Blog
Posted February 10, 2020
How to keep from paying the IRS than is necessary Congress recently passed the most sweeping legislation in the last 15 years for retirement. The SECURE act brings lots of benefits and numerous challenges for investors and retirees that require proactive planning. There are three major parts to the SECURE Act: 401k’s, annuities in 401k’s, […]
Posted January 10, 2020
What you don’t know can hurt you As I mentioned in a previous post, the financial services industry can be complex, and it can be hard to understand what type of financial “advisor” you might be talking with. One area that has become particularly bastardized is the term fee-based. As the fee-only financial planning and […]
Posted January 7, 2020
It’s not too late to unwind it if you were Life insurance is an essential tool for financial planning. By purchasing the right amount of life insurance, a client can financially protect their family in the event of premature death and ensure the family’s financial stability. This is the primary purpose of life insurance, just […]
Posted December 13, 2019
Complexity is not your friend Choosing the right investments to get you through your retirement years successfully can be an overwhelming experience. There are stocks, bonds, mutual funds, ETFs, CDs, money market funds, deferred annuities (fixed, indexed, and variable), immediate annuities, life insurance, real estate, and I’m sure a couple more that I forget about. […]
Posted November 22, 2019
Don’t leave it up to the State to decide your legacy It’s startling to me how often I come across people who don’t have a will and do not understand how important it is to do proper estate planning. There’s a belief that their spouse will inherit everything if they die, so why do they […]
Posted November 8, 2019
Business owners have a unique situation Financial planning and wealth management for business owners are much different from those for the typical W2 employee. The business is typically the most valuable asset in the family’s portfolio and, by its very nature, is a highly concentrated asset. This poses a major risk for the business owner […]
Posted October 30, 2019
Stop chasing past performance If your employer offers a 401k plan, you have undoubtedly been confronted with picking different investment options available in the plan. A frequent question I get when talking to people is how they should invest in their 401k plan? This is an important question that can either help or hurt your […]
Posted September 26, 2019
Understanding this can help understand conflicts of interest The financial services landscape today is extremely complex. With many different financial companies offering services to individuals, it is hard for consumers to know what kind of financial professional they are dealing with. You might not know that is many companies’ intention. At the highest level, there […]