Did you end up with a large tax bill this year? Here are six tax tips to start now so you can reduce your bill (or even get a refund) next year.

Tax PlanningParkshore Wealth ManagementMarch 15, 2021Philanthropy, IRA, 401(k), Itemizing, Standard Deduction, Flexible Spending Account, Health Savings Account

When One Spouse Retires Before the Other: How to Plan

When one spouse retires before the other, some financial planning rules-of-thumb need tweaking. Here are five areas to re-assess for separate retirements.

Retirement PlanningParkshore Wealth ManagementMarch 1, 2021Social Security, RMD, Investing, Risk Tolerance

Common Inheritance Mistakes and How to Avoid Them

The mixed emotions that accompany an inheritance can cloud objectivity and increase inheritance mistakes. Here are common mistakes to avoid.

Estate PlanningParkshore Wealth ManagementFebruary 15, 2021Inheritance, Inherited IRA, Investing, Debt, Saving

What You Need to Know About Required Minimum Distributions (RMDs)

How do you calculate your RMD amount? What happens if you have multiple retirement accounts? Find your answers using our RMD cheat sheet.

Retirement PlanningParkshore Wealth ManagementFebruary 1, 2021RMD, Required Minimum Distribution, Life Expectancy, IRA, 401(k), Qualified Charitable Distribution

When Life Goes Wrong, Your Financial Plan Can Help

A financial plan can help you optimize the good times and weather the bad ones. Read this article to understand what your financial plan should include.

Financial PlanningParkshore Wealth ManagementJanuary 15, 2021Investing, Budget, Cash Flow, Retirement Planning, Taxes, Insurance

Financial New Year’s Resolutions: 5 Tips for 2021

New Year’s resolutions aren’t just about physical fitness. Here are 5 resolutions to improve your financial fitness in 2021.

Financial PlanningParkshore Wealth ManagementJanuary 1, 2021RMD, Debt, Credit Cards, Emergency Fund, Budget, Retirement, 401(k), IRA, Investing