by Springwater Wealth | Jun 9, 2022 | Divorce Financial Planning, Financial Planning, Retirement Concerns, Wealth Management
America’s Social Security program provides economic security to millions. The Social Security program provides you with a source of income when you retire, or if you can’t work due to a disability. It can also provide benefits that support your legal dependents (your...
by Springwater Wealth | Jun 7, 2022 | Divorce Financial Planning, Financial Planning, Retirement Concerns, Wealth Management
Getting divorced can be a very emotional and difficult process. It can be stressful, painful and scary, even if you’re the one that decided to divorce. Divorce also has significant financial consequences for both partners. For that reason, it’s critical that you start...
by Springwater Wealth | Apr 29, 2022 | Financial Planning, Retirement Concerns, Retirement Plans, Wealth Management
If you’re retired and have health insurance through the Affordable Care Act (ACA) or Medicare, your premiums are directly related to your Modified Adjusted Gross Income (or “MAGI”). The higher your income, the higher your premiums. Unless you prepare your own tax...
by Springwater Wealth | Nov 8, 2021 | Estate Planning, Financial Planning, Taxes, Wealth Management
Erika seems to be slowly recovering from the recent loss of her husband of 43 years to the coronavirus. While John was 74 years old, he had no underlying health conditions. In fact, he was remarkably fit and took very good care of himself. They are still not sure how...
by Springwater Wealth | Oct 13, 2021 | Investment Management, Wealth Management
Over the years we’ve worked with a lot of clients who retained us for “planning only” advice. Some of them were working with a broker or advisor already, but one who didn’t offer robust planning advice. Just as often, though, they were managing their own portfolios as...
by Springwater Wealth | Jul 30, 2021 | Financial Planning, Retirement Concerns, Wealth Management
John and Emily have been retired for about 5 years. Every few years they like to meet with a financial planner to make sure they’re still on track. John specifically is interested in reviewing their spending to make sure it’s still in line with their resources....