Madigan Wealth Management

08/26/2026

Teaching your kids about money could save you from future financial headaches. Experts suggest discussing spending habits, offering allowances, and even turning savings into a competition. Learn creative ways to make finance fun for children: https://bit.ly/2yZFlnw

Set your kids up for long-term financial success by teaching them early about money.

08/14/2026

Inheriting an IRA can be both a gift and a challenge. The rules are complex, but knowing the basics can help protect your retirement:

The 10-Year Rule: Most beneficiaries must fully withdraw all funds within 10 years of the original owner's death.
Minimize Taxes: Spreading out withdrawals over the 10-year period can help you manage your tax bracket and reduce your tax burden.
Consult & Communicate: If there are multiple beneficiaries, consider separating the account.
Learn what steps to take when managing an inherited IRA: https://bit.ly/fgufjsuoiklW

Managing inherited IRA distributions can be a tricky proposition. Take the time to learn the process and avoid prohibitive tax penalties.

07/29/2026

We can't believe it! Madigan Wealth Management is FOUR years old!

We are truly grateful for your unwavering support and trust. Thank you for being a part of our journey!

07/13/2026

You worked hard to save for retirement, now it's time to enjoy it. Learn how small investments in travel, hobbies, technology, and social connections can deliver lasting rewards. Read about 5 lifestyle upgrades. https://bit.ly/4vz3VpC

Reframing splurges as "intentional reallocation" of money can help you overcome spending anxiety and enhance your quality of life. Here are some suggestions.

07/03/2026

Due to the holiday, the markets and our offices are closed on 7/3/26.
We hope everyone has a great 4th of July weekend! 🎇

06/21/2026

"Any man can be a father, but it takes someone special to be a dad" -Anne Geddes

06/19/2026

In observance of the Juneteenth holiday, the markets and our offices are closed.

06/09/2026

Most retirees worry about running out of money, but spending too little can carry its own risk. Research shows that about a third still have 100% of their savings intact by their mid-80s.

Underspending is real: Being too cautious can mean skipping travel, family support, giving, or other experiences during the years you’re most able to enjoy them.
Start with a withdrawal plan: A common rule of thumb is to withdraw a set percentage of savings in year one, then adjust for inflation over time.
Stay flexible: Adjusting spending as markets, needs, and life stages change can help balance preservation with quality of life.
See why the goal isn’t just to protect your nest egg, but to use it well: https://cnb.cx/4xiUj4a

Retirees often focus on the risk of spending too much in retirement. But spending too little poses another kind of danger.

05/25/2026

In observance of Memorial Day, the markets and our offices are closed.
Happy Memorial Day!

05/18/2026

Raising a child in America now costs more than $300,000, and that's before a single college tuition bill. See which states saw the steepest jumps and where families are finally catching a small break: https://bit.ly/4tCHezn

Raising a child through age 18 is most expensive in Hawaii, where a family would spend an estimated $412,661 in 2026, LendingTree found.