J.S. Thompson Financial

Average Time Americans Spent Saving for a Home Down Payment in 2025 Revealed It took the typical American seven years to save for the median down payment for a house, down from the peak a few years ago but still above pre-pandemic levels.

New retirement limits are out! Also big changes for higher income earners over 50 explained in this article.

Here Are the New 401(k) and IRA Contribution Limits for 2026 Retirement investors can sock away more next year, as the Internal Revenue Service has boosted the limits on contributions to 401(k) and individual retirement accounts to factor in inflation.

There are estimates of over $100 trillion in assets being transferred from the Baby Boomer generation by 2048.
Along with estate planning, tax implications, etc. it's good to have a plan for all of the stuff your parents and grandparents have.
Estate sale companies can help clean, sort, and appraise loved one's belongings to ease the load off.

Boomers Are Passing Down Fortunes — And Way, Way Too Much Stuff As the $90 trillion Great Wealth Transfer begins, millennials and Gen X aren’t just inheriting money. They’re being buried under an avalanche of baseball cards, fine china and collections of all sorts.

It's a lot more prevalent than you'd think that we find retirement accounts clients completely forgot they set up.
A person stays at a job for 3.9 years on average. Extrapolate that over 40 years of work, that can be a lot of work retirement accounts to keep up with.
If you're reading this thinking you have long-lost money somewhere out there, it might be a good time to look.

$2 Trillion in Forgotten 401(k)s Proves It's Possible To Forget Your Money Over $2 trillion in assets is sitting in forgotten or left-behind 401(k) retirement accounts from employees who leave their jobs and leave their retirement savings behind.

Tips and lessons from the Tom Brady of finance.

Warren Buffett Turned 95. 10 of His Biggest Investing Lessons. Berkshire Hathaway’s CEO is marking a milestone. These takeaways from his long career are worth considering.

There have been some changes to the rules around student loans. Further more, if you are eligible for Public Service Loan Forgiveness, it may be worth taking a look at where you're at and make sure any of the changes hasn't affected your status.

A Guide to Student Loan Repayment Federal student loans have been upended by litigation and legislation. Here’s what you need to know to repay your loans, avoid tax bombs and more.

AI can be a great tool, but don't let it replace your critical thinking! Here's an interesting MIT study on your brain using ChatGPT.

Is ChatGPT Making Us Stupid? Just-released research studies are helping us understand what’s going on when we allow ChatGPT to think for us. Without guardrails, generative AI could in fact dull our thinking.

Health is wealth, share it with your kids!

Want a Better Relationship With Your Teen Children? Exercise With Them. The gym is a place where we’re all challenged and humbled, where we all have something to give and something to learn.

Great news for America! Unfortunately this does not include statistics for educators. In 2020, NTSA found that the average educator saves roughly 6.9% of their income in 403(b) plans, quite a bit lower than the 10-15% recommendation.

How can we all improve? Take some time a couple times a year to keep up with how your portfolio and contributions are looking... I'll also shamelessly plug talking to a trusted professional makes a difference.

Americans Are Finally Saving Almost What They’re Supposed to for Retirement Workers are putting away a record share of their income for retirement. 401(k) savings rates are just a shade below the commonly recommended 15% of income.

Summer and holidays are when people tend to spend the most money. Imagine that?
The more you budget, the longer you can proverbially ball. Keep these tips in mind when planning your trips this summer.

Gas Prices and Flights Are Cheaper Now. How to Save on Summer Travel. Taking a summer vacation is one of life's greatest joys, but paying for it definitely isn't. If you're among the many Americans trying to keep a lid on spending over worries about the economy, it may come as a relief that travel costs are largely flat and in some cases even lower than last year.