All About Medicare

    Fort Pitt’s Financial Advisor, Brad Newman, CFP®, hosts Medicare Benefits Consultant Scott Dardick to discuss what to know about Medicare. The presentation will cover: An overview of Medicare basics The differences between Medigap supplement and Advantage plans How Part A and Part B work in terms of coverage How prescriptions or[...] Continue reading

How to Save for College and Retirement

The future is right around the corner, and with it will come various new expenses to manage. As you advance in your career and build your net worth, you'll see retirement on the horizon. Sooner yet, you'll send your children off to college. Retirement and college tuition payments are important to include in your budget. A financial strategy that sets aside money is needed[...] Continue reading

How to Calculate Your Net Worth

Calculating net worth is essential for businesses and individuals. It's how you determine your monetary value, considering your assets and liabilities. Fort Pitt Capital Group helps families and business owners manage their finances to grow their net worth. In this article, we'll cover net worth, how to calculate it, and why knowing your net worth is important. You can[...] Continue reading

What to Do When You’ve Inherited Wealth

Inheriting often causes a mixture of emotions because you've lost a loved one and received a parting gift. Beyond feelings, there are several intricacies surrounding inheritance, including paying taxes in certain situations, deciding what to do with what you inherited and honoring the memory of a loved one. Making these decisions can be particularly challenging during[...] Continue reading

How to Plan for Medical Expenses in Retirement

Saving for retirement involves building a fund to cover your housing, food, transportation, and medical expenses. Recent recommendations suggest putting aside at least 20% of your salary and planning to stick to savings withdrawals of less than 4%. Still, your nest egg may not cover your most significant expense — health care. A typical 65-year-old retired couple[...] Continue reading