Pratt Wealth Management

Pratt Wealth Management Pratt Wealth Management provides comprehensive financial planning and personalized investment management services to individuals, families, and businesses.

Wondering about 529 plan contribution limits? Whether you’re starting early or adding to your savings, understanding the...
10/02/2026

Wondering about 529 plan contribution limits? Whether you’re starting early or adding to your savings, understanding the rules is key. Learn about contribution limits and how to make the most of your college savings plan: https://bit.ly/4cMUTNG

Each state sets 529 college savings plan contribution limits, which range from $235,000 to slightly more than $600,000. How does your state rank?

Aging in place—living independently in your own home as you get older—offers freedom but comes with unique financial cha...
09/30/2026

Aging in place—living independently in your own home as you get older—offers freedom but comes with unique financial challenges. From home updates to care expenses, get tips on how to budget for a comfortable and sustainable future: https://tinyurl.com/45pr87vp

Discover the true cost of aging in place, from home modifications and maintenance to in-home care. Learn how to plan and budget for the future.

Think there's a magic retirement number? Think again. Retirement planning depends on your lifestyle, income sources, hea...
09/29/2026

Think there's a magic retirement number? Think again. Retirement planning depends on your lifestyle, income sources, healthcare needs, and more. Discover the myths that could be affecting your plan: https://bit.ly/4uD4Cyj

Retirement is the ultimate financial goal many people plan for, yet it is surrounded by confusion and misinformation. Advice passed down from previous generations does not always match today’s reality. Many Americans are uncertain of how much they truly need to save before they quit their day job....

Have you heard the term “gray divorce?” It refers to the increasing rate of divorce after age 50. Find out why the finan...
09/25/2026

Have you heard the term “gray divorce?” It refers to the increasing rate of divorce after age 50. Find out why the financial risk is higher for women under these circumstances, and how you can protect yourself: https://bit.ly/49azPgJ

Americans age 50 and older are divorcing at much higher rates, and women are financially vulnerable.

Talking about death is tough, but knowing what happens to a mortgage can protect your loved ones.-Mortgages don’t disapp...
09/24/2026

Talking about death is tough, but knowing what happens to a mortgage can protect your loved ones.

-Mortgages don’t disappear when someone dies; payments must continue
-Family can assume payments thanks to federal protections
-A clear estate plan avoids delays and disputes

Learn what steps to take now: https://bit.ly/fgkerluiTu

There are multiple possible outcomes when someone with a mortgage dies. Learn what to take care of before passing, and the steps if your loved one has already died.

Growing older without a spouse or children doesn’t mean aging unprepared. “Solo agers” are planning their next chapter w...
09/23/2026

Growing older without a spouse or children doesn’t mean aging unprepared. “Solo agers” are planning their next chapter with intention:

🧭 Make a plan early: Decide where you want to live, how you’ll spend your time, and what kind of support you may need down the road.

🛡️ Line up future support: Have a plan for care if your health changes so you’re not forced into last-minute decisions.

🤝 Stay connected on purpose: Choose a lifestyle that makes it easy to build friendships, stay active, and feel part of a community.

Learn how more older adults are turning independence into a plan, not a problem: https://bit.ly/417NfbF

A growing number of adults are entering their next chapter without a partner or children to rely on.

Americans think they need $1.46 million to retire comfortably, but the median savings for those nearly there is just $18...
09/17/2026

Americans think they need $1.46 million to retire comfortably, but the median savings for those nearly there is just $185,000. Find out what factors are widening the gap between aspiration and reality, and what it means for your own plan: https://bit.ly/3PPszmo

Most people fall far short of the savings they say they will need to maintain their standard of living in retirement, data shows.

Want to pass on your wealth seamlessly to loved ones? A living trust could be the answer because it lets you keep contro...
09/16/2026

Want to pass on your wealth seamlessly to loved ones? A living trust could be the answer because it lets you keep control of assets during your lifetime and helps your heirs avoid the probate process after you die. See if it’s right for your situation: https://bit.ly/4aOuRqJ

A living trust is a great estate-planning tool for some people. Here's how to know if it's right for you.

Want a triple-tax-advantaged way to save for future healthcare needs? Health Savings Accounts (HSAs) let you contribute ...
09/14/2026

Want a triple-tax-advantaged way to save for future healthcare needs? Health Savings Accounts (HSAs) let you contribute pre-tax dollars, invest them tax-free, and make tax-free withdrawals for medical expenses—even in retirement. Learn how: https://bit.ly/3ZD7SMX

Health savings accounts could be the most underutilized wealth-building tool out there. Here’s who should use them and how to maximize their benefits.

Address

1651 Commerce Drive
North Mankato, MN
56003

Opening Hours

Monday 8am - 4:30pm
Tuesday 8am - 4:30pm
Wednesday 8am - 4:30pm
Thursday 8am - 4:30pm
Friday 8am - 4:30pm

Website

Alerts

Be the first to know and let us send you an email when Pratt Wealth Management posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category