At Woodward Financial Advisors, our core focus is Helping People Get the Most Life Out of Their Money. While that often involves conversations about investments, taxes, retirement, and estate planning, the real purpose behind them is much bigger. Money is not the end goal. Instead, it is a tool that can provide freedom, flexibility, and more opportunities to spend your time in ways that matter to you ...
Nearly every week, we meet with parents who either want to, or wish they had, put aside a little extra to give their kids a head start. Many new parents are surprised to learn that a relatively small amount invested early can have a bigger impact than larger contributions later on. For children born between 2025 and 2028, that head start now comes courtesy of the federal government. We're talking about the Trump Account (or 530A account, for Internal Revenue Code aficionados), and it adds a new wrinkle to how you think about saving for the kids in your life ...
Many investors focus on 401(k)s and IRAs, but one of the most tax-efficient tools often gets overlooked. Health Savings Accounts (HSAs) are commonly viewed as a short-term healthcare spending account, but that undersells their true potential. When used strategically, an HSA can function as a stealth retirement account with unique advantages that few other accounts can match ...
With two kids currently in college and my third about to be, I think a lot about school and all the long hours and hard work needed to accomplish their goals. School, like most worthwhile pursuits, demands discipline. And honestly, it’s not that different from investing ...
From phishing emails and text scams to AI-generated impersonation schemes, today's criminals use sophisticated technology and psychological tactics to exploit trust, create urgency, and gain access to sensitive information. A single click, compromised password, or convincing phone call can lead to significant financial and emotional consequences ...
I recently attended a conference in Washington, D.C., alongside a group of women from across the financial planning industry, each with different roles, backgrounds, and client experiences. As stories were shared about planning techniques and client situations, my biggest takeaway wasn’t found in the technical details. It came from the idea of challenging the role individuals play in their financial life ...