Helping pave the way towards financial freedom
My post today was inspired by some recent conversations with clients about using an appropriate time horizon for their retirement plan. With financial planning, we often have to input certain data assumptions into a software program. Amongst the assumptions are the expected age my clients will live. This not an easy discussion to have, and…
Whew… What a month this has been. What a year this has been! I feel like I’ve got many more gray hairs than I did in September. How about you? How are you feeling? I have done a decent job managing the amount of media content I absorb in 2020. I used to be addicted…
Let’s talk about climate change. The wildfires, hurricanes, and floods we’ve seen in 2020 (on top of an already-awful global pandemic) make this an important conversation to have. We all know what “weather” is. It’s what we feel outside, day to day. Climate is defined as the “usual weather” of a place. So “climate change”…
Since 1997 I have been helping people with their money. Thousands of conversations later, with people from all walks of life, I think I’ve seen every possible mistake made. Don’t get me wrong. We all make mistakes. But as the old saying goes, “Only a fool keeps making the same one”. Humans by nature are…
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…
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…
When we need to make big financial decisions in life, most people look for a source of expertise and guidance to help make the best-educated decisions. This is often times where professional advisors, like myself, are called in to play. The situations vary greatly of course, as does the type and quantity of the advice…
Finance is a male-dominated industry. According to Cerulli research, only 16% of financial advisors in the US are female. There have been initiatives to change this but currently, this is fact. It’s no wonder then, that women may feel out of place when they walk into a financial planner’s office. Plus the topic of money…
It is always exciting to know that we are going to be bringing a new member into the family. The joy and excitement that come with the knowledge of a new pregnancy never fail to get us jumping off their couch to start choosing the paint colors for the new-born’s nursery. I should know, I…
Many people reading this may be fortunate enough to have a retirement account established for them through their employer. But for small business owners, like myself, we have to create our own ways to save for retirement. I am always surprised to see that many small businesses don’t fully evaluate their options, and if anything,…