Donor-advised funds (DAFs) have gained popularity as versatile charitable giving accounts. DAFs allow donors (account holders) to receive immediate tax deductions while strategically directing payments to charitable organizations over time. In this article, we’ll delve into the fundamentals of DAFs, their operational aspects, potential benefits,
As we approach the end of the year, it’s the perfect time for some personal reflection. Reviewing your personal goals, celebrating achievements, and realigning your values with your finances can be a powerful exercise. Let’s dig into what a “financial reset” can look like and
Losing a spouse is undoubtedly one of life’s most challenging transitions. As you navigate this journey’s emotional and personal aspects, addressing the financial considerations that come with such a significant life change is crucial. In our recent series on financial and planning considerations for those
With heartfelt gratitude, we honor the memory of Blair McCarthy, the visionary founder and guiding spirit of FPC Investment Advisory, Inc. His indelible impact on the world of wealth management, built on a foundation of more than 30 years of professional investment experience, remains a
As of October 1, 2023, the “pause” on federal student loan payments will end. The pause was enacted during COVID-19 in 2020 and has been in place for nearly 3 ½ years. During this time, federal student loans stopped any automatic payments and did not
Are you nearing retirement and want to better understand whether you are financially ready? It’s a crucial question, especially if you want to retire earlier than the “standard” full retirement age of between 62-70. Understanding where you stand financially is the first step toward crafting
When navigating widowhood, thinking about your future financial well-being may be stressful. Even if you feel confident with the funds you currently have, or were left to you when your spouse passed away, you may still have many different questions keeping you up at night:
Widows have unique challenges and opportunities as they move towards and through retirement. Retirement is a difficult transition to navigate under the best of circumstances. When you add the emotional and financial pressure that widows face along with normal questions about creating cash flow during
Are you in the market for a second home? In recent years, we’ve seen an uptick in retirees who want to buy a second home to be near their out-of-state kids, or to vacation during this new chapter. Considering whether you are financially prepared to
If the stock market has taught us anything the past few years, it’s that the unexpected will inevitably come to fruition. With dramatic highs and lows throughout COVID, and sweeping changes to the tech industry and beyond in 2023, investors likely feel stressed out and