The Future of Social Security: Will it Withstand the Test of Time?
By Henry Zupko, MBA, CFP® The buzz around Social Security isn’t exactly uplifting. A whopping three-quarters of people over 50 fear the program will dry up during their lifetime. And nearly 40% of younger generations, like Gen Z and Millennials, doubt they’ll see a dime from it. These concerns stem from reports warning of the […]
Decoding HENRYs: Unveiling the High Earners Not Rich Yet Phenomenon
Oscar Casas, CFP®, CRPC®, MPAS®, ABFP℠ Are you a “HENRY”? High Earners, Not Rich Yet (HENRYs) is a term used to describe people who have the potential for high future wealth, but currently have assets tied up in lifestyle expenses. So why do so many HENRYs feel they have little to no actual wealth? Let’s […]
What You Need to Know About the 2025 Tax Sunset
By Henry Zupko, MBA, CFP® Some potentially significant tax changes on the horizon may affect both individuals and businesses. The 2017 Tax Cuts and Jobs Act (TCJA) established several laws that are expiring in 2025, leading to what is being referred to as the 2025 Tax Sunset. When critical changes like these are about to […]
5 Strategies for Saving Taxes in Retirement
By Oscar Casas, CFP®, CRPC®, MPAS®, ABFP℠ When you pause to imagine your retirement as you look forward to the next phase of life, taxes might not be the first thing on your mind. Typically, people start considering taxes around the month of February, and once they file their returns, they often push taxes out […]
We’re Never Too Busy to Help Someone You Care About
By Henry Zupko, MBA, CFP® Given the fast-paced rhythm of life, it’s easy to put off working with a financial advisor. But as our client, you are aware of the importance of prioritizing your financial well-being—and you likely want the same for those you care about. At Tranquility Path Investment Advisors, we understand. And when […]
The Best Time to Invest Was Yesterday: Timing the Market
By Oscar Casas, CFP®, CRPC®, MPAS®, ABFP℠ Trying to outperform the market with your investments might sound straightforward. Common intuition suggests that all you have to do is sell your stocks when economic conditions are down and reinvest when they go up. It appears to be a simple strategy, right? But the truth is that […]
When to Consolidate Old 401(k) Accounts
By Oscar Casas, CFP®, CRPC®, MPAS®, ABFP℠ How many different jobs have you had over the years? If you are anything like most Americans, the answer is probably quite a few. With multiple jobs comes the probability of multiple employee-sponsored retirement accounts in your name. The more of these accounts you have floating around, the […]
Paying Off Your Mortgage vs. Investing: Which Option Is Right for You?
By Henry Zupko, MBA, CFP® There are many rules and best practices when it comes to finances, but the most commonly held belief among experts is that you should earn more than you spend. If you follow that practice and have worked hard for decades to budget and save, you will likely end up with […]
Avoiding Financial Disaster in the First 10 Years of Retirement
By Henry Zupko, MBA, CFP® Retirement is an exciting time. In this brand-new chapter, your day-to-day life will look completely different. Although there are many benefits, there are some challenges that also come along with these golden years—the biggest one being that you leave behind the stability of a steady paycheck and a consistent schedule. […]
Will You Run Out of Money in Retirement?
By Oscar Casas, CFP®, CRPC®, MPAS®, ABFP℠ Outliving your income is a serious concern for many people. That’s why it is crucial to establish a carefully crafted retirement income plan—a plan that is adaptable to changing circumstances in your life and is not overly dependent on market returns or economic conditions. Is there a specific […]