North River Wealth Advisors

Testing out retirement during the summer allows you to experience a taste of freedom without work constraints.

Here's how to plan your trial retirement for this summer.

How to Test-Run Your Retirement This Summer Summer is a nice break for anyone, but it can be incredibly enlightening for those planning retirement! Here, we share ways you can use this summer to test-run your retirement and better prepare for the next chapter.

One of the earliest conversations we have with clients involves insurance coverage.

One of the benefits of working with a fee-only financial planning firm like ours is that you are never sold products and we do not ever receive commissions. This helps us to independently evaluate the proper types of coverage and policies needed for our clients.

In this blog, we’ll explore the best ways to review and adjust your insurance coverage from young adulthood to retirement.

Reviewing Insurance Coverage at Various Stages of Life In this blog, we’ll explore the best ways to review and adjust your insurance coverage from young adulthood to retirement.

Our 2nd quarter market update is hot off the press.

Read what happened in the last quarter and our take on markets, the economy, and the election.

North River Wealth - 2Q 2024 Market Update Read what happened in markets in the last quarter and our take on markets, the economy, and the election going forward.

Reminder: don't forget to wish America a Happy Birthday!

As we reach the halfway point of the year, it's an excellent time to conduct a mid-year financial check-up.

We recommend focusing on four critical areas: tax planning, retirement plan contributions and allocation, insurance evaluation and beneficiary and estate plan updates.

Mid-Year Financial Check-Up: Key Areas to Evaluate As we reach the halfway point of the year, it's an excellent time to conduct a mid-year financial check-up. We recommend focusing on four critical areas: tax planning, retirement plan contributions and allocation, insurance evaluation and beneficiary and estate plan updates.

As a reminder, the FAFSA deadline is June 30!

If You're Applying for FAFSA, Is Your Paperwork in Order? Filing Your FAFSA can be confusing, but it needs to be done every school year for every college-aged kid. As you get started, here are 5 steps to follow.

Celebrating 2 Years!

As we wrap up our second year at North River Wealth Advisors, we wanted to take a moment to reflect on our journey, share what we’ve learned, and give you a preview as to what is next for our business.

What We Learned - Year 2 As we wrap up our second year at North River Wealth Advisors, we wanted to take a moment to reflect on our journey, share what we’ve learned, and give you a preview as to what is next for our business.

The loss of a loved one is one of the most emotionally challenging times in life. Unfortunately, navigating the ins and outs of financial matters for your loved ones can also be overwhelming. Here is a guide to help get you started.

After the Death of a Loved One

🌟 Our Team is Growing! 🌟

We are thrilled to welcome Amanda Gray as a Client Service Associate!

With her extensive experience in financial services and a genuine passion for helping others, Amanda is already making a positive impact on both our team and our clients. We are confident that her expertise and dedication will be invaluable as we continue to provide exceptional service.

Welcome to the team, Amanda! 🚀

https://northriverwealth.com/our-team

No one can predict the market, and if you can’t predict the market, why would you try to pick stocks or funds that you “think” will do better?

You can’t control investment performance, but you can control fees and your investment allocation. To us, it’s important to focus on what we can control.

Why Do We Favor Index Funds? No one can predict the market, and if you can’t predict the market, why would you try to pick stocks or funds that you “think” will do better? You can’t control investment performance, but you can control fees and your investment allocation. To us, it’s important to focus on what we can co...

We help many families organize their current investment accounts and manage them in a way that gives them a simple, but structured approach to success. Here's how...

Practical Ways To Simplify Your Investments

Understanding how to manage money is a crucial life skill, and the journey to financial responsibility begins early. Yet, one of the places we have failed as a society is preparing our students to be financially responsible.

Why Financial Literacy Matters For Our Kids

Sometimes watching rerun episodes can be boring, but investors are likely happy with the results coming out of the quarter.

North River Wealth - 1Q 2024 Market Update

Retirement marks a significant shift, introducing various life adjustments, notably regarding income replacement and the timing and source of funds withdrawal.

