Financial Foundations, Inc.

10/13/2026

Our team recently spent the day volunteering at Marlborough Community Cupboard. We're grateful for the opportunity to support their mission and proud to come together as a team to give back to our community.
Learn more about our community involvement:
https://www.financial-foundations.com/giving-back

10/06/2026

Nearly half of adults under 30 now live with a parent, and it’s not necessarily a free ride: most young adults living at home still contribute to household bills. Here’s what’s driving the shift and why it matters:

- Housing costs have outrun incomes: Median home prices now sit at about five times median income, compared with roughly three times in the 1990s.
- It’s not always a savings launchpad: 72% of young adults living at home contribute to household bills, and for some, moving home is less about getting ahead than simply making today’s costs manageable.
- The effects can extend beyond the household: Delayed moves may also affect milestones like homeownership and family formation, along with spending and retirement saving.

See how today’s housing costs are changing the path to financial independence: https://bit.ly/3VjeWPg

Living at home may seem like a financial advantage, but new data shows many young adults are still struggling to gain solid financial footing.

09/29/2026

💬 Talk openly: Discuss costs, household budgets, and needs versus wants during grocery trips, shopping, or meals.
🎯 Make goals visible: Use jars or trackers to show progress toward something meaningful, such as a bike or video game.
🤝 Let them learn: Give kids small amounts to manage, then talk through mistakes without judgment or immediately bailing them out.

Explore more practical ways to raise financially confident kids: https://bit.ly/4wWQbG2

At the grocery store, Jamie Corum sets a two-minute timer for her 10-year-old daughter to look around. Then she resets it to 10 minutes so her daughter

09/22/2026

College savings can feel tricky when you’re planning for a future your child may not follow exactly. Here are a few ways families can build in more flexibility:

-Keep 529s in context: They can work well for college and some qualified education paths, but may be less flexible if your child takes a gap year, starts a business, or chooses another route.
-Consider a backup account: Roth IRAs may let you withdraw contributions if needed, while keeping the money available for retirement if plans change.
-Don’t overlook free money: Merit scholarships, AP classes, and dual enrollment can help reduce future costs before the first tuition bill arrives.

See why a flexible college savings strategy may matter as much as the amount you save: https://bit.ly/4uyZScQ

As tuition costs soar, money pros suggest some key backup plans if a child decides to skip higher education

09/15/2026

Workers are speaking far fewer words a day than they did 15 years ago, and that shift may be affecting workplace connection. Small talk, check-ins, and live discussions can help build trust that an online chat may miss. See why real conversation matters: https://bit.ly/4xUzWKs

For companies, this trend has important implications.

09/08/2026

A sudden windfall doesn’t change who you are. Instead, it reveals whether you’ve developed the habits to keep the wealth you’ve gained. Try these tactics:
⏸️ Do nothing first: Resist major decisions for four to six months. Giving yourself time can help you make choices with a clearer perspective.
📋 Understand what you actually have: Taxes, legal obligations, and estate considerations can significantly affect what’s truly available to spend.
🎯 Build a sustainable plan: Decide what the wealth is meant to accomplish, then create a spending strategy that balances what you want now with what you’ll need later.
Curious why people who receive similar inheritances can end up with very different outcomes? Read more: https://bit.ly/3SGnG0R

Sudden wealth is less about the money and more about the discipline to manage it, so it's critical to pause and plan before making any major financial moves.

09/01/2026

“You’ll pay less tax in retirement” isn’t always true. Combining Social Security with required minimum distributions can trigger the “tax torpedo,” potentially raising the effective tax rate on additional withdrawals. See how careful planning may help: https://bit.ly/3U4oJIl

Your Social Security income and RMDs will most likely combine to deliver a tax torpedo, but there are ways to reduce your income in retirement to pay less tax.

08/25/2026

Skipping a bank account beneficiary could leave your money tied up in probate when loved ones need it most. Naming one can help funds pass directly to them and typically takes precedence over what your will says. See how to choose the right beneficiary: https://yhoo.it/4hRATOt

What happens to the money in your bank accounts when you die? Hopefully, it goes to a loved one who needs it. Naming a bank account beneficiary ensures that happens. Here's what to know about bank account beneficiary rules.

08/19/2026

Will or trust: which one do you really need? The answer may be both. 🤔 Trusts, beneficiary designations and other documents can all play a role in your estate plan. Learn about the differences and how wills and trusts can work together to create a stronger estate plan.

Wealth Enhancement reports on the estate planning debate between trusts and wills, highlighting that both serve unique purposes and can complement each other.

08/11/2026

For women, retirement isn’t only about how much they save. Longer lifespans, caregiving-related career gaps, and the possibility of retiring without a spouse’s income can make turning savings into lasting support especially important.

💬 Take an active role: Consider how your career, health, family responsibilities, and relationship status affect your plan.
🏠 Build an income foundation: Identify what you’ll need for essential expenses before planning for travel, hobbies, and other goals.
⏳ Prepare for the long term: Explore how Social Security, savings, and options such as annuities may work together to provide income.

Learn how to build a retirement strategy around the life you want: https://bit.ly/4pTgudK

Retirement planning often starts with a simple question: Have I saved enough? For women, though, that question captures only part of the picture.