Synthesis Wealth Planning, LLC

06/17/2026

A summer job is more than just a paycheck, it’s an opportunity to begin building lifelong financial discipline.

One of the most valuable steps a teen can take with earned income is contributing to a Roth IRA. As long as income is reported, contributions can be made up to the lesser of earned income or $7,500 for 2026 (https://www.fidelity.com/learning-center/smart-money/roth-ira-contribution-limits).

Funds contributed to a Roth IRA should be invested with a long-term mindset, most often with retirement in mind. Over time, both contributions and earnings have the potential to grow tax-free and, when withdrawn under qualified rules, are never subject to taxation (https://www.fidelity.com/learning-center/trading-investing/roth-ira-withdrawal-rules).

The true advantage lies in the power of compounding. Even modest contributions today can grow into meaningful savings over the long term, making early action incredibly impactful.
For minors with earned income, a parent or guardian can open a Custodial Roth IRA on their behalf. Once the child reaches age 18, they can establish and manage their own Roth IRA independently.

Beyond the financial benefits, starting a Roth IRA early helps teens develop strong financial habits — including disciplined saving, long-term thinking, and comfort with investing.

For families looking to turn a summer job into a lasting financial advantage, this is one of the simplest and most effective strategies available.

06/15/2026

Life evolves, and your benefits should evolve with it.

Milestones like marriage, a new child, or a career change can all shift what you need from your coverage. A mid-year review helps ensure your benefits reflect where you are today, not where you were last year.

A strong financial plan goes beyond investments; it includes the right protection to support your goals over time.

Quick tip: Take a few minutes to review your benefits, including coverage levels, beneficiaries, and any recent life changes. Small updates can help keep everything aligned.

If you’re unsure whether your benefits are optimized for your current situation, it may be time for a quick check-in. We are here to help you review and stay on track.

06/12/2026

College costs continue to climb, but the earlier you start planning, the more options you create for yourself and your family.

The good news? Building an education fund doesn't require large contributions to make a meaningful impact. Consistent saving over time, combined with a thoughtful strategy, can help put the power of compounding to work.

June is a great time to revisit your education savings plan and ask a few important questions:

• Are you on track for your funding goal?
• Is your savings strategy still aligned with your timeline?
• Are you taking advantage of the most tax-efficient options available?

A well-designed education savings plan should provide confidence about the future, not uncertainty about whether you'll have enough.

If it's been a while since you've reviewed your strategy, now may be the perfect time to evaluate your options and make sure your plan is working as hard as you are.

06/11/2026

A dollar today won't be worth a dollar in 20 years. See how inflation could erode your retirement income and what you may need to account for.

See how inflation over time could affect the purchasing power of your retirement income.

06/10/2026

As summer begins, spending habits naturally shift. Vacations, travel, and events can add up quickly. While it’s important to enjoy the season, it’s equally important to stay intentional with your financial decisions.

Planning ahead for seasonal expenses can help you avoid unnecessary debt or disrupting your long-term savings goals. A well-structured financial plan builds in flexibility, allowing you to enjoy today without compromising tomorrow.

Balance is key. A thoughtful plan should support the life you want to live today while still protecting your long-term goals. If creating that kind of balance is important to you, we’d be happy to connect and start the conversation.

06/09/2026

The M Factor 2: Menopause, Midlife & More

Tuesday, June 16, 2026
Mayo Performing Arts Center

100 South Street, Morristown, NJ

6:00 PM Doors Open
6:30 PM Film Screening
7:30 PM Live Expert Panel & Audience Q&A

Join us for a screening of The M Factor 2, followed by a live discussion with a multidisciplinary panel of experts, including Dr. Corinne Menn, who is featured in the film.

Designed for women in their 40s, 50s, 60s, and beyond, this event explores the physical, emotional, and social impact of perimenopause and menopause. Spouses, partners, family members, and friends are welcome.

Come learn, connect, and get your questions answered by leading experts. Leave with greater knowledge, confidence, and support for the journey ahead.

Reserve your seat today: https://www.mayoarts.org/shows/guest-attraction-lilly-menopause-and-wellness-presents-m-factor-2/

06/05/2026

As we move through the year, June is a good point to evaluate your retirement contributions. Are you on pace to maximize your 401(k) or IRA? Have recent income changes created an opportunity to increase what you’re saving?

Even small increases in contributions can have a meaningful impact over time, especially when combined with consistent investing and long-term discipline. Staying intentional now can help strengthen your future financial independence.

If you’d like to review your retirement strategy and make sure, you’re on track, let’s connect and talk through your options.

06/05/2026

Markets continued their upward climb in May, supported by strong technology performance, positive economic data, and ongoing diplomatic efforts in the Middle East. The Nasdaq gained 8.36%, the S&P 500 rose 5.15%, and Canada’s S&P/TSX Composite added 2.37%, while investors welcomed better-than-expected job growth and upbeat corporate earnings. With the Fed's next meeting scheduled for June, attention is turning to updated economic projections and what they may signal about the broader economy. From \$24 billion spent on Father's Day to the popularity of dining out and special outings, this month's by-the-numbers highlights how families celebrate the dads in their lives.

Stocks pushed higher in May, fueled by big tech names, positive economic news, and ongoing diplomatic efforts in the Middle East.

06/04/2026

Small contributions can add up to something big. See how compound interest works over time and what it could mean for your financial future.

Explore how compound interest can grow your money over time with this interactive tool.

06/03/2026

Financial Checklist for Your 20s Your 20s are less about having everything figured out and more about building the right habits. The decisions you make now don’t need to be perfect; they just need to move you in the right direction....