Educational Resources
Stay informed with the latest news and resources in financial planning. Explore saving strategies, helpful tips, and more from Crosbie Financial.
How Strategic Giving Benefits Both You and Your Favorite Causes
Many people naturally reach for their checkbook or credit card when they want to support a favorite charity, community cause, or place of worship. Giving cash is simple, familiar, and feels direct. However, writing a check is rarely the most efficient way to give....
Roth IRA vs Traditional IRA: Which One Fits Your Situation?
If you have ever sat down to open a retirement account and found yourself staring at two options, a Roth IRA and a Traditional IRA? What’s the difference? It is one of the most common questions we hear, and honestly, it is the right question to be asking. The account...
Tips for Building a Multi-Generational Wealth Strategy for Your Family
Building wealth is one challenge, and creating a plan that helps your family preserve and manage that wealth across generations is another. Before getting into the specific strategies families can consider, it helps to understand why starting these conversations early...
What Parents Should Know About the New Trump Accounts
If you've been following recent financial news, you've probably heard about Trump Accounts, a new savings option designed to help children begin building wealth early in life. While the program has attracted a great deal of attention, the more important question for...
5 Tax Planning Mistakes to Avoid in Retirement
Taxes are one of the largest ongoing expenses most people face — yet for many, tax strategy gets reduced to a once-a-year scramble before the April deadline. The truth is, tax filing and tax planning aren’t the same thing. Filing is looking backward. Planning is...
How Tax Planning Changes Once You Retire
Transitioning out of the workforce shifts how you earn and pay taxes on your money. Many new retirees are surprised to discover the complex tax implications attached to their retirement income. Proactive planning is essential to manage withdrawals, minimize taxes, and...
A Beginner’s Guide to Understanding RMDs
After years of diligently saving for the future, reaching retirement is a huge milestone. You’ve finally built a nest egg to support your lifestyle. But eventually, the IRS requires you to start withdrawing those funds. These mandatory withdrawals are known as...
7 Ways High-Income Earners Can Reduce Taxes Before Retirement
Building substantial wealth brings financial security, but it also triggers a heavy tax burden. High-income earners often see a significant portion of their earnings go straight to the IRS. Without careful planning, taxes can severely limit how much your investment...
What Diversification Really Means (and Why It Matters)
When most people hear the word "diversification," they picture a portfolio stuffed with dozens of different stocks. The logic seems simple enough: don't put all your eggs in one basket. If you own enough companies, you’re safe, right? Not exactly. Owning a lot of...
How Much Could You Have Saved by 60? A Simple Retirement Planning Guide
Retirement planning can feel like a guessing game—plugging numbers into a calculator and hoping the outcome matches the life you imagine. But because life and finances rarely move in straight lines, real confidence doesn’t come from complex algorithms. It comes from...