Di Silvio Wealth Management Group

When it comes to one's educational journey, choosing a major is no small task. Understanding the most sought-after industries among university students can offer insight into career paths that promise enduring success and financial security.

Infographic: College majors for bright futures and lucrative careers raymondjames.com

When your business is a solo act, figuring out the right way to save for retirement can be tricky. Find out how an owner-only 401(k) plan can give you the flexibility you need to meet your retirement goals.

Is your business a solo show? Learn about owner-only 401(k) plans raymondjames.com

Understanding the rules for required minimum distributions can help you plan ahead to manage taxes.

A Closer Look at RMDs and the SECURE 2.0 Rules troweprice.com

While elections can stir investor anxiety, history suggests that who's president and which party is in power hasn't impacted long-term market performance. Explore more investor insights about the 2024 election here:

2024 Election insights invesco.com

Good news for home buyers! 30-year mortgage rates are falling thanks to the sharp drop in Treasury yields over the last few weeks. The fixed rate on a 30-year loan fell to 6.55% - its lowest level since April 2023 and nearly 1.4% below its recent peak last October. The drop spurred a big uptick in refinancing activity (+16% w/w) to its highest level in nearly two years. This is a welcome relief for consumers and if sustained, could mark a turning point for the housing market.

Rules and strategies that a surviving spouse should consider to maximize lifetime Social Security benefits after the death of a spouse.

What a surviving spouse should know before claiming Social Security benefits troweprice.com

How can you pay off your credit card debt while minimizing your interest payments? Here are some strategies to keep in mind that may help you find your debt-free path.

Pay off debt with a plan in mind raymondjames.com

Summer volatility is not unusual, especially on summer Fridays that have major economic releases that challenge the market narrative. In this case, recent earnings and economic releases have questioned the soft landing, no recession outlook with fears of a recession becoming top of mind. We
ultimately believe this soft patch of data will prove to a be a ‘growth scare,' not a ‘recession reality.' Read more here.

Putting the recent equity weakness into perspective raymondjames.com

Markets have targeted September's meeting for when the first interest rate cut will take place. And while the post-meeting statement provided no clear indicators of when a rate cut would be forthcoming, Fed Chair Jerome Powell noted in his press conference that a September cut could very well be on the table.

Interest rate cut appears to be on the horizon raymondjames.com

Factoring taxes into your investment strategy can help amplify your savings efforts.

How to Make the Most of Your Savings Using a Tax-Efficient Approach troweprice.com

Election cycles are unpredictable, and the 2024 presidential election cycle has proven to be no exception with President Joseph Biden choosing to drop out of the race. Following the historic announcement we're diving into the questions that are top of mind for investors – how will President Biden's decision not to seek reelection impact the economy, fixed income and equity markets?

After Biden: What comes next? raymondjames.com

With state-facilitated retirement plans on the rise in the U.S., business owners are in a unique position to help employees save for retirement – and to strengthen their own foundations in the process.

The good business of saving for someone else's retirement raymondjames.com

Timing the market has been difficult for investors throughout history. If an investor has missed the best market days, it has significantly weighed on performance. Missing the best 20 days of the S&P500 over the last 50 years would cause your annualized return to dwindle from 8.3% (invested the entire time) to 5.4%. As we continue to hit record highs, it is key to remember that staying invested is more important than trying to time the market.

Create an estate plan that benefits your heirs.

How to Ensure Your Assets Will Be Distributed According to Your Wishes www.troweprice.com

High-net-worth individuals and families who benefit from the historically high federal estate and gift tax exemption may soon see it reduced by half. Read why now may be a good time to review your estate and gifting plans.

Will the sun set on generous estate and gift tax exemptions in 2026? www.raymondjames.com

Plan ahead to keep Social Security income from raising your marginal tax rate.

What to Know About Social Security Benefits and Your Taxes www.troweprice.com

Markets can be especially choppy during election years, with sentiment often changing as quickly as candidates open their mouths. "Presidents get far too much credit, and far too much blame, for the health of the U.S. economy and the state of the financial markets. There are many other variables that determine economic growth and market returns and, frankly, presidents have very little influence over them." - Darrell Spence, Capital Group Economist

With social media being as prolific as it is, it's imperative for you and your family - especially young ones - to navigate safely. Here are a few ways you can protect your privacy on social media.

Protecting your privacy on social media: how much is too much? www.raymondjames.com

Last month we hosted a Client Appreciation Event by putting together a Financial Trivia Night at Opus Steakhouse. Thank you to everyone who got into the competitive spirit and helped make the night a success! Here are the lucky winners who came out on top with their financial knowledge.
A few of my favorite takeaways from the night were:
Q1.) Name the coin that costs more to make than its value?
Q2.) The average 65-year-old female has a 50% chance of living to what age?
Q3.) How many years do you have to invest $5,000 at a 10% growth rate to accumulate $1 million?
Answers below
A1.) penny or nickel
A2.) 88
A3.) 31 years

If you're in a low tax bracket now and expect to be in a higher bracket later, you may want to consider a Roth.

The Top Things to Consider When Deciding Between Roth and Traditional Accounts www.troweprice.com

Because there are no income limits restricting your ability to put after-tax dollars in a regular IRA, you can use this backdoor strategy to build a Roth IRA no matter how much you earn.

Through the back door to bigger retirement savings www.raymondjames.com

We've had a bleak start to the new year, and Invesco's Chief Global Market Strategist Kristina Hooper, has been fielding a lot of questions about the state of the economy given ongoing wars, escalating conflict in the Red Sea, and looming concerns about potential geopolitical impact of global elections. Read more from Kristina's latest Weekly Market Compass.

Seven reasons to be optimistic about the global economy www.invesco.com

Although a million dollars may seem like a daunting figure, especially if you haven't been diligent about saving, there's good news: You don't have to make $1 million to save $1 million. Here are some of the habits that can help you get there.

Five habits of 401(k) millionaires www.raymondjames.com

The 2024 election is less than one year away. Many of us are already fielding questions on what the election may mean for the economy and financial markets. Our response, as always, is that elections don't matter nearly as much for markets as many suspect. Read Invesco's Global Market Strategist Brian Levitt's views on why people care about elections and markets don't.

People care about elections. Markets don't. www.invesco.com

As technology has advanced and brought new capabilities, so have the methods employed by scammers. Check out these common scams – and how to avoid them.

10 common scams and how to avoid them www.raymondjames.com

A new era of higher-trend inflation and higher rates is likely to favor international equities.

Seeking Opportunities Overseas: International Equities Are Positioned for a Comeback www.troweprice.com

Bond yields have rebounded and are unlikely to return to the anemic levels of the 2010s, despite the Fed's dovish pivot. Given the significant outperformance and high returns on equity by the Magnificent 7 companies collectively, we believe they should be viewed as a separate asset class.

Watch: Three important insights from 2023 www.troweprice.com

For the fourth consecutive meeting, the central bank elected to not raise the federal funds rate. Jerome Powell reiterated that the central bank remains resolute in its effort to bring inflation down to its stated 2% target.

Fed opens 2024 FOMC meeting slate by holding rates steady www.raymondjames.com