Blog - Wealth and Investment Services

Navigating Market Volatility–or Not

Market volatility could spook even the most seasoned investor. If a precipitous week or two in the market has you ready to sell, you may want to reconsider your risk tolerance and asset allocation. Attempting to time the market by selling during a drop could often mean missing the prime point of re-entry—selling low and buying high or selling low and failing to buy at all. What should investors consider when navigating market volatility?

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Managing Bond Risks When Interest Rates Rise

Blog / By elizabeth fogarty

After dropping the benchmark federal funds rate to a rock-bottom range of 0%–0.25% early in the pandemic, the Federal Open Market Committee has begun raising the rate toward more typical historical levels in response to high inflation.

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Inherited IRAs: What You Should Know

Blog / By elizabeth fogarty

The rules pertaining to Individual Retirement Account (IRA) beneficiaries can be complicated. Here is a quick look at the limitations the Internal Revenue Service (IRS) places on the beneficiaries of IRAs.

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If Social Security Falls Short – Have a Plan

Blog / By elizabeth fogarty

It’s important to take a long, hard look at your current savings strategy to ensure you’ll be able to compensate for this, or any other, retirement income shortfall.

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Black Swans: Short-Term Crisis, Long-Term Opportunity

Blog / By elizabeth fogarty

Buy on Fear, Sell on Greed? Legendary investor Warren Buffet is a big proponent of this strategy. When others are greedy—typically when prices are boiling over—assets may be overpriced. On the flipside, there may be good buying opportunities when others are fearful.

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3 Estate Planning Tips for Small-Business Owners

Blog / By elizabeth fogarty

For business owners, estate planning may seem like another task to do on a long to-do list. Having a solid estate and succession plan in place may be crucial to your business\’s long-term success. If you are incapable of making business decisions, or if you unexpectedly pass away without an estate plan, your heirs may

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A Guide to Retirement Planning for Doctors

Blog / By elizabeth fogarty

Working in medicine may be challenging, especially with the strain placed on health care professionals throughout the COVID-19 pandemic. Working towards a comfortable early retirement may be a financial goal for some physicians. Here are some suggestions that doctors may use to manage financial independence. Investigate Qualified Retirement Plans Physicians are often subject to complex

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Working During Retirement

Blog / By elizabeth fogarty

Planning on working during retirement? If so, you\’re not alone. An increasing number of employees nearing retirement plan to work at least some period of time during their retirement years. Why work during retirement? Obviously, if you work during retirement, you\’ll be earning money and relying less on your retirement savings — leaving more to

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What to Do if You Underpay Your Taxes

Blog / By elizabeth fogarty

Every year, there are taxpayers that underpay their taxes. It just happens. But if you do that, no matter how innocent your underpayment might have been, you can be subject to penalties. The IRS issued a statement to help those who underpay to avoid penalties. From the IRS: “Taxpayers who paid too little tax during

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Everything Older Workers Need to Know About Retiring

Blog / By elizabeth fogarty

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 nerve-wracking, even if you\’ve diligently saved and planned. Below, we discuss a few steps you may wish to take to potentially make this

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