FPA Wealth Management

Have you reserved a seat yet? RSVP today for the Exit Planning Institute Event, on December 18th, 7:30 - 9:45. If you are a family business or an advisor to a family business, you should consider attending this in-person expert panel discussion. RSVP today to guarantee your spot! https://lnkd.in/gKBHVAZ2

Tax time can be a good time to give your household budget a checkup.

Preparing the Next Generation for?Leadership

The Social Security Fairness Act has reached a significant milestone with over 1.1 million retroactive payments issued to public servants. The average Social Security payment of $6,710 provides meaningful support to teachers, firefighters, and police officers who previously faced reduced benefits. Looking ahead, eligible Social Security recipients will see permanent increases in their monthly payments starting in April. This represents an important change in how retirement benefits work for those who maintained public pensions while contributing to Social Security throughout their careers. Worth noting: Some beneficiaries may see modest increases while others could receive over $1,000 more monthly. #SocialSecurity #RetirementIncome #PublicService https://lnkd.in/eHNEjHzY

Whether you are already retired or just starting to prepare, take a look at your home. Is rightsizing the right decision?

How much more would you have to save for retirement if you owned your home rather than rented? Would it surprise you to learn it might be several times less? Learn more about the relative advantages below.

??? Exciting news for stargazers—a unique astronomical event is happening right now! All seven solar system planets are aligned in what astronomers call a "planetary parade" that began at the end of February and will continue through spring. Here's what you need to know: Venus, Mars, and Jupiter are easily visible to the naked eye Saturn and Mercury are visible but faint near the horizon Uranus and Neptune require binoculars or telescopes to spot These alignments happen annually but with varying visibility For the best viewing experience, find a spot with clear skies after sunset. The planets will appear brighter than surrounding stars, with Mars showing its distinctive reddish-orange glow. This celestial gathering won't last forever—the planets will gradually separate throughout spring, so don't miss this opportunity to witness our cosmic neighborhood on display! #PlanetaryParade #Astronomy #NightSky #SolarSystem https://lnkd.in/eUrcxfz4

Concerning signs for the housing market emerged as new data revealed significant challenges for potential homebuyers. New single-family home sales fell 10.5% in January, worse than economists predicted, while the median house price rose 3.7% year-over-year to $446,300—the highest since October 2022. The housing landscape shows mounting pressure, with new inventory increasing to 495,000 units, reaching levels not seen since December 2007. Weather played a role, too, with extremely cold temperatures and snowstorms contributing to regional declines: Northeastern sales plummeted 20%, Midwest sales were down 16.7%, and South sales dropped 14.8%. This housing slowdown adds to broader concerns about economic activity in Q1, following weak retail sales and cooling job growth. With mortgage rates hovering near 6.85% and ongoing policy uncertainty from potential tariffs, tax cuts, and immigration changes, the spring selling season outlook appears challenging. Housing experts note this inventory buildup reflects homebuilders' optimism for increased demand that "has failed to materialize," potentially leading to "a significant pullback in new residential construction projects" in coming quarters. #HousingMarket #MortgageRates #RealEstate #EconomicOutlook #HomeBuilding https://lnkd.in/eweQ4eNk

Do you know how much you’ll spend during your retirement? The answer may be more complicated than you’d expect. Learn more here.

The Art of Business Succession – Passing the Torch to the Next?Generation