What is âthe marketâ?
There are different markets for investmentsâa stock market, a bond market, and a currency market, to name a few. But even when you narrow in on the stock market, for example, what do we really mean when we say, âThe stock market fell x% today?â Let's dive in.
Marry Your Finances
Marriage is a big decision, but the financial questions that come with tying the knot sometimes take a back seat to the excitement. We put together a checklist to help make the conversations around money a little bit easier.
College is expensive; 529 plans can helpÂ
Long before inflation hit the entire economy, it hit college prices. For decades, the cost of higher education has increased faster than prices overall, making it critical for parents to plan ahead if they want to help pay for their childâs education. In that time, 529 college savings plans emerged as the best tool available to help parents save. Letâs get into why you might want to open a 529, how they work, and how they fit into an overall financial plan.
Planning for RMDs in 2023
At Quorum, we want our clients to understand all of the potential sources of income theyâll have available in retirement. This often opens discussions about required minimum distributions (RMDs) and the role they play in a retireeâs income strategy.
