Retirement
Health Savings Accounts: The Ultimate Retirement Account
Submitted by Desmond Wealth Management, Inc. on April 22nd, 2022It isn’t easy to make predictions, especially about the future. However, there is one prediction we’re confident in making: you will have substantial out-of-pocket expenses for health care after you retire. Personal finance experts estimate that an average retired couple age 65 will need at least $300,000 to cover health care expenses in retirement.
You may need more.
Six Financial Best Practices for Year-End 2021
Submitted by Desmond Wealth Management, Inc. on December 11th, 2021Tax Planning in Turbulent Times Part 1: The Tools of the Tax-Planning Trade
Submitted by Desmond Wealth Management, Inc. on October 16th, 2021Whether you’re saving, investing, spending, bequeathing or receiving wealth, there’s scarcely a move you can make without considering how taxes might influence the outcome. No wonder people get nervous when there’s lots of talk about higher taxes, but little certainty on what may come of it, and who it might affect.
Is Inflation Haunting Your Financial Dreams? Part 2: What We Can Do About It
Submitted by Desmond Wealth Management, Inc. on September 15th, 2021The Building Blocks of a Retirement Tier
Submitted by Desmond Wealth Management, Inc. on September 7th, 2021When employees think about what it means to have enough money to retire, more than likely they are unsure how to translate their lifetime savings into income. For their entire working life, these employees receive regular paychecks; from this income, they generally construct a budget to cover their basic expenses.