Articles Showing articles written by: Mike Brady, Michael Brady & Co. Wealth Management

A balanced retirement: It's not just about the money

When most people think of retirement planning, they think of the financial aspects. How much will I spend each month? How much money do I need to have accumulated to create an income large enough to cover those expenses? When should I claim my Social Security benefits? Will I outlive my money? As important as the financial aspect of retirement...

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Here’s how to estimate what you’ll owe in retirement taxes

Your lifestyle will change when you retire. From your routine to your hobbies to your money, you will see a significant shift in the operation of your daily life. One thing that will not change, however, is paying taxes. Taxes will still be involved in your financial responsibilities when you retire. The money generated from your retirement...

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Tightening the belt on your finances

Unless you are completely unplugged from the world, it was impossible for you to not have heard about the recent 35-day shutdown of the U.S. government. The media reported on many government employees who, without a paycheck or adequate cash reserves, were unable to pay their rent or mortgage, pay for heat and electricity, and were unable to feed...

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Since many of you have maybe never seen a decline in the stock market of this amount, here are five things to do right now

Many of you are going to open your investment account statements and see something that you haven’t seen in a while—losses. And many of you will wonder what you should do about that. The stock market as measured by the S&P 500 index was down about 6.5 percent for the year 2018, with big declines coming in the last quarter of the...

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Is it time for a free one-hour review of your goals and plans?

With investment account statements showing losses this year, many people are questioning whether they have the proper mix of investments in those accounts to match their tolerance for loss. Since 2009, the stock market has experienced mostly positive results with minimal price fluctuation. More recently it seems that that price...

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