For some, the thought of financial planning creates a sense of overwhelming uneasiness – but it doesn’t have to be that way. Financial planning doesn’t always consist of the tedious process of tracking down and gathering all your various financial documents and statements.
2023 brings a fresh start for Americans with new rules that affect those who are currently retired or saving for retirement. Required minimum distributions (RMDs) have changed and greater contributions can be made to retirement accounts. Whichever group you’re in, here are the changes (they’re good ones!) you can look forward to.
As we start a new year, now is a great time to take stock of what’s happened financially in the past year and think about what changes can be made in the year ahead. Many experts are forecasting the possibility of a recession in 2023, though many believe that it is likely to be mild. In our recent podcast, we discussed what a recession is and the steps you can take now to prepare and plan for the year ahead. We’ll also dive into them here.
Living in the Midwest, we are no stranger to winter weather. Although the 2023 winter storm season has been quiet so far, these storms can strike at any time, bringing extreme cold, freezing rain, snow, ice, and high winds. Here are some tips to being prepared for that inevitable next winter storm.
Nothing creates the perfect winter weather ambiance as well as a log in the fireplace and family gathered around to bask in its warmth and glow. Of course, playing with or near fire can be dangerous, so remember these tips from the American Academy of Pediatrics before lighting your next fire at home.
Retirement is undeniably a major life and financial transition. Although you may feel as though you’ve thought of everything, it’s important you don’t grow nonchalant about some of the financial challenges that retirement poses, for not all are immediately obvious.