Prescott Financial

11/02/2026

For retirees managing rising living expenses, any additional income is welcome. However, the annual cost-of-living adjustment (COLA) also raises an important question: How much does an increase in actually improve a retiree’s financial position?

The answer depends largely on how an individual’s change over time.

Learn how the 2027 Social Security COLA increase impacts retirement income, inflation, Medicare costs, and long-term financial planning.

10/29/2026

Most investors understand diversification. They get that retirement accounts might hold U.S. stocks, international , , and reflect different styles. But fewer recognize the value of diversifying allocations among vehicles. We have seen people do a terrific job saving for over decades, only to reach their 60s with nearly all of their nest egg in an account, such as a traditional , where distributions are taxable.

A mix of IRAs, Roth IRAs, and investment accounts can offer retirees tax-efficient options when they need cash.

10/28/2026

Anthropic is expected to raise more money in its initial public offering than any company in history and plans to list on the Nasdaq under the ticker ANT. Its public market performance might cement or capsize Wall Street’s confidence in the boom at a moment when are increasingly anxious about the borrowing binge underpinning it. Matt Bloxham of Bloomberg Intelligence has the details.

Anthropic is expected to raise more money in its initial public offering than any company in history. Here's what to know.

10/27/2026

People sometimes ask me if I take my own advice. Generally, the answer is yes. What kind of retirement reporter would I be if I weren't saving for retirement? But there's one place where I'm falling short, or at least, failing to optimize: I am spending down my health savings account on current medical bills.

The real move is to max out your HSA and pay your healthcare out of regular cash flow, letting your health savings compound. Paired with qualifying high-deductible health plans, health accounts feel like a rare free lunch from Uncle Sam. Money is contributed tax free, grows tax free, & can be withdrawn tax free through to pay qualifying medical expenses.

It’s hard to be too prepared for healthcare costs in retirement—and your HSA doesn’t lose its flexibility if you save more than you need. Starting at age 65, you can use HSA funds for any purpose without the additional tax penalty. Just remember: withdrawals for nonmedical expenses are general...

10/23/2026

Wall Street always seems to have a new favorite word or phrase.

When the AI trade launched in earnest, it was the "Magnificent Seven." Then came "AI enablers," "picks and shovels," and, more recently, "momentum."

Now, as fret over rising interest rates, expensive ambitions, and a top-heavy market, the word du jour is "quality." In a stock-market context, it refers to companies with strong and durable , balance sheets, pricing power, and cash flow.

Wall Street always seems to have a new favorite word or phrase. Now, the word du jour is "quality."

10/22/2026

Millions of Americans are losing money on retirement accounts that were forced out of their old plan when they left the company. Many savers aren't even aware that their money is no longer with their prior employer, says Romi Savova, CEO of PensionBee, an online company that helps retirement savers consolidate their accounts into one individual account.

Millions of Americans are losing money on retirement accounts that were forced out of their old plan when they left the company. Could this be you?

10/22/2026

Going through a ? Here are FIVE important financial considerations to help protect your future.

1. Understand Your Settlement: Consider the implications of the assets you receive, including retirement accounts, investments, and their cost basis.

2. Reevaluate Your Cash Flow: Your income and expenses may change. Establish a new budget that reflects your financial situation.

3. Review Your Beneficiaries: Ensure your accounts and life insurance policies reflect your wishes, subject to any legal restrictions.

4. Update Your Estate Planning Documents: Review your will, trusts, and powers of attorney with your attorney to ensure they align with your new circumstances.

5. Work With a Financial Professional: A CERTIFIED FINANCIAL PLANNER™ professional can help you navigate important financial decisions and plan for your next chapter with confidence.

While divorce can change your financial circumstances, thoughtful planning can help you move forward with clarity and confidence.

10/20/2026

For many Americans nearing retirement, Social Security is both the income source they expect to rely on and the one they fear may fail them.

Four in 10 middle-class Americans in their 60s expect Social Security to be their primary source after they stop working, according to a Transamerica Center for Retirement Studies survey, and just under half count benefit cuts among their greatest fears.

Lower living costs, not larger checks, help benefits cover more retirement expenses in leading states. Kansas leads, with average benefits covering 48% of a single retiree’s estimated annual expenses. Iowa, North Dakota, Indiana, and Delaware follow, covering 46% to 47% of expenses.

10/14/2026

Americans held some $47.6 trillion in retirement as of March 31, 2026.1 An impressive number, but when broken down by age cohort, about half of adults under 35 had no money at all saved toward retirement.

And it’s this age group that is most likely to face the financial challenges of parenthood for the first time, making it even more difficult to fund retirement. Still, it’s critical for parents to balance current needs with long-term plans for their financial well-being.

The costs of raising children tend to emerge at a particularly critical time for retirement savings if parents are to take full advantage of the power of compounding.

10/13/2026

Americans are getting more nervous about the . The Conference Board’s Consumer Confidence Index fell 6.7 points in September. The University of Michigan’s Index of Consumer Sentiment told a similar story, down 3.7% from September and almost 14% from a year earlier.

While these numbers tell you something, they don’t automatically mean you should cancel that trip, postpone a big purchase or start hoarding cash. What matters more is what happens in your own : your , , debt and how much room you have in your monthly budget.

Recent surveys show increasing pessimism among Americans. While the numbers tell you something, you should base your financial decisions on your own circumstances.