Here’s What We Think

Families will talk about almost everything. Careers, health, vacations, weddings, all of it! Money, however, can be a little different. Many parents have spent decades building their wealth but have never had a serious conversation with their children about it. There is often worry that sharing too much will change their children's behavior, create expectations around an inheritance, or just flat out make everyone uncomfortable.

Although we are still waiting for additional guidance from the Treasury Department and the Department of Education, we now know enough about Trump Accounts to determine where they fit in a family's financial plan. In my opinion, they are an excellent addition to the investment options available for children—but they aren't a replacement for every other savings account.

For many retirees, charitable giving is an important part of their financial life. Whether supporting a church, alma mater, local nonprofit, or national cause, giving can be both personally meaningful and financially strategic.

When kids start earning money, especially from summer jobs, it’s a huge opportunity. Not just to build savings, but to build financial clarity and habits that can last a lifetime.

There’s something comforting about cash. Seeing a healthy balance in your checking or savings account can bring a real sense of stability. It’s accessible, predictable, and doesn’t come with the ups and downs of the market.

Another Forecast event is in the books. Despite the weather, we had an attendance of 231 people for a nice dinner and a presentation on the markets, economy, financial planning and our investment strategies.