Don't Get Conservative When Markets Get Volatile

Market swings can be unsettling—but going conservative at the wrong time can hurt long-term returns. Discover smart, strategic tips for staying on track.

Investment ManagementParkshore Wealth ManagementApril 15, 2025Market Volatility, Diversification, Rebalancing, Income Planning, Cash, Risk Tolerance, Tax Loss Harvesting, Fiduciary Advisor, Behavioral Finance

Staying the Course in Volatile Times: A Smarter Approach to Investing

Feeling overwhelmed by market volatility? Learn why staying invested, diversifying, and avoiding emotional decisions may lead to better long-term results.

Investment ManagementParkshore Wealth ManagementApril 1, 2025Market Volatility, Market Correction, Politics, AI, Market Timing, Diversification, Rebalancing, Fiduciary Advisor, Behavioral Finance

You Just Came into a Large Sum of Money—Now What?

What should you do if you suddenly come into a large sum of money? Discover eight financial steps to help protect, grow, and manage your windfall wisely.

Financial PlanningParkshore Wealth ManagementMarch 15, 2025Windfall, Inheritance, Legal Settlement, Business Sale, Lottery, Income Tax, Capital Gains, Estate Tax, Debt, Giving, Charity, Philanthropy

Checklist for Handling Financial Matters After a Loved One Dies

Losing a loved one is overwhelming, and handling financial matters can feel daunting. This checklist walks you through key financial steps to help you navigate this difficult time.

Estate PlanningParkshore Wealth ManagementMarch 1, 2025Probate, Will, Trust, Beneficiary, Estate Taxes, Income Taxes, Step-Up, Inheritance, Retirement Accounts, Wealth Transfer, Fiduciary

Capital Gains Tax Planning: Preparing for the Sale of Investments and Property

Thinking about selling investments or property? Learn how capital gains taxes work and discover strategies to help minimize your tax burden.

Tax PlanningParkshore Wealth ManagementFebruary 15, 2025IRS, Capital Gains, Short Term Capital Gains, Long Term Capital Gains, Real Estate Taxes, Property Taxes, Investment Taxes, California, Utah, Fiduciary, Fee-Only

Understanding Nondeductible IRA Strategies

Learn how to maximize retirement savings with a nondeductible IRA. Explore tax-deferred growth, backdoor Roth conversions, and strategic planning tips.

Retirement PlanningParkshore Wealth ManagementFebruary 1, 2025IRA, Nondeductible IRA, Roth IRA, Backdoor Roth, Income Limits, Tax Planning, High Income Earners

Why Markets Don’t Care About Who the President Is

Discover why stock markets have tended to maintain their upward trajectory regardless of who is in the White House.

Investment ManagementParkshore Wealth ManagementJanuary 15, 2025Markets, Market Volatility, Donald Trump, President, Diversification

Financial New Year’s Resolutions: A Fresh Start for Your Finances

Start the new year right with financial resolutions! Learn how to update your estate plan, reassess insurance, and set smart financial goals for 2025 and beyond.

Financial PlanningParkshore Wealth ManagementJanuary 1, 2025Retirement Planning, Estate Plan, Trusted Contact, New Year’s, 2025, Beneficiaries, Insurance, Financial Goals, Fiduciary

Why Taking Your RMDs While the Market Is High Can Be a Smart Move

Learn why taking RMDs while the market is high could be a good idea if you’re taking cash.

Retirement PlanningParkshore Wealth ManagementDecember 15, 2024Required Minimum Distribution, RMD, Tax Efficiency, Reinvesting, Brokerage Account, Charitable Giving, QCD, Qualified Charitable Distribution, Market High, IRA, 401k

How Your Financial Plan Can Evolve in the Empty Nest Stage

When the kids leave the house, your life changes. Here are financial tips for adjusting your budget, retirement savings, housing options, and more.

