What are some suggestions at various stages of life?
20-30s: Enroll in your company's retirement plan and start small but add funds consistently. Look to start a separate Roth IRA with funds. Pay off student ...(more)
1. Plan: Retirement is a wonderful experience but nerve wracking. You cannot just turn off the work switch after a 40 or 50 year work history - it doesn't work financially or psychologically. You must create a smooth ...(more)
1. Compensation: commission or fee based means they might sell you products that only meet suitability (ie: in the ballpark) requirements. Fee only means not just in the ballpark but the best seat for your needs ...(more)
Q: What is the difference, if any, between my stock broker and other financial advisors out there? A: This is a common question that leaves many people throwing their hands up in confusion. The truth is that there are ...(more)
Life Stage Financial Challenges for Couples
“If you can find a path with no obstacles, it probably doesn’t lead anywhere” Frank A. Clark
Objective: To discuss and share issues and strategies that can help ...(more)
1. How are you compensated? This means who pays you - do I pay you directly or do you get paid by the company whose products you sell? If you sell me products, what are all of my choices and why do you suggest only ...(more)
1. Review your overall asset allocation for your non-retirement and your retirement assets. The end of 2011 was a very good time to be in the stock market but the odds are increasingly showing a bit more risk versus ...(more)
1. Review your overall asset allocation for your non-retirement and your retirement assets. The end of 2011 was a very good time to be in the stock market but the odds are increasingly showing a bit more risk versus ...(more)
There is virtually no benefit to maintaining multiple accounts of identical titling for the sake of diversification. For most, life and investing will be better served by consolidating accounts to the greatest degree ...(more)
The reason permanent life insurance products seem expensive is because they are. A few years ago, I purchased a new $1 million 20-year term life insurance policy with a premium of under $500 per year. I knew ...(more)
Ryan Fox of the Financial Consulate describes age 65 as an ‘artificial retirement date’ because “retiring at age 65 was established when the social security program began, during a period of time when folks didn’t ...(more)
The Parent Trap: A Road Map For Parents With Minor Children
If you are the parent of minor children, you are part of the demographic most in need of comprehensive financial planning. Unfortunately, you are also ...(more)
1. Working with Financial Services people and not knowing they do not have to work in your best interest. Easiest way to fix this is to ask any financial services person if they will sign a fiduciary obligation ...(more)
