THE SHP FINANCIAL BLOG
At SHP Financial, we focus on a customized investment and retirement strategy to help get you retired, and stay retired. To help you better understand your financial needs or assess your current investment and retirement strategies, we post a weekly blog. We hope you find these retirement and financial insight blogs helpful, and if you would like to take it a step further for a complimentary review of your current strategies, you can click to let your journey begin.
Travel in Retirement Without Overspending
So you want to become a world traveler in retirement, but you’re also a responsible person who knows they need to support themselves for the next 30 years. You can take advantage of your newfound ...
Here’s What You Need to Know About Social Security
Here’s What You Need to Know About Social Security Social Security is an important piece to the retirement puzzle. In fact, Social Security reaches nearly every family in America at some point in their ...
Are You Thinking About Buying a Second Home?
A home is one of the most significant purchases you’ve made in your lifetime, so you should take your time when thinking about buying a second one. The ability to rent the house, how you ...
Weekly Market Thought of the Week – The Latest U.S. GDP Reading Deserves a Closer Look
U.S. economy, as measured by the gross domestic product (GDP), grew 3.2% in the first quarter of 2019, accelerating its pace from 2.2% at the end of 2018. The reading came as a surprise to ...
The Rising Cost of Healthcare in Retirement
We know life is like a box of chocolates – but what about retirement? Do you really know what it holds, or how much it will cost? It’s easy to budget based on your current ...
Weekly Market Thought of the Week – Mixed Signals on the Economy from Stocks and Bonds
This year has been a great start for global stocks. The global stock market rally indicates investor appetite for risk has returned. Equities and lower quality fixed income investments rose sharply, recouping much of their ...
Have a Retirement Account? Be Prepared for Your RMDs!
If you’ve contributed to a 401(k) or IRA, you should prepare a strategy for your RMDs (Required Minimum Distributions). After many years of enjoying tax free growth, your retirement savings from non-Roth (i.e. traditional) accounts ...
How to Use Your HSA After You Turn 65
Do you have a Health Savings Account (HSA)? If so, you should note that the rules regarding HSAs change when you turn 65. Healthcare costs in retirement are rising, and an HSA can be a ...
Weekly Market Thought of the Week – Is the U.S. Economy Still the Greatest?
The gross domestic product (GDP) is the primary indicator of a nation's overall economic health. It represents the total value of all goods and services produced over a specific period of time and is often ...
Retirement Strategies for High-Income Earners
For the high-income earners and savers, retirement planning can look different – and more complicated than for others. Maybe you don’t just want to get by in retirement – maybe you want to travel and ...
Weekly Market Thought of the Week – First Quarter 2019
U.S. economic growth continued at a slower, but steady pace. U.S. GDP came in at a 2.2% annualized rate for the fourth quarter of 2018. This reading was slightly below expectations for the quarter, but ...
Don’t Overlook these Tax Breaks and Deductions
The 2017 tax reform eliminated several popular deductions in the interest of simplifying the tax code, but left the majority in effect, and actually added a few new one’s while improving others. It’s likely that ...