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At Legacy Financial Group, it is our mission to provide our Clients with the most comprehensive service available. With that, we provide a wealth of knowledge at your fingertips. Our blog provides insight from our team of experienced professionals on financial markets and current events, as well as on demand resources that will help you become financially confident.

Wednesday, September 28, 2022

Despite progress toward financial planning and saving, women often face challenges regarding their financial security. These challenges can include more time away from the workforce (often caring for children or for parents), the...

Tuesday, August 30, 2022

With half the year behind us, now is a great time to consider what the remainder of 2022 may hold. However, with inflation and economic uncertainty causing many of us to delay or cancel vacations, large purchases, and more, it can be...

Monday, June 27, 2022

If you are anticipating an annual bonus this year, it’s wise to come up with a thoughtful plan for the extra cash before it comes so you can get the most benefit from it. If you need more time to consider your options, deposit...

Thursday, June 2, 2022

This month’s Your Money Matters newsletter features some tips on budgeting after a divorce, how your credit score compares to the rest of the country, what could happen if you invested instead of buying more stuff, and the true...

Wednesday, May 18, 2022

If you have a balance on a credit card or an adjustable rate mortgage, you might be noticing changes in your payments. Higher interest rates are starting to ripple through the personal finance landscape, and it doesn’t look like...

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Wednesday, April 27, 2022

How much do you know about Social Security? Given how layered the topic can be, it’s wise to educate yourself as much as you can about your options. We have a number of resources on our website that can help you take a bite out...

Tuesday, April 19, 2022

INSURANCE - READ TIME: 3 MIN Addressing the potential risks of extended term care expenses may be one of the biggest financial challenges for individuals who are developing a retirement strategy. The U.S. Department of Health and...

Friday, March 25, 2022

Fewer things are more reliable than tax day, even if the deadline has shifted around a bit in recent years. This year, it’s April 18th for most taxpayers, and recent legislation changes include substantial increases to standard...

Thursday, March 10, 2022

If you’re concerned about today’s market volatility, you might take some comfort from one of my favorite quotes by Warren Buffett. “I would tell them don’t watch the market closely,” said the Oracle of...

Tuesday, February 22, 2022

Yankees great Yogi Berra once quipped, “90% of baseball is mental; the other half is physical.”Math aside, Yogi’s point is well-taken: to excel at any sport on a professional level, mental tenacity counts for as much...

Thursday, February 3, 2022

Thursday, January 13, 2022

Even the federal government knows that this period of life is special. According to the IRS, 50 is the magical age when you get to contribute thousands of dollars more to your retirement account each year, commonly called “catch up contribu

Friday, January 7, 2022

Here are five facts to remember when the market gets bumpy: 

Monday, December 13, 2021

Wednesday, October 27, 2021

When you lose a spouse, partner, or parent, the grief can be overwhelming. In the midst of that grief, life goes on. There are arrangements to be made, things to be taken care of – and in recognition of this reality, here is a...

Wednesday, October 13, 2021

Plan for tomorrow, today.That seems like sensible advice, doesn't it? Yet a surprising number of people leave no estate plan in place for their survivors. It makes a certain amount of sense. Nobody likes talking about death. But this...

Wednesday, September 22, 2021

What does the Peace Corps, the US Senate, and the tax code have to do with education funding? They’re all related to Senator William Coverdell! Senator Coverdell represented Georgia from 1993 to 2000 after serving as the...

Thursday, September 9, 2021

Isn’t it the worst when you wake up after you’ve hit the snooze button? Just a few more minutes! If your child is approaching college and you're behind on education savings, it can feel like hitting the snooze button...

Wednesday, April 28, 2021

The uncertainties we face in retirement can erode our sense of confidence, potentially undermining our outlook during those years. Indeed, according to the 2017 Retirement Confidence Survey by the Employee Benefits Research Institute,...

Wednesday, April 14, 2021

Generally, the different parts of Medicare help cover specific services. Most beneficiaries choose to receive their Parts A and B benefits through Original Medicare, the traditional fee-for-service program offered directly through the...

Wednesday, April 7, 2021

Every year, about 140 million households file their federal tax returns.1 For many, the process involves digging through shoe boxes or manila folders full of receipts; gathering mortgage, retirement, and investment account statements;...

Wednesday, March 31, 2021

If your family relies on your income, it’s critical to consider having enough life insurance to provide for them after you pass away. But too often, life insurance is an overlooked aspect of personal finances. In fact, according...

Wednesday, March 17, 2021

9 Facts About Retirement Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of...

Wednesday, March 3, 2021

Every year the Internal Revenue Service (IRS) releases its list of tax scams, spotlighting the myriad ways that people try to separate you from your money.¹ The “Dirty Dozen” Identity Theft Using your personal...

Wednesday, February 17, 2021

Ancient Chinese merchants were said to have developed a unique way to manage their risk. They would divide their shipments among several different vessels. That way, if one ship were to sink or be attacked by pirates, the rest stood a...

Wednesday, February 3, 2021

9 Facts About Social Security Social Security’s been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise...

Tuesday, January 26, 2021

John and Mary are nearing retirement and they have a lot of items on their bucket list. Longer life expectancies mean John and Mary may need to prepare for two or even three decades of retirement. How should they position their money?1...

Wednesday, January 6, 2021

Trust Basics Whether you're seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their...

Wednesday, December 9, 2020

If you struggle to manage your finances, partnering with a financial advisor could be a great help. On anything from simple budgeting to complex estate planning, it can be tough figuring out who is the best fit for your needs. There...

Friday, October 16, 2020

Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals. Here are ten crucial reasons why financial planning will get you where you want to be with the help of an...

Friday, October 2, 2020

Planning for Retirement 101 Saving for retirement always sounds like a good idea in theory, but it isn’t always easy to practice. The majority of Americans between the ages of 40 and 60 have less than $100,000 saved for...

Wednesday, September 9, 2020

What is a Credit Score? A credit score is a number between 300-800 that depicts a consumer’s creditworthiness. The higher the score, the better a borrower looks to potential lenders. A credit score is based on credit history:...

Friday, August 21, 2020

Banking and Savings 101 Banking and savings are an important aspect of personal finance that isn’t frequently talked about. While it falls under the area of personal finance, many of us assume that in this day and age that nearly...

Wednesday, August 5, 2020

Saving for an Emergency As important as it is to set a budget and stick to it, it is equally important to prioritize where you are allocating your money within that budget. An important topic that seems to be left out of creating a...

Tuesday, July 14, 2020

A budget is a tool you need to help you stretch your paycheck as far as it’ll go. And all it takes is just a little bit of discipline, planning, and most importantly, prioritization. While creating a budget may seem overwhelming...

Friday, June 19, 2020

Below is a market update as of June 16th, 2020. Federal Reserve to Keep Rates Low Last week, the Federal Reserve met and unanimously voted to leave short-term rates unchanged but will “increase its holdings of Treasury securities...

Friday, May 29, 2020

Happy 529 plan day! What is a 529 Plan? A 529 plan is an investment account that offers tax-free earnings growth and tax-free withdrawals when the funds are used to pay for qualified education expenses. For college, university, and...

Tuesday, May 12, 2020

There are many unknowns during this unprecedented time, but one thing we know for sure is that there is light at the end of the tunnel. In fact, some states have already began reopening their economy. Are you wondering where each state...

Wednesday, April 15, 2020

It goes without saying that the market has changed exponentially in the last quarter. The recent market volatility has left investors feeling especially concerned about their current financial health and where the market stands as of...