Blog

Taxpayers and retirement-focused investors have plenty to be concerned about over the next few years. Economic uncertainty, high inflation, and potential policy changes could bring more legal and economic change. In addition to this, many of the provisions in the 2017 Tax Cuts and Jobs Act are scheduled to sunset after 2025.1 What could that mean? There is potential for tax increases, particularly for high-net-worth Americans. Capital gains tax rates could increase to match o

What does it take to live your best life in retirement? How much happier will you be when you retire? Most of us have pretty high hopes for retired life.1 We expect to be a lot happier as retirees, looking forward to more free time to travel, relax, and enjoy ourselves.1 The reality doesn’t necessarily play out that way according to a study of over 2,000 retirees and pre-retirees.1 In fact, many retirees look back wishing they had planned differently and known more ahead of t

How often do you discuss family wealth and inheritance? If you’re like most, it’s probably not a topic of conversation.1 This could be due to its sensitive nature, or because you and your loved ones haven’t considered how to build wealth together – or how to transfer it across generations.2 However, avoiding these conversations can lead to problems, especially with the “Great Wealth Transfer” (GWT) now underway. The Great Wealth Transfer refers to the transition of ~$84 trill

What are tariffs? Tariffs are taxes or duties imposed by a government on imported goods. While historically used as a source of revenue for governments, they are now used primarily to help protect domestic industries by making foreign products more expensive.   Why tariffs now? In addition to President Donald Trump’s policies emphasizing using tariffs as a tool to help protect American industries and address trade imbalances, they are also being used to help reign in illegal

During my recent beach vacation, I was reminded of the importance of staying calm amidst market fluctuations. A few of the days I was there, the lifeguards had issued strong warnings of rip tide currents in the area. Just like the unpredictable rip tides of the ocean, the financial markets are known for their highs and lows. Watching the waves crash and recede made me realize that much like the ocean, the market’s volatility is a natural part of its rhythm. It’s crucial for i

Having now completed 5 marathons and numerous half-marathons, one thing I learned was to fix my mind on what I wanted to accomplish.  If I walked out the door saying, “I’ll just run for the heck of it today.”  Without exception, I would be back at the house shortly after leaving.  If I needed to run 6 miles, I had to walk out the front door telling myself “You are running 6 today.”  Running with a purpose brought about the desired result. Many things in life work this way.  A

Hiring a financial advisor is a big decision. One not to be taken lightly. If you are contemplating the possibility, consider the...

A Roth IRA is a type of individual retirement account that’s funded with after-tax money. Roths, as they are commonly referred to offer...

Perhaps fewer things in life are understood less than the work that is performed by a financial advisor. This is, no doubt, due to the...

Periods of volatility in the market can be unsettling for investors. A dip in the market can spark anxiety, fuel uncertainty, and trigger...

There is nothing more unsettling for a small business owner than trying to make decisions in a vacuum. To realize something needs to be...

One of the issues we address regularly at Ironwood Financial Group is the issue of direction, or more pointedly, the lack of direction! Small business owners know they should be going somewhere financially, that their portfolio should be taking them there, but they are often unsure how to make that happen. If this sounds like your situation, consider these three essential steps to help establish purpose and direction in your investing. First, identify your values! Seems simpl

From family and friends to business partnerships, the foundation of any long-lasting relationship is trust. In his book, The Trusted...

Working with a financial advisor involves more than figuring out the right allocation between stocks and bonds in your portfolio. There...

Successful investing depends on choosing the right allocations for your portfolio, but equally important are the habits that support...

Successful investing depends on choosing the right allocations for your portfolio, but equally important is having the right attitudes...

Simply put, a budget is a plan of how you intend to spend your money based on your unique set of values, goals, and aspirations. A budget...

Set Goals. Goal setting, which is the art of beginning with the end in mind, is vital to pursuing and achieving financial success. Goals...

A common question people ask is whether they should use a Financial Advisor to assist in the development of a financial plan and the...

The best financial decisions are never made in a vacuum. They are made in a context. In fact, they are made in a context that includes...

Discover and implement your unique “money vision.” A “money vision” is like a map. It tells the story of your life. It captures where...

What does caffeine, kids, and your financial future have in common? Perhaps several things, but for sure, each of them can keep you up at...

Efficiency is to a portfolio what training is to an athlete. It enhances the performance, it expands the opportunities, and eliminates...

There is nothing more unsettling than trying to make decisions in a vacuum. To realize something needs to be done and to not have the...