A solid financial plan is one of the most important things you can offer yourself and your family.

US Treasuries: a very short history

The history of US Treasuries is fascinating and if you position the story right, it could make you that extra sale once in a while. US Treasuries go back to this country’s independence. The Revolutionary War was fought against Great Britain by the colonies as a united front but funded and manned by each individual state.

By |2019-04-08T10:33:48+00:00April 8th, 2019|Financial Planning|

What is the color of your money — Red or Green?

Has a financial professional ever asked you what the color of your money is? Many investors are unfamiliar with this terminology. Most individuals have not heard of this because their financial advisers are more interested in discussing the specifics of a certain product rather than how you will benefit from that product. What I see is that focusing on product versus color can have a negative impact on your retirement.

By |2019-03-06T00:11:46+00:00March 27th, 2019|Annuities, Financial Planning|

Rich Get Richer, Poor Get Poorer – What about the Middle Class?

In September 2013 a UC Berkeley study found that the wealthiest 1% of Americans saw their income grow by 31.4% between 2009 and 2012. Also it was discovered that income inequality in the United States was the highest since before the Great Depression. One reason why most in the middle class cannot move to a loftier position is our tax system. Workers are taxed at a different rate than investors — the difference between earned income and dividend and capital gains taxation is significant.

By |2019-03-21T22:50:43+00:00March 21st, 2019|Financial Planning|

Roth IRAs, IRAs, 401(k) and Account Conversions

The big difference between the Roth IRA and other retirement accounts is that rather than receiving a tax break for monies placed into the account, you receive the tax break when you withdraw the money. Why is this difference important? Like any other choice based around tax issues, the more funds that have a tax advantage, the better the net results. Using a Roth IRS’s long term accumulation allow for blending this tax free income with other assets which may have more tax liability.

By |2019-03-22T20:47:12+00:00March 21st, 2019|Financial Planning, Retirement Planning|

Assets Under Management Fees and Expenses

Your financial planner gets paid even if your account loses value, what a deal! In the past, financial planners, stock brokers and financial advisors used assets under management as a revenue source.  It works this way:  the client has $500,000 invested with the advisor and even though some of the assets may have been acquired [...]

By |2019-03-21T14:36:03+00:00March 21st, 2019|Financial Planning|

How to Choose a Financial Planning Attorney

Should you consider using a financial planning attorney. Often, a simple meeting with an attorney can make all the difference in the world when it comes to an orderly asset transfer. Here’s a story to illustrate why a couple in Indiana decided to take the do-it-yourself approach to financial planning.  The husband died unexpectedly, and [...]

By |2019-03-20T20:21:23+00:00March 20th, 2019|Financial Planning|

Women Focused Financial Planning

Do you really want or need a “woman-focused” financial advisory group? Many women, especially those in their 60’s and 70’s, grew up with the idea that managing household finances is a man’s responsibility. And, while the world has certainly changed, I have found that a lot of women’s attitudes toward money have remained mired in [...]

By |2019-03-12T04:09:16+00:00March 12th, 2019|Financial Planning|

Whale Or Big Fish Where Do You Stand?

Do You Think You’re an “A” List, Whale, Big Fish, Top-Tier Client to Your Advisor with the Amount of Funds You Have with Them Now?   Over the years I have found many disturbing articles, printouts, instruction letters, YouTube videos advising brokers, variable agents, and money managers to prioritize calls to their clients based on [...]

By |2019-02-19T17:48:55+00:00February 18th, 2019|Financial Planning|