Giving season is upon us and taxpayers of all kinds will be rushing to make charitable contributions before year’s end. To contextualize the significance of giving during this time of year, close to 1 in 3 donors conduct their giving in December, while more than 1...
Whether you’re caring for aging parents, a disabled family member, or an adult child, you know how challenging, yet rewarding, the work can be. The fact is, supporting an adult dependent can put a significant strain on your finances, especially if you’re relying on...
Every dollar counts in this highly-inflationary economy. When it comes to managing personal finances, employee benefits are often overlooked as a potential source of savings. Many choose to simply re-elect last year’s workplace benefits without giving them a second...
As the Baby Boomer and Gen X generations reach retirement age, many are taking another look at their retirement savings plans hoping to identify opportunities for tax reductions. For those with tax-deferred plans like traditional IRAs and 401(k)s, Roth conversion...
When it comes to saving for your child’s education, the earlier you can start, the easier it will be to reach your goal. A modest contribution today could amount to a larger sum by the time your child is ready for school. Let’s take a closer look at a few of the different education savings plans available to you.
Remember that recessions are part of the normal cycle of any economy, and we have weathered some significant ones in recent decades. Not every recession degenerates into complete upheaval, as we experienced during the lowest point of the pandemic and during the Great Recession of December, 2007 - June, 2009. It’s important not to become anxious when things begin to turn and instead lean on the perspective that we’ve gained from past periods of economic downturn.
The new year is a great time to evaluate your financial goals and your plan to meet them. Here are 7 tips for starting the new year off on the right foot when it comes to your financial goals!
This post was written by Bob Keane, CFP® – Financial Advisor In early October, the Senate & House agreed to a temporary increase in the Federal debt ceiling of $480 billion which should facilitate US Treasury borrowing through early December. Once the Treasury...
When choosing a financial planner or firm, it’s important to find a person or team that aligns with your own goals, approach, and long-term needs. In addition to investigating how your potential planner approaches asset and wealth management, it’s key to understand...
At Peninsula Wealth, we believe the best financial plan is a personal one, built around your individual needs and assets — but that doesn’t mean that financial planning should be a solo sport. The best plans for the future will take into consideration not only your...
