Getting rich quick can be liberating, but it can also be frustrating. Sudden wealth can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or… Read More
The SECURE act was signed into law on December 20, 2019. There are some key provisions that may have an impact on your retirement strategy. Let’s focus on the provision of dealing with plan withdrawals for birth or adoption. OLD LAW – Generally, distributions from a qualified retirement plan, 403(b) plan, 457(b) plan, or IRA… Read More
New year, New you?!? Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns, year after year. If you sometimes succumb to these financial tendencies, now is as good a time as any to alter your behavior. Even though you can implement changes at any point in the year,… Read More
A major issue in estate planning is whom to name as beneficiaries on life insurance policies, pension plan accounts, IRAs, and annuities. This important decision often doesn’t consider the substantial estate and income tax consequences the beneficiary may incur. So, before you name a beneficiary, you may wish to gain a basic understanding of beneficiary… Read More
Growing up, I loved playing video games. One of my favorite games was the Galaga, developed and published by Namco. The game puts the player in control of a 2-dimensional spacecraft which is situated at the bottom of the screen fighting off the enemy aliens arriving in formation at the beginning of each level. Every… Read More
I have spoken about many things that may keep people up at night regarding their finances: making sure there is enough money, outpacing inflation so your money extends far enough. The financial concerns can seem endless. Putting savings on autopilot is a great way to know you are saving and preparing for emergencies and the… Read More
Creating a financial plan and sticking to it helps pave the road for the family’s future. It is analyzed and adjusted through the years to address changing needs as time moves ahead. What happens to everything when an unexpected loss occurs in the family? Is your family protected for the unexpected? When a family loses… Read More
Through my years assisting individuals with their finances, I have repeatedly faced the need to help women going through financial transition. There are many life experiences leading to these transitions. Divorce can be a very tumultuous time for someone; finances are only a part of the tremendous life changing ramifications. Dividing finances takes preparation. Seek… Read More
What keeps you up at night series. Finances keep many people up at night. As an advisor, the most common fear I hear expressed is – will I have enough money? Will I have enough money for retirement? Will I have enough money for my children’s college education? How do I know if I am… Read More
What keeps you up at night series. Did you ever look at your bank balance and wonder “where did it all go”? Am I saving enough for the future? What happens to my money? In today’s world of electronic banking, it is easy to lose track of where your money is going, how fast it… Read More