There are hundreds of articles on the so-called “biggest financial mistakes” that people make and some tips on avoiding them. We’re used to seeing common examples of how peoples’ activities, like overspending or making minimum payments, may get people in trouble....
If you’re one of the approximately 70 million retired Americans collecting Social Security benefits, you’ll see an 8.7% Cost-of-Living Adjustment (COLA) increase in 2023. Supplemental Security Income (SSI) beneficiaries will see increased payments starting December...
Thoughtful Advisors is very proud to announce our new Thoughtful Retirement Plan portal is online! If you haven’t opened a 401(k) plan because you thought they were too expensive, too time consuming or didn’t want someone bothering you,...
We get a lot of questions about investments, especially retirement plans. While everyone has different needs and goals, here are a few common questions we receive, and some basics to consider. When should I start investing? Every person is different, but the general...
We are in the middle of a historic financial situation. Take a moment and look at this chart. Through mid October, stocks (S&P 500) AND bonds (10yr US Treasury) AND 60-40 allocation are negative. The yellow indicates this is the...
