Wealth and Wisdom: Week of June 29, 2026
- 55 minutes ago
- 4 min read
The drumbeat of American voters is starting to get louder. People are growing nervous about the future of Social Security and Medicare while getting more vocal about the $39 trillion federal debt that seems to being growing out of control. There are serious proposals out there, and it will be interesting to see how many of this fall’s political candidates choose to speak up on the issue while trying not to alienate potential voters.
We’re seeing a spike of interest among clients for the new diagnostic tool we recently developed, called the True Wealth Index. It’s designed to help assess someone’s retirement readiness based on 50 questions covering the seven steps in our wealth management system: vision/goal setting, spending, income, investing, protecting your health, wealth, privacy, tax strategy, and legacy planning.
Learn about this new tool in this webinar recording of our May 2026 client briefing.
There is no shortage of workable ideas to put the program back on solid ground before benefits are cut in 2032. Finding people with the political courage to do it is another story. (Reading time: 6 minutes)
Even if tax laws require you to take more money from your IRA than you need or want each year – it doesn’t mean you have to blow it. (Reading time: 8 minutes)
This is a lengthy article, but it’s worth at least skimming to see if you are making any of these 16 unforced errors in your retirement planning. (Reading time: 20 minutes)
One can happen early in retirement, the other in your later years. Both can threaten the way you spend the rest of your life. (Reading time: 4 minutes)
Missouri doesn’t. Illinois does – and here’s a list of all the other states that might tax your estate when you pass away. (Reading time: 4 minutes)
Family members can be a priceless resource as you get older – but only if you let them in on how you manage your financial life. (Reading time: 6 minutes)
Some good pointers here – broken down by age – on helping your young children become more financially literate. (Reading time: 5 minutes)
With prices rising faster than wages, finding ways to save more is a challenge. The trick might be to start small and ramp up slowly. (Reading time: 5 minutes)
Are you treating your health savings account as a long-term investment with tax benefits – or as a healthcare ATM? (Reading time: 2 minutes)
They are convenient and can help you avoid spending money you don’t have – but don’t overlook the security risks that come with debit cards. (Reading time: 5 minutes)
Words to the Wise
“We make our decisions - and then our decisions turn around and make us.”
– R.W. Boreham, preacher and author
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