Kristin McKenna, Senior Contributor President, Darrow Wealth Management in Boston, MA https://www.forbes.com/sites/kristinmckenna/2024/06/25/major tax-changes-are-coming-in-2026-are-you-ready/ The 2017 Tax Cuts and Jobs Act brought sweeping changes to the tax code,...

According to a recent study, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household.[1] There are many things to consider when choosing how to claim your benefit, and there’s no one-size-fits-all...

The end of the year is a good time to reflect on 2021, how your financial situation may have changed, and your goals for next year. Maybe2022 is the year you’ll retire, or maybe not. Either way, you can review your investment strategy and prepare for 2022 and beyond....

Tax Day is April 18th this year, due to the Emancipation Day holiday in Washington D.C. on the 15th.This is a good time of year to review your finances and think about your long-term tax strategy. Tax Day will be here before you know it, so know these important tax...

Once you’ve saved enough for retirement, the question becomes how you’ll make your savings last for the rest of your life. Higher costs make this difficult, and we’ve been seeing higher costs as a result of inflation for some months. It’s important to know how...

Before you know it, Tax Day will be here, so it’s best to start getting ready now. Beyond your tax bill this year, don’t forget about your tax bill in the future, even in retirement. Taxes don’t stop when you stop receiving a paycheck, and they could be one of your...

Now that you’re nearing retirement, the term “market volatility” might stir up different feelings than it did 30 years ago. Older workers and retirees understand that they have less time to make up for losses in their investments and to ride out future market crashes...

There’s a lot of investing advice out there, but how do you know what’s right or what’s right for your specific situation? The rules can change a bit when you get closer to and enter retirement, and the world of investing is constantly changing. There’s a lot to know...

Russia’s invasion of Ukraine could have major economic consequences around the world, including here in America.  After a tumultuous two years during the pandemic, the global economy faces new threats as a result of this conflict – spiking energy prices and inflation,...

In 1960, a gallon of conventional whole milk was 31 cents, and today it’s $3.77 on average.[1]A few dollars might not seem like much, but that’s a 1,116% increase. Now that we’re seeing high inflation, the buying power of your money – including your retirement savings...