Stonebrook Wealth Management Archive

The financial landscape is undergoing a significant transformation as the "Great Wealth Transfer" approaches, ushering in a new era of prosperity for younger

The close of 2023 witnessed an intense rally in the bond markets, spurred by a resilient U.S. economy and a cooling inflationary environment. The fluctuations

Asset management and financial wellness can help develop long-term confidence when wealth transfers from generation to generation. Understanding and

Tax planning might be complex, but it's also essential, as missing tax breaks or failing to optimize income could cost significant dollars over a lifetime. And

It's amazing how fast 2023 flew by and now 2024 has begun. It is the perfect time to get yourself organized for the remainder of the year. On our website, we've

It is crucial for individuals to engage in strategic tax planning with their financial professionals, particularly considering the changes to the standard

Life today is expensive, and contributing to a retirement plan is more beneficial than ever. Recently, the IRS announced it was raising the contribution limit

In 2024, LPL Research believes markets will make a definitive turn to a more recognizable place. En route, the transition will be marked by meaningful shifts in

You often hear people discuss "saving for retirement,” but in many cases, they're actually referring to their investing. The adage "you can't save your way to

You may sometimes hear the terms "estate planning" and "asset protection" used interchangeably. They have different meanings, and it's important to incorporate

For investors seeking to support charitable causes while optimizing their tax benefits, donating stock instead of cash can provide significant advantages. By

Set up trusts to minimize estate taxes, avoid probate, and seamlessly transfer your assets to your heirs.

The economy and markets made progress toward regaining balance in the first half of 2023, but more work lies ahead. Reclaiming that state of balance helps us

Finances are dicey for those simultaneously caring for their parents and kids. Over the last 20 years, the median age for Americans (the median age is the point

Unbeknownst to many investors, companies have the option of offering their employees a new different type of tax-advantaged retirement plan: the Roth 401(k)

529 plans are tax-advantaged savings vehicles designed to accumulate contributions and help pay for the beneficiary's qualifying education expenses. Sometimes

You may already be aware of the importance of having enough life insurance coverage to handle financial matters that could affect your family in the event of

Social Security Retirement benefits are one thing that people know of, but often what they know isn't always accurate.

Keeping your cool can be hard to do when the market goes on one of its periodic roller-coaster rides. It's useful to have strategies in place that prepare you

With April’s federal tax filing and payment deadline on the horizon, Americans are dotting their i’s and crossing their t’s as they prepare for the countdown to

What is the national debt and should investors worry about it? More importantly, can the national debt teach investors a thing or two?

Financial wellness is a term that refers to the overall health and well-being of an individual's finances. In order to work toward financial wellness, it is

February 13th, 2023 - Joe Mazzucco, an independent LPL Financial advisor who founded Stonebrook Wealth Management in Purchase, NY, today announced his inclusion

When people think of life insurance, what usually comes to mind is settling the deceased's final expenses and providing financial support for their

As a business owner, you may assume you do not need professional financial advice until you hit certain milestones such as $1 million in sales, having ten

Even when investors have information that should lead them toward good investment decisions, they don't always make the appropriate choice for their situation

Congress passed SECURE 2.0 as part of the fiscal 2023 spending package. This bipartisan retirement security legislation could present opportunities for your

On October 21st, the Internal Revenue Service (IRS) announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500

At the end of the year, it is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it

LPL Research’s Outlook 2023: Finding Balance is our guide to how the readjustments in the economy and markets may impact you in the coming year. The disruptions

2022 has been a historic year for financial markets and a challenging one for investors. With inflation rising at the fastest pace in over 40 years, both stocks

Shifts in tax brackets as well as the standard deduction slated for 2024. On October 18, 2022, the Internal Revenue Service (IRS) announced tax year 2023

You often hear people discuss "saving for retirement,” but in many cases, they're actually referring to their investing. The adage "you can't save your way to

You may sometimes hear the terms "estate planning" and "asset protection" used interchangeably. They have different meanings, and it's important to incorporate

For investors seeking to support charitable causes while optimizing their tax benefits, donating stock instead of cash can provide significant advantages. By

Set up trusts to minimize estate taxes, avoid probate, and seamlessly transfer your assets to your heirs.

