BrioWealth

For over 25 years, BrioWealth has guided families in planning for what matters most.

Our passion drives us to create personalized strategies, empowering our clients to confidently navigate retirement & life's transitions with “brio” (ease & vitality).

09/30/2025

Have you visited our office yet?
If not, here's a glimpse! Our clients rave 🎉about the full menu of snack treats 🍿 and candy🍬. See you there soon!

06/06/2025

It’s the unofficial kick-off to summer 2025 🏖️, and our clients have been sharing their exciting travel plans with us! We’d love to hear about your upcoming ventures too! ☀️🌴🍹
And when you go…don’t forget to use your BrioWealth luggage tags! 🧳

05/13/2025

Find out more

03/30/2025

The Social Security Administration (SSA)provides personalized Social Security Statements to help Americans age 18 andolder better understand the benefits that Social Security offers.

03/11/2025

Market volatility is part of the investing process. More than 7 times a year investors should expect pullbacks of 3 percent and, at least once a year (since 1928), investors should be prepared for a 10 percent correction. When viewed from a historical perspective, recent market activity isn't as abnormal as one might think.

03/07/2025

As the U.S. economy begins to cool from its post-pandemic surge, consumer spending remains resilient, particularly among higher-income earners, while slower growth and easing inflation pressure could pave the way for Federal Reserve rate cuts. Despite tariff concerns and potential retaliation, stron...

02/08/2025

5 Financial Misconceptions About Retirement

Planning for retirement is often seen as a straightforward task, but misconceptions can undermine even the best intentions. These myths, if left unchecked, can result in financial shortfalls or a less enjoyable retirement. Let’s explore five common misconceptions and how to avoid them.

1. “I’ll Spend Less in Retirement”

Many people believe their expenses will decrease dramatically in retirement. While some costs, like commuting or dry cleaning may drop, other expenses often rise. Travel, leisure activities, and healthcare can significantly increase your spending. Healthcare alone can be a major factor — with rising medical costs and potential long-term care needs, many retirees find they spend more than expected. It’s essential to create a retirement budget that accounts for these possibilities.

2. “Social Security Will Be Enough”

Relying solely on Social Security is a risky strategy. While Social Security provides a safety net, it was never designed to replace your entire income. The average monthly benefit might cover basic needs but won’t support a comfortable lifestyle, especially with inflation eroding purchasing power over time. Supplementing Social Security with savings, investments, or other income sources is crucial to maintaining your desired standard of living.

3. “I Can Work as Long as I Want”

Some people plan to delay retirement by continuing to work. While this can boost savings and delay withdrawals, it’s not always within your control. Health issues, caregiving responsibilities, or layoffs can force early retirement. Unfortunately, many retirees leave the workforce earlier than planned. A smart approach is to plan for both your ideal retirement age and the possibility of retiring sooner.

4. “A Conservative Portfolio Is Best”

As retirement approaches, it’s natural to want to protect your savings by reducing risk. However, going too conservative too early can be detrimental. With longer life expectancies, many retirees need their money to last 20-30 years or more. Investing too conservatively might not keep up with inflation, diminishing your purchasing power over time. A balanced approach that blends growth and stability often works best.

5. “I Don’t Need a Retirement Plan Yet”

Procrastination is one of the biggest retirement planning pitfalls. Many believe they can start saving later and still catch up. However, the power of compounding works best over long periods. Starting early allows your investments to grow exponentially, even with smaller contributions. The earlier you start, the more flexibility you’ll have in adapting to life’s changes.

Retirement planning is about more than just saving money — it’s about understanding your future needs and being prepared for the unexpected. By addressing these misconceptions, you can create a more resilient and fulfilling retirement plan. Start early, stay flexible, and approach retirement with realistic expectations.

02/04/2025

Do you know your IRA Contribution Deadlines?

⚫ You have until April 15, 2025, to make a 2024 IRA contribution.

⚫ Once you reach age 73, you must begin taking RMDs from a traditional IRA in most circumstances. Withdrawals from traditional IRAs are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty.

⚫ To qualify for the tax-free and penalty-free withdrawal of earnings, Roth IRA distributions must meet a 5-year holding requirement and occur after age 59½. Tax-free and penalty-free withdrawals can also be taken under certain other circumstances, such as the owner's death. The original Roth IRA owner is not required to take minimum annual withdrawals.

, ,

01/31/2025

Today, we celebrate the birthday of one of our cherished BrioWealth founders, Rex Athan. In his honor, we are delighted to share some memorable photos from the 2023 dedication ceremony of the “Rex A. Athan Conference Room.”

At our Costa Mesa office, Rex’s wife, Karen, his daughter and co-founder, Julie, her husband, Rich, along with many longtime clients, gathered to commemorate Rex's enduring legacy with his clients, family, and friends. The event was filled with heartfelt speeches, corny jokes, treasured memories, and an overwhelming sense of gratitude for the profound impact Rex had on our BrioWealth community and beyond. 👑🌟🥂🏆❤️

01/25/2025

2024 was another year that continued to defy expectations. Will it last throughout 2025?
weighs in.
Link for full report, including deep analysis: go.lpl.com/outlook2025

Address

949 South Coast Drive, Suite 402
Costa Mesa, CA
92626

Telephone

+19499426100

Website

http://www.briowealth.com/

Alerts

Be the first to know and let us send you an email when BrioWealth posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.