Retirement PlanningParkshore Wealth ManagementDecember 1, 2024Personal Finance, Adult Children, Empty Nester, Budgeting, College Costs, Retirement Savings, Insurance, Housing, Investing, Estate Planning

Smart Account Withdrawals in Retirement: Keeping More of What You’ve Saved

Learn tax-efficient withdrawal strategies to maximize your retirement income, reduce taxes, and make the most of your savings. Tips for both retirees and pre-retirees are included.

Retirement PlanningParkshore Wealth ManagementNovember 15, 2024Tax Efficient Strategies, Distributions, RMDs, Roth Conversions, 401k, IRA, Brokerage, Retirement Income, Fiduciary

Supporting Adult Children: When Does Financial Help Go Too Far?

Wondering how much financial help to give your adult children? Learn how to set boundaries, encourage independence, and protect your own financial future.

Financial PlanningParkshore Wealth ManagementNovember 1, 2024Family Finances, Retirement, Adult Children, Life Transitions, Failure to Launch, Financial Support, Fiduciary, Personal Finances, Parenting and Money

What to Expect with the Stock Market After an Election

Wondering how the stock market might react after the election? Learn what history tells us about post-election market performance and how to stay on track with your investments.

Investment ManagementParkshore Wealth ManagementOctober 15, 2024Presidential Election, Election Year, Stock Market, Election Year Investing, Fiduciary Financial Advisor, Market Volatility, Long-Term Investing, Diversification, Market Risk.

401(k) Strategies for Mid-Career Professionals

Want to make the most of your 401(k)? Here are strategies to help you create a comfortable retirement with an eye toward short- and long-term tax savings.

Investment ManagementParkshore Wealth ManagementOctober 1, 2024401k, Traditional 401k, Roth 401k, Tax Diversification, Pre-Tax Contributions, After-Tax Contributions, Matching Contributions, Risk Tolerance, Rebalancing, Fiduciary Financial Advisor, RMD, Required Minimum Distributions

Rolling Over Your 401(k): Options and Best Practices

What should you do with your old 401(k)? Here are four options, including pros and cons.

Investment ManagementParkshore Wealth ManagementSeptember 15, 2024401(k), Rollover, Retirement Savings, Retirement Planning, Job Transition, Cashing Out, IRA, Fiduciary Financial Advisor

Tax Considerations When Downsizing or Relocating in Retirement

Thinking of downsizing or relocating when you retire? Here are some tax considerations to help you decide.

Tax PlanningParkshore Wealth ManagementSeptember 1, 2024Retirement Planning, Retiree, Moving, Relocating, Downsizing, Income Tax, Property Tax, Sales Tax, Federal Taxes, State Taxes

Healthcare Expenses and Tax Planning for Those Under 65

Looking for healthcare options before Medicare starts? Here are healthcare and tax strategies before age 65.

Retirement PlanningParkshore Wealth ManagementAugust 15, 2024Healthcare, Taxes, Medicare, COBRA, HSA, Health Savings Account, FSA, Flexible Spending Account, Tax Deduction, Tax Credit

How Does Inflation Affect Your Portfolio?

Discover how inflation can impact your portfolio and learn strategies to help protect your investments.

Retirement PlanningParkshore Wealth ManagementAugust 1, 2024Inflation, Investment Strategies, TIPS, Real Estate, Diversification, Rebalancing, Financial Advisor, Budget, Savings, Scenario Modeling

Roth Conversions: Are They Right for Your Retirement Plan?

Discover the pros and cons of Roth conversions and determine if this retirement strategy aligns with your financial goals.

Retirement PlanningParkshore Wealth ManagementJuly 15, 2024Traditional IRA, Roth IRA, Roth Conversion, Medicare, RMD, Required Minimum Distribution, Tax-Free

Protecting Your Retirement Savings During Job Transitions

How do you safeguard your retirement saving when you are in a job transition? Here are strategies to help.

Retirement PlanningParkshore Wealth ManagementJuly 1, 2024Career, Layoff, Job Loss, Job Transition, 401(k), IRA, Rollover, Cash Out, Budget, Financial Advisor