As Head of Financial Planning, Jason is a strategic partner who is responsible for developing the strategy, managing the planner teams, and coordinating personal financial planning activities across Citizens Wealth Management to help clients navigate and grow in changing circumstances. Today, the average American retires at around age 63. But what if youre thinking about … Read more
It’s no secret that estate planning can be a confusing area of U.S. law. From choosing a will to tax planning, preparing for and understanding the probate process can be overwhelming for many Texas families. While it can be easy to assume that trusts are only necessary for wealthy or influential people, this isn’t true. … Read more
Are you dreaming of buying your first home but struggling to save enough for that down payment? You might be sitting on a potential solution without even realizing it – your Roth IRA. But before you start withdrawing funds, let’s dive into everything you need to know about using your retirement savings to purchase a … Read more
Turning Your Windfall Into Lasting Wealth So you’ve just received a $200000 inheritance. First off, congrats! It’s a bittersweet moment – you’ve lost someone dear but they’ve given you an opportunity to transform your financial future. The question now is what should you do with this money? I’ve helped many clients navigate this exact situation, … Read more
Are you turning 65 this year? If youve been looking forward to receiving your full Social Security benefits, youve still got a couple of years to wait. That goes for the record number of other Americans who will be 65 years old in 2025. In 1983, Congress passed a law to gradually raise the full … Read more
Are you wondering if Charles Schwab operates as a fiduciary? The answer isn’t as straightforward as you might think. Let me break down the important details about Schwab’s fiduciary status so you can make informed decisions about your financial future. The Short Answer: Yes and No Charles Schwab functions as both a fiduciary and a … Read more
Whether you’re already retired—or are planning ahead for the time when you will be—it’s important to know how you’ll pay for your daily expenses. And your Social Security benefits likely play a starring financial role. “Social Security is the major source of income for most people age 65 and over,” said Jennifer Teague, NCOA’s Director … Read more
Retirement planning can feel like trying to hit a moving target. Just when you think youve figured out the magic number for a comfortable monthly retirement income, issues like rising costs, market shifts or lifestyle changes shift the goalposts. Adding to the uncertainty right now, though, is the fact that the economic environment is in … Read more
Although many consider it an honour to be asked to act as an executor, the responsibilities involved can be complex and time consuming. Understanding them will assist you in choosing the person best suited to be your own executor, and ensure any decision you may make to act as an executor is an informed one. … Read more
If you dont have any money saved up for retirement, it can seem like a daunting task to plan for it. With each passing year, thats less time you have to save, and that may potentially mean having to delay your retirement plans. While ideally, you would start investing in your 20s, you can still … Read more
