Wealth Articles

  • Michigan Mid-Year Financial Checklist: 7 Things to Review Before December

    July 15, 2026

    It’s July — six months left to make smart financial moves before year-end. Here’s the 7-item mid-year financial planning checklist Andrew reviews with Michigan clients every summer, including a real client story that might surprise you.

  • Is Pension Income Taxable in Michigan in 2026? Here’s What Changed

    July 7, 2026

    Michigan fully phased out pension income tax in 2026. Here’s what the new exemption limits mean for your retirement income plan — and the one IRA rule that still catches early retirees off guard.

  • Retirement Planning for Michigan Automotive Professionals: What You Need to Know

    June 30, 2026

    A significant number of our clients at Redwood Wealth work in Michigan’s automotive industry — engineers, executives, managers, and skilled professionals at companies like Stellantis, Ford, GM, BorgWarner, and the supplier network that runs throughout Oakland County. And almost every one of them comes to us with the same challenge:“I’m not sure if I’m on…

  • 5 Questions to Ask a Financial Advisor in Michigan Before You Hire Them

    June 24, 2026

    Before you hire a financial advisor in Michigan, you need to ask the right questions. Here are the five that cut through the noise — and what the answers should sound like.

  • The Tax Freight Train Most Retirees Never See Coming (And How to Stop It)

    June 11, 2026

    Most diligent savers don’t realize their 401(k) is quietly building a tax problem. Here’s how a Roth Conversion strategy saved one Michigan couple $650K+.

  • How a Career Change Can Completely Shift Your Financial Plan

    June 5, 2026

    When a financial plan needs to be updated, even small life changes can have a big impact. This real client story shows how a career change affected long-term planning—and the smart adjustments that helped keep financial goals on track.

  • What Is an Independent Fiduciary Financial Advisor (and Why It Matters in Michigan)

    May 28, 2026

    If you’ve been searching for an independent fiduciary financial advisor in Michigan, you’ve probably come across the word fiduciary more than once. Every advisor seems to mention it. Some put it front and center. Others tuck it into the fine print. But what does it actually mean? And more importantly — does your advisor truly…

  • The Best Retirement Income Planning Firms in Michigan — And What Sets Them Apart

    May 19, 2026

    If you’ve been searching for help with retirement income planning in Michigan, you’ve probably noticed the landscape is crowded. National wirehouses, regional banks, insurance-focused advisors, and independent firms all claim to specialize in retirement.But here’s what most of them won’t say upfront: not all retirement income planning is the same. And in Michigan specifically, the…

  • How to Find the Best Financial Advisor in Auburn Hills, MI

    May 12, 2026

    If you’ve started searching for a financial advisor in Auburn Hills, you’ve probably already noticed how many options there are — from big national names like Merrill Lynch and JP Morgan to smaller independent firms right here in Oakland County.  So how do you actually find the right one?  The truth is, the best financial advisor in Auburn Hills isn’t necessarily the biggest or…

  • Do I Need a Financial Advisor? Signs You’re Ready for One

    April 9, 2026

    Making smart financial decisions can feel overwhelming — especially when you’re balancing a career, family, homeownership, and long‑term goals like retirement or college planning. Many people wonder “Do I really need a financial advisor?”  If you’ve been asking yourself this lately, chances are the answer may be yes.  At Redwood Wealth Management, we specialize in helping Michigan families create clear, confident…