At Middlebrook Wealth, we're committed to providing our clients with the knowledge and expertise they need to navigate complex financial decisions. That's why we're excited to share with you our latest certification achievement. Seth Liskey as a Certified Exit Planning Advisor (CEPA®).

One crucial aspect of retirement planning is considering when to start taking your social security benefits. There are many factors and considerations involved in making this decision, including assessing your personal health and financial needs and understanding the impact of potential penalties or bonuses associated with different claiming strategies.

Let's break down the key differences between these two roles to help you make informed decisions about your financial well-being. Collaboration between both roles ensures that investment decisions align with your overall financial strategy.

In the complex world of investing, success is dependent on more than just capability and know-how. It requires a specific mindset – a blend of patience, discipline, and continuous learning.

Dollar-cost averaging is an investment strategy where an investor regularly contributes a fixed dollar amount into their investment accounts, regardless of the price of the assets at the time of the investment.

A Roth IRA account is a retirement account to which you can contribute after-tax dollars. Since you’ve already paid tax on the money being invested into the Roth IRA, your contributions and the earnings on those contributions can grow tax-free and be withdrawn tax-free. 

When it comes to managing your retirement accounts, there’s a term you’ll want to get familiar with: Required Minimum Distributions, or RMDs.