The American Rescue Plan Act, a $1.9 trillion stimulus bill, was passed and signed into law by President Biden on March 11, 2021. Aimed at assisting with the economic shortcomings of the pandemic, this legislation covers a broad base of pandemic-related initiatives. At Austin Asset, we make it a priority to unpack recent legislation, and […]
With the new year in full swing, it’s a great time to take stock of your personal finances. Here are 4 smart money moves to consider to brighten your financial life in the coming year.
Money is an important topic to talk about with your partner. Here are 3 money questions that you and your partner should talk about together.
Will Wike, CFP® answers a question that we get frequently: “How do I prepare for retirement?” In this Authentic Advice video, we explore retirement readiness.
When people think of Social Security, they often think of it as just a retirement benefit. They assume if they work and pay into Social Security long enough, they will qualify for a monthly retirement benefit that lasts the rest of their life. Social Security is that and much more. In addition to retirement benefits, […]
W. Eric Hehman, CFP® answers some of the most pressing questions our clients have had in recent months.
Two Rebalancing Strategies Over time, the ups and downs of financial markets can change the profile of your investment plan, leaving you with more risk than you would like, or less growth potential than you need. Both of which can be detrimental to your long-term financial plan. When we return, I will share with you […]
What’s your disaster plan? Many of us are feeling the financial and operational shocks of Covid-19. A couple of years ago we went through ‘disaster’ planning, also known as ‘contingency’ planning, and we still do it every year. While we could not have predicted what would or could cause us to move the firm to […]
Are you a better-than-average driver? Regardless of what my wife says, I know I am, and chances are you think you are too. That is because nearly three-quarters of people think they are better-than-average drivers. Besides being mathematically impossible, this statistic is an example of overconfidence—and is just one illustration of how certain biases can […]
Most Americans will eventually receive Social Security and Medicare benefits. Each year, the Trustees of the Social Security and Medicare Trust Funds release lengthy reports to Congress that assess the health of these important programs. The newest reports, released on April 22, 2020, discuss the current financial condition and ongoing financial challenges that both programs […]