For most Americans, their 401k savings program at work is their single largest retirement asset. According to a recent report from Transamerica, “Thirty-nine percent [of baby boomers] expect their primary source of retirement income to be self-funded from accounts such as 401(k)s, 403(b)s, and IRAs or other savings.” The Pension Rights Center estimates that a full 65 percent …
financial planner
Hate thinking about money? Here’s why it’s still important.
From time to time, I hear people say something like, “Thinking about financial goals gives me a bellyache. Why would I pay somebody to talk about them?” If that’s how you feel, you’re not alone. Most Americans experience some level of anxiety, insecurity or fear about financial issues, according to the Northwestern Mutual 2018 Planning …
Hate thinking about money? Here’s why it’s still important.Read More
What You Should Know About Your Life Savings
Lately, I’ve been hearing some confusion on the part of folks I’ve been talking to about their financial goals. For example, a person said to me, “I’m not sure I want to save money into my IRA this year because I think the stock market will fall soon and I don’t want to lose my …
Happy Holidays
I’m reminded today of the movie It’s a Wonderful Life. I think we have all seen the movie. It’s a story about George Bailey, who resides in the fictional town of Bedford Falls and runs the family business, the Building and Loan. Early in the film George expresses a desire to pursue his fortune outside …
What can you expect in the first meeting with your financial planner?
Your first meeting with your new financial planner is an important event. This is the person you’re trusting to advise you on matters that will materially affect your life and the lives of your family members for years to come. A productive first meeting is important to starting the relationship off right. Here are some …
What can you expect in the first meeting with your financial planner?Read More
What is an Independent Financial Planner?
When you visit a Ford dealership and look at cars, do you ever expect the new car advisor to suggest that a Toyota might better meet your needs? No. Everybody knows that the “advisors” at a car dealership work for the dealer and are trying to help you buy one of the cars the dealer …