Do You Need a Budget in Retirement?

You saved diligently, invested carefully, and now you have a sizable nest egg that can most likely replace 80% of your pre-retirement income. Why should you go through the tiresome process of creating a budget? No matter how carefully you plan, many things are out of...

September Investment Update

After the bear market rally in July was extended for the first few weeks of August, Federal Reserve Chairman Powell used the Fed’s annual Jackson Hole symposium to clarify the Fed’s position on future rate increases. Powell was clear that there would be no “Fed Pivot”...

Student Loan Forgiveness: The Basics

Millions of U.S. college graduates have begun their careers with a crushing student loan debt balance. In fact, 40 million Americans owe more than $1.7 trillion in total loan debt. This equates to more than 50% of students graduating with significant debt.[1] The...

Maryland Student Loan Debt Relief Tax Credit

If you, or anyone you know, lives in Maryland and has student loans, you could be eligible for a little known, but very valuable state tax credit!    What is it?  Maryland offers a Student Loan Debt Relief Tax Credit, to Maryland taxpayers that maintain Maryland...

Stocks, Twitter Polls, and Market Games

On Saturday November 6th, 2021, Tesla CEO Elon Musk released a Twitter poll asking if he should sell 10% of his Tesla holdings. Out of 3.5 million responses, 58% of them supported selling the shares. Since then, Musk has sold over $10 billion worth of stock, but still...

Year-end Money Moves

As 2021 draws to a close, now is a good time to consider smart money moves. “It’s a marathon, not a sprint” may be an overused phrase, but behind every overused cliche there is some element of truth. The majority of financial outcomes are a function of...