"Kiplinger" Articles

Weekend reading volatility market risk Weekend reading volatility market risk
Weekend Reading: As You Approach Retirement, C.A.N. You Handle a Market Downturn?

When it comes to volatility and finding a desired risk level within your portfolio, here is a handy acronym we at Howard Bailey even use with the families we meet with: C.A.N. you take the risk? (C-Capacity, A-Attitude and N-Need).

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Weekend Reading: The Most-Overlooked Tax Breaks for Retirees

When you’re expecting the assets you have now to last the rest of your life, taking advantage of any and all tax breaks available to you is crucial.

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Weekend Reading: Sandwich Generation: How Do You Decide Whose Needs Come First?

Whether it’s financial, physical or emotional support, you might be trying to provide care to two generations at once, which can put prioritizing your needs (financial or otherwise) on the back-burner. How do you decide who comes first?

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Weekend Reading: The Biden Tax Plan: How the Build Better Act Could Affect Your Tax Bill

All eyes are on the Build Better Act as it works its way through Congress. While nothing has been set in stone yet, it’s important to consider how the tax implications of this bill might affect your retirement plan in the event they make it through the legislative process.

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Weekend Reading: 7 Year-End Wealth Moves

A New Year is upon us, but before 2021 comes to a close, there are some ways to set yourself up for financial success into 2022 and beyond, especially in the realm of tax planning.

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Weekend Reading: Retiring in Uncertain Times? Try the Bucket Strategy!

You need your nest egg to last the rest of your life, and one way to help make that happen is via an approach called the “bucket strategy”. Here, your savings are divided into three areas – or buckets – and this article explains the purpose of each one.

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Weekend Reading: 6 Things You Can Do Right Now to Ensure Your Money Will Last in Retirement

Retirement could be the biggest transition you make in life, not to mention the most expensive. At Howard Bailey, we don’t take this lightly, which is why we developed a process.

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Weekend Reading: What You Must Know About the Different Parts of Medicare

Whether you’re a first-time enrollee, or simply want to ensure you’re maximizing Medicare coverage, it’s important to understand the benefits provided through each part.

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Weekend Reading: Financial Conversation Starters for Couples

According to a recent study, 31 percent of adults claim money is a major source of conflict in their relationship. It can be an uncomfortable topic partners often tip toe around, but it’s one of the most important areas to ensure you align on with the one you love.

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Weekend Reading: 3 Ways Early Retirees Can Minimize Their Health Insurance Costs

If you’re planning on retiring before you’re eligible for Medicare coverage (age 65), one major component you’ll need to account for is healthcare.

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Weekend Reading: 7 Ways to Prepare for Higher Taxes

As past podcast guest, David McKnight, says, “The tax train is coming,” and we should all be ready. Experts believe tax rates will increase with each passing year, and on top of that, President Biden has proposed bills that would raise both corporate taxes and the long-term capital gains rate tax for anyone making more than $1 million per year.

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Weekend Reading: The Financial Fiduciary Standard Explained

Many buzzwords circulate the financial industry, and ‘fiduciary’ is one.