Beacon Wealthcare |

01 Dec 2022 Anchoring

Posted at 15:58h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

In 1974, two psychologists, Amos Tversky and Daniel Kahneman, published the paper, "Judgment under Uncertainty: Heuristics and Biases." In it, they discuss biases inherent in all of us that, consciously or not (usually not) impact our decision-making. All were groundbreaking at the time and remain...

20 Oct 2022 2023 Contribution Amounts, Tax Bracket Changes, and Social Security Increases

Posted at 13:53h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

Within the last 7 days, the Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) recipients will receive, while the IRS released tax brackets for 2023. Add in projected retirement plan contribution limit increases, and next year you have three silver linings to the high...

22 Sep 2022 How Americans Spent Their Money in 2021

Posted at 15:46h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

Each year, the Bureau of Labor Statistics releases the findings of their Consumer Expenditure Surveys (CE), which track the earnings and expenditures of American households. The first survey was done in 1888, though it didn't become an annual tradition until 1984, and is packed with...

25 Aug 2022 The Candler Oak

Posted at 13:41h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

My parents moved to Savannah, Georgia, last March. My brother had moved there a few months prior and they had become taken by the city and, I'd like to think, wanted to be a bit closer to me, Emily, and the kids (mostly the kids)....