6 Tips When Receiving an Inheritance or Windfall

Through what some are calling a “silver tsunami,”  experts predict around $84 trillion in wealth to be transferred over the next two decades.¹ The impact will likely be felt across various sectors of the economy, and it will require careful planning and adaptation to address this demographic shift’s opportunities and challenges.  If you are receiving an […]

Unlocking the Power of Employee Stock Options (NQ & ISO): Tax Strategies, Timing, and More

In the intricate landscape of executive retirement planning, few tools wield as much potential for financial empowerment as employee stock options (ESOs). For high-earning executives navigating non-traditional equity planning and tax strategies, understanding the nuances of Non-Qualified (NQ) and Incentive Stock Options (ISO) is paramount. This blog aims to unlock the latent power within these […]

Roth vs. Traditional 401(k) contributions; what’s the right choice for high-income earners?

In retirement planning, one thing is clear – when preparing for the future, there’s no one-size-fits-all solution. This especially applies to high-income earners, who often have more complex financial portfolios and other unique considerations to weigh. For those fortunate enough to enjoy a high income, the stakes are higher, and the choices are more significant. At […]

How to Navigate Health Insurance During an Early Retirement

When contemplating retiring early, your decision-making process starts with a long, hard look at your current financial standings. The more time you plan on spending in retirement, the more savings you’ll need to set aside to cover your lifetime expenses. One expense, in particular, has the potential to put a strain on your retirement budget […]

Stock Options vs Restricted Stock Units: What’s the right choice for me?

In the ever-evolving landscape of employee compensation, the choices can often resemble a complex puzzle. Among the myriad of options available, two popular vehicles for rewarding employees stand out: stock options and restricted stock units. These compensation vehicles have become a central focus for both employees and employers seeking to align their interests and incentivize […]

Wingate Wealth Advisors named to CNBC Financial Advisor 100 List for 2023

Lexington, MA – September 18, 2023 – Wingate Wealth Advisors LLC, an independent, fee-only wealth management and financial planning firm, has been recognized on the annual CNBC Financial Advisor 100 for 2023. Wingate Wealth Advisors was one of the few Massachusetts firms that made the top Financial Advisor 100 which, according to CNBC, “recognizes those […]

The Simple 3-Step Medicare Guide

When, Why, and How to choose a plan that’s right for you (especially if you’re already enrolled). Whether you’re looking into Medicare for the first time, or taking advantage of annual enrollment to update your strategy, we’ve broken down the critical choices you must make into a simple decision-making tool (including the easy-to-understand questions you […]

4 Tips For Navigating a Job Transition

Job transitions – they happen for many reasons. Some look for a different job to advance their career and pursue something better. Others are looking to jump ship when their current employer can’t meet their financial needs, career growth goals or even when the work environment is untenable. Changing jobs and employers when you’re mid-career […]

SECURE Act 2.0: What High Net Worth Individuals Need To Know

When the initial SECURE Act was released in 2019, several sweeping changes were made that impacted Required Minimum Distributions (RMDs), retirement savings, and more. At the end of December 2022, the SECURE Act 2.0 was signed into law, as well. This new piece of legislation worked to create additional opportunities for retirement saving while expanding […]

Secure Act 2.0 – Everything you Need to Know About RMDs

So much of your retirement preparation focuses on saving money. But, at some point, you need to take that money out, and how you do that is an integral part of your retirement income strategy.  The Secure Act 2.0 contained changes that affect your retirement distribution strategy and timeline. We’ve compiled a deep dive into […]