GoBankingRates recently published an eye-opening article highlighting eight mistakes that even well-prepared retirees can make, especially surprising ones like underestimating healthcare costs or failing to adjust withdrawal strategies as circumstances change. Wealthcare’s Managing Partner, Michael Boggiano, is quoted several times sharing his real-world observations. He notes that some retirees “underestimate the financial impact of significant healthcare costs … Some of these out-of-pocket expenses can add up to hundreds of thousands of dollars over the course…

Wealthcare’s educational platform, AskWealthcare, was featured in a recent article from Fuchs Financial titled “Retirement Planning Guide for Nurses in Connecticut.” The guide offers in-depth strategies for nurses navigating pension plans, 403(b) and 401(k) accounts, and Social Security benefits. In the piece, AskWealthcare is quoted on a foundational aspect of retirement planning: “The first step for a nurse in retirement planning is determining how much they will need. This can be done by estimating living…

In a recent AOL article, Michael Boggiano, Managing Partner at Wealthcare, shares his practical take on turning a stimulus check into a financial opportunity. Rather than viewing it as “free money,” Boggiano suggests a smart allocation using the familiar 50/30/20 budgeting framework. He advises readers to dedicate roughly half of the check to essential expenses like rent and bills, allocate 30% toward strengthening their financial foundation through saving or retirement, and reserve the remaining 20%…

In a GOBankingRates article titled “The Best Budgeting Method for a Stimulus Check, According to Experts,” Wealthcare’s Michael Boggiano lays out a smart three-part approach using the 50/30/20 rule. He explains: 50% of the stimulus check should cover essential expenses like rent, utilities, groceries, or bills. 30% should go toward building financial stability—whether that’s boosting an emergency fund or investing in retirement. 20% is for discretionary or “joy” spending, such as treating yourself or supporting…

In a MSN feature originally published by GOBankingRates, Michael Boggiano of Wealthcare shares practical advice on how to handle a stimulus check with purpose. Rather than viewing it as “extra” money, Boggiano encourages individuals to think strategically about how those funds can improve their financial picture. He recommends dividing the check between essentials, long-term goals like savings or retirement, and a portion for discretionary spending. Boggiano also reminds readers that this isn’t a rigid formula;…

As part of a career development resource for students and young professionals, Augsburg University shared The Muse’s comprehensive guide to 401(k) plans, featuring insights from Michael Boggiano, Managing Partner at Wealthcare. The article covers what 401(k)s are, how they work, and how to manage them effectively. Boggiano provides clarity on how investors can log in to review and adjust allocations and encourages a long-term mindset when markets fluctuate. His guidance helps newer investors understand what…