WISE WEALTH

 

Retirement Planning: A Map to Changes in 2024

Navigating these demands an adaptable approach to financial planning As we kick off 2024, the world of retirement planning is undergoing a fairly significant transformation, as tax brackets, retirement contribution limits, estate and gift tax exemptions, among other...

3  Reasons to Wait Until 70 to Claim Social Security Benefits

In a rush to file for Social Security benefits at age 62? Many people are - but slow down and do the math first. When it comes to claiming Social Security retirement benefits, you may want to consider waiting to start benefits when you’re 70. That means not starting...

Relying Solely on Social Security? Please Don’t.

Five steps to prepare you for a reduction in social security benefits According to the Social Security Administration, trust funds that supply the program might run out of money as early as 2035. That’s in 15 years. This situation brings a lot of uncertainty to...
What Are Your Chances of Winning the Powerball?

What Are Your Chances of Winning the Powerball?

On January 1st, 2024, a lucky Michigan resident hit the massive Powerball Jackpot worth $842.4 million. (1) Although it is nice to fantasize about waking up one day with a ten-digit bank account, the numbers show that those chances are extremely low. While it's widely...

Building Generational Wealth With Hard Assets

Building Generational Wealth With Hard Assets

Generational wealth is the idea of building wealth that can last for several generations, allowing you to create a legacy for your family and provide financial security for future generations. One of the most effective ways to build this type of wealth can be through...