When it comes to planning your financial future, questions can feel endless — especially with constant headlines, shifting markets, and information overload. At CommunityAmerica Wealth Management, we know every member’s financial journey is unique, but many share the same concerns.
We sat down with Matt Fitzgerald, Director of Wealth Management, to address some of the questions we hear most often. These insights are designed to meet you where you are and help you feel more secure on your path toward financial peace of mind.
The Top Questions Members Ask
1. How do I cut through the noise and focus on what really matters?
Answer: You’re right — there’s a lot of information, and it seems to change constantly. What I’ve seen work best is establishing a goals-driven financial plan. Having that plan creates a framework that keeps you focused on what matters most to you, rather than getting lost in the latest market chatter or headline.
Once you have defined your goals, a wealth advisor can assist in aligning your investments to help meet those goals. For those later in their investment cycle or with a more conservative risk tolerance, it could mean rebalancing into higher-quality bonds or defensive stocks such as utilities, consumer staples, or healthcare.
2. What’s the value of tax-efficient investing?
Tax-efficient investing works to maximize your after-tax returns by reducing the “tax drag” on your investment performance. A simple way to start is by maxing out a 401(k) or IRA — especially if your employer offers a match. That step alone provides tax deductions and tax-deferred growth. Beyond that, a Wealth Advisor can help you tailor additional strategies to fit your long-term goals.
3. Where can I invest if I want steady, reliable income?
There’s no one-size-fits-all answer. For lower risk tolerance investors, options include Certificates of Deposit (CDs), investment-grade bonds, or fixed annuities. For those open to more risk, dividend-paying stocks, real estate holdings, or variable annuities could be appropriate. The right choice depends on your appetite for risk and your broader financial plan.
4. What does it take to build and protect wealth for a lifetime — and even for future generations?
It starts with a well-designed plan and the discipline to stick with it over time. Reviewing and adjusting the plan periodically is key. From there, your Wealth Advisor can help coordinate with legal professionals to establish wills, trusts, and powers of attorney. These steps help ensure your wealth is protected today and transferred effectively in the future.
5. As I approach retirement, how should I adjust my plan and portfolio in today’s market?
Clarity begins with a retirement budget and spending strategy. Defining essential expenses (like housing and healthcare) and identifying reliable income sources provides a solid foundation. From there, many investors shift their portfolios to reduce risk — for example, rebalancing their assets into higher-quality bonds or defensive stocks. Diversification and income-producing investments also play an important role.
Some retirees choose a “bucketing strategy”, separating assets into accounts for short-term needs versus long-term goals. Ultimately, it’s about aligning your portfolio with your stage of life.
6. How can I balance raising children while also supporting aging parents?
This “sandwich generation” challenge is very real. A comprehensive financial plan that accounts for both children’s needs and parental support can make a big difference. Honest conversations with family members also help set expectations.
And most importantly — don’t forget your own retirement. Neglecting it could unintentionally pass financial strain onto the next generation.
No matter where you are on your financial journey, developing a plan — and having trusted guidance — makes all the difference. The right strategy isn’t about chasing trends or reacting to headlines. It’s about creating a plan that supports your goals, your family, and your future.
At CommunityAmerica Wealth Management, our Wealth Advisors are here to walk alongside you, answering your questions and helping you make decisions with clarity and confidence. If you’re ready to take the next step, we invite you to connect with us and explore how we can help you thrive — today and for years to come.
