Bedel Blog

As my family experienced, a terminal diagnosis is profoundly challenging, yet proactive financial planning offers control and reduces future burdens on loved ones.

Have a plan. Create your own order. Review those Christmas lists (checking them twice, of course), enjoy time with family, but be sure to have discussions with your financial and tax planners to ensure that you aren’t missing out on something that could impact your financial future.

Ultimately, the appropriate strategy depends on the specific risk an investor seeks to address—whether it is overall market volatility, reliance on U.S. equities, or sector concentration. Diversification remains a prudent way to enhance portfolio resilience in an era of rapid technological change.

AI is one of the fastest-growing technologies globally and is unlikely to disappear anytime soon, even if current generative AI powerhouses fail. The industry is actively learning how to develop and, more importantly, how to profitably sell its product.

In today's litigious society, a single accident can threaten your financial future. This is where umbrella insurance shines as a powerful yet often underused defense. Standard home and auto policies provide a basic level of protection, but when faced with court judgments, their coverage is often quickly exhausted.

By extending the repayment period well beyond a traditional 30-year loan, supporters of a 50-year mortgage argue it could make monthly payments more manageable and open the door to homeownership for more Americans.

If you “superfund” the account with no intention of using it before retirement, keep all receipts from qualifying expenses to enjoy tax-free withdrawals later, and don’t forget to review your beneficiary designation often.

The biggest change was made after I reviewed the percentage of cashback I was earning for different types of charging activities. I have been using my Costco credit card for most of my purchases, but I've learned that my other credit card offers a 3% reward for online retail purchases, such as those made through Amazon.

Preventive coverage is also expanding, including a broader range of colorectal cancer screenings and other early-detection services, all designed to help beneficiaries stay healthy and avoid more serious issues later in life.

Deal flow is the stream of business proposals, investment opportunities, and transactions making their way to investors or companies looking to buy or invest in others.

Primarily, catch-up contributions pad retirement accounts with extra funds in the final stretch towards retirement. Pre-tax contributions can help save on taxes in higher-income years before retirement, and Roth contributions help build up an ever-so-important tax-free bucket of money.

Did your estate attorney recommend changing ownership of your accounts, home, vehicles, etc., to help with an efficient transfer of assets after you're gone? It's important to implement any recommended change immediately.