Skyline Wealth Strategies

05/30/2023

Understanding healthcare insurance basics can help individuals make informed decisions to help them stay healthy through retirement without running into unexpected costs.

Healthcare insurance is a crucial aspect of managing one's health and finances. Understanding its basics can help individuals make informed decisions to help them stay healthy without running into unexpected costs. Here are some important points to keep in mind:  

05/23/2023

Learn about target-date funds, what they are, how they work, and how they may help you with your retirement planning in this week's blog!

A target-date fund is an investing tool, often in the form of an ETF or mutual fund, that adjusts its investment strategy based on how much time there is until the target date. The investments are strategized

05/15/2023

In most cases, you can’t actually keep your money in your retirement accounts forever... but why not?

In most cases, you can’t actually keep your money in your retirement accounts forever. Even if you don’t need the money from your retirement accounts, many of them will require you to begin withdrawing

05/08/2023

You may know plenty about the differences between traditional IRAs and Roth IRAs, as well as the risks to your IRAs in this market, but what happens to an IRA (or other retirement account) that still has money in it when its owner passes away?

You may know plenty about the differences between traditional IRAs and Roth IRAs, as well as the risks to your IRAs in this market, but what happens to an IRA (or other retirement account) that still has money in

05/01/2023

With the recent turmoil in the banking sector, it’s understandable to worry about your bank savings. But before worrying, it’s important to know how your money in the bank is protected. So, how safe is your money, really?

With the recent turmoil in the banking sector, it’s understandable to worry about your bank savings. But before worrying, it’s important to know how your money in the bank is protected. So, how safe is your

04/24/2023

Many couples file jointly, and while it can sometimes help save on your taxes, it isn’t always the best option in each case! Here are some important factors to consider if you are filing taxes as a married couple.

Even as tax season winds down, it’s still important that you consider tax strategy as part of your financial picture. Many couples file jointly, and while it can sometimes help save on your taxes, it isn’t always the best option

04/18/2023

If you are headed toward retirement soon, or you have just retired, you may find yourself wondering, “Is my nest egg enough?”

If you are headed toward retirement soon, or you have just retired, you may find yourself wondering, "Is my nest egg enough?" It's a common question and one that causes a lot of people a lot of

04/10/2023

Let's discuss the main differences between an expense and an investment and why sometimes, the reasoning to back up each cost can make a difference.

In theory, the definitions of an investment or an expense are quite clear-cut. An expense, or cost, is simply the dispensing of time, money, or resources. An investment, while an expenditure, comes with the expectation of

04/03/2023

As an HNWI, you may not be too worried about depleting your funds in retirement, but there are many complexities that come into play that can eat away at your wealth faster than you think. Let's discuss a few tips and tricks that can help you make the most of your golden years.

https://skylinewealth.com/navigating-retirement-as-a-high-net-worth-individual/

03/20/2023

Instead of qualifying our current economic situation as a recession, experts have been using the term “rolling recession.”

What Is A Rolling Recession? You may have noticed that the economy after the pandemic has been very up and down. And while there has been talk of a possible recession for a few years now, we

03/14/2023

You’ve likely heard the news that Silicon Valley Bank (SVB) has experienced a financial shock. In a matter of a few short days, Silicon Valley Bank lost its funds and went under. So, let’s get into the facts that can help put this event into context.

03/13/2023

If you've acquired several different retirement accounts throughout your career, it's important before you retire to start putting those different pieces together to form a complete picture of what you have and what you may need going forward.

Over the course of your life, you have probably acquired several different retirement accounts, and you have likely considered many kinds of retirement strategies. The key now, if you have recently retired or you are about to