Baby Boomers are people born between 1946 and 1964. Combined, they hold about $20 trillion in wealth. Over the next few decades, many Boomers may transfer this

Women often face special challenges when planning for retirement. For example, if they are the primary caregivers in their families, their careers may be

When market volatility takes investors on a wild ride, fear and panic are common responses to this stock market roller coaster. Acknowledging these emotions may

Markets rarely give us clear skies, and there are always threats to watch for on the horizon, but the right preparation, context, and support can help us

Annuities can be powerful financial planning tools. Most often used as an insurance product, an annuity can also be used as an investment vehicle, as a way to

The S&P 500 officially fell to bear market levels this week. Rapid inflation across the economy has affected consumers and businesses, raising questions about

Market timing is a “strategy” of deciding when to buy and sell stocks by attempting to predict which way and when stocks will move. Let’s look at an example...

The time to begin planning for your financial future is now. So, when it comes to preparing for retirement, the earlier you start, the better.

The real value of a bear market may be that it gives investors, who are temporarily frozen within its grip, the opportunity to learn or relearn important

Considering the high levels of uncertainty, what should investors do?

How resourceful can you be during your retirement? Determining where your retirement money will come from is an integral part of planning for retirement.

Here is a statement that is bound to cause you to raise your eyebrows: Your long-term financial success may depend less on the structure of your portfolio than

When people are leaving their employer, one of the decisions they need to make is what to do with their 401(k). A retirement plan participant typically has four

Taking a deliberate approach to financial asset management and working with a financial professional, rather than choosing to manage your own portfolio, may

Even if your retirement account balances are behind schedule, there are some concrete steps you can take now to shore up your retirement assets. Below, find

It is easy to misinterpret inflation as the rise in the price of individual goods and services. However, inflation is the increase in the average price level of

With inflation on the rise, the IRS increased the 2022 contribution limits for some retirement accounts. Although a 2021 Congressional report found that only

Our resurgent economy grew at over a 6% pace in the first half of the year and is on track for 5% growth for the year when 2021 draws to a close. The current

Year-end is approaching and being prepared is the best way to make this tax season your easiest yet. Following are important information and tools to help you

Have you ever wondered how estate planning might fit into your overall, future plans? Even if you are just starting to build your estate and do not need complex

And just like that, the calendar turned to October and volatility picked up in a big way, with three consecutive 1% moves for the S&P 500 Index to start the

When the markets are shaky, it can be tempting to rely on political headlines or pending legislation to time your entry or exit points. However, letting

Since an unexpected death can happen at any time, life insurance is essential. While no amount of money can ease the grief that comes with losing someone, life

In July, the president issued an executive order intended to "combat excessive consolidation of industry, abuses of market power, and the harmful effects of

Finance, in general, bases on rational and logical theories, and for the most part, tends to be somewhat predictable. Early financial theories assumed that

It is human nature to seek advice when things aren't going well or when an unforeseen event occurs. Often, people seek financial advice from a professional only

Reducing your emotions can give you a better chance for investing success.

Money is always an emotional subject, but often when our emotions get involved with

A few days before the official start of summer on June 21st, Wall Street’s eyes and ears were on the Federal Reserve, and as expected, the Federal Open Market

In March 2021, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6%, the largest one-month increase since August 2012. Over the previous 12 months

While many of the taxable markets have generated negative returns this year, both the high quality and high yield municipal markets have generated positive

The amount of negative yielding debt is shrinking and that’s a good sign that the global economic recovery is well underway. While negative yielding debt became

Setting healthy financial goals is critical. Even more important is staying committed to those financial goals.

Keeping yourself committed to your goals may be

Investors betting on continued acceleration in U.S. payrolls in April following March’s impressive numbers received an unwelcome reminder of just how choppy the

Inflation is one of the primary risks to bondholders. Rising consumer prices erode the “real” value of principal and interest payments making them worth less

If you're a small business owner, many of the best practices employed by individual investors are also available to you (of course!), but you also have some

Financial feats that were once unheard of—from investing in cryptocurrency to instantly paying someone through an online payment system—have now become

Unlike verbal literacy, financial literacy isn't often taught in schools—which means that many people may enter adulthood without having all the tools they need

At the end of the month, do you often find yourself with a lot less money than you expected? Do you have a hard time determining exactly what you spent your

We all have our own unique relationship with money. We certainly have our own unique way of both spending and saving money.

However, if you’re ready to start

If you’ve only just begun your career and are starting to collect a decent paycheck, the last thing on your mind is probably retirement planning. When you’re in