Health insurance: Your guide to coverage and costs
Healthcare expenses can destroy even the most carefully crafted budget. Our goal with this overview is to help you understand the costs and coverage associated with health insurance so you aren’t surprised.
Don’t let money hurt your marriage
When you marry someone, you pledge for richer or poorer. And yet, money drives couples to divorce with alarming frequency. In our experience, there’s a lot of ground to cover in between richer and poorer, and open communication can be key to creating a strong financial foundation. The following guide can help you jump start […]
Prep your finances for marriage
Marriage is a time for celebration. It’s also a major life event that requires significant reflection and planning. As you prepare to join your lives before family, friends, and God, it’s important to remember that you’re also combining your finances. Done thoughtfully, this can strengthen your union. This worksheet can help you set yourself up […]
The secret to timing the market
If you want to become a successful investor, there’s one “rule” to follow: Buy low, sell high. Of course, this is far easier said than done. In fact, trying to follow this rule—known as timing the market—can famously derail even the best investing strategy. That doesn’t mean you should abandon the goal to buy low […]
The Revo guide to getting out of debt
Debt is a reality of life for most of us. Even if we’re committed to saving and paying for cash whenever possible, credit fuels the financial system. As such, a smart financial plan includes smart use of credit. Still, sometimes debt builds up despite our best intentions. Maybe you faced an emergency expense beyond what […]
How different investments are taxed
Each year, we field numerous client questions about minimizing their taxes. The questions tend to focus on how the tax advantages of a traditional IRA stack up to a Roth account and other basics. However, keeping our tax conversations high-level often means glossing over significant opportunities for tax savings. In this article, we’re going to […]
Traditional vs. Roth accounts: How to plan for taxes in retirement
When it comes to choosing which type of tax-advantaged account is better, many personal finance pundits favor traditional retirement accounts over Roth accounts. Their logic is simple and sound: You probably make significantly more money now, during your peak working years, than you’ll be making in retirement, when you’re living off your savings. But when […]
Social Security: Beyond the basic benefits
There’s no single key to happiness in retirement, but understanding your Social Security benefits can go a long way toward helping you (and your family) maximize your income as you age. To make the most of your benefits, you need to understand how they’re calculated as well as who qualifies. We dug into the first […]
Your Social Security benefits, explained
Social Security and Medicare make headlines each election cycle as politicians float big questions around the viability of public safety nets in America. As such, each new administration spends time discussing potential revisions to these core programs. Given the impact any update to Social Security or Medicare could have on Americans—both those nearing retirement and […]
The Revo Financial guide to budgeting
For many of us, budgeting can feel like a loaded term. It’s one of those words, along with diet, that immediately triggers thoughts of restriction, limitation, and deprivation. But much of this comes down to perception. After all, anyone who eats has a diet; anyone who deals with money has a budget. Applying meaning to […]