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Up-to-date articles on matters that offer an informed perspective on your own financial journey. We invite you to discover more and get informed as you explore our blog.

Tuesday, January 24, 2023

Normal retirement age used to be 65, but things are way different todayYou might be thinking about retiring, but how do you know when you are really ready for it, mentally and financially? For decades, the normal retirement age was 65....

Tuesday, January 17, 2023

New findings from the New York Federal Reserve reveal that millennials have now racked up over US$1 trillion of debt.This troubling amount of debt, an increase of over 22 percent in just five years, is more than any other generation in...

Tuesday, January 10, 2023

What is shifting income and tax liability?Income shifting (also known as income splitting) may be defined as dividing income among taxpayers in a way that lowers the overall tax burden imposed on the income. Typically, income is...

Monday, January 9, 2023

That’s a heck of a dramatic subject line, “Life Altering Technology”, but it’s something I feel people should be informed.  I’d love feedback on this piece so if you’ve already heard of this...

Tuesday, January 3, 2023

Financial stress can have a direct negative impact on a person's health and happiness. Unfortunately, this may lead to a downward spiral. The more stress you're feeling, the larger your financial hurdles may seem, and the more you...

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Tuesday, December 27, 2022

If the end of the year has you in planning mode, you’re not alone—starting a new year may be a great opportunity for a review and renewal. What steps might you take for next year? Review Asset AllocationsMost...

Tuesday, December 13, 2022

At the end of the year, it is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it can seem overwhelming. Consider breaking up the responsibilities over...

Tuesday, December 6, 2022

Part of the joy of making money and building wealth is not solely the aim to live a flexible life of convenience; it is also giving to those we love. Typically when we think of passing down money to loved ones, it is through a will...

Friday, December 2, 2022

Communicating openly can help everyone prepare and plan for the futureMany parents may find it uncomfortable, or even believe it is unnecessary, to inform their children about personal finance matters. Yet, communicating openly with...

Saturday, November 19, 2022

Through charitable giving, you can support causes or organizations you believe in and lock in tax benefits simultaneously. Whether you’re new to charitable giving or a veteran, there are several strategies you should keep in mind...

Wednesday, November 16, 2022

What are appropriate checklists for year-end tax planning?Tax planners often develop checklists to guide taxpayers toward year-end strategies that might help reduce taxes. Typically, suggestions are grouped into several different...

Wednesday, November 9, 2022

Tips for being proactive in safeguarding your identity and your credit scoreIdentity theft is a serious crime, with increasingly greater numbers of consumers being affected every year. As part of a protection strategy, the Federal...

Tuesday, November 1, 2022

“I’m trying to eat healthy food” is a phrase said by many but implemented by few because of budget restraints. Grocery shopping for healthy foods, or what you perceive to be healthy foods, can get expensive very...

Tuesday, October 25, 2022

Investing can be a roller coaster—and, when the market starts dropping, it may even feel more like a haunted house. With recession fears mounting, what can investors do to stay the course and escape unscathed? Here we discuss...

Tuesday, October 18, 2022

The most important tip of all? Hire a financial advisor.Investing can be stressful, but it doesn’t have to be. If you have a portfolio that was built for you and use the help of a financial advisor, you shouldn’t be too...

Tuesday, October 11, 2022

High Net-Worth executives and those that have been self-employed, can experience common problems in their financial planning journey. Often, they have missed opportunities in their financial planning because they haven’t planned...

Tuesday, October 4, 2022

More consumers are conducting financial transactions online and may become vulnerable to tracking, hacking, identity theft, phishing scams, and other cyberspace risks. While nothing can guarantee complete safety on the Internet,...

Tuesday, September 27, 2022

Making it Easy to Make A DifferenceAmericans donate billions to charity annually. If you give to charity, you need to know about one of the best tools to facilitate generosity: Donor-Advised Funds (DAFs).DAFs date from the 1930s but...

Tuesday, September 20, 2022

A surprising two out of every three American adults do not have any kind of written estate plan.1 For adults who also serve as family caregivers, not having a plan in place can pose major risks for them and their entire...

Tuesday, September 13, 2022

You're about to receive a distribution from your 401(k) plan, and you're considering a rollover to a traditional IRA. While these transactions are normally straightforward and trouble-free, there are some pitfalls you'll want to avoid...

Thursday, September 8, 2022

n Mid-August my wife and I took our four kids on our first full-fledged family road trip. From Casper to Arches National Park from there to Zion National Park from there to Coronado Island to Sequoia National Park to Yosemite National...

Tuesday, September 6, 2022

Are you a football fan? Do you analyze the teams, study the plays, rattle off statistics, current and years past? The steps required to plan your financial future are not dissimilar to football. Producing a solid team requires planning...

