Financial Planning

Trump Accounts: What to Know Before Opening One

Even if you do not have children at home, it is worth understanding Trump Accounts regardless of your political views. For better or worse, they are likely to become part of the planning landscape, especially for parents, grandparents, future grandparents, or anyone who expects to help a child under 18 build a financial foundation. […]

Women, Wealth, and the Power of Strategic Planning

As we celebrate Women’s History Month, 2025 research shows women aren’t just participating in the economy, they’re reshaping it. According to a recent CFP Board research report, women now control a growing share of financial assets with approximately 69% serving as the primary financial decision-makers in their households, underscoring their expanding influence on wealth and the broader economy. [...]

Love Your Partner’s Money Script

Every couple brings two financial histories into a relationship, whether they realize it or not. These histories shape what financial psychologist Brad Klontz, one of the leading researchers on how people think and feel about money, calls money scripts: deeply held and often unconscious beliefs about money that grow out of childhood experiences, family dynamics, culture, and major financial events. [...]

State of the Firm

State of the Firm Despite some national chaos at the beginning of the year, 2025 was another successful year for Redwood Grove Wealth Management LLC. We are grateful to our clients, family, and friends for their ongoing trust. […]

Medicare Could Get Messy This Year

Medicare Could Get Messy This Year Medicare open enrollment could be more complicated than usual this year. Significant premium increases are expected in Part D drug plans, and many Advantage plans may be canceled. That means people on both original Medicare and Advantage plans should review their options carefully. […]

Big Changes to Student Loans — Is Your Family Ready?

Big Changes to Student Loans After several years of paused payments, temporary relief, and forgiveness announcements, the federal student loan system is finally settling into a new structure. The recently passed One Big Beautiful Bill Act (OBBBA) brings sweeping and permanent changes to how families borrow and repay college loans. While some updates may benefit [...]

Long-Term Thinking in a Short-Term World

When the Noise Gets Loud It seems like every day brings a fresh wave of chaotic news out of Washington, warnings of financial collapse, and rising geopolitical tension. The world can feel like it is coming apart. With so much uncertainty in the air, it is only natural to wonder whether adjustments should be made [...]