Twin Cities Wealth Advisors

Choosing when to take Social Security is one of the most important decisions you’ll make as you near retirement. You don’t have to make it alone. Let’s work together to evaluate your options and plan for your future.

Achieving financial goals takes discipline and a long-range view. What actions are you taking today to reach your goals tomorrow?

Geopolitical unrest, record debt levels, inflation, interest rates… Are you worried about how today’s environment is affecting your financial wellness? Let’s discuss the characteristics of different investment options and how to analyze whether they could potentially align with your long-term financial goals.

The markets rallied today and experienced solid gains. provides their thoughts on today’s market upturn in After the Close.

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If possible, avoid taking early withdrawals or loans from your 401(k). Taking money out of your account can offset the account’s tax advantaged benefits. bit.ly/3RK0Z8Y

Investment markets don’t move in a straight line but through periods of gain and loss. Check out the latest insights from on today's market swings.

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An estate plan allows you to leave all or a portion of your wealth to a charity of your choice – and make a difference beyond your lifetime. https://bit.ly/3wxrbaD

If you or your dependents have been in the hospital or had other significant medical or dental expenses, keep the receipts — they could help reduce your tax bill.

"There has been an important shift in the direction of market action over the last week or so and one where the underappreciated have suddenly sprung to life and are now exacting some revenge on the investors who have doubted (i.e., underweighted) their place within a portfolio.” - Anthony Saglimbene, Ameriprise Chief Market Strategist

A shift in market sentiment gives life to forgotten sectors Get more expert insights by reading the latest Weekly Market Perspectives.

If you plan to pass on your wealth to loved ones upon your death, the estate planning process can help you reduce the impact of taxes on your assets. https://bit.ly/3wxrbaD

Selling stocks at a loss can offset the taxes you would pay on other investment gains. This strategy is one way to use the tax code to reduce the sting of an investment loss.

Paying for college is stressful enough, but it’s even harder when you and your child haven’t set expectations on if or how you’ll share the financial burden. Reach out to learn steps you can take to make college more affordable.

Down day in the markets.

Below is a summary from our Investment Research Group. Click the link to check out the full article on our website. If you have questions regarding your investments, don’t hesitate to reach out.

Bottom line: It's healthy for stocks to see periods of price declines.
Additional Mag 7 reports could shed more light on how Big Tech performs
over the near term. Nevertheless, Tech fundamentals are strong, broader
corporate profits are growing, and U.S. economic conditions are solid. In
our view, investors should recognize that secular growth trends in areas of
technology remain important drivers of the overall market yet balance that
view with other cyclical opportunities that are more attractively valued.

Stock Market & Economic Insights – Twin Cities Wealth Advisors Get the latest stock market news, economic insights, and more from Twin Cities Wealth Advisors in Edina, MN.

Maintaining and balancing all aspects of your overall well-being has become increasingly important in today’s fast-paced world. During this complimentary session, we’ll explore the intersection between financial, physical and mental health, discuss preparing for known and unknown health care costs and explain how to adopt a healthy financial mindset.

By setting your own estate plan, you can avoid going through probate – a court process that would release your records publicly. https://bit.ly/3wxrbaD

Want to reduce your taxable income? Contribute to your retirement account. This easy, straight forward tax strategy can be used by most workers. Plus, you'll be one step closer to reaching your retirement goals.

Without an estate plan, your loved ones may be left to navigate complex legal and financial challenges. Thoughtful planning can simplify a difficult process for your family in the future. https://bit.ly/3wxrbaD

Increasing your 401(k) contribution can help you reach your retirement savings goals faster. For 2023, employees under 50 years old can contribute up to $22,500 to their 401(k) plan. Those 50 and older are eligible for an additional catch-up contribution of $7,500 in 2023. bit.ly/3RK0Z8Y

If you have questions about the market and economic trends shaping your investments, let’s connect.

Midyear market pulse check Get the outlook for the second half of 2024.

Charitable contributions can be tax deductible, and you don’t have to give cash. Donations of clothes, food, or household items, for example, can lower your tax bill.

“Frankly, we are starting to ask if last week’s CPI data was the ‘wake-up call’ the market needed to begin recognizing the value and opportunity that exists in areas outside of Big Tech.” - Anthony Saglimbene, Ameriprise Chief Market Strategist

Q2 earnings season takes on added significance as investors look for a broader market rally Get more expert insights by reading the latest Weekly Market Perspectives.

Do you know the tax benefits of 401(k)s?
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End-of-life care is a difficult but important conversation to have between you and your loved ones. An estate plan allows you to specify your final wishes and establish special arrangements for your remains. https://bit.ly/3wxrbaD

July 15 is . Whether you’re giving time, money or something else, small contributions can go a long way. How will you give back?

If you have a high-deductible health plan, consider using a Health Savings Account. This account offers tax benefits for today and tomorrow:

1. Contributions offer an immediate tax deduction
2. Earnings grow tax-deferred
3. Withdrawals used to pay qualified medical expenses are tax-free

Many employers will match an employee’s 401(k) contribution up to a certain amount. Does your employer offer a 401(k) match? If so, let’s work together to maximize this benefit. bit.ly/3RK0Z8Y

With a documented estate plan, you decide the fate of your assets based on factors you feel are most important. https://bit.ly/3wxrbaD

Traditional or Roth? SEP or SIMPLE? We can help you evaluate your IRA options and determine which is best for you and your personal situation.

The basics of IRAs What is an IRA? What are the different types of IRAs? Get answers to these questions and more.