If you plan to retire before you’re old enough to sign up for Medicare, it’s important to consider how you will manage your healthcare expenses. With costs continuing to climb annually and the fact that people typically utilize more healthcare services when they’re older, you will need some type of financial protection. Below we discuss…
Millions of Americans make New Year’s resolutions every year. If you’re among them, don’t overlook the importance of taking stock of your investments before 2019 gives way to 2020. Here we discuss several possibilities for year-end investments which you may not have previously considered. Be Sure to Maximize Your Retirement Contributions The Internal Revenue Service…
June 2019 marked 10 years since the economy began expanding again after the recession of the late 2000s. That makes it the longest economic expansion in history. Unfortunately, some top economists see indications of a new recession cropping up within the next 12 months. Whether this comes to pass or not, it’s a good idea…
As adult children leave home, move across the country in some cases, and start families of their own, it can be challenging to bring everyone together to discuss the sensitive topic of making an estate plan. Since many families travel hundreds of miles to be together for the Holidays, this can be the ideal time…
When you hire someone to change the oil in your car or remodel your house, you can see the impact of their work right away. If it’s not up to your standards, you can demand a refund or hire someone else. With a financial advisor, you might not realize the effects of following poor advice…
Roth IRAs have become increasingly popular over the past several years because they provide tax-free growth and an opportunity to pass along the account to a spouse, children, or other loved one when the initial owner dies. However, the person who established the account must avoid certain mistakes to ensure their heirs don’t get stuck…
Millennials, the generation of people born roughly between 1980 and 2000, often get a bad rap in the workplace by older workers who see them as entitled and lacking a work ethic. The truth is that people from approximately 19 to 39 years old work as hard as anyone else does. It’s just that they…
The term inflation refers to the rate at which the cost of purchasing goods or services is in a state of rising. It’s natural to expect inflation over time. However, it can become a problem for consumers and investors when an excessive degree of inflation impacts their purchasing power. Inflation rates in July 2019 rose…
© 2020 Aura Wealth Management. Powered by 
Recent Comments