Financial Wealth Blog

If you’d like to see how these decisions fit into your broader retirement income strategy, we invite you to schedule a complimentary 20-minute “Ask Anything” conversation with our team. 

Understand sequence of return risk and why the first years of retirement matter most. Learn how market timing and withdrawal strategies interact to shape the long-term sustainability of your portfolio.

The standard deduction provides a fixed dollar amount that reduces your taxable income. Itemizing, on the other hand, means listing eligible expenses individually — things like mortgage interest, certain taxes, charitable contributions, and other qualifying deductions.

In this article, we’ll walk through what these accounts are designed to do, how they differ from other child saving and investing options, and what families may want to consider when thinking about generational planning — without assumptions, urgency, or speculation.

At Towerpoint Wealth, we’re sharing our perspective on retirement tax planning, how retirement income is taxed, why the structure of that income matters, and why reviewing these decisions early can help preserve flexibility over time.

For many families, providing financial help to adult children begins with the best of intentions. It starts as a temporary bridge. A moment of support during a transition. A way to help them get on their feet. Over time, though, what starts as shorter-term assistance can quietly become an ongoing commitment — often without a clear plan, timeline, or shared expectations.

As we head into 2026, it’s natural for investors to ask a familiar question: What does the market outlook look like from here? After several years of rapid shifts, elevated

The new year isn’t about reinventing their entire financial life. It’s often simply about re-centering it. Rather than creating quick goals based on headlines or emotion, they use January as a moment to step back, reconnect with their longer-term plan, and reinforce the structures that support lasting financial confidence. 

For the past several years, even higher-income households have found themselves asking a question they may not have expected a decade ago: “Will I ever be able to buy a

In this Thanksgiving edition of Trending Today, we’ll walk through a number of charitable giving strategies that can help you make a bigger impact, potentially reduce your tax bill, and integrate generosity AND tax efficiency into your broader financial and retirement plan.

Many investors dream of perfect timing — buying right before the market soars, and selling just before it dips. However, oftentimes, investors do the opposite. In theory, market timing is

In this article, we’ll discuss the hidden costs of holding cash, why excess liquidity often works against you, and how a thoughtful cash flow management strategy can strike the right balance between peace of mind and portfolio growth.

Every year, thousands of financial professionals gather at what has quickly become one of the most talked-about events in wealth management: the Future Proof Festival in Huntington Beach, CA. And

As we’re sure you’ve heard, in July 2025, Congress passed what’s being called the One Big Beautiful Bill Act — or OBBBA for short.  At nearly 1,000 pages, this legislation