The Ultimate Valentine’s Day Gift: A Future Where You Never Fight About Money
Each year when February rolls around, couples are overburdened with overpriced roses, chocolates, and the immense pressure for fancy dinner reservations. But if you want to give a gift that lasts longer than a vase of flowers, give your significant other a conversation that most couples avoid: money. While a “Money Date” might not sound […]
Preparing for the 2025 Tax Season
The start of a new year marks the beginning of the 2025 tax filing season. With this tax season, we also get our first taste of the major tax changes made by the “One Big Beautiful Bill” that was signed into law in 2025. Tax season often brings anxiety, but preparation is the best defense. […]
Financial Calm: The Competitive Advantage of Disciplined Investing
Many investors believe the best results come from finding the perfect stock or making the right call on interest rates. And while those choices can help, even the best investors in the world make mistakes. What separates the successful ones isn’t perfection, but the ability to stay disciplined, follow a process, and avoid emotional decisions […]
Roth Conversions – Does it Make Sense?
Among many of the topics that are appropriate to address at the end of the year financially, one of the most important is tax planning. Within that overarching topic is the more specific subject of Roth conversions. In short, a Roth conversion involves the distribution of some or all of your pre-tax IRA assets and […]
Bucking the Trend: Retiring Earlier Rather Than Later
The median retirement age right now in the US is about 62 years old. This number has been growing since the early 90’s. In 1991, it was 57 and in 2022, the median retirement age was 59. The decision to retire is a very personal one and different for everyone. The motivation is usually prompted by the obvious reason- financial readiness- but health, career flexibility and personal lifestyle attitudes can also play a big role in the decision. Yet, while no longer the norm, retiring early is still a goal for some seeking earlier financial […]
Concentrated Stock Decision Guide
If you partake in sports gambling, you can attest that it comes with a rollercoaster of emotions. When you win a wager, you feel like you are the smartest person in the room. The excitement of winning is met with regret for not placing a larger bet. On the other hand, when you lose, you […]
Why Waiting Pays: Maximizing Spousal Social Security Benefits
When it comes to Social Security, timing isn’t just everything; it’s money in your pocket. For many couples, especially those with a spouse who has earned significantly less over their career, spousal benefits can be a powerful tool to boost retirement income. However, claiming too early can shrink their benefits for life. Understanding why a […]
The Rollercoaster Ride as a First-Time Homebuyer
There’s nothing quite like the experience of buying your first home. It’s exciting, overwhelming, empowering, and completely nerve-wracking. Whether you’re just starting to browse listings or you’ve already scheduled showings, the emotional highs and lows are real. But beneath those feelings lies a big financial decision that requires preparation, patience, and perspective. Here’s a look […]
The Juggle – Prioritizing Your Financial Goals
Today’s 30 and 40 something couples have many balls that they are juggling in their daily lives – work, taking kids to school and their extracurricular activities, planning family vacations, and having a few minutes to spend together, etc. The list can be overwhelming. The same can be said about family finances. Should we save […]
What Is the CFA Charter – and Why it Matters for Your Investments
At THOR Wealth Management, you may have noticed that several members of our team have “CFA” after their names. It’s not just alphabet soup — those three letters represent a commitment to deep expertise, high ethical standards, and long-term discipline in investment management. But what exactly is the CFA charter, and why should it matter […]