The stock market has become increasingly jittery, with the S&P 500 experiencing its first 5% pullback of the year. The possibility that the Fed could delay its first rate cut, the decline of technological and artificial intelligence stocks, and tensions in the Middle East have
2024 began with debates over a “soft” versus “hard” landing as the Fed attempted to stabilize the economy, as well as over the sustainability of last year’s market rally. Only three months later, those concerns have given way to a calmer environment centered around fading
California’s implementation of SB951, removing the cap on State Disability Insurance (SDI), marks a significant shift in tax obligations for high-income earners. This legislative change is twofold: not only has the cap on SDI been eliminated, allowing the tax to apply to all earned income,
In the nuanced world of aviation, pilots are taught a lesson of paramount importance as they approach the runway: the instinct to focus on the stretch of tarmac directly in front might seem logical, yet the key to a smooth landing lies in looking far
There’s more to a retirement plan than ensuring you’ve saved enough to stop working. Thinking about how to strategically withdraw from that savings is just as important as focusing on your growing nest egg number. A sound withdrawal strategy can make your money last longer,
In the world of finance, legacy planning isn’t just about numbers; it’s about preserving a story. For our clients, navigating the estate planning maze with their family values in mind can be a powerful way to honor and continue their spouse’s legacy. Of course, this
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