In 2025, about 63 million American adults were providing ongoing care for a child or another adult with a medical condition or disability, according to AARP’s Caregiving in the U.S. Research Report. That is nearly one in four adults nationwide, and it’s a significant 45% increase since the Caregiving in the U.S. study was last […]
Navigating Caregiving: Practical Ideas for a Complex Role Read More »
As of June 22, the market capitalization of the U.S. stock market totaled $81 trillion, according to Deutsche Bank and Bloomberg. China is a distant second at $16 trillion, followed by Japan at $9 trillion. Even China stands in the shadow of just seven fast-growing U.S. firms—the so-called Magnificent Seven—with a combined market capitalization of
Celebrating 250 Years of the American Spirit Read More »
The One Big Beautiful Bill Act (OBBBA) introduced several tax changes that create valuable planning opportunities for small business owners. While many of these provisions can significantly reduce taxes, the biggest mistake business owners can make is assuming every deduction or election automatically benefits them. The reality is that effective tax planning isn’t about claiming
7 Tax Planning Opportunities Every Small Business Owner Should Review This Year Read More »
Most people spend decades focused on one financial goal: saving for retirement. They contribute to 401(k)s, IRAs, brokerage accounts, and pensions with the expectation that once retirement arrives, the hard part is over. Unfortunately, that’s often when a new challenge begins. Many retirees discover that the tax rules governing retirement income are far more complicated
How Tax Planning Changes Through the Four Stages of Retirement Read More »
Many assume that a happy retirement comes down to building enough wealth over a lifetime of work that will ensure comfort in their later years. In simple terms, will the financial assets accumulated generate the monthly income necessary to sustain their retirement lifestyle? If they can check that box, well, they are golden…or so they
Choose a Happy Retirement Read More »
Strong momentum that began in April carried through May, with major stock indexes continuing to climb to new highs. Despite concerns that might normally cool enthusiasm, what fueled the advance? Well, there were two competing themes that dominated market action during May. First, Treasury bond yields trended higher last month in response to concerns about
May’s Market Momentum Read More »
Michael Adams is founder of Environics Research Group, a leader in social values research, and author of a book on boomers in retirement. He contrasts the attitudes toward retirement of early boomers (who were then ages 53 to 62) with the previous generation of retirees, who were in their 60s in 1992. As an example,
The Coming Retirement Revolution—And 7 Things It Means for You Read More »
When we last visited with you, markets were struggling under the weight of higher oil prices and uncertainty tied to the war with Iran. While a ceasefire has helped alleviate some worries, as we enter May, oil prices remain elevated, gasoline prices average over $4 per gallon, and the conflict in the Middle East has
March showers bring April flowers Read More »
Retirement as a formal idea and lifestyle is a relatively modern concept. For most of human history, people worked until they were physically unable and then relied on family or community support. It wasn’t until the industrial age that the concept of retirement was born. In 1875, the American Express Company established the first
Not All Retirement Accounts Are the Same: What Everyone Should Know Read More »