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Welcome to the WellSpring Financial blog page. We'll provide updates about the firm as well as our thoughts and commentary on various items that may impact your financial life.

Friday, May 8, 2026

Have you heard of the concept known as “Revenge Savings”? Gen Z’ers (born 1997 to 2012) have popularized the “vibe-based budgeting” this year. It’s the idea of stockpiling money to prepare for economic uncertainty, including a cooling...

Friday, May 1, 2026

Over the next few weeks, investors will hear about the Q1 business climate from roughly 90 percent of Standard & Poor’s 500 companies.It’s called “Earnings Season,” and it happens four times a year. Investors will hear about the...

Friday, April 24, 2026

Market timing requires a skill that’s almost impossible to master.An investor not only has to determine when stock prices have peaked (so you can sell), but also when they have bottomed (so you can buy).In recent weeks, many people...

Friday, April 17, 2026

April is National Financial Literacy Month, and if you're looking for one conversation that could change how the teens and young adults in your life think about money, start with their coffee order. A daily $5 Frappuccino costs $1,825/year.

Friday, April 10, 2026

Something remarkable is happening right now—and it’s too good to miss.NASA's Artemis II mission has sent four astronauts on a 10-day journey around the far side of the Moon—the first lunar mission with a crew in over 50 years.This is a...

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Friday, April 3, 2026

Now is a perfect time to focus on financial literacy—a crucial skill that can help almost everyone. Remember those early money lessons, perhaps with a childhood piggy bank. This is a great opportunity to reflect on how those experiences...

Friday, March 27, 2026

As we welcome April, the Social Security Administration is marking National Social Security Month. This annual public awareness campaign is a wonderful opportunity to learn about how Social Security works and how to get more info about...

Friday, March 20, 2026

While markets have been known to “climb a wall of worry,” they can struggle during periods of uncertainty.Events in the Middle East are creating a great deal of uncertainty.Look no further than the outlook for short-term interest rates...

Friday, March 13, 2026

Get ready to start seeing the name “Fed Chair Kevin Warsh” when you receive updates about the Federal Reserve on your news feeds.In short order, the Senate Banking Committee is expected to move ahead with the confirmation process for...

Friday, March 6, 2026

Rising tensions in the Middle East have added uncertainty to markets, but volatility during global events is normal. Your financial strategy was designed for moments like this, and staying disciplined remains key to long-term success.

Friday, February 27, 2026

Is the “lock in” breaking, or are homeowners going to double down on their low-cost mortgages?The most recent stats show that 20 percent of home borrowers now have mortgages with an interest rate over 6 percent, indicating they have...

Friday, February 20, 2026

I wanted to address a common challenge my clients face: Schedule K-1 forms. These forms can cause stress and concerns for those aiming to file by the April 15 deadline. Despite this recurring deadline, the timely receipt of these...

Friday, February 13, 2026

As Tax Day approaches, we understand the pressure many of you might be feeling to get everything in order. Whether you've been caught up in life's demands or simply need a bit of guidance to help you make the most of your tax situation...

Friday, February 6, 2026

Stocks were mixed last week as investors navigated Q4 corporate results, a widely expected Fed decision, and a handful of economic reports.The Standard & Poor’s 500 Index rose 0.34 percent, while the Nasdaq Composite Index edged down 0...

Friday, January 30, 2026

Warren Buffett’s quotes have provided clarity during confusion over the years.But his final act speaks louder than any expression. He did nothing.As CEO, Buffett had nearly $400 billion in cash to spend in 2025. But he found no...

Friday, January 23, 2026

Banks grow faster when customers trust them. Younger people feel confident about money and investing. And when things feel uncertain, investors still turn to gold. Relationships, confidence, and safety are shaping today’s financial trends.

Friday, January 16, 2026

Most seniors will need extended care—and it’s costly. Nursing homes, assisted living, and in-home care often aren’t covered by health insurance. Extended care insurance may help manage these expenses. Let’s explore your options.

Friday, January 9, 2026

When you see the word “forecast,” it should be closely followed by, “Forecasts are based on assumptions and are subject to revisions over time. Financial, economic, political, and regulatory issues may cause the actual results to...

Friday, January 2, 2026

A little preparation can make tax season easier. Start gathering key documents, review past records if needed, and reach out if you need help with investment statements. A tax professional can guide you through changes.

