Life Events
Life Events

Key Events That Impact Your Financial Future

Are You Financially Prepared for Life’s Biggest Milestones?

Part of our life event financial planning approach is to provide timely informative content to our clients tailored to the different life events they will confront throughout their lifetime. This timely, informative material covers the following three subject matter areas:


  • 15 Milestones that Matter – There are fifteen regulated milestone ages from coming of age through retirement where we automatically send meaningful content to you upon attainment.
  • Life Events – Important life events is our second area of focus. These are events such as the birth of your child or selling a home and dozens more. We are proud to be able to offer you timely, helpful information that we hope will help to guide you through any of these events when they occur.
  • Children and Wealth – Our third important focus is helping you to instill financial literacy into the hearts and minds of your children (the next generation). We offer to send biennially age-appropriate financial education information to you to discuss with your children to include us if you wish from ages 4 through 18.
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15 Milestones That Matter

  • Birth (0)

    Official start of life, eligibility for Social Security number, and potential for financial planning through custodial accounts.

  • Working Age (14)

     Minimum age for many jobs, allowing for early financial literacy and savings strategies, including custodial Roth IRAs.

  • Driving Age (15-17)

    Eligibility for a driver's license, introducing the need for auto insurance and financial responsibility education.

  • Age of Majority (18-21)

    Legal adulthood brings full financial independence, access to credit, and eligibility for personal investment accounts.

  • Healthcare (26)

    The end of dependent healthcare coverage, requiring young adults to secure their own health insurance or employer-sponsored plans.

Coming of age: Advising the next Generation
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Retirement related: Optimizing Outcomes

  • Catch-Up Contributions (50)

    Eligibility to contribute extra funds to 401(k) and IRA accounts, boosting retirement savings for those 50 and older.


  • Early Withdrawals & HSA Catch-Up (55)

    Ability to take penalty-free withdrawals from certain retirement accounts (such as 401(k) if separated from service) and make additional HSA contributions.

  • Retirement Withdrawals (59.5)

    The first age at which withdrawals from traditional retirement accounts (IRA, 401(k)) can be made without a 10% early withdrawal penalty.

  • Social Security Widows (60)

    Widows and widowers can begin claiming Social Security survivor benefits, though delaying may result in higher payouts.

  • Social Security Earliest (62)

    The earliest age to claim Social Security benefits, but with reduced monthly payments compared to waiting.

  • Medicare Eligibility (65)

    Medicare enrollment begins, covering health insurance for retirees and ensuring continued healthcare access.

  • Social Security Full Retirement Age (66-67)

    The full retirement age (FRA) varies by birth year, allowing individuals to claim full Social Security benefits without reductions.

  • Social Security Latest (70)

    The latest age to claim Social Security to receive maximum benefits, as payments do not increase beyond this point.

  • Qualified Charitable Deduction (70.5)

    Age when individuals can donate directly from their IRA to charities, reducing taxable income while meeting philanthropic goals.

  • Required Minimum Distributions (73)

    Mandatory withdrawals from traditional retirement accounts (IRA, 401(k)) begin, ensuring deferred taxes are paid.

Navigating Life’s Financial Milestones—For You and Future Generations

Life is full of financial decisions, from the moment we start earning to planning for retirement and beyond. Understanding how to navigate key life events—such as buying a home, switching jobs, or managing an inheritance—can make all the difference in your financial well-being and teaching children about money from an early age sets them up for a lifetime of smart financial habits.


Explore our latest blog posts covering major life transitions and financial education for children to help you and your family build financial confidence at every stage.

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Life Events

From your first job to retirement, major financial events shape your future. Covering everything from saving for a child’s education and buying a home to planning for long-term care and leaving a legacy. No matter where you are in life, we provide strategies to help you make informed financial decisions that support your goals.

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Children & Wealth

Financial literacy starts early. Offering practical insights for parents to teach kids about money, saving, investing, and financial responsibility at every stage of childhood and adolescence. With age-appropriate lessons delivered every two years, we help you build a solid financial foundation for the next generation.

Let’s Plan for Your Life’s Biggest Moments—Together.

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