Walsh Logo New 1 Gray no background

Client Login
Comprehensive Wealth Management
IL: 815-748-2130 • FL: 941-952-1188






WALSH & ASSOCIATES BLOG

Whether they’re good, bad, or somewhere in between, there are certain life events that should have a financial plan. According to a study done by the Retirement Income Industry Association (RIIA), households that regularly get advice before making a financial decision fare better than those who rarely or never get advice1. The study, done over a ten year period, looked…
After two years of work, the Bipartisan Policy Center (“BPC”) has released a 146 page report1 jam-packed with ideas on how to improve our nation’s retirement plans. The report goes over everything from improving workplace retirement savings plans to modernizing the Social Security program – and we can tell you right now, high-earners are not going to like the changes. Strengthening…
Though relatively unknown, there’s a law on the books that could put adult children in a situation that jeopardizes their savings. If your parents live in one of 29 states or Puerto Rico that has filial responsibility laws, you could be held legally responsible for their care. That means should your parents not have the financial resources to take care…
While the task of organizing your financial records may seem like a tedious and unappealing afternoon-long chore, we highly recommend taking the time to do so. Keep in mind, your recordkeeping system doesn’t have to be complicated. As long as you understand it and can maintain it, that’s good enough! Here are some guidelines to follow to make the organization…
As much as we wish it wasn’t true, there are some common mistakes we see over and over again that people make with money. But it’s not necessarily surprising - according to Standard & Poor’s Ratings Services Global Financial Literacy Survey, only 57% of U.S. adults are considered financially literate1. That means 43% of the United States population does not…
– Exclusive Event Held This Year at St. Regis Monarch Beach, Dana Point, CA – –Brings Together Top LPL Financial Advisors Serving Affluent Families and Institutional Clients – Sarasota, FL – May, 2016 – Walsh & Associates, an independent wealth management firm announced today that Joseph Walsh, Jr., CEO Wealth Advisor and Joseph Walsh, III, Wealth Advisor of Walsh &…
As economic times change and people begin to live longer, it’s becoming more and more common for workers to continue working through retirement. In fact, the 16th Annual Retirement Survey put out by Transamerica Center for Retirement Studies found that 51% of people plan to keep working in retirement1. Luckily, the Social Security system allows you to earn income while…
  1. How big of a benefit is it really?It would cost a 66 year old man approximately $575,000 to purchase a joint life immediate annuity that generates $2,000 per month in income with 3% cost of living increases according to a CANNEX quote I ran in 2015. Social security can be one of your largest assets and getting it…
In a world overflowing with financial advice, like when you should start contributing to a 401(k), or how much you should be saving now to become a millionaire by 60, and so on and so forth – sometimes it’s good to get a new perspective. That’s why we’d like to present you with some financial advice from the other end…
When preparing for our financial planning meetings, we occasionally ask clients for various financial statements - be it insurance statements, tax returns, etc. At times, we’ll request to see documents that go a few years back. And during tax season? If you’ve ever been audited by the IRS, you better believe they’re going to ask for anything and everything they…
Page 4 of 4