Inheriting assets or wealth from a loved one can bring both financial opportunities and responsibilities. Managing an inheritance involves careful consideration of estate distribution and tax implications to maximize its benefits and minimize potential challenges. Here's a step-by-step guide to help you effectively manage an inheritance.

Retirement planning is a crucial aspect of financial management, ensuring a comfortable and secure future. However, it requires careful consideration and assessment to ensure that your retirement income meets your lifestyle needs. Here's a comprehensive guide to help you evaluate your retirement readiness and calculate your retirement income needs effectively.

Career transitions are an inevitable part of life, presenting both opportunities and challenges. Whether you're navigating job changes, facing a layoff, or venturing into entrepreneurship, maintaining financial stability is crucial. At Pinnacle, we understand the complexities of career transitions and the impact they can have on your financial well-being. With our comprehensive planning reimagined approach, we're here to provide guidance and support as you navigate these transitions, ensuring you remain financially secure and empowered to pursue your goals.

Attorneys play a critical role in financial planning, though their contributions are sometimes overlooked. While their expertise in legal matters is well-known, their involvement in wealth management discussions can significantly enhance the overall financial well-being of clients. In this article, we explore why attorneys should be at the wealth management table with their clients and how they can be compensated for their valuable contributions.

Social Security has been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you.

Traditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 36.6 million U.S. households. And Roth IRAs, created as part of the Taxpayer Relief Act in 1997, are owned by nearly 27.3 million households. Both are IRAs. And yet, each is quite different.

What workers anticipate in terms of retirement income sources may differ considerably from what retirees actually experience. For many people, retirement income may come from a variety of sources. Here's a quick review of the six main sources.

When financial markets turn volatile, some investors show their frustration by fleeing the markets in search of alternatives that are designed to offer stability.

In a 2022 survey, 35% of all workers reported they were either “not too” or “not at all” confident that they would have enough money to pay for their medical expenses in retirement. Regardless of your confidence, however, being aware of potential healthcare costs during retirement may allow you to understand what you can pay for and what you can’t.

The Social Security program allows you to start receiving benefits as soon as you reach age 62. The question is, should you?

Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor.

Some of us share a common experience. You're driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops.

“Are you aware the registration on your car has expired?”

You've experienced one of the costs of procrastination.

Many Americans, through circumstances beyond their control, find themselves needing to retire earlier than anticipated. Whatever the circumstances, it’s difficult not to feel wrongfooted and hurried by the situation.