Speaking to your parents about money is uncomfortable. But as parents age, it is increasingly important to understand some of the basic information related to your parents’ financial situation and future wishes. Here's a list of important questions you should ask aging parents.
The stock market continues to experience downward volatility. While we believe that sticking to your goals-based asset allocation is the best strategy for long-term wealth creation, there are other proactive strategies investors can use to benefit from a falling market, including selling stocks at a loss.
If you are nearing retirement or are recently retired, there are few worse occurrences for your financial health than a bear market. To help investors navigate a potentially rocky start to their retirement, we suggest the following strategies.
At Stratus Wealth Advisors, we often advise our clients to ride out the storm, realize that market corrections are hard to predict, and stick with your plan. We feel that this recent article written by Dimensional Fund Advisors does a terrific job of easing concerns due to uncertainty and volatility in a relatable way.
The “Sunshine Protection Act” may go into law by November 2023. Here are some ways that it could impact the economy and various industries in the US.
The recent Russian military aggression in Ukraine is certain to impact the world economy in the coming weeks and months. In this blog post, we define what we see as immediate economic consequences and provide perspective on how to handle the uncertainty.