Alphastar Wealth Emerald Coast Blog
Our expert authors are dedicated to helping readers make informed decisions about their financial future and achieve their retirement goals.
10 Steps to a Happy and Healthy Retirement
After Decades of Hard Work, You Deserve a Fulfilling Retirement Most of us spend our working years with one overarching goal in mind: retirement. You plan and save and invest, all so that when the day comes, you can finally enjoy the golden years you’ve dreamed of. Of course, many retirees find themselves struggling to transition away from the busy working world and to design a new day-to-day lifestyle that feels meaningful. Use the tips…
Understanding Retirement Planning Changes in the SECURE Act 2.0
Learn About Important and Far-Reaching Provisions that Could Impact Your Financial Future On December 29, 2022, President Biden signed a bipartisan budget bill that included many retirement savings changes, referred to collectively as the SECURE Act 2.0. It reshaped retirement tax incentives and existing retirement account rules in ways that are likely to have consequences for years to come. Supporters of the legislation say it will encourage stronger retirement savings among workers, while others have…
Passing an Inheritance to Your Children: 8 Important Considerations
Eight estate planning considerations for leaving an inheritance to your children. Understand the impact your choices can have on your overall financial plan. If you have worked hard and planned properly, you may be well situated to leave an inheritance to your children. It can feel very meaningful to be able to provide a financial legacy for your loved ones, but it’s important to be practical, too, and to go about your estate planning in…
Plan Ahead to Meet Rising Retirement Healthcare Costs
Protect Your Financial Future by Taking Action Today With healthcare costs on the rise, American retirees must prepare to afford significant health and medical expenses in retirement. While strategizing ways to cover retirement healthcare costs isn’t new, many retirees today are finding themselves without access to the employer- or union-sponsored retiree health benefits that previous generations depended on. This means that Americans who are currently planning for retirement need to be sure they are adequately…
Five Types of Insurance to Consider for Financial Peace of Mind
Identify the Protections You May Need for Your Assets and Your Loved Ones’ Futures Life has a funny way of throwing us curveballs, doesn’t it? While it’s not inevitable that something catastrophic is in your future, investing in insurance allows you to gain financial peace of mind no matter what may happen. Of course, there are many options available, and you’ll need to do your research to identify the right insurance types to protect your…
Four Financial Resolutions for a Prosperous New Year
Positively Impact Your Financial Health for the Next 12 Months and Beyond There’s never a bad time to think about improving your personal finance habits, but the start of a new year offers a timely opportunity to assess where you are and where you’d like to be. Financial resolutions are common, usually appearing in the top five types of New Year’s resolutions. If this is an area of focused improvement for you in 2023, review…
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Strategies for End-of-Year Tax Planning: Moves to Consider Before December
Year-End Tax Planning Strategies to Help Reduce Your Tax Bill As the end of the year approaches, individuals and businesses have an opportunity to review…
What to Know About Social Security Benefits: Key Facts and Tips
What to Know about Social Security Benefits: Income, Disability and Family Support Social Security benefits play an important role in the retirement income of many…
The Importance of Regular Financial Reviews: Staying on Track
Understanding the Importance of Regular Financial Reviews for Achieving Your Goals Financial goals and circumstances rarely stay the same over time. Life events, market conditions,…
How Charitable Giving Can Fit into Your Financial Plan
Incorporating a Charitable Giving Plan into Your Financial Strategy to Support Philanthropic Goals Charitable giving is a meaningful way to support causes while also incorporating…
Preparing for Open Enrollment: Healthcare and Benefits Planning Tips
Healthcare Open Enrollment Tips for Making the Most of Your Benefits Open enrollment is an annual opportunity to review and adjust healthcare and benefits selections…
Creating a Retirement Budget: What You Need to Include
Retirement Budget Guidance for Long-Term Financial Stability Planning for retirement involves careful budgeting to help manage expenses and maintain financial stability. A well-structured retirement budget…
How to Set S.M.A.R.T. Financial Goals for Long-Term Success
Setting Effective Financial Goals for Sustainable Success Setting effective financial goals can help you create a structured approach to managing money and building long-term financial…
The Role of Diversification in Managing Investment Risk
Using Diversification to Manage Investment Risk and Potentially Enhance Returns Over Time Investing always involves a degree of risk, but diversification is a commonly used…