Friday, December 26, 2025

Markets rise even when worries dominate headlines. History shows uncertainty doesn’t stop progress. Don’t let fear drive decisions—your goals, timeline, and risk tolerance matter more than today’s headlines.

Friday, December 19, 2025

New rules allow leftover 529 funds to roll into a Roth IRA—but with limits. Plans must be open 15 years, transfers cap at $35K, and recent contributions can’t be moved. Ask us how this fits your college strategy.

Friday, December 12, 2025

Lower Fed rates don’t always mean lower mortgage rates. Mortgages follow bond markets—especially the 10-year Treasury—not short-term Fed moves. Inflation and investor expectations still play a major role.

Friday, December 5, 2025

At times, 2025 felt like an extraordinary year for stock investors. From tariff uncertainty to international tensions to drama at the Fed, 2025 felt like no other year before. But in hindsight, 2025 was pretty ordinary. In fact, from...

Friday, November 28, 2025

Your retirement strategy is a journey that requires foresight, diligence, and a clear understanding of your financial needs. While there's no one-size-fits-all rule for determining how much you need to retire, there are some helpful...

Friday, November 21, 2025

AI talk is everywhere, but the companies behind it are solid. Your investment plan is built for your goals and timeline. If the headlines feel stressful, we're here to help.

Friday, November 14, 2025

A retirement strategy isn’t about beating the market—it’s about getting where you want, when you want. Focus on your goals, not headlines. Life changes, so your plan should adjust too. That’s the real way to measure success.

Friday, November 7, 2025

Military retirement takes planning. Use TAP for guidance, understand your pay system, and review TRICARE and FEDVIP options. Plan income, insurance, and benefits early to ensure a smooth transition to civilian life.

Friday, October 31, 2025

As the government shutdown lingers, I’m answering more questions about, “How long is this going to last?” I can only point to history as a guide. Since 1976, we’ve experienced 20 shutdowns, averaging eight days in length. The longest...

Friday, October 24, 2025

The IRS announced 2026 tax brackets and deductions following the One Big Beautiful Bill Act. Standard deductions rise, AMT exemptions increase, and credits adjust. Review updates and consult a tax professional to prepare for 2026 changes.

Friday, October 17, 2025

FAFSA for 2026–27 opens Oct. 1. No income limit to apply. Gather tax info early and check school deadlines. Some assets no longer reported. New loan rules start July 2026. Visit StudentAid.gov to apply.

Friday, October 10, 2025

Retirement isn't just an ending; it's a vibrant new beginning—a chance to design your next chapter with intention. For many women, this pivot from a career-focused life to one of personal fulfillment requires thoughtful strategy,...

Friday, October 3, 2025

You’ve probably had several people ask you, “How will you be spending this holiday season?” As your financial professional, my emphasis on the “spending” means something different. Have you started your holiday preparations? Only 24...

Friday, September 26, 2025

You've likely heard about the "One Big Beautiful Bill Act," which was signed into law on July 4, making many of the 2017 Tax Cuts and Jobs Act provisions permanent. Given the bill's length (887 pages) and complexity, we wanted to help...

Friday, September 19, 2025

“Adjusted for inflation” is a phrase you may think isn’t important. But when you see it in action, you might change your mind. Let’s examine how “adjusted for inflation” has affected a couple of tax rules and their impact on Social...

Friday, September 12, 2025

The hottest accessory trend of summer 2025 is the Labubu doll. But if you don’t hang out with Gen Z’ers (13 to 28 years old), you may have missed it. Labubus are plush mini monsters that can be worn on backpacks, purses, or belt loops...

Friday, September 5, 2025

There’s something for everyone in the One Big Beautiful Bill Act of 2025. In fact, the Tax Foundation calculated that the new law avoided a tax hike on 62 percent of tax filers in 2026. In dollars and cents, that works out to almost...

Friday, August 29, 2025

Stocks were mixed last week despite a powerful Friday rally sparked by Federal Reserve Chair Jerome Powell, who opened the door to adjusting short-term interest rates. The Standard & Poor’s 500 Index picked up 0.27 percent while the...

Friday, August 22, 2025

Hardly a day goes by that someone doesn’t say to me, “I’m putting off a decision until the Fed changes interest rates.” But I’m quick to remind people that the “rate dominoes” don’t always fall as you may expect. Here’s what could...

