Helping pave the way towards financial freedom
I thought of something helpful for people “quarantining” to do while spending time at home: review the beneficiary designations on their accounts! Admittedly updating beneficiaries on life insurance and financial accounts isn’t the most fun part of financial planning, but it could be one of the most important things you do! If you are thinking…
Presidential election years bring a lot of uncertainty and stress to people. Anyone not living under a rock can see it in social media, on TV, or just overhearing conversations in public. In fact, during the 2016 election cycle, one study found that at least 50% of Americans were more stressed out because of the…
Education beyond high school is a significant decision that undoubtedly has HUGE implications on the rest of a student’s life. Financial and otherwise. As parents, we should be doing what we can to guide our kids. At the same time, we want them to be involved and vested in the process. College is not for…
Most people know they need to save for retirement, but they don’t know what their “magic number” is. They may not know how much to save on an annual basis nor the duration of those savings. This is all very understandable, I suppose. Retirement expenses may vary depending on where you will be living and…
I am probably in the minority on this one, but I always chuckle at the idea of the “New Year’s resolution”. To each their own, but resolutions never appealed to me. I can honestly say that never once, in my lifetime – have I made one resolution. But we all know what everyone thinks, New…
Taxes are a hot topic these days. Various politicians are using their tax agenda to position themselves for the next Presidential election. We are learning about who pays them (almost half of Americans don’t pay a dime!), how should people be taxed going forward, and debating on what is a “fair system”. Paying tax is…
When it comes to assisting people with their finances, I work with a wide variety of people in a wide range of ages. Each one means alot to me, but I have to share a story about one of my favorites who recently passed away. She was both my oldest client (living well into her…
With 2020 on the horizon, this is the time of year when many companies open their “enrollment period” for their employees to change their benefit elections. Many of my clients are in this period right now, so lately I have been having a lot of these discussions. Of course, each employer varies on what types…
Football season is in full swing, and studies tell us that roughly 4 out of 10 people watch football on a regular basis. But how many of you see the parallels that the game of football has with your investing lives? If you think about it, football tells us a lot about life. Many aspects of…
Cash. The green stuff. It’s nice, and feels good having it in your pocket. But how much is too much? Before you say “I can never have too much cash”, I am referring to keeping cash as an asset. Or better yet, as an investment. So let me re-phrase the question: what is the percentage…