How to Choose the Right Annuities for Your Retirement
One of the most critical aspects of retirement planning is developing your retirement income streams – the funds that will become your “paycheck” once you leave the working world behind. Annuities can be powerful financial tools for helping to secure a steady income stream in retirement, but choosing the right annuities requires careful consideration of […]
Financial Tips for Doctors with Student Loan Debt
How to Get Strategic About Tackling Your Medical School Costs Medical school can certainly be viewed as an investment – but it’s a costly one. Statistics show that the average student loan debt for college students is $28,950, while the average medical school debt is around $200,000. Even for doctors who are earning high salaries, it can be challenging […]
Leaving a Tax-Free Legacy: Techniques and Tips
Estate planning can be a difficult topic because it requires thinking ahead to the end of your life. However, if you are able to get past the associated emotions and take a close look at planning strategies, you can position your estate to provide a tax-free legacy to your loved ones. Planning for the distribution […]
Smart Financial Moves for Empty Nesters
Make the Most of Your Transition to a Child-Free Home After spending decades caring for children, it can be quite the adjustment to transition to being an empty nester. You’re likely to experience a wide range of emotions, and some of the choices you make during this transition can have a lasting impact on your […]
Charitable Giving in Estate Planning: Leaving a Lasting Impact
If giving back has been meaningful to you throughout your life, then you may want to learn more about charitable giving in estate planning. Estate planning is not only about distributing assets; it’s an opportunity to leave a lasting impact on causes dear to your heart. Incorporating charitable giving in estate planning allows you to […]
4 Common Mistakes High Earners Make
Avoid These Missteps and Get on the Path Toward Building True Wealth Having a high income can certainly make you feel wealthy. Maybe you’re enjoying a sprawling home, a fancy car, and the latest technological gadgets. However, what too many high earners fail to realize is that true wealth is much more than just a […]
Tax-Efficient Estate Planning Tips for High-Net-Worth Families
Strategies to Manage Your Wealth Estate planning can be complex, both from a legal and financial perspective, as well as a personal one. Considering the end of your life can be a challenging process, but it’s an important step if you want to make sure your assets are distributed according to your wishes. If you are a […]
Financial Workshops: Why They Are Essential for Retirement Planning
Would you like to unlock powerful retirement planning strategies to help you thrive in our new economy? At Cornerstone Wealth Management, we can help! We believe strongly in offering opportunities for you to enhance your knowledge through financial workshops and webinars. Retirement planning is a complex journey that demands knowledge, strategy, and proactive decision-making, and […]
Passing an Inheritance to Your Children: 8 Important Considerations
Choosing to Leave an Inheritance Can Impact Many Other Financial Planning Decisions 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, […]
Retirement Planning for Couples: A Collaborative Approach
Retirement is a shared journey for couples, and planning for this significant life stage requires a collaborative approach, too. The financial decisions made during retirement planning can have a profound impact on both partners, making effective communication and joint decision-making essential components of a successful retirement strategy. If you and your spouse or partner are […]
