by admin | Jan 26, 2022 | Retirement Planning
By: Josh Slocum, McClellan Wealth Management IRA stands for an individual retirement account. To simplify, one contributes money, either pre- or post-tax dollars, into an IRA where the funds can be then invested for the purpose of saving for retirement. Unlike...
by admin | Jan 24, 2022 | Retirement Planning
By: Josh Slocum, McClellan Wealth Management A 401(k) retirement plan is an employer-sponsored retirement savings program that enables employees to save for their retirement by making pre-tax contributions. No matter if you’re just starting your career or have been in...
by admin | Jan 10, 2022 | Divorce Finances, Wealth Management
By: Josh Slocum, McClellan Wealth Management During the divorce process, most couples tend to focus on aspects like asset division, child custody, and ultimately, getting what they feel they deserve. What many often overlook during this stressful time is the financial...
by admin | Dec 15, 2021 | Finances, Market Update, Wealth Management
Over the past couple of months, the market was a story of “two steps forward and one step back.” In just nine trading days, starting on Nov. 11th up until Dec. 10th, we saw the S&P 500 drop ~5.1. Heck, the NASDAQ dropped ~7.2% and the Russell 2000 dropped an eye...
by admin | Nov 3, 2021 | Divorce Finances
By: Josh Slocum, McClellan Wealth Management If you’re considering legal separation from your spouse, you may have questions about finances including your savings, property and even retirement accounts. Retirement accounts are often targeted by spouses, especially if...