Michael Aloi - CFP

10/26/2026

So rates have increased and now you may be wondering - How can you take advantage of higher interest rates? Higher rates sting borrowers, but they can be a real win for savers.

Today we are seeing higher yields across many different investment products. As rates rise, banks may increase the yields they offer on savings products to attract deposits. And yet the average U.S. savings account still pays just 0.64% annual percentage yield as of September 2026. Please make sure your money is working hard for you.

Certificates of deposit, or CDs, can offer even higher rates, but the tradeoff is access and taxes: your money is locked in for a set term, and pulling it out early usually costs a penalty and the interest is taxable as ordinary income. There are other options.

While higher yields don’t erase the effects of inflation, and they won’t necessarily transform household finances, every little bit helps. Now is an opportune time for a yield check-up on your portfolio. If interested please let me know.


Source:

The Federal Reserve recently raised interest rates for the first time since 2023.

10/23/2026

Here's something fun. The Big Mac Index turns forty this year. Forty years old and still fun to explain at parties. Check out what this classic burger can tell us about the purchasing power of our dollar.

10/22/2026

Please enjoy our Year-End Planning Checklist!

10/22/2026

Third Quarter 2026 Investment Newsletter

10/15/2026

October 15 is National Health Savings Account Day!
Here's a tip: I encourage my clients to max out their HSA and try not to use it for medical expenses, but rather save it for retirement to be used for health care expenses in retirement. Tax deductible contributions, tax-deferred earnings, and tax-free withdraws for qualified medical expenses make the HSA a powerful financial planning tool.
Need more insights like this? Email me at [email protected] and let's start the conversation.

10/12/2026

Columbus Day falls on the second Monday of October. Just a reminder that banks and government offices close for the day.

10/07/2026

October is Breast Cancer Awareness Month.

We take this time to honor the strength of those who have faced a diagnosis, support those currently going through it, and recognize the families and communities who stand beside them.

Awareness matters. Support matters. Presence matters.

We stand with you.

09/25/2026

09/25/2026

September 25 is Dolly Parton Day, and well deserved.

Dolly Parton’s legacy reaches far beyond music. She gave millions to causes ranging from disaster relief and medical research to education and children’s literacy. Her Imagination Library alone has distributed more than 330 million books to children across five countries.

After devastating Tennessee wildfires in 2016, her My People Fund provided displaced families with $1,000 a month for six months, no strings attached. She also donated $1 million toward COVID-19 vaccine research and supported schools, scholarships, pediatric care, and communities close to home.

Her example is a meaningful reminder that generosity doesn’t have to follow one formula. It starts with deciding what matters to you and finding a way to make an impact.

And that I think is an important part to a well thought out financial plan - creating a legacy, giving back, turning capital gains into charitable gains.

To learn more, please email me at [email protected]


Source: https://apnews.com/article/dolly-parton-philanthropy-country-music-obituary-6c10fced8ebea114cebbad1851e95d4c

09/25/2026

September is Life Insurance Awareness Month. In my Kiplinger article, I outline how whole life insurance, when properly structured, can become a valuable component of a broader financial plan, supporting risk management, tax-efficient planning, and long-term family wealth preservation. Learn more: teamaloi.com