SouthPark Capital Blog
Discover a wealth of insights, actionable advice, and expert viewpoints on adept financial management through our financial blog. Our goal is to empower you with the information and resources required to improve your financial health and make well-informed decisions.
Today’s retirees may be the richest the world has ever seen with Baby Boomers holding more than half of U.S. household wealth as of the end of 2020.[1] While you
If you’ve saved a substantial amount in a tax-deferred retirement account, it will no doubt be instrumental in retirement. The next step is to strategize how you’ll use those savings.
The Consumer-Price Index (CPI) rose to 4.2% in April as compared to last year.[1] We could see higher prices when it comes to travel, food, cars, and other common goods
In retirement, you have to transition from saving to spending. You’ve worked hard to amass wealth, and now you must protect it from market downturns and make it last for
In 1960, a gallon of milk cost 36 cents, and today it costs $3.35 on average.[1] Inflation is to blame, and we could see higher inflation in the coming years.
While $1 million is sometimes cited as the ideal number for retirement savings, this assumes a one-size-fits-all approach to retirement planning. Everyone’s retirement goals are unique, and preparing for
We’ve seen increased government spending due to COVID and significant increases in government debt. Some economists theorize that this could lead to increased inflation, and many claim that we are
The Biden administration has already spent $1.9 trillion on COVID relief and has plans to spend trillions more on infrastructure projects, Medicaid expansion, education, and climate investments. In
By GEORGE TERLIZZI, INVESTMENT ADVISER | SouthPark Capital April 18, 2021 Today’s retirees could face a perfect storm because they are living longer and spending more time in retirement, while at the same
If you spring clean your house, why not take some time to spring clean your finances too? If you have a 401(k), IRA, or other retirement account, this is especially
Diversification Diversification is supposed to help you protect your portfolio from ups and downs, but this doesn’t mean your portfolio won’t lose money at certain periods. On the other hand,
The rule of thumb says you’ll need about 80% of your pre-retirement income in retirement, but everyone is different. Many retirees want to upgrade their lifestyle in retirement or maintain