Ways to Minimize Your Tax Burden in Retirement

With tax time on the horizon, we will dive into a few topics focused on how to minimize your tax bill. This week we explore ways to lower your taxable income while you are still working.

How to Minimize Your Tax Burden While Working

The tax season is officially here. If you haven't already, now is the time to get prepared.

2024 Tax Filing Season To-Do List

Next up on the North River Wealth Q&A session: Steve Blahovec.

Q&A with Steve Blahovec Next up on the North River Wealth Q&A session: Steve Blahovec. Enjoy.

It's Q&A time on the blog.

First up is Mike Rausch, where we delve into what makes him tick at work, at play and a few things that may surprise you!

Q&A with Mike Rausch It's Q&A time on the blog. First up is Mike Rausch, where we delve into what makes him tick at work, at play and a few things that may surprise you!

Our firm is driven by a set of core values that guide our interactions, decisions, and strategy.

These values—integrity, simplicity, and gratitude— are the foundation of our commitment to providing exceptional financial guidance and building lasting relationships and friendships with our clients.

North River Wealth: Our Values Our firm is driven by a set of core values that guide our interactions, decisions, and strategy. These values—integrity, simplicity, and gratitude— are the foundation of our commitment to providing exceptional financial guidance and building lasting relationships and friendships with our clients...

We are switching things up here on the blog over the next few weeks and doing a few features on our firm and what is important to us.

Enjoy!

North River Wealth: Our Mission Our mission is rooted in the understanding that financial decisions profoundly affect individuals and families. Each interaction creates an opportunity to build trust and create the family environment we want our clients to experience.

One of our biggest pet peeves with financial firms is there is almost zero transparency in terms of how they get paid. That’s a problem.

Why Is North River a Fee-Only Firm? And Why Does That Even Matter?

There may never be a perfect time to get your finances in order, but except for our friends in Florida, this time of year sure seems like it could be the best time.

The Best Time To Organize Your Finances? Now!

We are hiring! Check out the job request below!

www.linkedin.com

Hot off the press...our 2024 market outlook. Enjoy!

North River Wealth - 2024 Market Outlook Remember at the beginning of 2023 when all of the talking heads said there was a 100% chance of a recession, inflation was here to stay and the sky was falling?

Remember when everyone predicted a recession last year? Let's review what really happened in our market update for 4Q and the full year.

North River Wealth - 4Q 2023 Market Update The doom and gloom of double-digit declines across both stock and bond markets in 2022 led many industry pundits to forecast a recession for 2023 that never arrived.

We are incredibly grateful for our clients, family and friends that have been a part of this journey with us.

Cheers to a prosperous, safe and successful 2024!

As we wrap up the year, here were the Top 5 articles we posted in 2023.

Thank you for all of your comments and feedback and we will see you in the new year!

What We Learned In Year One of Our Business
https://northriverwealth.com/blog-and-resources/year-one-what-we-learned?spid=ijldxb

Roth Conversion Strategies: Maximizing Your Retirement Savings
https://northriverwealth.com/blog-and-resources/roth-conversion-strategies-maximizing-your-retirement-savings

Managing My Own Money vs Hiring an Advisor
https://northriverwealth.com/blog-and-resources/managing-my-own-money-vs-hiring-an-advisor

Raising Money-Smart Kids: 5 Crucial Financial Conversations Every Parent Must Have!
https://northriverwealth.com/blog-and-resources/raising-money-smart-kids-5-crucial-financial-conversations-every-parent-must-have

Tax Loss Harvesting: What’s Popular Isn’t Always Right
https://northriverwealth.com/blog-and-resources/tax-loss-harvesting-whats-popular-isnt-always-right

As the year comes to a close and you remembered you still need to buy your Christmas gifts, it is also a great time to review your annual spending.

Review Your Year-End Spending As the year comes to a close and you remembered you still need to buy your Christmas gifts, it is also a great time to review how much money you have spent this year.

2024 Contribution Limits & Other Changes - check out the updated numbers!

2024 Contribution Limits & Other Changes As we get closer to 2024, it is important for investors and retirement savers to stay informed about the changes affecting their financial planning strategies.