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
What Keeps You Up At Night Series. Have you ever looked at your bank balance and thought “where did it all go?” Today’s world of finance can have money move and exchange at a glance and if you are not watching it-it can go. Many of my clients through the years questioned where the money… Read More
Frequently in the financial industry, representatives will use the word transition to describe a client’s current life situation. However, what is a financial transition? What are life situations which we should be extra attentive to our financial well- being? A financial transition is any time a life occurrence will change the overall finances of the… Read More
By Bill Gordon, AIF® Are you worried that you may not have enough saved for retirement? If you’re 50 or older and don’t have as much as you would like in your retirement nest egg, you’re not alone. One study from Ohio State and the University of Alabama found that 27% of 55- to 60-year-olds in… Read More