Financial planning attempts to predict the future using a series of assumptions. At its core, a financial plan is built on educated guesses about things we cannot fully control. A job change, an unexpected expense, or a shift in markets can quickly take life in a direction different from what was planned. Even the most…

Retirement planning can feel overwhelming, with so many things to consider. Questions like, “What should my investment strategy be?” or “When should I adjust my risk level?” often arise. While these questions are important, there’s one piece of the puzzle that’s both simple and often overlooked: your savings rate. Simply put, how much you save…

This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic. Download Quarterly…

As we approach the end of the year, there is still time to take advantage of tax-saving opportunities. This article outlines a few things to investigate before December 31. We recommend you consult your professional advisors before implementing any strategy to ensure alignment with your personal circumstances and overall financial plan. Employer Retirement Plan Contributions…

Diversification is a well-known strategy to manage investment risk, but how does it apply to taxes? Why would someone want to diversify their taxes, and how do you even do that? Tax diversification is a powerful tool that can help you strategically manage your tax liability now and in retirement. The United States tax system…

Northern Virginia Magazine named the following McLean Advisors to their 2024 Top Financial Professionals list: Alana Light Jessica Wunder Jason Rizkallah Athena Chang To compile the Top Financial Professionals listing, surveys were sent to all Northern Virginia financial professionals, asking them to recommend other financial professionals whom they would refer to friends and family. The…

Retirement is sometimes portrayed as a relatively uneventful, static chapter in life. In fact, nothing could be further from the truth! For most, retirement will be filled with significant life changes and transitions. Some of these changes we pursue, some we must learn to accept, some transitions can happen concurrently while others may require our…

Retirement is the beginning of a new chapter in life. It’s a time to explore new horizons, pursue passions, and embrace opportunities for personal growth and fulfillment. As you consider how to make the most of your time, it is important to stay active to maintain physical, mental, and emotional well-being. Below are some ideas…

The order in which you take funds can have long-term tax consequences that directly affect how long your savings last. Many retirees underestimate this, focusing only on how much they withdraw rather than how they withdraw. Your withdrawal strategy can make a significant difference in how much of your money you keep after taxes. By…