You’ve painted a picture in your head of what your life would be like if you accomplished a certain financial goal, haven’t you? You keep saying, “If I could just [fill in the blank] then things will be different.” You’ve seen other people do it and you know it’s possible. But how confident are you that you have the best plan to get you there? Before wasting any more time or effort, you need
Last week, I called a long-time client to ask how he was feeling considering it was the first day of his retirement after working 42 years. He was obviously overwhelmed with excitement! I’ve made this call dozens of times over my career and it’s always exhilarating to share in the joy that comes when my clients enter the retirement phase of life. It’s no wonder the number one question I’m
Starting fresh is always a great feeling, but the scale of what we set out to accomplish at the beginning of the year sometimes becomes overwhelming as the months go by. The question is, how can you stay motivated to meet your financial goals throughout the year?Financial tips for every monthFor many people, checking off items on a long list of to-dos brings a great sense of satisfaction. To help
Many Americans go to work every day feeling confident that they are adequately insured. In many instances, that is not the case. It is not uncommon for employers to offer life and disability insurance as components of an employee benefit package, but the coverage may not be enough to meet your needs.
There isn’t a morning I wake up that I don’t think about the responsibility on my shoulders that comes with managing over $200 million of my clients’ money. Whenever I sit through a new presentation from an investment manager or hear the latest and greatest ideas from industry professionals, I ask myself, “Will implementing this idea add value to my client’s situations or is it just noise that
If you are considering taking a loan from your retirement plan to bridge a financial gap, pause for a minute. This is a major decision that should not be made lightly, as there are consequences that could affect your ability to fund your future retirement. Here are six things you need to be aware of before you borrow from your 401(k) savings.
You may have heard it called "green investing," or "values-based investing," but what do those terms mean? What is socially responsible investing? According to The Forum for Sustainable and Responsible Investment, sustainable, responsible, and impact investing (also called "SRI" or "socially responsible investing") is "an investment discipline that considers environmental, social, and
If $1,000 fell into your lap tomorrow, how would you spend it? Would you tackle a home decorating project, upgrade your wardrobe, fix that nagging car maintenance issue, take a vacation, sign your kids up for summer camp, or put it in your savings account for a rainy day? If you’re like me, there are always a gazillion things I want – some are practical, some make no financial sense at all.
Even though summer is right around the corner, now is good time to think about your family's future education plans. Do you want to help your child pay for college? Do you want cover all expenses or only pay for tuition? Do you know how much college really costs? Here's a look at some of the numbers: