Insights

Recent legislation, SECURE Act 2.0, makes important rule changes related to Roth IRAs, Qualified Charitable Distributions (QCDs), and more.

Investors are wondering why bond returns were down double digits in 2022. The reason is simple: rates are rising faster than any other time since 1988.

It’s impossible to know the direction any individual stock (or the stock market as a whole) will go at any point in time. Fortunately, successful investing does not require predicting precisely how investments will be priced at specific times. If it did, investing would be purely based on luck rather than research and analysis.

For many parents, funding higher education is one of the largest, if not the largest expense regarding their children. An unfortunate truth about college education is that it’s expensive and the cost is rising. According to a report from the Georgetown University Center of Education and workforce, the cost of tuition, room and board, and fees has increased 169% from 1980 to 2020.

October is cyber security awareness month. Here at Wealthstream, we take security seriously and discuss it often as a team. We would like to take this opportunity to help educate our clients on the steps that you can take to help mitigate the risk of being a victim of a cyber-attack.

You've put a great deal of effort into saving for retirement, and now you're ready to cash in. But wait, you need to determine how much you can consistently withdraw from your savings. Spending beyond your means can leave you with insufficient funds in your “golden years” and spending too little means you sacrificed doing things that you would have enjoyed.

Wealthstream Advisors has recently added to our team’s growing list of professional designations, Global Financial Planner (USA), or GFP (USA). We sought out this additional expertise because we know from experience that individuals and families who have lived in more than one nation have unique needs from a financial planning perspective.

Managing the financial aspect of life takes brainpower and a lot of time: staying updated on the markets, tracking changes in tax law, and reading the fine print are just a few examples. Whether you are busy managing a business, juggling family life, or simply enjoying retirement, these tasks–and the financial responsibility that comes with them–require a team effort. That is where a financial advisor steps in.

We’ve seen clients diligently accumulate stock in their company over their careers. 

Being a small business owner or partaking in a side hustle can be a rewarding experience. You can be your own boss, have the freedom to work as you please and can provide products and services that you are passionate about. However, with these freedoms also comes additional responsibilities. You must keep accurate records of all the income and expenses of your business and ensure you are paying taxes on time, which can be a daunting task.