FAQ: My friend told me I should buy (fill in the blank) stock. He knows a guy who works there and says the stock is about to make a big move. What do you think? Answer: There is a an old saying on Wall Street, if you want a million dollars, all you need is […]
A Few Year End Financial Tips
2019 is quickly coming to an end. The coming months represent not just the last few weeks or the year, but of the decade. Here are a few financial tips to consider as we approach December 31st: Income Taxes – If you are paid irregularly, on 1099, or own your own business, you are required […]
Retirement FAQ: When Do People Normally Retire?
FAQ: When do people normally retire? Answer: We always approach this question with a bit of skepticism. Not because we don’t think the individual asking is serious, but because we believe the question they mean to ask is “When is it best for me to retire?” The truth is that retirement should be a personal […]
What is a Roth IRA Conversion and is it Right for Me?
There has been a lot of buzz around our office lately about Roth IRA conversions. It is a hot topic of conversation in the low income tax environment we are currently experiencing. This blog post will attempt to explain what a Roth conversion is and to give you some insight as to whether or not […]
Retirement Q&A – Do I Need an Attorney?
My situation seems fairly straightforward; do I need to hire an attorney to execute my will or can I use software and do it myself? Have you ever googled “Pinterest Fails?” There are thousands of examples of do-it-yourself projects gone bad, many of which can provide a good laugh. When you are dabbling in recipes […]
Retirement 101 Series – Lesson 3: Open a Roth IRA
Adam had just finished up his first month of work, and after enjoying a happy hour with his new colleagues, he came home and perused the pile of mail on the table. He smiled at the familiar handwriting on a greeting card and opened it eagerly to find a graduation card with a handwritten note […]
Retirement FAQ: Living Below Your Means
Q: What is the single most important thing an individual or couple can do to ensure they will be financially successful? A: Occasionally, this question does come up. It is an interesting one because it expects that using our knowledge and experience in the financial and retirement planning field, we can reduce all of that […]
When the Honeymoon is Over
When the Honeymoon is over… again: How to Transition into Retirement with your Spouse Shortly following my wedding, I attended a networking event where I saw several friends and colleagues for the first time since my recent nuptials. After being the subject of many well wishes and platitudes, a well-respected business woman, about 20 years […]
Celebrating (Financial) Independence
As Americans, we certainly value independence. Never is that more obvious than when we approach the 4th of July and celebrate the independence of our country. At the signing of the Declaration of Independence, John Adams wrote that it “will be celebrated, by succeeding Generations, as the great anniversary Festival” and that the celebration should […]
Retirement FAQ: The Cost of Investing
Q. I keep hearing that I should be keeping my investment costs low, but as far as I can tell, I don’t have any investment costs… How do I know if, and what, I’m being charged? A. You are not alone. Frequently, we meet with people who do not realize there are underlying costs to […]
