Working towards a comfortable early retirement may be a financial goal for some physicians especially with the strain placed on health care professionals throughout the COVID-19 pandemic. Here ar...
Going into the final weeks of tax season, this is a perfect opportunity to get rid of clutter, review your asset allocations and make the necessary changes if your portfolio has strayed from your ...
Many workers have been dreaming of retirement since they first entered the workforce. However, once this retirement date draws near, the prospect of giving up your primary source of income may be ...
Happy St. Patrick's Day! When it comes to investing, luck may play a huge role in outcomes—no matter how hard you work. Here are some ways that luck may impact your investing, as well as some step...
One of the more important events you will face in life is retirement. If you have reached a point where retirement is the next big step, you need to develop a strategy that will help you cross the...
With a strong labor market and December 2021's inflation rate near 7%, the target range for the Federal Funds Rate will begin to increase as a way to help contain soaring inflation. How does an in...
Stocks have gotten off to a very rocky start in 2022, with the potential for Federal Reserve rate hikes coming and the geopolitical worries over Russia and Ukraine only adding to the uncertainty.
As we make our way through 2022, maybe the dream of early retirement has begun to take shape in your mind. Take a look at our pre-retirement checklist to make early (or earlier) retirement a reality:
Most investors have probably heard the terms bull market and bear market used to describe these conditions, but not all of them truly understand the difference between the two, or what to do when ...
If you haven't taken a look at your overall finances lately, now may be a good time to tidy things up a bit. Here are some tips to help you straighten up your financial house:
Happy Valentine's Day! While flowers and chocolates may be the most common gifts exchanged, why not consider a gift that may grow in value year after year? Check out some of our ideas:
Today, many people are concerned about saving for retirement or paying for a child's college education. If you belong to this group, now may be the time to organize your finances. Here are some st...
Medicare premiums, deductibles, and coinsurance amounts change annually. Here's a look at some of the costs that will apply in 2022 if you're enrolled in Original Medicare Part A and Part B:
How this January 2022 market turbulence affects you depends upon how old you are. For people in or near retirement, it is scary – yet there are ways to offset a shrinking stock portfolio. Regardle...
Tax identity theft is a problem that many potential victims do not see coming. Here are a few ways you can protect yourself against tax identity theft this tax season:
There's no better time to check in on your financial wellness than the start of a new year. Financial Wellness Month encourages us to focus on our finances and develop a plan. Here are a few ways ...
With inflation on the rise, the IRS increased the 2022 contribution limits for some retirement accounts. Here is what retirement savers need to know about the increases allowed in 2022:
Financial professionals don't provide tax advice but can provide information on the tax consequences of specific investments you have as part of financial planning. Learn more:
2021 was a typical year for markets, but it also reinforced some basic market lessons that are hard to learn, even if they are not new. As we launch into the New Year, we're highlighting three 202...
At the beginning of each year, and regularly after that, it may be a wise idea to take stock of finances and make some changes to help improve your financial life. Here are five resolutions you ma...
Getting ready for retirement is both exciting and daunting. If your retirement years are on the horizon, below are a few new year's resolutions that may help put you on track:
For many people, a new year provides a new start—and nothing says new start like a fresh new set of financial goals. What steps should you take to get the most bang for your buck over the next yea...
For many people, a new year provides a new start—and nothing says new start like a fresh new set of financial goals. What steps should you take to get the most bang for your buck over the next year...
If we are approaching the middle of an economic cycle with at least a few more years left, then we believe the chances of another good year for stocks in 2022 are quite high. Learn more:
You probably spend more time planning your holiday gathering than preparing for your golden years. As a result, you make basic mistakes in trying to fund your retirement. Here are a few of the top...
Are you thinking about bailing out of stocks before year-end while the capital gains rate is low? Before you hit the sell button, think it over carefully. Next year, those rates could rise. Learn ...
It's hard to believe we are already approaching the end of another year, and the holiday season is beginning. Here are eight tips to help you start the New Year holiday debt-free from holiday spe...
LPL Outlook 2022: Passing the Baton reviews the economy, stocks, and bonds, and insights on what we can expect in the economy, stocks, and bonds through 2022.
One variable that is hard to plan for in retirement is taxes. We don't even know what the tax rates will be next year, so how can you plan for 20 years or more in the future? There are steps you ca...
In a late-October, Congress passed a trillion-dollar bill designed to preserve, revitalize, and expand the country's infrastructure. How will the infrastructure bill impact investors? Learn more:
It's December, and that means it's crunch time for the gift-buying season. This year, a little thinking outside the box will go a long way toward putting a smile on loved ones' faces. Whether you'...
Tax planning can be beneficial when done before the end of the year. Opportunities exist for you to mitigate tax liability, which may leave more income for you and your family. Here are some tips ...
Charitable giving can play a valuable role in your financial and tax strategies. Here are some strategies that can be used to create a giving plan that is both beneficial and appropriate for you:
The Treasury Department revamped its projection and concluded that the Social Security fund will be dry by 2033, one year earlier than reported last year. Why is Social Security drying up so fast ...
After an upside inflation surprise in October, it's clear that peak inflation may still be ahead, possibly even pushing into 2022. Here are five signs to watch for over the next several months tha...
Don't let the end of the year sneak up on you. Set aside sometime this month to focus on year-end planning and head into the new year feeling confident about your financial health. Here's our check...
Among the many provisions being debated in Congress is a provision that would eliminate a strategy that allows high-income investors to pursue tax-free retirement income: the back-door Roth IRA. L...
Year-end planning is especially important for retirees and those hoping to retire this year or next. Here are some tax and income strategies to consider when planning the end of the 2021 tax year a...
By reviewing your finances periodically and tracking your progress, you may be in a better position to work towards financial independence and pursue the retirement of your dreams. Here are some i...