Spiegelman Wealth Management

The most powerful financial education comes from real stories. As wealth advisors, we spend a lot of time discussing investments, retirement planning, and cash flow strategies. Those tools matter. But some of the most valuable lessons come from real people and their experiences. The immigrant who arrived with nothing and built a successful future. The family that learned resilience through difficult times. The individual who steadily built wealth through discipline and consistency. These stories shape how we think about money, opportunity, and success in ways that no chart or portfolio model can. A well-diversified portfolio is important. But understanding the habits, values, and decisions that help people build wealth over time can be even more impactful. We’d love to hear your story: https://lnkd.in/gA5YZPCi #RIA #FinancialLessons #WealthManagement #FinancialPlanning

Rising costs are quietly reshaping how people think about the future. Adam Spiegelman, CFP® was featured in a recent article from MoneyLion on a trend he’s seeing across clients: people are holding more cash as a cushion against economic uncertainty. “There’s a real undercurrent of anxiety about a potential downturn that people have been anticipating for years,” he said. “So, whether it’s conscious or not, more people are making sure they could survive six months, a year or longer without needing to sell investments at a bad time.” Read the article, syndicated by AOL: https://lnkd.in/ggSGBks8 #Saving #MoneyLion #WealthManagement #PersonalFinance

The burden of retirement contribution limits falls largely on individuals and without a structured plan in place many Americans will reach retirement age underfunded. Incremental increases to retirement contribution limits are helpful, but they do not solve the real problem for employees as they have not kept pace with inflation or the rising cost of living. Stronger incentives, higher required savings levels and tighter restrictions on early access are some of the ways employers and the government can play a more active role. The people who are most prepared often aren’t the highest earners. They’re the ones who decided early on that saving wasn’t optional. See how we can help: https://lnkd.in/guuVaCx7 #RetirementPlanning #FinancialAdvisor #EstatePlanning

The decision when to claim Social Security is not an easy one. Consideration needs to be given to your health, longevity, cash-flow needs and what may be needed down the road by your spouse. In certain situations, taking benefits early can be the right decision. But if you are not in imminent need, waiting until at least full retirement age (FRA) often leads to a better long-term outcome. If it is possible to delay benefits from FRA to 70, you will receive the cost-of-living adjustment (COLA) plus an automatic annual increase of 8% – a return percent not easily found in today’s investment environment. Over three years, that increase results in an estimated 24-25% higher benefit for the rest of your life. An added incentive for delaying is that it increases the survivor benefit your spouse may rely on for life. That is certainly something worth waiting for. #FinancialPlanning #SocialSecurity #EstatePlanning

Understanding what your financial advisor’s credentials mean is only one factor in ensuring you are working with a trustworthy professional. Founder and Wealth Advisor Adam Spiegelman, CFP® was featured in an ComparisonAdviser article explaining the five steps to confirm that your financial advisor is legitimate. He maintains that at the core of your relationship is the “long-term rapport” which “matters as much as credentials and experience.” To see the full list of steps, read the article: https://lnkd.in/g7_Q5Cbx #FinancialAdvisor #DueDiligence #TrustedRelationships

We’re often asked which expense delivers the biggest financial hit: assisted living facilities, nursing homes, or home health aides. A significant health-related cost of aging comes from moving into a residential or community care setting earlier than expected. These facilities are not inexpensive and costs can increase quickly as care needs rise. If someone requires the transition from independent or assisted living into long-term care, monthly expenses can jump substantially and can go on for years. In-home care can start out manageable and turn into full-time coverage, often ending up being the most financially and emotionally draining option. There isn’t a universal answer, but there is a universal truth: the earlier you plan for these costs, the more options you have. #RIA #Retirement #Healthcare

People often assume their expenses will decrease in retirement. In reality, they often stay the same or increase. Healthcare can be one of the biggest culprits of unexpected spending in retirement. People commonly assume Medicare will cover most of their costs but don’t account for things like premiums, deductibles, prescription gaps and supplemental coverage that can add thousands to their monthly expenses. Another hidden factor is helping adult children and grandchildren financially. Expenses like rent support, down payments, weddings, education and even vacations together can have a significant impact on your savings. The truth is: people are living longer and retirement often costs as much – or more than – working life. Let’s plan for the unexpected – together: https://lnkd.in/gA5YZPCi #Retirement #FinancialPlanning #LegacyPlanning

AI is changing what it means to be a financial advisor, but it hasn’t changed what clients need most. Adam Spiegelman, CFP®, shared his perspective with Leo Almazora at InvestmentNews on what this shift means for the industry. "AI can tell you kind of what to do," he said, "but it doesn't sit with you when you're scared because the market is crashing or because you need to pull money out for an expense that you hadn't planned for." Read the full article: https://lnkd.in/eEDUTntY #AI #InvestmentNews #FinancialAdvisor #RIA

Your 40s can feel like a financial tug-of-war. Between kids’ activities, education costs, supporting aging parents, rising housing expenses, and the quiet creep of lifestyle upgrades—everything is taking a toll on your wallet. It’s also the decade where many people unintentionally drift away from the fundamentals that built their financial foundation. In our experience we see one truth play out again and again: clarity beats complexity. When you’re clear on your values, your long-term goals, and what you truly want retirement to look like, decision-making becomes simpler. Trade-offs become intentional-and your money starts working for your priorities. Your future isn’t built on what’s left over—it’s built on what you prioritize today. Our retirement planning expertise can help you navigate what comes next https://lnkd.in/gjJ2G4gc #WealthManagement #LifeInYour40s #LongTermThinking

Experiences can be one of the most meaningful gifts you give. Whether it’s taking a grandchild on a special trip or supporting an activity they love, these moments create lasting memories. They offer a unique opportunity to share your values, your time, and your presence in a way that financial gifts alone often can’t. With thoughtful planning, experiential giving can also be done in a financially responsible way that aligns with your broader wealth and legacy goals. The impact? Stronger connections today—and memories that last for generations. If you’re considering how to incorporate this kind of giving into your financial plan, we’re here to help you do it with intention: https://lnkd.in/gA5YZPCi #GiftGiving #FinancialPlanning #LegacyPlanning