Welcome to our Web site, where you’ll find a wealth of information in the form of articles, calculators and research reports.
This website has been developed to help you understand the opportunities and rewards that are available when you take a proactive approach to your personal finances. The use of this Web site will give you a better understanding of the financial concepts behind insurance, investing, retirement, estate planning, and wealth preservation. In collaboration with a skilled professional you can move toward reaching the full potential of your financial goals.
The Troy Michael Financial Group is here to educate you about the basic concepts of financial management and to help you learn more about who we are. We look forward to you taking advantage of this resource and visit often. We frequently update our information. So give us the opportunity to do the work for you and be your source for new developments in personal finance.
Newsletters
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SECURE 2.0 Makes It Easier to Give and Receive
The SECURE 2.0 Act modified the rules for qualified charitable distributions to allow funding a charitable gift annuity or charitable remainder trust from an IRA.
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The Federal Reserve’s Key Meeting Dates in 2024
This article outlines the Federal Reserve’s three main objectives and provides the meeting schedule of the Federal Open Market Committee.
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Time to Bulk Up Your Emergency Fund
A financial crisis can strike when least expected, so it’s important to have a sufficient emergency fund. This article offers some suggestions to help increase a fund before it’s needed.
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Understanding Life Insurance
Life insurance can help replace much-needed income after the death of a provider. With the wide variety of policies available, it’s important to understand the basic types of coverage.
Calculators
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Savings Accumulation
Estimate the future value of your current savings.
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Savings Goals
How much do you need to save each year to meet your long-term financial goals?
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Impact of Inflation
Estimate the future cost of an item based on today’s prices and the rate of inflation you expect.
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IRA Eligibility
Use this calculator to determine whether you qualify for the different types of IRAs.