Our Insights

In Lean on Me, Bill Withers reminds us of the value of having someone you can rely on when it matters most. Financial decisions can feel complex, overwhelming, and at times uncertain. That’s where the role of a fiduciary comes in, providing guidance you can trust and a commitment to always act in your best interest. This month, we explore what that responsibility really means, along with updates from Prosperity Wealth Planning, including our Spring Planning Sessions, welcoming Aleksandra Jaku to the team, new educational content, and our Life Transition Toolkits.

Welcome to 2026! Every January brings with it a time to look ahead, and a time to reflect on what transpired in the previous twelve months. Anticipation and nostalgia drift through the air, a powerful reminder that every day, life is actively shaping who we are becoming. In the song, Unwritten, by Natasha Bedingfield, she writes, "Today is where your book begins, the rest is still unwritten." The upcoming year brings a promise of new opportunities, new life adventures, and, certainly, change. It is up to each of us to decide what will be written in the days and years ahead.

Happy Holidays! As we reflect on 2025, we look back on a year filled with growth, meaningful connections, continued dedication, and measurable progress in helping our clients achieve their financial goals.

As we enter the final stretch of the year, it is always a good time to take stock of the changes that have occurred and plan strategically for what's ahead. It calls to mind a line from the song This Time Last Year by Kelsea Ballerini, where she sings, "But, oh, how the tides change in 365 days." The fact is, taking time to make the updates and adjustments where they are needed now can lead to positive outcomes in 2026.

What is the meaning of our lives? For some of us, it may include living a life filled with adventure, family memories, spirituality, increased clarity, and, in the end, being remembered through the legacy we leave to the next generation. In this month's newsletter, we will focus on the idea of legacy planning, a subject much more meaningful than pure estate planning. It was in the song "I Was Here," by Beyonce that she declares, "I want to leave my footprints on the sands of time. Know there was something that meant something that I left behind."

It was the poet T.S. Eliot who once lamented that “April is the cruelest month”. Ben Franklin famously said, “In this world nothing can be said to be certain, except death and taxes”. And then there is Pink Floyd, who captured the sentiment of so many, “Money. Get Back! I'm alright, Jack, keep your hands off my stack...Money. It's a crime. Share it fairly, but don't take a slice of my pie”. Anyone who has ever looked closely at a paycheck to see the deductions can appreciate those lyrics. It doesn’t mean that we have to enjoy paying those taxes, however.

"What if?" Now, there's a loaded question! What if you had all the money you ever needed to do all the things you want to do? What would you do differently? Maybe take that Mediterranean cruise? How about buying an RV and touring America to see how many National Parks you could visit in a year's time? Take a cooking class at a chateau in France or play golf at every British Open course? Think about what it would look like if you were able to live out your dreams. In the song, What If, Matthew West sings, "I've heard them say before, to live just like you're dying. Wish I could say that's how I am, but I'd be lying. My biggest fear is waking up to find what matters is miles away from what I spent my life chasing after. Is my story going to have the same two words in every chapter? What if?"

Happy Holidays! In keeping with one of the treasured traditions of this time of year, Prosperity Wealth Planning would like to share with you, our amazing clients, what we’ve been up to in 2024. It’s been another busy, productive year!

The holiday season is just around the corner, and so the season of giving will soon be upon us. The understanding that 'charity begins at home' imparts a gentle reminder that we should all consider helping those less fortunate. Like Jackie DeShannon sang nearly 55 years ago, “think of your fellow man, lend him a helping hand, put a little love in your heart. And the world will be a better place, for you and me, you just wait and see.”

The summer of 2024 is here, and the commotion you see on the near horizon is this year's election season, almost upon us. I am reminded of the old French saying, which loosely translates to, “The more things change, the more they stay the same.” Need proof? Think of the words to Bob Dylan’s song from nearly 60 years ago, where he sang, “Come senators, congressmen, please heed the call. Don't stand in the doorway, don't block up the hall. For he that gets hurt will be he who has stalled. The battle outside ragin' will soon shake your windows and rattle your walls, for the times they are a-changin'”.

I was listening to a podcast not too long ago, and one of the hosts cited a study that said that most twenty-year-olds today would live to be 100 or more years old. With advances in technology and medical science, many of these experts believe that it is very likely. Of course, we all recognize that aging brings many physical changes and challenges. The need for a strong healthcare plan to navigate those “golden” years has never been more important.

The arrival of the new year brings with it a sense of change, of new vistas to explore and new friends to meet. It is a time of optimism and renewal, a time to look forward with a sense of hope. In the song Feeling Good by Nina Simone, she sings, “Birds flying high, you know how I feel. Sun in the sky, you know how I feel. Breeze driftin’ on by, you know how I feel. It’s a new dawn, it’s a new day, it’s a new life for me”.

It is hard to believe that another year has already come and gone! It feels like just yesterday, Prosperity Wealth Planning was preparing our 2023 calendar and determining how we would be spending the coming twelve months. And now, with the year nearly behind us, it seems like a good time to look back and consider what we were able to accomplish this past year.

One of the real challenges we experience comes from working to understand and then implement the complex investment and savings choices that exist in the world today. There are so many offered that it’s hard to keep track of what is out there sometimes. When I think about the concept of building a nest egg, one of my personal favorites, and one that has grown in popularity for a variety of reasons, is the Roth Account. Having your retirement savings made available tax-free is a great thing, and the Roth is like the “Golden Egg” when it comes to making that happen.

When George Harrison wrote the song Taxman, he did so to protest a progressive income tax imposed in the United Kingdom which saw the Beatles, who were amongst the highest earners in the country, required to pay a whopping 95% “supertax.” This led to the lyric where they sing, "There's one for you, nineteen for me." Fortunately, the income taxes in our country (and many of the individual states) have not risen that high. However, it is always a good idea to be aware of what your tax liabilities are, and, more importantly, what you can do to legally minimize those costs.

The stormy economic forecasts seem to mirror the very wet winter we experienced in California this year, which makes me think of the song Umbrella by Rihanna, where she sings, “...Now that it's raining more than ever, know that we'll still have each other. You can stand under my umbrella, you can stand under my umbrella”.