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.
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
Tax season is the perfect time to take stock of your overall finances and how they may have changed in the last year. And luckily for you, tax season is
Taxes don’t stop when you stop receiving a paycheck. If you have multiple sources of income in retirement, your tax burden could be substantial. By understanding how different types of
The pandemic has been hard on Americans nearing and in retirement, but there are likely other obstacles coming. Increased government spending on COVID relief plus strain on our healthcare system
We’ve entered a full year of living with the pandemic, and there have been several events during the year that could affect you this tax season. In April 2020, the
When we think about important birthdays, we think of 18 and 21, but what about 59 ½ or 72? Just because you’re older doesn’t mean you don’t have more milestones