National Estate Planning Awareness Week: Why Update Your Plan Now
A Week to Reclaim Your Legacy During National Estate Planning Awareness Week (October 20–26, 2025), it’s time to reflect: 70% of Americans lack a basic plan, risking court control, family disputes, and lost assets. For most Americans, outdated or missing documents can turn your hard work into chaos. At J. Davenport Legal, we make updates… View Article
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6 Strategies When You Can’t Save More: Boosting Retirement in 2025
Stuck on Savings? There’s a Way Forward If you’re like most Americans that can’t save more due to maxed-out budgets or life demands, you’re not alone—58% of Americans feel behind on retirement goals. At Davenport & Associates, we focus on maximizing what you have through smart strategies. What to do when you can’t save more… View Article
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Retirement Confidence is Declining and How to Rebuild It
Is Your Retirement Confidence Fading? Recent surveys paint a troubling picture: retirement confidence is dropping, with 65% of Americans relying on advisors to navigate uncertainties, yet only 37% feel fully prepared. For most Americans, this decline—down 5% year-over-year—signals a need for action amid market volatility and policy shifts. At Davenport & Associates, we use insights… View Article
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The Retirement Savings Gap: Why 58% of Americans Are Behind in 2025
Is Your Retirement Savings on Track? Picture this: You’ve saved diligently for years, but inflation and unexpected costs leave you short of the $1.46 million needed for a comfortable retirement. For most Americans, this “retirement savings gap” is a harsh reality—58% of Americans feel behind, with median savings at just $88,000. At Davenport & Associates,… View Article
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Working in Retirement: Why 80% of Americans Plan to Keep Earning in 2025
The New Reality of Retirement Work Imagine retiring at 65, only to find your savings need a boost from part-time work to cover rising costs. For most Americans, this isn’t a dream—it’s the plan for 80% of Americans expecting to work post-retirement. At Davenport & Associates, we help people approaching retirement blend earning and saving… View Article
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New Rules for Inherited IRAs: Navigating Required Distributions in 2025
Protect Your Legacy from Tax Traps Imagine inheriting your parents’ IRA, only to lose 30% to taxes because of new rules you didn’t know about. For many Americans over 50, this is a real risk in 2025. The SECURE 2.0 Act has changed how inherited IRAs are taxed, requiring most heirs to withdraw funds within… View Article
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