As we get older, it’s easy to look back and see where we could have made smarter financial choices, especially when it comes to retirement. Maybe you didn’t take full advantage of your 401(k) match, or you didn’t build that emergency fund when you had the chance. The good news? You can still take control…
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As we hit the halfway mark in 2025, now is a great time to pause and assess your financial progress. Whether or not you’ve met with your advisor recently, this point in the year offers a natural moment of reflection. Are you on track to meet the goals you set in January? Are there areas…
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Captain’s Log The Loss of Purchasing Power on Excess Cash, CDs, and Money Market Holdings: A Look Back at 2020–2024 I remain fascinated—not by clients’ and prospects’ decisions to hold excess cash beyond their emergency funds and upcoming large purchases—but by the reasons behind them. Often, it’s due to fear of losing principal, the safety…
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When it comes to retirement, Social Security is one of the biggest pieces of the puzzle—but it’s also one of the most misunderstood. You’ve likely heard a mix of advice from friends, family, or headlines: “Claim as early as you can,” “Wait until you’re 70,” “Take the money before it runs out.” With so many…
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Captain’s Log Simplify Your Financial Life with One Trusted Advisor In today’s complex financial landscape, investors often seek professional guidance to manage their portfolios and plan for the future. While some may consider hiring multiple advisors—believing it provides diversification or additional insight—the reality is that working with a single trusted financial advisor can offer far…
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Caps are flying, cameras are flashing—and just like that, your student is stepping into a whole new world. Whether they’re packing for a dorm or prepping for their first full-time job, graduation isn’t just a celebration; it’s a launchpad. This is the perfect time to start real-world money conversations. Here are some key financial topics…
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Captain’s Log Turning Challenges into Opportunities: How to Invest Strategically Amid Tariffs and Market Volatility If you’ve been watching the headlines lately, you’ve probably noticed the word tariffs popping up more and more. And every time it does, the market seems to react—sometimes sharply. It’s enough to make even seasoned investors a little uneasy. But…
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Let’s face it: life doesn’t follow the same script for everyone. Some people want a house full of kids; others dream of early retirement and world travel. Some are supporting aging parents, while others are figuring out how to pay off student loans or start a business. And that’s exactly why your financial plan should…
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Captain’s Log The Hidden Cost of Cash: How Inflation Erodes Your Purchasing Power At Anchor Wealth, we encourage our clients to maintain cash savings at their banks for emergency funds, sinking funds, and large expenses expected within the next 12 months. Recommended Cash Allocations: Emergency Fund – Maintain 3 to 6 months of living expenses.…
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Investing can feel like a roller coaster, there are ups, downs, and a lot of noise along the way. Every day, there’s something new grabbing headlines: the latest stock craze, a hot new crypto coin, or a friend swearing by the “next big thing.” It’s tempting to jump on the bandwagon. But here’s a simple…
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