Blog
What you need to know about the secure act 2.0
The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act builds on the previously passed SECURE Act of 2019 and contains 92 new provisions promoting retirement savings, offering more retirement account flexibility and incentivizes businesses as it relates to offering retirement plans.
Don’t Buy the Rhetoric: Think Twice Before Making Investment Moves Ahead of the Election
Investors are asking if they should make changes ahead of the election, given the lingering pandemic, racial divide and a vacated supreme court seat. Rather than fall prey to a ‘sky is falling’ mentality based on who might win the election, let’s take step back and use history and data to guide our belief that you should remain committed to a long term, disciplined investment approach.
10 Considerations if You’re 10 years or Less from Retirement
It’s difficult to ‘unretire’. Before you turn in your resignation, here are some things you should consider.
How Much Should I Be Saving?
There are many factors involved in calculating how much you should be saving, but here’s a quick guide to help determine if you’re on track.
5 Signs You're Working with an 'Asset Gatherer', Not a Financial Planner
I’m going to let you in on a secret in the money management world. Most advisors’ income is solely dependent on the dollars inside the investment accounts under their watch, which means they are laser focused on growing their ‘assets under management’
You Could Build Your Own Financial Plan, But You Probably Won't
The fact is, most folks can’t or won’t find the time to dig in and really make sure they have their financial ducks in a row.
Monsanto Employees: Understanding your Stock and Options as the Bayer Merger Approaches
As we approach the Monsanto-Bayer merger, it’s important to understand what you have and what you can expect to happen with your stock, options and Restricted Stock. Without a finance degree, it can be difficult to decipher your holdings. You might be embarrassed to admit you don’t understand what you have. Trust me, you aren’t the only one. Let’s unpack what you have and things you should think about as the merger approaches.
A Penny Doubled or $1,000,000
Would you rather have $1,000,000 or the sum of a penny doubled every day for 30 days? If you did the math, you know that the magical penny is the correct answer and by a long shot. By the end of a month, you’d have $10,737,418.24.
Why You Shouldn’t Pay Off Your Mortgage Early
Whether or not to accelerate mortgage payoff is a question that crosses most homeowner’s mind at some point. It’s especially top of mind this time of year as you gather the documents to file your taxes and see how much you paid in interest last year on your mortgage. As I discussed this with a client recently, I thought it might be interesting to share my thoughts with you as well.
Should You Use a High Deductible Health Insurance Plan?
Switching to a high deductible health insurance plan can save you significant dollars in monthly premiums, but is the higher potential out of pocket worth the monthly savings?
5 Tips for Making the Most of Your 401k or 403b
A 401k or 403b is a fantastic place to begin building a nest egg, but making the most of the plan can be confusing.
Friends Don't Let Friends Buy Whole Life Insurance
When you graduated from college, do you remember when old 'friends' who had gotten jobs with insurance companies began trying to set up lunch to 'catch up' with you all of the sudden?
4 Financial Moves to Consider When You Change Jobs
Starting a new job can be a pivotal time in your life. Chances are you are getting to do something that better levers the skills and experiences you’ve built over your career. It’s also a time when you’re likely being rewarded financially for all that hard work. Consider these 4 tips to make sure you’re capitalizing on the momentum of your new role.
The 4 Biggest Financial Challenges Facing Young Doctors
As a physician, your sole focus in your twenties (and likely into your thirties) was learning your craft--undergrad, med school, internships, fellowships, post docs, etc. You’ve given up countless hours with your nose in books and days on end at the hospital to become a physician. Now that you’re an attending doctor (or close to it), you’re hoping that the hard work will pay off for you financially. Unfortunately, though, many physicians fall prey to traps that will hinder them from flourishing financially once their income finally rises.
Business Owners: Is Your Employees' Financial Health Harming Your Business?
Are your employees among those who are uneasy about their finances? Whether you like or not, they’re looking to you for help. Even if your workforce is highly educated they still might have little to no personal financial acumen. Here are 3 ways you can help your employees with financial wellness to make them happier people and in turn, better employees.