Friday, August 15, 2025

The Federal Reserve has what’s called a "dual mandate"—keep everyday prices stable while promoting an economy that creates jobs. Managing that dual mandate is becoming more challenging this year, with prices and jobs giving mixed...

Friday, August 8, 2025

The last two weeks of July were about as action-packed as it gets for investors. Here’s a quick recap of the highlights: The U.S. economy. Gross domestic product grew at a 3 percent rate in Q2, better than the 2.3 percent forecast....

Friday, August 1, 2025

If I told you young people are the fastest adopters of AI, would you be surprised? Unlikely. But, if I told you the biggest percentage increase of AI users in the past year was people 65+, you might give me a double-take! Today’s...

Friday, July 25, 2025

Sometimes unconventional indicators can shed some light on what’s happening with the economy. As you can see, traffic from 20-foot ocean containers is at its highest level since January 2022. That’s a solid rebound from earlier in the...

Friday, July 11, 2025

My new favorite daytime financial drama is called, “As the Fed Turns,” starring Jerome Powell with his Fed members as the supporting cast. In a recent episode, Fed Chair Powell made it clear he’s taking a wait-and-see approach to...

Friday, June 27, 2025

During the most recent round of shareholder calls, CEOs had one big question to answer: “What’s going on with tariffs?” In earlier quarters of 2024, the focus was on inflation and artificial intelligence. But this time, the spotlight...

Friday, June 20, 2025

Did you know that for the 2024–2025 academic year, the average cost for one year of college—including tuition, fees, room, board, and other expenses—is $29,910? That price is for public four-year, in-state schools. To attend a private...

Friday, June 13, 2025

Managing your traditional or Roth IRA each year is a powerful step toward building your retirement strategy. In 2025, you can contribute up to $7,000—or $8,000 if you're 50 or older (depending on your modified adjusted gross income)....

Friday, June 6, 2025

In case you didn’t know, June is National Internet Safety Month. With nearly 5 billion people on social media worldwide, plus the risks of using online brokerage and bank accounts, the need for digital security has never been higher.1...

Friday, May 23, 2025

May is a month to celebrate the older Americans in our country and honor their lives and the accomplishments they still have ahead of them. Older Americans Month was established in 1963 by President John F. Kennedy to bring awareness...

Friday, May 16, 2025

One of the greatest ways we can say “I Love You” to our family is with a heartfelt love letter. Did you know that having a life insurance policy in place for your family is also another genuine way to say “I Love You?” It’s also a...

Friday, May 9, 2025

Did you know that for the 2024–2025 academic year, the average cost for one year of college—including tuition, fees, room, board, and other expenses—is $29,910? That price is for public four-year, in-state schools. To attend a private...

Friday, May 2, 2025

Working towards retirement is a lot like climbing a mountain – you celebrate at the top! But what about your way down? Are you accounting for possible risks, which will be different than the risks from the on the way up the mountain?...

Friday, April 25, 2025

It’s easy to get excited reading the news. With all of the storm and stress of the last few years, it’s only natural to react to each ping of our phone’s news apps with a deep sigh and a cynical “what now?” The truth is, there’s...

Friday, April 11, 2025

The price action in this year’s stock market has me humming the 1970s tune by The Carpenters called “Rainy Days and Mondays.” As the chart shows, Mondays and Fridays have been awful for investors, while the mid-week days have...

Friday, April 4, 2025

Spend today, save tomorrow? Okay, we've all been there. But if it seems you're always living paycheck-to-paycheck and never able to save anything for the future, then it may be time to make a change . April is Financial Literacy Month...

Friday, March 28, 2025

The SECURE Act 2.0 has introduced catch-up contribution choices for those aged 50+, designed to help boost your retirement savings. These enhanced catch-up provisions are available if you're participating in workplace retirement plans...

Friday, March 14, 2025

Soon the snows will melt and the grey will fade into rainbow hues and newness of life. I know I'm ready for Spring and the warmth it brings! One of the signs of spring is the butterfly. Consider the story of the caterpillar: In order...

Friday, March 7, 2025

The general enrollment period for Medicare goes from January 1st to March 31st. If you haven’t decided yet, your time is running out for the year. It may not be immediately clear what this specific enrollment period is for, as several...

