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The future you want, the money to do it.
Education is a key component of our planning and investment process. We share our expertise with you through our blog so that you can have a deeper understanding of your finances and the decisions surrounding them.
The Latest From Our Blog
The Most Common Estate Planning Mistakes and How to Avoid Them
Approx. Reading Time: 2 min. With estate planning, the ripple effects of our oversights often linger long after we're gone, impacting the lives of those we leave behind. Here's a closer look at the six most common estate planning mistakes and how you can avoid them. The Mistake: The adage “failing to plan is planning to fail” rings especially...
Your Guide to a Midyear Financial Review
Regular financial reviews are a pillar of good stewardship, whether you manage finances for yourself, your family, or your business. Halfway through the year is a great time to reassess your plans, goals, and current standing. Below is a midyear financial review checklist to get you started. How many items can you complete? What did you want to...
5 Ways to Age Well Financially
Getting older can be intimidating, but with intention and discipline, it’s possible to age well and enjoy all phases of life. In their report titled “What Do We Know About Healthy Aging?” the National Institute on Aging offers suggestions for maintaining physical, mental, and cognitive well-being. ¹ These are essential pillars of health, but...
5 Insights on Inflation: Is Inflation Going Down?
Inflation has been a leading topic among investors since 2021, but recent data is starting to demonstrate the effects of the Fed’s interest rate policies. Does this mean inflation is going down? Here are five key insights on inflation for investors to know: Last week, the Consumer Price Index and Producer Price Index, two key inflationary...
An Update to the Concentration of Returns in the S&P 500
The pursuit of excess investment returns since 2022 has been predominantly determined by having substantial investments in the top 10 companies of the S&P 500 Index, as measured by market capitalization. Forgoing an oversized commitment to those 10 companies would entail a significant – and appropriate - underperformance compared to the...
How to Help Your Children Develop a Healthy Relationship with Money
When you have a child, there are so many things you want to teach them – how to walk, how to talk, how to clap, how to jump, how to kick a ball, how to color a picture, how to be a good friend. The older they get, the more nuanced the lessons become – how to do algebra, how to manage time, how to make wise choices. As an advisor, I believe all...
What to do in Retirement: The First Day, Week, Month, and Year
Retirees joke that every day is Saturday, but that doesn’t mean the transition to the golden years is easy. Without guidance or planning, it can be challenging to adjust to your new lifestyle and know what to do in retirement. At Credent, we plan clients’ career exits every day, so we asked our advisors for insights on navigating the first day,...
How to Use a 529 Plan: 5 First Steps, 2 Tips, and 9 FAQs
As a parent, grandparent, aunt, uncle, or friend, you’re eager to see the young people in your life succeed, and you do what you can to foster that success. One way to give back is through a 529 plan, which helps fund a beneficiary’s educational endeavors. If you’re interested in opening a 529 for your loved one, consider the following 5...
4 Reasons Not to be Alarmed by an Anticipated Economic Slowdown
In light of a forthcoming economic slowdown, labor market, spending, earnings, and savings data tell an interesting – and even reassuring – story. First, investors should remember that recessions are a normal phenomenon. They are a function of the capital markets and the business cycle. With the right mindset and tools, we can navigate them...
Avoid These 4 Common Financial Mistakes
Your financial health and trajectory are unique, and a mistake for one person could be the right decision for you. However, there are common mistakes to avoid when building a financially healthy life. Here are four to be cautious of: Watching market fluctuations can be nerve-racking. Unfortunately, influences in your life, whether the media or...