Blog
Controlling The Controllable When It Comes To Your Finances
For many people, when they hit a tough time in their life, the go to advice from well meaning friends seems to be “don’t worry about it” and while this is often easier said than done, the basis of this advice is to control what you can control, and let go of what you...
Top 10 Retirement Tips For 2023
Lists of retirement advice for the year to come generally all sound the same—but that’s not the case this year. The 2023 retirement outlook includes a host of obstacles, such as high inflation and rising interest rates. These trends have created an uncertain...
How To Avoid Aretha Franklin and Prince’s Estate Planning Errors
Estate planning isn't just for the rich and famous. When James Brown died in 2006, his will left most of his estimated $100 million estate in a charitable trust that would fund scholarships for disadvantaged children. But because the estate became mired in...
Succession Planning With A Buy/Sell Agreement
Have you considered what needs to be done with your business when you are doing your estate planning? If you own a business, it is important to have a management succession plan and also have a buy/sell agreement for your business interests. You worked years to build...
7 Times You Should Absolutely Tap Into Your Emergency Fund
While nobody anticipates emergencies, having a financial safety net is crucial for unexpected curveballs life throws your way. Your emergency fund is designed to be a cushion when urgent situations arise. It’s essential to know when to tap into those funds for genuine...
How To Manage Your Risk Via Life, Long-Term Care Insurance
Effective financial planning includes insurance planning, a critical component that many, especially women, in my experience, tend to overlook. It is an important strategy for safeguarding your assets and loved ones against potential risks. Two insurance policies that...
10 Questions to Ask a Financial Advisor
To find the right financial planner, first consider the type of help you want. Then explore fees, qualifications, your working relationship, investment details and more. Before you commit to a financial planner, you want to make sure you’re hiring the best person for...
How much should retirees have invested in the stock market?
The stock market has been on a tear for much of the past decade, with annualized returns of about 12 percent through the end of July 2023. At the same time, interest rates have hovered near record lows over the past 10 years, which may have caused stock allocations to...
How Business Owners Can Avoid Four Big Financial Planning Mistakes
Lax financial planning when it comes to taxes, risk management, exit plans and cash flow can hinder the growth and success of your business. Many entrepreneurs find themselves underserved when it comes to financial planning. They often rely too heavily on their CPA...
Financial Planning: A Step-by-Step Guide
A financial plan is a roadmap that helps you achieve your goals. Financial planning can be done on your own or with a professional. A financial plan paints a comprehensive picture of your current finances, your financial goals and any strategies you've set to achieve...