Outliving Your Retirement Savings: Strategies to Thrive in Retirement
As Labor Day approaches on September 1st, 2025, it’s a perfect time to pause and think about your retirement. For our clients at Davenport & Associates, the fear of outliving your savings is real—51% of people worry about it. With the holiday season nearing, this blog explores why this concern matters and offers simple strategies… View Article
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Social Security COLA Adjustment for 2025: Boosting Income Amid Inflation
The Social Security Administration (SSA) announced a 2.5% Cost-of-Living Adjustment (COLA) in August 2025, boosting average benefits by $50/month for 72.5 million retirees. For our clients here at Davenport & Associates, this adjustment is a key factor in retirement income planning. If you’re asking “When should I claim Social Security?” or “Do you have enough… View Article
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Health Care Costs in Retirement: Navigating Medicare Premium Hikes in 2025
Retirement planning in 2025 demands attention to rising health care costs, with Medicare Part B premiums jumping to $185—a $10.30 increase from 2024—impacting 65 million beneficiaries. For our clients here at Davenport & Associates, this hike signals a need for action. If you’re asking yourself “How much are Medicare premiums in 2025?” or “What’s my… View Article
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Why Estate & Retirement Planning Go Hand In Hand
Retirement benefits like IRAs and 401(k)s form a major part of estates, but improper planning can lead to tax losses of 60% or more. With a Birmingham EPC event today, August 7, 2025, highlighting case studies, it’s timely to explore integration. If you’re asking “Are my retirement benefits portable?” or “Is my estate plan updated… View Article
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Roth Conversion Opportunities in August 2025: Boosting Tax-Free Retirement Income
August 2025 brings a golden window for retirement planning, with Roth conversion costs dropping by 5% due to market dips and the permanent tax brackets from the Big Beautiful Bill. At Davenport & Associates, we see this is a chance to secure tax-free income. If you’re wondering “What are the best Roth conversion opportunities in… View Article
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Emotional Readiness for Retirement: New Studies Reveal a Confidence Gap in 2025
Retirement isn’t just about finances—it’s an emotional journey too. In 2025, new studies show a growing confidence gap, with only 11% of pre-retirees feeling emotionally prepared despite financial stability. If you’re asking “Am I emotionally ready for retirement?” or “How will I spend my time in retirement?”, this blog explores the latest research, common concerns,… View Article
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