CYRS Wealth Advisors, LLC

04/03/2024

The closer you get to full retirement age, the more you should learn about Social Security so you can take full advantage of your benefits. If you’re nearing retirement and just getting familiar with the rules, here are three things you should know: https://bit.ly/4axKGSX

Keep these in mind before moving forward.

02/09/2024

Tax laws can sometimes be hard to decode, but there are legal ways to reduce your tax bill if you know certain strategies. Check out these tips for gig workers and retirees looking to decrease the amount they’ll owe.

Retirement, Investment Management, Wealth Management, Private, Independent Fiduciary, Financial Planning

01/29/2024

Profile: https://www.fivestarprofessional.com/Spotlights/118916

01/12/2024

Markets continued to rally in December, with the positive returns contributing to a strong end to the year:

Retirement, Investment Management, Wealth Management, Private, Independent Fiduciary, Financial Planning

01/05/2024

Inflation is slowing, but prices remain high. Social Security recipients could surely use the annual bump in benefits that comes with the cost-of-living adjustment (COLA). Find out this year’s increase percentage, and when you can expect the income boost: https://bit.ly/3tH25ZD

The 2024 Social Security COLA is 3.2%. This is when it kicks in.

01/02/2024

Inflation is easing, so why aren’t prices falling? It’s because disinflation just means prices are rising more slowly. And, while that might not seem positive to the average American, it’s good for the economy—and falling prices are not. Learn more: https://bit.ly/3v4MdjW

Inflation has cooled significantly recently, but you may still find yourself paying more at the grocery store. What gives? Here's a primer on what easing inflation actually means.

12/15/2023

You may have read that the Federal Open Market Committee (FMOC) kept interest rates steady this week. Commonwealth investment research analyst, Joe Dunn, delves into the details that influenced this decision and what might come next. Don’t miss Joe’s analysis: https://bit.ly/3NtsReS

The Fed has decided to hold rates steady—for now. Will we see cuts in 2024? Commonwealth's Joe Dunn, investment research analyst, takes a look ahead.

11/06/2023

Gen Xers are coming up on retirement and may not be prepared for it. If you fall into this category, check out some actions you can take to ready yourself for retirement. https://bit.ly/47laC2E

Gen Xers, now in their 40s and 50s, are the first generation to have entered the labor market after employers ditched pension plans in favor of 401(k)s. Theirs may be a cautionary tale for those coming up behind them.

10/24/2023

Are you nearing retirement age? Just curious about the ins and outs of Social Security? Read about the factors play a role in determining the amount of your Social Security payment. https://bit.ly/45Rx6Hu

Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.

09/18/2023

Do you have a retirement game plan? Your image of retirement might look like pure relaxation, but without a specific goal, you could end up feeling isolated, depressed, and lacking purpose. Learn why it’s key to retire to something, not just from something: https://bit.ly/3Zm3srX

Knowing how you want to spend your time in retirement and having a sense of purpose can prevent you from feeling unmoored and isolated.

07/31/2023

Adults in their 40s are often responsible for supporting small children, aging parents, and saving for kids’ college educations, so it’s no surprise that many don’t have enough money saved for retirement. Check out these tips to help you save: https://bit.ly/3YaNxfz

Most Americans in their 40s have around two decades until retirement but may not be saving up enough money. Two tips for boosting your retirement contributions.

07/24/2023

New data on generational spending shows that older Americans are increasing their spending faster than younger ones. Learn the reasons: https://bit.ly/43DDyAw

Boomers, millennials, Gen Xers and Gen Zers have their own spending patterns and challenges. What do the data show?