Private Wealth Management Insights

What are Health Savings Accounts (HSAs) and should I have one?

Health Savings Accounts (HSAs) are savings accounts used for healthcare expenses. They’re also powerful financial tools that come with significant tax benefits.

Understanding the Pros and Cons of Real Estate Investing

An overview of the knowledge, research, and upfront costs required for successful real estate investing.

Key Considerations for Income Investing

An explanation of income investing, including the pros and cons of common income-generating investments.

Finance After Loss

Losing your partner can be devastating. It is understandable that you may experience a flood of feelings - grief, sorrow, numbness, fear, anger, even guilt. To add insult to injury there are numerous financial items to address. When you are ready to tackle these items use this checklist as a guide to help you navigate your way to a new normal.

Finance After Divorce

Getting divorced is STRESSFUL- physically, mentally, and financially. Facing uncertainty and navigating the unknown can be overwhelming as you grapple with the million-dollar question “Will I be OK?” One of the best ways to regain a sense of security is to make a financial plan. Reducing financial uncertainty will help you tackle the many other stressors related to divorce. Here is a checklist with a few action items to help you get started in taking control of your finances after a divorce.

Opening Doors: Coming Out of Pride Month

Just like everyone else, LGBTQ+ folks have to think about cash flow, medical bills, if they want to get married or start a family, saving an emergency fund, changing jobs, negotiating salaries, titling assets, and living a life that's authentic to them. At the same time, we want to feel understood and like we don't have to hide who we are. As a gay man in finance and wealth management, I want my community to know I am - and Greenspring Advisors is - a safe space for you.

Your Mid-Year Financial Checklist

As we turn the calendar to July and hit the halfway point of the year, now is a great time to take care of things that you might normally forget about. Change your smoke detector batteries, check your HVAC filter, and also-check your finances! The halfway mark of the year is a great time to review your finances and ensure that you are on track to meet your financial goals for the year.

Finance After 50

I recently celebrated my 50th birthday and it has begun to sink in that I am on the back end of my longevity curve. Retirement is no longer something “Old” people need to worry about but rather a word that has become a frequent part of my vocabulary. Turning 50 is a perfect time to evaluate your financial situation and determine if your retirement plan is on track. Use this checklist to help you gain firm financial footing so that you can fully enjoy your NEXT 50 years.

When Economic Uncertainty Comes, Stick to Your Investment Plan

It seems like we cannot go a day without hearing questions about a recession. Will we enter a recession, how long will it last, and how bad will it be? No one truly knows the answer to any of those questions, but we thought we would look at one of the favorite data points economists tend to look at in order to identify upcoming recessions, the Philadelphia Fed Business Outlook Index, and whether it has any predictive ability on stock returns.