1. Your Income—and Savings Rate—Are Growing Starting out, many people aim to save around 10% of their income. But as your career advances and your earnings grow, you might start...

Now that tax season is behind us (cue sigh of relief), it’s the perfect opportunity to share your completed tax return with us. As part of your personalized retirement planning...

Why Is The Market Down Right Now? The recent market decline isn’t rooted in economic weakness—it’s a result of policy shock. Uncertainty around fiscal and geopolitical decisions has spooked markets,...

Written By: Philip Lockwood As we kick off the second quarter of 2025, investors are being reintroduced to something the markets really don’t enjoy: uncertainty. The recent announcement of tariffs...

A Roth conversion refers to moving all or a portion of the funds from a traditional retirement account into a Roth IRA. Roth IRA benefits: Here’s when a Roth conversion...

As individuals approach retirement, financial literacy becomes an essential tool for navigating the complexities of wealth management, tax strategies, and legacy planning. At Lockwood Financial Strategies, we believe that empowering...

If there’s one thing history has taught us, it’s that markets don’t move in a straight line. Short-term declines, while often unsettling, are a normal and expected part of investing....

Retirement is a time of newfound freedom—a chance to focus on hobbies, travel, and spend more time with family. But for many, the question arises: “What should I do with...

As we step into 2025, it’s a great time to reset, reflect, and make financial moves that will set the tone for the year ahead. Whether you’re looking to grow...