What is a risk assessment, and do I need one is a question we get asked often at Alloy Wealth. A risk assessment allows a fiduciary financial planner or investment manager to assess the level of risk a client is willing and able to take with regards to investing then...
If you are contemplating early retirement, you need to take a serious look at your finances and create a plan. It may sound ideal to retire before 60, but is it feasible? Would you be able to support your current lifestyle before having access to Social Security...
Creating an estate plan to-do list is the first step towards ensuring your wishes will be followed when you’re gone. To get started, sit down with a pen and paper, and make a list of everything you own. It doesn’t matter if you still owe on your house or car, or if...
There’s a lesson to be learned from Costco’s $1.50 hotdog that all business owners should take note of, one of building brand loyalty and trust. Costco has been selling their quarter pound all beef hot dog with a 20-ounce soda, refills included, since 1985. Not even a...
Insurance isn’t just for health and property, there are policies that can provide lifetime income in retirement, cover long term care, and much more. Today’s life insurance policies go beyond paying for funeral expenses and paying off debts when someone passes....
Since the IRS put Ruling 2023-2 into effect last spring, many people are wondering about the usefulness of irrevocable trusts. When set up correctly, irrevocable trusts can be very useful in the preservation and distributing of wealth. Because an...
