Byrer Wealth Management, LLC

08/28/2026

Umbrella insurance is a simple concept with serious strategic value: it helps protect your assets and income when a liability claim goes beyond the limits on your auto or homeowners policy.

Here’s the risk: one significant accident, an injury on your property, or a lawsuit tied to everyday life can create costs that exceed standard coverage. When that happens, the gap may be covered by your savings, investments, or future earnings.

Umbrella coverage is designed to add an extra layer of liability protection on top of existing policies—so your financial plan isn’t forced to absorb an insurance-sized problem.

Action step: review your current liability limits, major assets, and exposure (new drivers, rental property, frequent entertaining, etc.). If you’d like, we can coordinate with your insurance professional to confirm your coverage aligns with your broader plan.

08/27/2026

Retirement planning isn’t just about building assets—it’s about building income you can rely on.

Why consider strategies that may provide more predictable retirement income?
• Fund “must-pay” costs first (housing, utilities, insurance, healthcare)
• Reduce the pressure to sell investments when markets are down
• Plan for longevity, a surviving spouse, and legacy goals
• Improve decision-making: when essentials are funded, the rest of the portfolio can stay long-term focused

A strong approach often blends multiple tools—Social Security timing, pensions, cash reserves, and (when appropriate) solutions with contractual income features.

Important: Guarantees are based on product terms and the claims-paying ability of the issuing insurer. All investing involves risk, and no plan can eliminate uncertainty.

If you’re within ~5–10 years of retirement, let’s stress-test your income plan. 🧭

08/26/2026

Are your assets accessible and structured to support health, mobility or cognitive issues? Waiting until care is needed can force decisions you might regret.

08/25/2026

Some high-earning couples may currently receive $100,000 or more per year in Social Security benefits, based on lifetime earnings and when benefits begin.

A new policy proposal suggests capping those benefits—potentially limiting annual payments to $100,000 for couples and $50,000 for individuals—as one way to address long-term funding challenges.

The idea is one of several being discussed as policymakers consider how to support the program’s future. Current projections indicate that Social Security trust funds may face shortfalls in the coming decade.

It’s important to note that this is not a finalized change, but part of a broader conversation around how to balance sustainability, benefits, and contributions over time.

As discussions continue, proposals like this highlight the range of approaches being considered to address the program’s long-term outlook.


Source:

High-earning couples who consistently pay the maximum into Social Security during their careers stand to get the biggest benefits in retirement.

07/23/2026

Trump Accounts launched on July 4. Here's what you need to know.

07/20/2026

Long-term care insurance helps pay the cost of long-term care if you can no longer perform the basic activities of daily living.

06/19/2026

The Pension Protection Act of 2006 first allowed taxpayers age 70½ or older to make tax-free charitable donations directly from their IRAs. Technically, these taxpayers were allowed to exclude from gross income otherwise taxable distributions from their IRA ("qualified charitable distributions," or...

06/16/2026

Congratulations to the Byrer Wealth Management, LLC Noblesville Babe Ruth 16-18u team lead by Head Coach Andy Canady! 15-3 regular season champions and tonight finished first in the conference championship. Well done boys!

06/10/2026

Here's a brief introduction to what Bitcoin is, how it works, and some of the potential pitfalls it presents.

05/22/2026

Here is a list of tasks that may need to be completed upon the death of a family member.