When thinking about your overall financial plan, being prepared is the best way to tackle the beginning, middle, or end of a recession. Keeping in mind your financial space is different than anyone else, here are a few considerations.
While many working people have a single source of income, retirees often have multiple sources of income. That said, retirement planning is different for everyone. We use some general principles across the board, but everyone’s situation is unique, which is why we meet our clients at their point of need.
It’s hard to believe, but it’s December 2022 already! As we close in on the end of the year it’s time to think about year-end financial planning. There are things that need to be in place by December 31, 2022, to be relevant for this tax year.
There are a lot of variables when it comes to hiring a financial planner. Every person is different, and every advisor is different. The key is finding an advisor that can help you reach your financial goals and someone who you are comfortable with and can trust.
It's never too early to start learning about money. If you're in that space where you're beginning to teach your kids or grandkids about finances, there are a few big items to keep in mind. Here are three key things to get you started.
The idea of a bear market may be new to many of you. To the average investor, a bear market can be alarming. But what is a bear market?
Social Security benefits are expected to increase by 8-9% in 2023. Here's what you need to know.
Whenever the stock market goes down, people begin to ask about opportunities. Here are a few considerations.
With six months left in the year, now is an excellent time to consider taking advantage of tax possibilities.
Something that is on our radar is a potential update to the Secure Act, which would affect non-spousal beneficiaries of IRAs. Here's what you need to know.
With all the chatter about stagflation, we wanted to answer a few common questions we’re getting at Oakwood Financial Group.
People are wondering if interest rates will go up, and ultimately, what does that mean for them? The answer to this question is complex and comprehensive, and we can’t answer it completely in this blog, but here are a few thoughts.
