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The future you want, the money to do it.
Education is a key component of our planning and investment process. We share our expertise with you through our blog so that you can have a deeper understanding of your finances and the decisions surrounding them.
The Latest From Our Blog
Thinking About Donating Your Stock to Charity?
Doing so is a powerful tax strategy to optimize your charitable giving. For investors seeking to support charitable causes while maximizing their tax benefits, donating stock instead of cash can provide significant advantages. By contributing appreciated securities to a qualified charity, investors can potentially deduct the full fair market...
How to Plan for Healthcare Costs: 4 Stages to Consider
As healthcare costs increase, planning is crucial. How can you prepare for future needs? Here are four stages to consider and what to do in each stage. 1. Pre-Retirement While working, healthcare costs often blend into general living expenses. We account for income and savings, and the remainder typically goes toward essential expenses,...
A Guide to Required Minimum Distributions (RMDs): 3 Things to Know
With less than three months left in the year, it’s time to think about end-of-year to-dos. One priority is to satisfy your Required Minimum Distributions, or RMDs, before December 31st. If you're a client of Credent, we have probably discussed your RMDs and may have helped you fulfill them already. If you’re not a client or you're not sure...
Implications of the Hamas Incursion Against Israel
What has happened? On October 7th, the militant Islamist group Hamas fired missiles from Gaza and sent its fighters into Southern Israel, prompting Israeli Prime Minister Benjamin Netanyahu to declare war. As of October 9th, reports indicate that the conflict has resulted in over 700 Israeli casualties, primarily citizens, and 500...
U.S. Government Shutdowns & Implications for Equity Market Participation
The U.S. government avoided a shutdown on October 1, 2023, after Congress approved legislation to extend the deadline to pass all appropriation bills to November 17, 2023. Should Congress fail to fund the government for the next fiscal year by this deadline, a government shutdown may ensue. However, if history is any guide, a U.S....
Keeping Your Feet on the Ground in Times of Change
Some life transitions, such as a career change, are planned, while others, such as job loss, are often sudden and unexpected. One common thread running through all transitions is the insecurity of wondering if you will have enough money to get you through each phase. This concern may be exacerbated by not knowing exactly when the transition will...
Retirement Planning Does Not Stop in Retirement
Five easy pointers to help you plan during all of your retirement years. If you’re retired, the good news is that you’ll probably live longer and perhaps better than your parents and grandparents did. The bad news: You’ll live a longer and perhaps more expensive life too. You face decisions your parents or grandparents likely didn’t face before...
Our View of 2023: August Update
Notes on Increasingly Optimistic > Labor Market & Consumer Sentiment Our assessment on consumer consumption, the labor market, and overall consumer sentiment proved largely accurate and may continue to play out through the rest of 2023. Insight on consumer consumption patterns can be taken from major retailers like Walmart, Target, and...
Financial Planning for a Meaningful Life – 5 Planning Tips
“Wealth, by contrast, is funded contentment. It is the ability to underwrite a meaningful life – however one chooses to define that.” 1 - Brian Portnoy Should you work with a financial advisor who vows that their only mission is to make you as much money as possible? “Yes, of course!” seems like the obvious answer. While making money is...
Addressing Care Options Now for Your Aging Parents
Whether they want the role or not, adult children often find themselves in the position of primary caregiver for their parents. Unfortunately, many of us are not prepared for that role. We often find ourselves so engrossed in how fast our own children are growing up that it’s sometimes easy to forget that our own parents are also aging. If you...