Friday, February 28, 2025

People often say “life is short” as a reason to do or buy something right away rather than waiting. But the truth is, life is not short. Life is long. Are you at that point in your life where you have many financial questions and need...

Friday, February 21, 2025

Have you ever heard the expression, “It’s a buyer’s market?” That phrase describes what’s happening with today’s residential real estate: homes are selling for under their asking price and are taking longer to sell. Good news for...

Friday, February 14, 2025

Recently, a friend of mine experienced his father-in-law getting scammed out of part of his retirement savings. I wanted to take the opportunity to share this real-life scenario with you: He got a phone call from someone claiming to...

Friday, February 7, 2025

“A goal without a plan is just a wish,” wrote French author Antoine de Saint-Exupéry in the 1942 classic, “The Little Prince.” In financial services, we like to say, “Investing without a strategy is just a dream.” At its core, an...

Friday, January 31, 2025

The Kansas City Chiefs and OUR VERY OWN Philadelphia Eagles are set for Super Bowl LIX on Sunday, February 9. Over the years, the Super Bowl has gone from a mere championship game to a cultural event, earning both national and...

Friday, January 24, 2025

2025 401(k) Contribution Limits The 2025 contribution limit for 401(k) accounts is $23,500. For those older than 50, it is $31,000. If you have access to an employer-sponsored 401(k) account, determining how much to put into this...

Friday, January 17, 2025

Working towards retirement is a lot like climbing a mountain – you celebrate at the top! But what about your way down? Are you accounting for possible risks, which will be different than the risks from the on the way up the mountain?...

Friday, January 10, 2025

With 2024 coming to a close, I want to share my thoughts on America's current fiscal policy, geopolitical elements, and other factors that may help shape 2025's financial landscape. This transition period offers both challenges and...

Friday, July 19, 2024

As we continue through 2024, we wanted to share some data that many may find positive. Fidelity Investments just announced that 440,000 retirement savers reached an incredible milestone in 2023: $1 million in their 401(k).1 That's...

Thursday, June 6, 2024

Women and Wealth: A Pivot Towards Retirement Retirement is a significant transition, and it can bring both challenges and opportunities for women who have spent many years focused on their careers. For women approaching retirement age,...

Wednesday, February 28, 2024

Wall Street keeps asking, “When will the Fed start cutting interest rates?” But perhaps the better question is, “What is the Fed looking for before it would consider cutting interest rates?” As you may recall,...

Friday, September 29, 2023

Much is written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Some classic financial missteps have been known to plague retirees, too. Calling them "missteps" may be a bit...

Friday, August 4, 2023

Ever considered writing your own will? While you can draft a will on your own, there are plenty of reasons why you may not want to go that route. Most people do it to save money, but they may overlook or forget to take care of some...

Friday, April 28, 2023

Eight Mistakes That Can Upend Your RetirementPursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible.No Strategy: Yes,...

Tuesday, March 7, 2023

Does Your Portfolio Fit Your Retirement Lifestyle?Most portfolios are constructed based on an individual's investment objective, risk tolerance, and time horizon.Using these inputs and sophisticated portfolio-optimization calculations,...

Friday, January 20, 2023

SECURE Act 2.0: An OverviewIn the final days of 2022, Congress passed a new set of retirement rules designed to facilitate contribution to retirement plans and access to those funds earmarked for retirement.The law is called SECURE 2.0...

Wednesday, November 23, 2022

New Retirement Contribution Limits for 2023The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year. After months of high inflation and financial uncertainty, some of these...

Monday, July 11, 2022

INVESTMENTREAD TIME: 3 MINDo Our Biases Affect Our Financial Choices?Investors are routinely warned about allowing their emotions to influence their decisions. However, they are not often cautioned about their preconceptions and biases...

Tuesday, June 28, 2022

In case you didn’t know, June is National Internet Safety Month. With nearly 4 billion people on social media worldwide, plus the risks of using online brokerage and bank accounts, the need for digital security has never been...

Tuesday, January 4, 2022

Monday, January 3, 2022

Sunday, January 2, 2022

Saturday, January 1, 2022

Friday, December 31, 2021

Thursday, December 30, 2021

Thursday, January 7, 2021