Cooper Financial Services, Inc.

Here’s some good news we can all get behind: Consumer Price Index data, released in July, showed cooling inflation, marking 12 months in a row 🎉

Swipe to see more details on CPI data, the labor market, and what to expect from the Federal Reserve moving forward ➡️

Are you noticing any changes in the pricing of items you have purchased lately? Let us know in the comments!

The dog days of summer are here, and soon enough fall will make its arrival! Our team is of two minds about the end of summer approaching. Where do you stand?

🌞 Team “five more weeks of summer”

🍂 Team “give me s’more of that fall weather already”

Share your vote by commenting 🌞 or 🍂 below!

Experience a big life change recently? If you have life insurance, you may no longer be adequately covered 🤔 Here are a few big changes that mean it’s time to review your policy:

✔️ You married or divorced.
✔️ You welcomed a child into your family.
✔️ You started a new job or a business.
✔️ You received a medical diagnosis that may require costly treatments.
✔️ You purchased a home.

If you’re not sure if an event qualifies as a significant life change, just ask – we’re happy to help.

In the meantime, share this post to spread the word!

Applying for student loans just got simpler…hopefully 🤞📚💰

Due to the passing of the FAFSA Simplification Act, some major changes are coming to the Free Application for Federal Student Aid (FAFSA) this year.

As you may know, FAFSA is the form that college students must complete to apply for federal financial aid and, in the past, has been known for being extremely convoluted.

Swipe through for an overview of a few of the changes coming this year ➡️ And speaking of college, what’s the best piece of advice you received regarding higher education?

Drop it in the comments for the future college students in our network! 👇

Fill in the blank: “I love summer because _____.”

For us, it’s those long sunny days out by any kind of water ☀️🌊 What about you? Tell us your answer in the comments 💬

May 29th may seem like any ordinary day - but it’s far from it! 🤩

529 plans are tax-advantaged savings plans designed to help families save for future education expenses! There are two types:

💰 Prepaid tuition plans allow you to lock in today's tuition rates for future use.
💰 Education savings plans let you invest money that can be used for qualified education expenses like tuition, books, and room and board.

Both types of plans offer tax advantages, making them a smart way to save for your child's future education.

Have questions? Drop them in the comments!

When you think of spring cleaning, you probably think of your home 🏠 but the spring is also a great time to do a clean sweep of your household finances!

Here are four ways you can do just that:

🧹 Revisit your budget. Take a look at your monthly budget and adjust it based on your spending so far this year.
🧹 Declutter your subscriptions. Search through your account registers to identify unwanted recurring charges you’ve missed. Apps like Rocket Money or Hiatus can help!
🧹 Shred old financial documents. The IRS recommends keeping at least 3 years of tax returns. Have some older than that? Shred away!
🧹 Review your insurance and plan for changes in coverage. Such changes could include adding a driver, selling a house, or purchasing a new policy.

Hope these tips help! Feel free to share this timely reminder with your network, and reach out if any questions “spring” up 🌸

Setting the Record Straight on Mortgage Pricing: A Statement from FHFA Director Sandra L. Thompson | Federal Housing Finance Agency This annual report describes FHFA's accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.

Do you really understand how your homeowners insurance works?

Understanding Homeowner’s Insurance Purchasing homeowners insurance is critical for protecting your home.

How much of your estate will Uncle Sam inherit? Estimate your potential estate tax liability.

What's My Potential Estate Tax? This calculator helps estimate your federal estate tax liability.

Tax deferral can have a dramatic affect on the growth of an investment. Know what's at stake.

Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.

Three steps may make a difference if you find yourself suddenly single.

Suddenly Single: 3 Steps to Take Now Have you found yourself suddenly single? Here are 3 steps to take right now.

Want to test your life insurance knowledge? Take our quiz and find out where you rank.

Test Your Life Insurance Knowledge How much do you know about one of the most important tools you have to help protect your and your family’s financial future?

Is your retirement portfolio subject to “sequence of returns” danger?

