Your 2019 Social Security Benefit Guide

Your 2019 Social Security Benefit Guide

Retirement may sound like something that is way off in the distance for you. It may seem even incomprehensible to think about at your current stage in life. While these are common thoughts and feelings for many people, we hope that this article explains why it is so critical to start planning for retirement today. Below you will find several tips about important aspects of retirement planning.

Life Stages Planning: Divorce

Life Stages Planning: Divorce

Divorce is not something that anyone hopes for or expects to be a part of their story. Because of that, planning for divorce is not a reality, nor should it be. However, when divorce is a certainty in anyone’s situation and it is clear that your states can no longer be united, preparation and preparedness can help keep things civil.

Life Stages Planning: Marriage

Life Stages Planning: Marriage

Getting married is a very significant life event, where two individuals (oftentimes with very different backgrounds and experiences) come together to start a new life. When it comes to financial planning, marriage is a critical life stage, where it is important to take the time to make sure that your new household is fully aligned regarding your finances and long-term goals. While we know that marriage is built on a foundation of love, it is also essential to start your marriage off right when communicating about money, planning for your future, and creating life and financial goals together. Below are some pieces of advice for anyone that is in (or around) the life stage of marriage.

What Should You Do During A Stock Market Decline

What Should You Do During A Stock Market Decline

The markets took a big dip early this week, reacting to fears of potential trade wars and an economic slowdown. After the Dow lost nearly 800 points, investors are understandably nervous. If you are worried about your retirement accounts, you’re not alone. But during stock market volatility, it’s important to keep a level head to avoid financial mistakes.

Did You Know We're Partnered With The XYPN, NAPFA, And The Fee-Only Network

Did You Know We're Partnered With The XYPN, NAPFA, And The Fee-Only Network

With all of our terminology and acronyms in the world of finance, sometimes consumers can feel as if they are being spoken to in a foreign language. The confusion that results can lead to mistakes and regret, especially in the area of advisor compensation. Whether it’s fee-based, fee-only, or commission-based, the type of compensation model an advisor uses can make a huge difference in the kind of advice you receive and the type of relationship you are able to build with your advisor.

Your Parenthood Financial Checklist

Adding a child to your family is arguably one of the most momentous milestones in life. After months of preparation, a little one arrives and stirs up overwhelming emotions and a great sense of responsibility. But even if you had everything organized and prepared to bring your baby into your life and your home, there are some practical steps that you need to take now that your family has grown. From hospital bills to education, a child can cost half a million dollars, so your financial strategy needs to change to keep up!

What We Do And How We Can Help

What We Do And How We Can Help

If there’s one thing we know for certain in life, it’s that change is inevitable. And while we recognize that we will walk through different phases and reach multiple milestones, we often don’t realize the financial impact they can have on our lives. Many aspects of life are outside of our control, but one thing you can control is how prepared you are for life’s biggest moments.

Why I Became A Financial Advisor

Why I Became A Financial Advisor

It all started with witnessing the effect the dot-com market crash of the late 90s had on my parents. I saw the financial regrets they carried and wanted to break into the financial services industry to help other families avoid similar problems.

Ask An Advisor Series - Housing

Ask An Advisor Series - Housing

Given what's at stake with buying and selling a house, today's Q&A article is certainly worth the read. Here is a quick preview of the topics that we will be diving into:

  • Are we in a housing bubble?

  • Why are home prices soaring?

  • When is it better to choose a higher interest mortgage with no PMI versus a lower interest rate mortgage that includes PMI?

  • What are the tax consequences of selling a primary residence at a gain?

Ask An Advisor Series - Retirement and Investments

Ask An Advisor Series - Retirement and Investments

Should I rollover my 403(b) into a 401(k) or IRA? How can I buy oil as an investment? Which is the most tax-friendly account to distribute from? Should I use lifecycle funds or choose my own investments within my company's retirement plan? I recently inherited some annuities, is there a way to put a "floor under the market" to protect against a downturn in the stock market? 

How to Leverage Tax Reform Savings into More Wealth

How to Leverage Tax Reform Savings into More Wealth

As the April 17 tax filing has come and gone, one thing on the mind of many taxpayers now that they have caught their breath, is how much more or less their tax liability will be as a result of the Tax Cuts Jobs Act (TCJA) -- also know as the new tax law enacted by the Trump administration. According to Howard Gleckman of the Tax Policy Center, about 80% of taxpayers will see a reduction in their tax liability, but about 5% will notice an increase in what they owe.

Physician's Guide to Public Service Loan Forgiveness (PSLF)

Physician's Guide to Public Service Loan Forgiveness (PSLF)

Most physicians prefer to get right to the point and don't care for all the fluff. They expect a short, concise explanation. After all, they are busy people so time is of the essence. With that in mind, I created a 5-page powerpoint style guide that explains how Public Service Loan Forgiveness (PSLF) works.

Ask An Advisor Series - Individual Retirement Accounts (IRA)

Ask An Advisor Series - Individual Retirement Accounts (IRA)

How does a Roth IRA grow over time? Think of the Roth IRA itself as a shield around your money that provides tax-deferred growth and then when you go to retire you can take out all of the growth and contributions tax-free. The avoidance of tax is not available had you just invested with after-tax dollars and did not own a Roth IRA. 

How Financial Planning is Similar to Football

How Financial Planning is Similar to Football

A successful football team like a successful financial plan requires a high level of synergy across the board from several different components. In football, a significant amount of coordination from all levels of the organization helps drive the collective group towards working to achieve their end goal -- championships.

How much value does a financial planner add?

How much value does a financial planner add?

Look I get it, Americans are busy people, especially if you are raising a family or knee deep in your career. Quick answers have become the expectation. The problem is financial planning is very circumstantial and therefore a good answer to the value question must be adjusted to the person asking it. Rather than manufacture a blanketed response, the following is a detailed guide to the quatifiable value of financial advice.

Student Debt Repayment Guide

Student Debt Repayment Guide

Learn a step-by-step process to select the most appropriate repayment plan for your Federal student loans. For more visual learners or those who prefer to read picture books, you will appreciate the illustrative format.

4 Bone Chilling Student Loans Mistakes to Avoid

4 Bone Chilling Student Loans Mistakes to Avoid

Having helped several clients overcome their own set of student loan problems, I decided the best way to get in front of the issue is to make more borrowers (and their parents) aware of what pitfalls they should be avoiding. Today's blog article will kick-off by examining the 4 most common student loan mistakes and what you can to do to avoid those landmines. Then, I present 2 case studies to show you how the numbers crunch out.