Bailey Wealth Services

09/01/2026

September is College Savings Month, and it's a good time to think about what you want your child's future to look like. Every family's situation is different. If you have questions about what college savings options might make sense for your household, reach out. That's exactly what we're here for.

08/26/2026

Everyone at Bailey Wealth Services would like to wish a very happy birthday to Sonya! 🎉

Thank you for everything you do in the office! We hope you have an amazing day filled with celebration!

08/25/2026

It’s time for a little Tuesday trivia!

Who was awarded a Nobel Prize in Economic Sciences for their work on Behavior Finance?
a. Daniel Kahneman in 2002 and Richard Thaler in 2017
b. Amos Tversky in 1983 and Robert Shiller in 2008
c. Milton Friedman in 1976 and Eugene Fama in 2013
d. Elinor Ostrom in 2009 and Paul Krugman in 2008

The correct answer is A. Thanks to their pioneering work, we all have a better understanding of the role our own behaviors play in making smarter financial decisions…and reaching our long-term financial goals.

(Note that the others also contributed to the field of Behavior Finance, but were either not awarded a Nobel Prize, or were awarded Nobel Prizes for other things.)

08/21/2026

🎉 Happy Senior Citizens Day! 🎉

August 21st is National Senior Citizens Day! Ronald Reagan made it a national holiday, and in his proclamation he said, “For all they have achieved throughout life and for all they continue to accomplish, we owe older citizens our thanks and a heartfelt salute. We can best demonstrate our gratitude and esteem by making sure that our communities are good places in which to mature and grow older—places in which older people can participate to the fullest and can find the encouragement, acceptance, assistance, and services they need to continue to lead lives of independence and dignity.”

Let’s take a moment to honor and appreciate the wisdom, experience, and contributions of our beloved senior citizens. 🧓👵 They have played an instrumental role in shaping our society and have so much to offer, from their wealth of knowledge to their inspiring life stories.

We believe in fostering an inclusive and diverse community that values every generation. 🤝 We encourage everyone to take the time to listen to and learn from the experiences of our seniors. Their insights are invaluable as we face the challenges and opportunities of the future.

Whether it’s playing games, giving a gift, or taking the time to listen to their life stories, let's make an effort to reach out to a senior citizen. Show gratitude for their presence, and make them feel appreciated, because they should be.

Share a story or memory of a senior who has made a positive impact in your life in the comments below, and let's spread the love and respect they deserve! ❤️

08/20/2026

Click below to view the Quarter 3 edition of our Road to Retirement series.

This quarter's issue highlights property, a cornerstone of retirement planning.

This includes topics like owning property abroad, the importance of proper titling, and an estate planning tool that all property owners should be aware of.

Have a great quarter!

Our quarterly guide to every milepost, junction, and landmark on your road to retirement.

08/19/2026

529 plans have been around for decades, and although they’re a college savings vehicle that continues to grow in popularity, a number of misconceptions about them continue to float around...

Here are some of the biggest myths about saving for education using a 529 plan.👇

⚠️Myth #1: 529 Plans Are Only for Children's College Costs

Fact: 529 plans aren't just for young children. Individuals can open and save with a 529 plan for their own college or graduate school expenses, naming themselves as both owner and beneficiary on the account. And in recent years, the uses of 529 plan funds have broadened.

⚠️Myth #2: Families NEED to Contribute a Certain Amount

Fact: There are actually no requirements to contribute a certain amount in most 529 options, and no income requirements for families contributing. In theory all you need is $1 to open the account; you don't have to contribute after that. (Of course, if you can, you should!)

⚠️Myth #3: Families Can Only Open a 529 in the State in Which They Reside

Fact: Most 529 plans allow families to participate from out of state. This means it may be a smart move to shop around and find the best fit before committing to a plan.
Funds in these educational savings accounts can be used for colleges outside a student's state of residence as well.

08/18/2026

Sean, Kim, Sonya, and Raschel spent last week in San Diego representing Bailey Wealth Services at LPL Financial's Focus Conference! ☀️

With more than 10,000 financial professionals and industry leaders in attendance, it was a great week of learning, networking, and connecting with the broader LPL community. They were also able to hear from the founder of the Savannah Bananas, Jesse Cole, who was able to share his incredible story — plus a great performance from Carrie Underwood!

08/17/2026

Happy Birthday, Jessica! 🎉

Thank you for the dedication and care you bring as one of our advisors. Here's to celebrating you today and always! Have a great one! 🎂

08/13/2026

We would like to wish Sean a very happy birthday! 🎉 Hope your day is well spent with the people who make it special, filled with laughter, good food, and lots of celebration. Thanks for everything you do, and here's to another amazing year ahead!

08/12/2026

Creating a will is crucial, but remember: life changes. When it does, so should your estate strategy. Regularly updating your will keeps it aligned with your current circumstances and wishes. Here are 7 reasons to revisit your will:

1️⃣ Family Changes: Marriage, divorce, births, or losses can impact your strategy.
2️⃣ Relocation: Different places, different laws.
3️⃣ Financial Shifts: Reflect on your current assets.
4️⃣ Executor/Trustee: Ensure they’re still the right choice.
5️⃣ Law Changes: Stay compliant and minimize taxes.
6️⃣ Beneficiary Updates: Reflect evolving relationships.
7️⃣ Time: Review every 3-5 years.