Navigating Retirement: How Social Security Fits Into Your Financial Future
By Henry Zupko, MBA, CFP® As retirement approaches, you’re likely considering the Social Security piece of the puzzle. Amidst the wealth of information around retirement timelines, benefit utilization, and withdrawal strategies, it can be a lot to digest and comprehend. While you’re likely aware that you’ve contributed to the Social Security system and will eventually […]
The Biggest Financial Mistakes We See Pre-Retirees Make
By Oscar Casas, CFP®, CRPC®, MPAS®, ABFP℠ The years leading up to retirement are crucial for building the wealth to support your desired retirement life. As you get closer to retirement age, it’s important to review your finances to stay on track to meet your goals. As you check your finances, keep an eye out […]
Should You Use a Traditional or Roth IRA?
So you’ve left your old job behind and are now looking to roll your 401(k) account into an IRA. No more worrying about your former company having control over your hard-earned money—it’s time for you and your savings to thrive in greener pastures. But with this exciting decision comes an important question: which type of […]
Shield Your Retirement Savings Against Inflation With These Tips
Shield Your Retirement Savings Against Inflation With These Tips It’s no surprise that inflation is impacting our everyday lives. From buying groceries to filling up our gas tanks, everything is getting more and more expensive. A dollar today isn’t going to be worth the same as a dollar tomorrow. Not only does inflation impact our […]
We’re Here for Your Friends and Family This Holiday Season
We’re Here for Your Friends and Family This Holiday Season While the holidays are a time of joy, magic, and hope, for many it can also be a time of worry and stress. This time of year often brings a financial burden along with all the extra spending. During a “normal” year, this additional spending […]
Our Process and What We Do Different
Our Process and What We Do Different Retirement should be a time of rest and recreation. You may wish to do many things in your retirement years—travel, take up a new hobby, or visit family—but the last thing you want to do is spend your days worrying about whether or not your money will last […]
What to Do if You Get Laid Off
What to Do if You Get Laid Off With unemployment rates at 3.5%, the fear of getting handed a pink slip has plummeted in most industries. But that doesn’t mean layoffs, downsizing, or mergers will never happen. And unfortunately job loss is something that can still happen, even during times of low unemployment rates. Even […]
See What Clients Are Saying About Us!
See What Clients Are Saying About Us! Finding a professional you can trust to help you navigate your financial worries and hopes is no small task. Whatever motivated you to consider seeking help, we want you to know that we at Tranquility Path Investment Advisors are your advocates. We are dedicated to putting you first, […]
Student Loan Forgiveness Plan of 2022: What You Need to Know
Student Loan Forgiveness Plan of 2022: What You Need to Know With the announcement of the new student loan forgiveness plan, many are anticipating relief for some of their student loan debt. What may not be top of mind is how to maximize those potential savings. As we explore the criteria for who may benefit […]
Understanding the Different Streams of Post-Retirement Income
Understanding the Different Streams of Post-Retirement Income If you’re nearing retirement, you likely have robust savings in different accounts and perhaps a pension plan lined up for when you retire. The next crucial step to ensure you get the most out of your savings and maximize your income in retirement is creating an income plan. […]