Blog Posts

Safeguarding Your Finances While Guiding a Boomerang Child

by Searcy Financial | Dec 5, 2023 | Planning for the Family

By Marc C. Shaffer

The idea of a “boomerang” generation has been around for a long time, but a new economic situation could be fueling another wave of boomerangers. Sure, there are still children who graduate and move back in with their parents right away. But while many adults are still recovering from pandemic-era job loss and financial recovery, the housing situation of low inventory, high prices and high interest rates is not helping. This could cause children of any age to boomerang right back into the nest.

IRS Releases 2024 Tax Brackets, Retirement Contribution Limits

by Searcy Financial | Nov 20, 2023 | Financial Planning

The Internal Revenue Service recently released updated income tax brackets, standard deduction, and retirement contribution limits for the 2024 tax year. While these taxes are not due for some time, it may benefit you to start thinking ahead.

Should I Use a Donor Advised Fund (DAF) When Giving to Public Charities?

by Searcy Financial | Oct 5, 2023 | Financial Planning

A meaningful part of your financial plan is your charitable giving.

Perhaps it’s the ideal time to put a charitable giving strategy in place to help you make the most of your donations. Consider strategic giving when you:

How Retirement Spending Changes with Time

by Searcy Financial | Oct 5, 2023 | Retirement Planning

Am I spending the right amount in retirement?

New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern may be legitimate.

September is College Savings Month

by Searcy Financial | Sep 19, 2023 | Parenting & Education

By John Fales

Did you know September is College Savings Month? A great reminder to consider how saving for college (or any education) fits into your overall financial plan. There are steps you can take to help ease the burden of education costs and many you can start at any age.

Legacy Planning When Heirs are Imperfect

by Searcy Financial | Jul 30, 2023 | Planning for the Family

Passing your estate to an heir with credit problems, a shaky marriage, a gambling or alcohol addiction, or any other concerning situation might not only lead to that wealth being squandered, but the inheritance could worsen destructive behaviors.

Of course, you don’t want to disinherit your child(ren) simply because of their personal challenges. There are potential solutions that allow parents to control and incentivize behaviors long after they are gone, helping ensure that a troubled child’s inheritance won’t be misused.

You do not want to avoid or delay creating a plan hoping that your heir’s issue will go away. This could result in you passing before any plans have been set and the inheritance could be given without restrictions.

Can I Get Ahead Financially in an Over-Inflated World?

by Searcy Financial | Jul 30, 2023 | Financial Planning

By Marc C. Shaffer

I was talking with a friend recently who has lost quite a bit of weight. We were talking about the process and how it differed from their past experiences. They had spent many years fighting the ups and downs of fad diets and lose-weight-quick gimmicks. It wasn’t until they embraced a steady process that required small habit changes that made a huge difference over time that they were able to find success that was lasting.

This concept can also be applied to building wealth. It would be great to have a get-rich-quick shot, but it doesn’t exist (unless you know something I don’t!) House prices seem outrageous, grocery bills keep rising and the extras cost more and more. What is there to do? If the current economic landscape makes you feel like you’ll never get ahead, keep reading.

Checklist: What Issues Should I Consider During My Divorce?

by Searcy Financial | Jul 28, 2023 | Marriage, Divorce & Remarriage

This checklist covers 28 of the most important planning issues to identify and consider when going through a divorce, including:

Checklist: Am I at Risk of Having My Identity Stolen or Being a Victim of Fraud?

by Searcy Financial | Jul 10, 2023 | Financial Planning

There continues to be an increase in fraudulent and criminal activities that trap unsuspecting individuals into loss. Now more than ever, you may be targeted financially through a variety of schemes. This checklist helps guide you through common threats and scams, and...

Checklist: Am I at Risk of Having My Identity Stolen or Being a Victim of Fraud?

by Searcy Financial | Jul 10, 2023 | Financial Planning

There continues to be an increase in fraudulent and criminal activities that trap unsuspecting individuals into loss. Now more than ever, you may be targeted financially through a variety of schemes. This checklist helps guide you through common threats and scams, and works to help you remain informed to actively protect your identity and assets.

Safeguarding Your Finances While Guiding a Boomerang Child

IRS Releases 2024 Tax Brackets, Retirement Contribution Limits

Should I Use a Donor Advised Fund (DAF) When Giving to Public Charities?

How Retirement Spending Changes with Time

September is College Savings Month

Legacy Planning When Heirs are Imperfect

Can I Get Ahead Financially in an Over-Inflated World?

Checklist: What Issues Should I Consider During My Divorce?

Checklist: Am I at Risk of Having My Identity Stolen or Being a Victim of Fraud?

Checklist: Am I at Risk of Having My Identity Stolen or Being a Victim of Fraud?

Aging

Book Reviews

Coaching Corner

Financial Planning

Investments

Leadership & Personal Development

Marriage, Divorce & Remarriage

Parenting & Education

Physicians & Medical Professionals

Physicians and Medical Professionals

Planning for the Family

Retirement Planning

Retirement Plans

Selecting An Advisor

Social Security

Special Needs

Starting Out: Engaged, Newlywed & Young Adult

Volunteering