Articles, Market Commentary
& More

Financial technology (FinTech) has transformed money management, offering speed and convenience. However, recent failures like Synapse Financial Technologies’ collapse expose hidden risks. Understanding where your money is truly held—bank or non-bank—is crucial to ensuring financial security in the digital age.

While many understand the importance of estate planning, simply having a will or trust in place isn’t enough. A truly ideal estate plan requires a harmonious alignment of beneficiary designations, asset titles, and legal documents.

Managing expenses wisely is key to financial stability. Refining your budget can be challenging, whether tackling recurring bills or curbing impulsive spending. Let’s explore how to categorize expenses, cut unnecessary costs, and reallocate savings to help build long-term financial success.

Planning for healthcare costs in retirement is essential but often overlooked. With an estimated $165,000 needed for medical expenses, understanding Medicare, supplemental insurance, and savings options like HSAs can help secure your financial future while maintaining your desired lifestyle.

Some situations are easily accepted, while others require adjusting our expectations. Unrealistic financial expectations can lead to disappointment and diminished wealth confidence. Embracing realism allows us to focus on controllable factors like saving, investing, and debt avoidance, to help increase our chances of reaching our financial goals and boosting confidence.

Inheriting a large sum of money can be a life-changing event. It may be fun to spend the money right away, but it is important to take a step back and consider your values and goals.

As retirees shift from saving during the accumulation phase to spending in the distribution phase, they frequently face emotional hurdles and uncertainties. In this FAQ, we explore typical concerns and present practical strategies to help navigate this pivotal life transition.

Small financial accounts without designated beneficiaries might seem insignificant, but they can complicate estate administration, adding unnecessary stress for your executor—often a grieving spouse or family member.

Nearly a quarter of Americans prefer to take their vacations during the winter. But what if you’re retired and want to stay longer? Consider becoming a “snowbird.”

If you expect to serve as an executor of an estate, it is crucial for you to familiarize yourself with the duties of an executor or trustee and understand the administration process.

While discussing finances with your partner can be a sensitive topic, it doesn’t have to be. In fact, having conversations about financial planning can be informative and even enjoyable, helping couples determine if their financial goals align.

Supporting adult children financially while encouraging their independence is a common parental challenge. The level of support – from monthly assistance to down payments – impacts family relationships and future financial habits.