To many working individuals, Social Security is merely a portion of funds taken out of your paycheck every month. But for some people, it can be either all or a portion of their monthly income whether they’re retired, disabled, widowed, or caring for someone disabled.
Receiving an inheritance, whether it be from a family member’s unfortunate passing, or if you are gifted a large sum, can be overwhelming. And while the stress of figuring out where to put the money can be burdensome, it’s important to make a decision relatively quickly.
If you’re like us at Bellwether Wealth, you like to plan for every situation when it comes to your finances to be sure that you can handle whatever comes your way. But what about the unexpected (and unpleasant) changes you can’t plan for, such as a divorce, or death of a spouse?
Baseball (and humorous quote) legend Yogi Berra is quoted as saying, “If you don't know where you are going, you'll end up someplace else.” The truth is, without a roadmap, and a plan, “getting there Tags:
Without fail as Tax Day approaches every year, the mind whirls while you check boxes and fill in numbers about everything you could have, should have, would have done to save more money on taxes. Could you have saved more? Invested better? Been smarter at charitable giving? Probably.