In The News

Building off our last article, The Sandwich Generation: Financial Planning for Dual Responsibilities (alleghenyfinancial.com),  where we discussed balancing the financial considerations and needs of both children and aging parents, those of you approaching middle age have likely started to ask yourselves what you have been working so diligently towards. You may ask, “Am I (or […]

Did you recently start your new dream job? Are you making more income now than ever before? Before the income gets folded into your budget to cover the costs of daily living, take time to stop and think. What are your current expenses? Are you saving enough for retirement? Should you max out your 401k? […]

As you move through your working years and get closer to retirement, there are a lot of things to consider to be sure you’re prepared. Have you created a financial plan to determine if you can reach your retirement goals? Are you saving enough? Are you taking advantage of the retirement benefits you are offered? […]

Retirement marks a significant transition in one’s life. We all hope for a smooth transition from salaried to retired life. As you approach the five-year mark before retirement, it’s crucial to start making strategic decisions to ensure a smooth and financially secure transition. In this article, we’ll explore the top five considerations you should keep […]

Parents want what is best for their children, and watching them struggle financially is not easy. However, financially supporting your children for longer than initially anticipated could cause a delay in your retirement and, in some cases, create an unhealthy financial dependence. It is never too early to understand the impact that helping your adult […]

Put simply, people work most of their lives to meet current expenses, obtain certain goals, and hopefully enjoy retirement. For some, retirement means kicking back more in their later years and spending time with loved ones. It may also look like helping children and grandchildren with educational endeavors or making sure loved ones are taken […]

The year has changed, and along with it, contribution limits to many tax-advantaged accounts. Each year the Treasury Department reviews the contribution limits in light of inflation data. As we all have read about or experienced as consumers, 2021 was a big year for inflation. Therefore, contribution limits for many tax-advantaged accounts have increased for […]

The most significant financial goal many people have is saving for retirement. Unfortunately, with the disappearance of pensions and worries over the stability of Social Security, many people find themselves wholly responsible for their own retirement plan, and very few have the knowledge or tools to tackle this complex task. In this article, we’ll review […]