Do Trump Accounts make sense for you?
In 2026, a provision of 2025’s One Big Beautiful Act became available to use: Trump Accounts. These accounts combine many of the features of existing accounts into a new package with distinct benefits. What are Trump Accounts Congress describes Trump Accounts as “individual retirement accounts (IRAs) that operate under a unique set of rules.” Let’s […]
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. Whether it’s setting up a daily budget or getting on the same page about long-term goals, […]
Why even wealthy families need budgets
At its core, budgeting is about money coming in and money going out. Anyone who earns and spends money has a budget. (Similarly, anyone who eats food has a diet.) While we tend to have restrictive notions about budgeting and dieting, neither is inherently tied to restriction. In fact, optimization tends to be a […]
How to manage the emotional impact of sudden wealth
A sudden influx of money—the kind that comes from an inheritance, settlement, sale of a business, or similar big money event—can come with emotional strings attached. In fact, large paydays have such an emotional impact that therapists have begun referring to the phenomenon as sudden wealth syndrome. While it isn’t a clinical diagnosis, numerous psychologists […]
Women: Get the most out of your financial advisor relationship
There are so many misconceptions around how women handle money, and they can impact how women interact with financial advisors. Sue Mazzetti reviews common questions.
Do women need to take a different approach to wealth?
When it comes to women and money, the financial services industry sometimes misses the mark. Certain assumptions—like the idea that women are more risk averse than men—can be circumstantial rather than inherent. To that end, I want to dedicate some time to the unique challenges women face when it comes to financial planning, plus strategies […]
Tips to pay for healthcare in retirement
Aside from housing, healthcare is the biggest cost for most retirees. That can make budgeting for healthcare a particularly tricky part of retirement planning.
Build the best paycheck for retirement
Regardless of how successful you are, the transition from a steady paycheck to relying on your retirement savings can be challenging. The way you generate income in retirement—how you prioritize different sources of income and time your withdrawals—can have a big impact on your portfolio, your lifestyle, and even your legacy. Working with a financial […]
More money, new problems
Recently, a reporter reached out to me with a question: Why do people making a high salary end up poor? While poverty is relative, making a good salary but feeling broke is more common than many of us realize. It’s something we help clients with at Quorum Private Wealth; we want to ensure that you […]
Kelly Milligan’s tips featured in “8 Ways People Become Poor While Earning a High-End Salary”
We’ve written extensively on this blog about how to protect the money you work so hard to earn. Recently, GOBankingRates asked Quorum Managing Partner Kelly Milligan to share his insights on how folks who earn more than $100,000 a year can avoid the kind of money mistakes that will derail their long-term goals and keep […]