Tuesday, August 23, 2022

People often have twice the credit they actually need. Avoid temptation by never charging more than 50% of your total credit limit.Join your company’s retirement plan and try to contribute as much as you can, especially when the...

Tuesday, August 16, 2022

Many of you already have estate documents, probably executed many years ago. You need an estate attorney to look over your documents every 10 years or so. Here are a dozen points to review. Do you have a will and powers of attorney for...

Tuesday, August 9, 2022

When your child first started school, you doled out the change for milk and a snack on a daily basis. But now that your kindergartner has grown up, it's time for you to make sure that your child has enough financial knowledge to manage...

Tuesday, August 2, 2022

Remember the words of Yogi Berra when a company splits its stockThe summer of 2022 could be known as the Summer of Stock Splits, as several high-profile companies have either split their stock or announced their intention to split....

Tuesday, July 26, 2022

Knowing when it’s the right time to retire can be difficult, especially if you love your job. Even professional athletes have a hard time knowing when to walk away!These athletes thought they were ready for retirement but...

Tuesday, July 19, 2022

Anchor your financial planning on how long your money needs to lastHow long do you think you will live? How long does your money need to last? If you’re like most people, you get this age wrong.The consequence? Faulty retirement...

Tuesday, July 12, 2022

When you're first starting out with your own business, you're likely to be focused more on staying afloat than on contingency planning. But as your family business expands and grows, it's important to ensure that this is done in a...

Thursday, July 7, 2022

As the calendar has turned to July, investors would certainly like to forget the first six months of 2022. However, the Fourth of July Independence Day holiday does bring with it reason for celebration. Not only is it the 246th...

Tuesday, July 5, 2022

Teaching your kids now may be the best gift that you ever give them.A four- or five-year-old child may seem too young to grasp the concept of money management, but even at an early age, children waiting in a supermarket checkout line...

Tuesday, June 28, 2022

Save and Invest. When your children are grown and leave home, you are released from being the financial “provider”: No more bills for everything from food and clothes to visits to the dentist. Along with this...

Tuesday, June 21, 2022

The sandwich generation is a term commonly used to describe those between the ages of 40 and 59 who are responsible for raising their family and are also often helping their aging parents manage their ongoing needs. Those members of...

Tuesday, June 14, 2022

You don't need to wait until the end of the year to look for ways to minimize your tax liability. Tax planning should take place throughout the year to have you prepared well ahead of tax season. Here are six ways to minimize your tax...

Tuesday, June 7, 2022

I have seen my share of client-drafted wills. While most people opt to have a lawyer draft their last will and testament, there is no requirement that an attorney do so. If you do opt to draft your own will, make sure to avoid the...

Tuesday, May 31, 2022

It’s been an interesting time in our business.  First, the establishment of our new firm which also came at an interesting time in the Market.  All I’ll say about the new business is a big Thank You to every...

Tuesday, May 31, 2022

When was the last time you evaluated your homeowners insurance? Have your needs changed since you initially purchased your homeowners policy? If so, there may be gaps in your insurance coverage. For example, you may have acquired...

Tuesday, May 24, 2022

While there is no one-size fits all, avoiding these mistakes is a good start A lot of 401(k) investors end up making the same mistakes when choosing their investments. The results are low returns and unbalanced portfolios. Avoiding...

Tuesday, May 17, 2022

Making sure your investments help you work towards your true life goals Too often during uncertain times, we inadvertently compare ourselves to the people around us – and that may lead us to make financial mistakes. In his book...

Tuesday, May 10, 2022

Parenthood can be both wonderfully rewarding and frighteningly challenging. Children give gifts only a parent can understand — from sticky-finger hugs to heartfelt pleas to tag along on Saturday morning errands. You raise them...

Monday, May 2, 2022

Celebrated on the fifth day of May, Cinco de Mayo is an increasingly popular holiday that honors the Mexican Army's victory in the Franco-Mexican War. The date is sometimes referred to as the Battle of Puebla Day, which the...

Friday, April 22, 2022

Market timing is a “strategy” of deciding when to buy and sell stocks by attempting to predict which way and when stocks will move. Let’s look at an example and the data to determine why market timing is unwise....

Tuesday, April 19, 2022

And for all adults to put into practice too I was walking with a friend and his 6-year old daughter and we stopped by an ATM on the way to lunch. As my friend was getting some cash, I couldn’t help but notice the confused look on...

Monday, April 4, 2022

As we approach tax day 2022, you may be expecting to receive a tax refund. While you may have a temptation to spend your tax return, other options may be more beneficial to your financial situation.