Retirement Income and the Traditional Portfolio Experiencing negative returns early in retirement can potentially undermine the sustainability of your assets.

How much can I put in? Contributing to a retirement plan makes sound financial sense; know the rules.

Contributing to an IRA? Determine if you are eligible to contribute to a traditional or Roth IRA.

Is it possible to avoid a loss? Not entirely, but you can take steps to manage risk. Learn more here.

Risk Perspective Is it possible to avoid loss? Not entirely, but you can attempt to manage risk.

Mortgage lenders consider many personal factors when deciding whether you can afford a home.

How Much Home Can I Afford? With a few simple inputs you can estimate how much of a mortgage you may be able to obtain.

Assets minus liabilities = net worth. When was the last time you calculated yours?

What Is My Current Net Worth? Use this calculator to estimate your net worth by adding up your assets and subtracting your liabilities.

Saving for college doesn’t have to be as complicated as college itself.

Saving for College 101 Here’s a crash course on saving for college.

If you’re 65 or older, you may need to enroll in Medicare. We’ll help you sort through the basics to determine if you qualify. Read more here:

Medicare At 65+ 65 or older? It may be time to enroll in Medicare. Read to learn if you’re eligible.

Have a kid heading off to college? Here are a few tips.

A Cheat Sheet for Sending Your Kid to College Dropping off your son or daughter is loaded with emotions; here are a few tips for a smoother experience.

The earlier you start pursuing financial goals, the better your outcome may be. Let this piece help you get started.

Saving Early & Letting Time Work For You The earlier you start pursuing financial goals, the better your outcome may be.

Surprises crop up every day, and they’re a great reason to work with us.

Surprises Making the most of surprises is a great reason to work with us.

It can be difficult sometimes to think about the future during times like these. But if you did, how would you retire in a post-pandemic world?

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Was it worth it? How long before your gas savings makes up for the cost of that new hybrid?

Interested in a Fuel Efficient Car? Estimate how many months it may take to recover the out-of-pocket costs when buying a more efficient vehicle.

Low car lease payments look great, but do you really save money in the end?

Should I Buy or Lease an Auto? This calculator compares the financial impact of leasing versus buying an automobile.

Some firms create a “sources and uses of funds” statement to evaluate operations. What does yours say?

What Is My Current Cash Flow? Assess whether you are running “in the black” or “in the red” each month.

College, kids and costs.

Getting a Head Start on College Savings A few strategies that may help you prepare for the cost of higher education.

Saving early could prove very helpful down the road. Share this piece with your family and consider your choices.

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Compound interest can dramatically impact the future growth of your assets. Learn more.

How Compound Interest Works Use this calculator to better see the potential impact of compound interest on an asset.

The savings rate is the government’s estimate of how much U.S. households are saving.

U.S. Personal Savings Rate What can be learned from the savings rate?

Building a personal may be the highest order of altruism. It can begin with four simple steps.

Building Your Legacy A four-step framework for building a personal legacy.

Some simple, inexpensive energy-saving tips that may help you save money.

A Penny Saved is Two Pennies Earned Here are some simple and inexpensive energy-saving tips that may help you save money.

Medicare Advantage—Medicare Part C—is coverage from a private health insurance plan. Learn about the differences between Medicare Advantage and Original Medicare coverage here:

Medicare Advantage Plans (Medicare Part C) Medicare Part C allows you to choose a Medicare Advantage plan. This article will help you decide if it's right for you.

Cooper Financial Services, Inc. updated their phone number.

Does the 4% rule still work? The answer lies in your goals, time horizon and risk tolerance.

Retiring the 4% Rule A portfolio created with your long-term objectives in mind is crucial as you pursue your dream retirement.

Before retiring early, take a look at the cold, hard facts.

How to Retire Early Retiring early sounds like a dream come true, but it’s important to take a look at the cold, hard facts.

Chris Rock once remarked, “You don’t pay taxes – they take taxes.” That applies not only to income, but also to capital gains.

A Taxing Story: Capital Gains and Losses Understanding how capital gains are taxed may help you refine your investment strategies.