Happy Thursday! Here is your WealthKeel Weekly, or what we like to call "news you can use!"
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​What we read this week:

​What Happens If Insurance Runs Out? A Brief Guide to Umbrella Insurance ☂️​
​Umbrella insurance is essentially extra liability coverage that sits on top of your existing policies, such as home and auto insurance, and protects you if those limits are exceeded. If you are involved in a serious accident or lawsuit where damages go beyond what your primary insurance covers, an umbrella policy helps pay the remaining costs, preventing you from having to use your personal savings or assets. It can also cover certain types of claims that standard policies often exclude, such as libel, slander, or invasion of privacy, and may include legal defense costs even if the case does not result in a payout.

This type of insurance becomes particularly important as income and net worth grow, since higher‑earning individuals are more likely to face larger liability risks or be targeted in lawsuits. It provides a relatively low‑cost way to protect accumulated assets, future earnings, and lifestyle from rare but potentially catastrophic events. However, it does not replace professional liability coverage and typically excludes intentional acts and business‑related claims, making it best as an added layer of protection rather than a standalone solution.

Source: community.asahq.org
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​5 Things 50 First-Time Millionaires Wish They’d Known Before They Retired ✍️​
​Many first‑time millionaires say their biggest retirement lesson is that building wealth alone isn’t enough —you also need to plan how you’ll use it and live with it. While they achieved financial success through steady saving, investing, and discipline, many wish they had focused earlier on the non‑financial side of retirement, like purpose, time use, and lifestyle design. A recurring theme is realizing too late that retirement isn’t just about having enough money; it’s about having a clear sense of how you’ll spend your time and what will give you meaning once work no longer structures your life.

Financially, many also regret not optimizing earlier for long‑term growth and flexibility. Common themes include wishing they had invested more aggressively or earlier, better understood taxes and withdrawal strategies, and planned more intentionally for healthcare and longevity costs. At the same time, some recognized they could have balanced life better along the way —spending more on experiences, relationships, and health instead of deferring everything for “someday.” The overall takeaway is that successful retirement planning is holistic—it combines smart financial decisions with intentional choices about time, purpose, and quality of life.

Source: Kiplinger.com
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​The 5 Healthiest Drinks To Sip (Beyond Water), According To Experts 🫖​
​While water is essential, experts highlight several other drinks that can hydrate the body while providing additional health benefits. Black coffee stands out as one of the healthiest options when consumed plain, thanks to its high levels of bioactive compounds linked to reduced inflammation, better blood sugar control, and a lower risk of chronic diseases. Research also shows moderate intake may support heart health, cognitive function, and longevity. Tea, whether green, black, or oolong, is another strong choice, offering polyphenols that support cardiovascular health and digestion, along with a combination of caffeine and L‑theanine that enhances focus while promoting calm, sustained energy.

Other beneficial drinks include kefir and bone broth, which provide nutritional support beyond hydration. Kefir is rich in probiotics that help promote a healthy gut microbiome, while bone broth contains amino acids and minerals that may support joint health and recovery. The broader takeaway is that hydration doesn’t have to rely solely on water—choosing minimally processed drinks with functional nutrients can support overall health, as long as they are low in added sugars and consumed in moderation.

Source: mindbodygreen.com
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🧩 The WealthKeel Wordle! Click here → WK Wordle to play. The clue this week is: “Try to keep these to a minimum.”
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A random note or thought for the week:

Where does the time go?

This is the last week of school for Ryker and Xzander. Next Thursday marks the official end of 2nd grade for Ryker and Kindergarten for X. 😭

I love summers with the boys home. There’s something special about those slow summer mornings—no frantic rush to get out the door, sneaking in some backyard play before I head to the office, and that perfect view from my office window as they run around laughing. I look forward to it every year.

We’ve got a few good trips planned, some hockey camps on the calendar, and plenty of memories ready to be made. I know these summers won’t last forever, which is exactly why I want to cherish every single one.

Wishing all of you the same kind of simple, joyful moments with your families as the school year comes to a close.

It’s been a bit of a reality check after last week’s record-setting fireworks. The major indexes have pulled back modestly this week thus far amid rising Treasury yields, lingering inflation worries tied to the Iran conflict’s oil shock, and some profit-taking in tech. But let’s keep perspective—markets remain near highs after a strong run, and the Dow showed some resilience early on. And as of Wednesday morning, markets are getting a little pop to start the day.

Key Index Performance (as of Tuesday close, May 19):

• Dow Jones Industrial Average: Mixed bag. Up +0.32% Monday to close around 49,686, but down ~0.6% Tuesday to ~49,364. It’s holding near the 50,000 level it flirted with recently, but showing some caution.
• S&P 500: Slipped -0.07% Monday (~7,403) and another -0.67% Tuesday to ~7,354. Still well above 7,000 and up solidly YTD (~8% range), but off its recent peaks around 7,500.
• Nasdaq Composite: Took the brunt early, down -0.51% Monday (~26,091) and -0.8% Tuesday (~25,871). Tech weakness weighed heavy, though the index remains up over 12% YTD.

Broader Context: This follows strong gains last week and a powerhouse April. Volatility picked up with the 10-year Treasury yield hitting highs not seen in over a year (pushing toward multi-year levels), and the 30-year even higher—signals of inflation repricing. Oil eased somewhat on truce/peace talk headlines, but remains elevated from the conflict.

What’s Driving the Action?

• Inflation & Yields: April CPI came in hotter (3.8% y/y), fueled by energy jumps from the Iran situation. This has cooled rate-cut hopes and pressured bonds/stocks.
• Geopolitics: Ongoing Iran developments (talks, potential delays in strikes) keep oil and uncertainty in play, though markets have shown resilience.
• Sector Notes: Energy had pockets of strength; tech faced selling. Broader rotation and profit-taking are evident.

The fundamentals (corporate earnings resilience, AI tailwinds) haven’t vanished, but higher-for-longer yields and energy volatility remind us to stay diversified and focused on long-term plans. We’ll keep a close eye on Fed minutes, more data, and any Iran headlines mid-week. Here’s to a strong finish to the week and beyond!
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Have a wonderful rest of your week, and an awesome and safe Memorial Day weekend! 🙌 Whether you’re gathering with family, honoring those who made the ultimate sacrifice, or simply soaking in the start of summer, we hope it’s filled with meaning, gratitude, and good moments. ❤️
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Have a great day,
Your WealthKeel Team
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​Disclosures​