Bill Gordon, AIF® As we near the end of the year there are going to be some opportunities to make sure you get your finances in order. It’s important to check off your annual financial to-do list. There are a few other money moves to be aware of as we come to a close on … Continue reading More Year-End Money Moves
Sunwook Jin, CFP®, CRPC®, CMFC®, EA What financial, business, or life priorities do you need to address for the upcoming year? Now is an excellent time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to managing your taxes. Full disclosure, you can take … Continue reading Annual Financial To-Do List
Bill Gordon, AIF® Over the past few months, some clients have approached me regarding the need for a power of attorney so I thought I would take a few moments to cover the topic. As always, if you have questions reach out to us. The point of the POA. A power of attorney (POA) is … Continue reading The Need for Power of Attorney
Sunwook Jin, CFP®, CRPC®, CMFC®, EA Are you having a tough time keeping track of inflation's mixed signals? You’re not alone. Inflation has been a constant talking point this year and it can make us uncomfortable. As written by a colleague, inflation can be a scary word. Consumer prices in July climbed at their fastest … Continue reading Mixed Signals on Inflation
Sunwook Jin, CFP®, CRPC®, CMFC®, EA You probably read this headline and immediately thought to yourself, “I have always been told to contribute to my 401k.” You wouldn’t be wrong; you have heard that a lot. In fact, we tell our clients that frequently. However, like any “blanket statement” you hear, it’s important to drill … Continue reading When Should I NOT Contribute to my 401k?
Sunwook Jin, CFP®, CRPC®, CMFC®, EA Summer jobs are a perennial aspect of the American workforce. It’s a time when teenagers are filling out applications and, in many cases, earning wages of their own for the first time. But some of what we’ve become accustomed to may be changing. In May, leading into the summer … Continue reading Teenage Wage-Land
Sunwook Jin, CFP®, CRPC®, CMFC®, EA With July officially behind us, it’s time to face the facts: we’re in the second half of 2021. While there’s still plenty of time to enjoy the rest of summer, we encourage you to slow down and check up on your financial well-being. If you haven’t conducted your mid-year … Continue reading Late on Your Mid-Year Financial Checkup?
Bill Gordon, AIF® The real rate of return is an important personal finance concept to understand. It’s the rate of return on your investments after inflation. The real rate of return indicates whether you are gaining or losing purchasing power with your money. So with inflation checking in at a 5% annual rate, does that … Continue reading Inflation and the Real Rate of Return
Sunwook Jin, CFP®, CRPC®, CMFC®, EA Inflation is defined as the general upward price movement of goods and services in an economy. The keyword is “general.” Inflation tends to be uneven and affects the price of some items more than others. If you’ve been in the market for a used car, you’ve learned a critical … Continue reading Economic Lessons from Used Car Inflation
Sunwook Jin, CFP®, CRPC®, CMFC®, EA Recently, you may have seen headlines regarding the Securing a Strong Retirement Act, also referred to as the second version of the SECURE Act, or SECURE Act 2.0. As the bill moves from the House of Representatives to the Senate, many hopeful investors are anticipating further retirement support as … Continue reading Are You Ready for the Second Act of the S.E.C.U.R.E. Act?