resources

Epic Insights

When a Windfall Comes Your Way

Dec 1, 2021

Getting rich quick can be liberating, but it can also be frustrating. A sudden wealth windfall can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or envy. You may also deal with grief or stress, as a lump sum may be linked to a death, a divorce, or a pension payout decision. (more…)

Tags: Certified Financial Planner Charlotte NC, charlotte NC, financial advisor charlotte nc, Financial Planning, Investment Planning, Personal Finance, Retirement Tax Savings, Wealth Building

Healthcare Costs are Cutting into Retirement Preparations

Nov 29, 2021

 

You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in healthcare costs during the rest of their lives.

In fact, Fidelity Investments now projects this cost at $285,000. The effort to prepare for these potential expenses is changing the big picture of retirement planning.¹

(more…)

Tags: Employee Benefit Planning, Health Care Needs, Health Care Savings, retirement, Retirement Planning

2022 Contribution Limits

Nov 24, 2021

Preparing for retirement just got a little more financial wiggle room. This week, the Internal Revenue Service (IRS) announced new contribution limits for 2022. (more…)

Tags: Certified Financial Planner Charlotte NC, Current Events, financial advisor charlotte nc, Personal Finance, tax guide, Tax Planning

Bond Purchases: When Bad News is Good News

Nov 22, 2021

Financial markets can be challenging to understand. But when markets enter a “bad news is good news” cycle, it becomes even more difficult to follow along. Enter the Fed’s decision for tapering bond purchases. (more…)

Tags: Certified Financial Planner Charlotte NC, Current Events, Personal Finance

Market Update: Many Reasons to be Thankful

Nov 19, 2021

The past year and a half have tested all of us, but overall, the economy continues to strengthen, COVID-19 trends are greatly improving, and this still relatively young bull market is alive and well. As the leaves turn colors and begin to fall to the ground, there are many reasons to be thankful. (more…)

Biden Signs Infrastructure Bill

Nov 17, 2021

At the White House on Monday, President Biden signed a $1T bipartisan infrastructure bill set to enable enhancements for transportation and utilities over the next five years.¹ (more…)

Tags: Current Events

FANNG is now MAMMA

Nov 15, 2021

CNBC’s Mad Money host Jim Cramer created the popular FAANG acronym to denote some of the largest, most powerful companies in the world: Facebook, Amazon, Apple, Netflix, and Google. Recently, changes in those companies are reflected in Cramer’s new acronym: MAMAA, which stands for Microsoft (replacing Netflix in this grouping), Alphabet, Meta, Amazon, and Apple.¹ (more…)

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