Center for Wealth Management Advisory

2027 COLA Countdown: Social Security Retirees Should Mark Their Calendars for Oct. 14

Retirees will soon find out how much their benefits will increase in 2027.

3h ago The Motley Fool

The Forever Paycheck (A Book Review)

By Fritz Gilbert, originally published at The Retirement Manifesto. For decades, the retirement savings advice has been consistent: Save more than you spend. Invest the difference wisely. Max out your 401(k). Reach your number. But then something strange happens. You retire. Suddenly, the behavior that helped you become financially secure doesn’t […]

5h ago

Fritz Gilbert

Articulating The Evolving Value Of Financial Planning To Prospects: Kitces & Carl 200

Given that financial advice is usually, to say the least, not inexpensive, financial advisors often need to be prepared to explain their fee in the context of the value that is offered. This conversation includes how advisors charge for their advice and what they are charging for, especially as the fundamental value proposition of financial […]

9h ago

Michael Kitces

How Much Do You Need to Retire? 4 Questions to Ask Yourself

By Wes Moss, originally published at Capital Investment Advisors. How much do you need to retire? If you listen to enough headlines, the answer may start to sound like “more than you’ll ever have.” That kind of thinking may influence some Americans to work longer than they otherwise might. Based on our research on retirement […]

17h ago

Wes Moss

Here’s How Much the Average Social Security Benefit Is Expected to Grow Based on Current Estimates

It would be a larger-than-normal boost.

1d ago The Motley Fool

When Should You Claim Social Security if You Have Plenty of Savings?

It's a decision that could go either way.

1d ago The Motley Fool

5 Secrets of 401(k) Millionaires

More everyday people than ever have become 401(k) millionaires. How they went about it may be boring, but it's effective.

1d ago The Motley Fool

Minimizing The Impact Of The New 0.5%-Of-AGI Floor On Charitable Contributions And 2/37ths Reduction Of Itemized Deductions

For many years, the U.S. tax code has incentivized individuals to give to charitable causes by allowing an itemized deduction for charitable contributions. Although the amount that an individual could deduct was limited to a certain percentage of their Adjusted Gross Income (AGI) based on the type of property contributed and the type of organization […]

1d ago

Michael Kitces