As 2025 comes to a close, you may benefit from understanding an investment strategy that focuses on gains and losses in non-retirement accounts. Known as tax-loss harvesting, this strategy seeks to offset investment losses in the current year to offset current or future gains! What is tax-loss harvesting?  The strategy of tax-loss harvesting involves selling investments that are down and replacing them with similar, though not identical, assets to minimize taxes on gains in the present. The...

Do you remember what year it was when a gallon of gas cost $0.63? Not everyone will, since many of us had yet been born, but the answer is 1978!   Inflation is a natural part of our economic system, which is one reason the costs of goods and services increase over time. While inflation rates vary from year to year and decade to decade, price changes create challenges for everyday people like you and me. As we lose the ability to stretch our dollars, savings rates often fall, especially for...

November is Long-Term Care Awareness Month, an observance that raises awareness of the health care risks faced by those aged 65 and above. These risks include developing disabilities or loss of independence that require home-based or assisted living care when an individual can no longer care for themselves, partially or in entirety. While it is easy to assume you will need assistance, the reality is stark: Over half of Americans who turn 65 in 2025 will face a substantial disability that...