Latest Articles
Explore insights on retirement planning, tax strategies, investing, and financial transitions, designed to help you approach financial decisions with greater understanding over time.
How Will Tax Planning Affect Your Filing Strategy?
With Social Security benefits, many retirees focus solely on the timing of their claim. However, an equally crucial factor that often goes overlooked is the impact of Social Security benefits on your income taxes. Proper tax planning can significantly affect your overall retirement income and, consequently, your Social Security filing strategy. Understanding the tax implications of your Social Security benefits is essential for making informed decisions about when and how to claim. By considering the…
Can You Afford To Delay Social Security Benefits to Age 70?
When it comes to Social Security benefits, timing is everything. While you can start claiming benefits as early as age 62, delaying until age 70 can significantly boost your monthly payments. But the question is: Can you afford to wait? At Brogan Financial, we believe that making informed decisions about your Social Security benefits is crucial to your overall financial wellness. Let’s dive into the pros and cons of delaying benefits and explore strategies to…
Will Delaying Social Security Benefits Cause Too Much Stress on Your Nest Egg?
As you approach retirement, one of the most significant decisions you’ll face is when to start claiming your Social Security benefits. While delaying benefits until age 70 can increase your monthly payments, it’s crucial to consider how this decision might impact your hard-earned savings. At Brogan Financial, we understand that balancing the potential for higher future benefits with the immediate need to preserve your nest egg is a complex challenge. Understanding the Trade-off Delaying Social…
3 Questions You May Have About Medicare
With market volatility and inflation affecting people’s finances, talk about investment strategies and portfolio longevity seems to dominate retirement planning conversations. But one of the most important aspects of retirement is often overlooked in these conversations: healthcare costs. There are many unexpected costs in retirement, but healthcare is one of the largest spending categories on average for retirees, so having a cohesive plan to cover these necessities can go a long way. Why Utilize Medicare?…
How Much Inflation Protection Do You Need To Protect Your Income Later in Life?
Inflation is one of the most significant risks to your long-term financial security in retirement. While a 3% annual inflation rate might seem modest, its compounding effect over time can dramatically erode your purchasing power. Over 20 years, this rate can nearly halve the value of your savings. The Silent Threat to Your Retirement Many retirees underestimate inflation’s impact, viewing it as a minor inconvenience rather than a potential threat. However, the reality is far…
How Should Tax Planning Affect Your Income Strategy?
Picture your retirement income as a carefully crafted cocktail. While the main ingredients are your various income sources, tax planning is the subtle mixer that can transform the entire experience. Ignoring it might leave you with a bitter aftertaste, but master it, and you’ll savor every sip of your golden years. The Tax Bracket Tango Your tax bracket isn’t just a number—it’s a dance partner that changes with your income. As you waltz through retirement,…
Required Roth Catch-Up Contributions: How SECURE 2.0 Affects High Earners Age 50+
Tax Planning Updates for 2026
Behavioral Finance vs. FOMO: How to Block Out Market Noise and Stick to Your Plan
Your neighbor just told you about a stock that doubled in six months. Your college roommate posted screenshots of cryptocurrency…
Retirement in a High-Interest Environment: Adjusting Withdrawal Strategies
The retirement playbook has changed dramatically. After years of scraping by on bonds paying next to nothing, retirees are now…
The Role of Personalized Planning in Effective Wealth and Investment Management
Smart Ways to Manage Year-End Bonuses and Extra Income
That year-end bonus notification just hit your bank account. You’re staring at extra money that wasn’t part of your regular…
