Annuities are a very popular retirement tool. Since they are contracts with an insurance company, they can sometimes be complicated. Here are 8 Tips to Find the Right Annuity.
When you reach a certain age, you are likely to get invitations to hear about LIFETIME INCOME plans that include a nice dinner and a sales pitch for a product, usually an annuity. The products often sound really great. And for many people, the idea of having SOME of their retirement money guaranteed not to go down, is very appealing.Read Full Article
Archives for January 2017
Is Your Farm Family Equipped for the Future?
Estate planning is one part of a farm families finances that often gets overlooked. In fact, research has shown that approximately 60% of American farmers do not have an estate plan in place. Not taking the proper steps in planning for your farm could become financially devastating for your surviving family down the road. At Dunncreek Advisors, we’re here to help you with your estate plan documents to ensure that you at least have the basics in place should something unforeseen happen to you down the road.Read Full Article
Planning Financially for College
It seems like college tuition continues to rise year after year. For those of you that have toddlers currently, who knows what a year’s tuition will be for your children when they reach college. While you can’t control tuition, you can control your financial preparation. The sooner you begin planning for college, the better it will be financially down the road. At Dunncreek Advisors, we have a passion for helping families prepare for the financial aspects around sending your children to college.Read Full Article
Fee-only financial planning
Are you looking for someone to manage your money, but not sure where to start? Sure, you would assume that any financial advisor would do, but unfortunately that is not always the case. It’s important to keep a keen eye on the fee structure of any financial advisor that you choose. At Dunncreek Advisors we …
Regularly Reviewing Rules Around Your Homestead
Depending on the state that your farm resides, there may be legislation in place that could help your homestead property financially. For instance, in the state of Minnesota, a special law provides an estate tax exemption for agricultural homestead property. Without the assistance of a financial advisor, you may completely miss this way for your …