Retirement

When it comes to retirement planning, there are more options than ever. Online tools, national firms, and automated platforms all promise convenience and efficiency. However, for many individuals and families, working with a local advisor who understands their community, lifestyle, and goals still holds incredible value. At Mundt & Associates in St. Charles, MN, Justin […]

If you are mulling over in your mind your list of tangible assets, savings accounts, and creating your will, you may be trying to determine that trifecta question of how to be able to keep what you have in your name, have access to income, but still leave something as a legacy to your heirs.

Retirement planning looks different when you are self-employed. Without access to employer-sponsored benefits like pensions or 401(k) matching, freelancers, consultants, and small business owners often need to take a more hands-on approach to building their future. For individuals in and around St. Charles, MN, Justin Mundt at Mundt & Associates works with self-employed professionals to

Market downturns are a natural part of investing, but for those approaching or already in retirement, they can feel especially impactful. Watching account balances fluctuate can create uncertainty, particularly when those savings are meant to support your income for years to come. At Mundt & Associates in St. Charles, MN, Justin Mundt has worked with

Because it’s tax time, our clients have been asking questions about how taxpayers ages 65 and older can make the most of the temporary $6,000 senior tax deduction that is in effect for tax years 2025 through 2028. This is an unusual situation, because a deduction is available to both those who itemize and those

Retirement planning is often viewed as a numbers conversation. Savings, income, investments, and timelines tend to take center stage. But for many individuals and couples, the more challenging part is not the math. It is the conversation. Talking about retirement goals with a spouse or family member can bring up different expectations, priorities, and even

It is not surprising that people tend to compare their financial situation during retirement to others, because money is highly visible in life: through homes, cars, travel, and lifestyle. So it becomes an easy benchmark for perceived success. However, not only do these comparisons rarely reveal the full picture of someone’s debts, obligations, goals, or

For many people, retirement planning is something they intend to get around to “soon.” Between careers, family responsibilities, and day-to-day life, it can feel easy to push financial planning further down the to-do list. However, delaying retirement planning can incur real costs, some of which may not become obvious until adjusting course is much harder.

One of the most common concerns people have when approaching retirement is simple but serious: What if my money doesn’t last as long as I do? This concern is known as longevity risk, and it has become increasingly important as life expectancy continues to increase. Many retirees today may spend 25 to 30 years in

Owning a small business offers independence, flexibility, and the opportunity to build something meaningful. But when retirement approaches, business owners often face a more complex set of decisions than traditional employees. For small business owners near St. Charles, MN, retirement planning is not just about savings accounts or Social Security. It is about creating a