Savant Blog

Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.

25 Jun
June 25, 2019

According to a recent study done by Fidelity, the average total costs of healthcare for a retired couple, aged 65 and living until ages 85/87, will be $285,000!¹ When people think about their retirement goals, they often overlook the expenses associated with keeping up their health. Being aware of your options and how you can fund this goal in retirement can help mitigate the possibility of having to give up your current lifestyle.

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20 Jun
June 20, 2019

As more women work “side hustles” outside of their regular employment (e.g., Uber, Postmates, Task Rabbit, etc.), there is an opportunity for them to establish their own Solo 401(k) plan, defer taxable income, and save for retirement.

A Solo 401(k) plan consists of an employer contribution and an employee contribution.

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04 Jun
June 04, 2019

Since childhood, many of us have set financial goals. Perhaps it was saving for our first bike or an ice cream treat, or simply enjoying our first taste of wealth as it accumulated in the piggy bank. Whether these actions were influenced by our parents attempting to teach responsibility or it turned out to be an innate personality trait, the process of establishing a goal and seeing the fruits of that accomplishment is as important as ever.

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