Required Minimum Distributions are on for 2021, but some of the rules have changed. Here's what you need to know now.

There are compelling reasons to adopt a wait-and-see approach.

Inflation can be a scary word for people who are retired. It’s code for “prices are going up, but my income may stay the same.”

The most recent reading on consumer prices put inflation back into the conversation. The Consumer Price Index (CPI) rose 0.8% in April 2021 and jumped by a greater-than-expected 4.2% year-over-year.¹

How much inflation can we handle before we're in trouble? Let's discuss. . . 

First, let’s get on the same page about some basics. If you’ve noticed the price of a thing increasing over time (say, your favorite candy bar or the cost of college tuition), that’s inflation in action. Economists use the broad increase (or decrease) in prices of goods and services across the country as a measure of economic health. When inflation is stable and predictable, it’s a sign of a basically healthy, growing economy.

Do you know someone that is retired and receiving a nice, predictable pension check every month? Maybe you're lucky enough to be covered by a pension plan—perhaps your benefit is still growing, maybe it’s frozen, or perhaps you are already receiving payments. While the word pension still means something in our vocabulary, more and more the pensions of old are going the way of the dinosaurs.

Here at Creekmur Wealth we're really focused on goals based planning. Our goal is to help each of our clients fulfill their goals for the future they envision for themselves. We call it True Wealth - All the things in life that money cannot buy.

It's time to “get your financial house in order.” But, what exactly does that mean? 

There's a lot that goes into the process of getting your finances in order, but the first step is to be sure your financial house is built on a solid foundation. This means that you have six fundamental pillars (accounts) in place that are designed for sustaining your financial well-being and creating wealth. 

As students of Behavioral Finance (how people make money decisions), we've witnessed a trend toward self-directed investing and financial planning. Some recent studies point to the fact that a growing number of investors prefer managing their financial interests without professional assistance.

It’s Spring! With the change of seasons comes everyone’s favorite time – Spring Cleaning. At our home we have been busy outside doing a Spring clean up in our yard & garden areas. As we clean and prune and plant new seeds, very quickly we start to see fresh new growth. It’s always exciting to anticipate the flowers and vegetables that we will enjoy in the months to come.

As students of Behavioral Finance (how people make money decisions), we've witnessed a trend toward self-directed investing and financial planning. Some recent studies point to the fact that a growing number of investors prefer managing their financial interests without professional assistance.

“By failing to prepare, you are preparing to fail.” - Benjamin Franklin