Blog

Financial Advisor Designations: What Those Letters Mean

Happy New Year! We hope your 2019 is off to a great start. This is a good time to get your financial house in order and working with an advisor can help you set tangible goals. When it comes to picking an advisor, it can be difficult to understand what credentials or experience an individual might have. After all, anyone can call themselves a financial planner, financial advisor or wealth manager. What does CFP or CFA really mean? What is the difference between an RIA or a brokerage firm? Who has my best interests in mind? The article we are sharing today explains in more detail what goes in to obtaining the various financial designations so you can make better sense of your advisors qualifications.

6 Ways to Get Your Finances Ready for 2019

As the end of the year approaches, it is a time for reflection. Reflection on the past year and reflection on our goals for the upcoming one. If you have not reviewed your financial plans in the past year, this is a good time to call your Portfolio Manager and set up a time to meet. We are here to help you as your navigate your financial goals both big and small.

Do This One Thing Before the End of the Year to Save Money on Your Taxes

With Thanksgiving behind us, the end of the year will be here before you know it. This is a busy time of year for all with celebrations, shopping and spending time with loved ones. It is also a good time to review your income and expenses for the year and meet with your CPA for a tax review. If you need help, give your Portfolio Manager a call and we can assist you with setting up a tax planning meeting. Today's article talks about some end of year tax planning strategies. This may or may not be available to you depending on your financial situation.

IRS Announces Higher 2019 Retirement Plan Contribution Limits for 401ks and More

The limits for retirement contributions have been increased for 2019, so this will allow investors to set aside additional funds for retirement. If you have questions about how much you can save and the tax implications of those decisions, please give us a call.

Here's how much you should have saved by 40

What is the right amount to save for retirement? How much will I really need? These are questions that we get asked daily by clients, and we are happy to help you plan for your retirement. If you are already retired, we can help you review your income plan to make sure you are not overspending. The article we are sharing today comes from CNBC and explores how much one should have saved by age 40 and shares some tips on how we can all do a little better at saving for our future income needs.

Retiring Abroad

The ideal retirement looks different to everyone. Some clients just want to work less or on their own terms. Others cannot wait to cut the cord and be free to travel the world. Today's article explores retiring abroad and living your travel lifestyle fantasy. If you are wondering what type of retirement you can afford, give us a call! We are happy to complete a retirement plan with you.

If you’ve always dreamed of living abroad, now may be the best time. Today, there are around 400,000 American retirees residing outside the United States, with that number expected to grow over the next few years. Cost of living is often cited as one of the main reasons for the move. For example, in places like Mexico and Costa Rica, it’s possible to live off of a Social Security check, while enjoying a relaxing lifestyle in the process. Other retirees cite rising health care costs as a contributing factor in their decision to move out of the U.S.

This credit card payment mistake costs Americans more than $1 billion

Credit cards can be a good way to build up your credit, earn rewards and get discounts. They can also cost you a lot of money with extra fees and expenses if you are not careful about how you use them. Today's article covers a few of the common ways that Americans are misusing their credit cards and incurring costs for doing so. If you have questions about this or your financial plan overall, give your portfolio manager a call. We are here to help you make sense of it all.

How Large of a 401k Balance Do You Really Need?

How much should I save for retirement? Do I have enough saved for retirement? These are the questions we get asked the most. The truth is: there is not a one size fits all kind of answer. My dream retirement may not be the same as yours, and that means you may have more than enough saved and I may fall short of my goals, even if we both have the same amount saved. Today's article explores those questions and provides guidance on what one should be thinking as they enter their golden years. If you have questions about your own retirement plan, give us a call. We offer full financial planning services to all clients and we are happy to help. Our team includes a Certified Financial Planner™ who can provide you sound retirement planning advice.

Yes, You Can Still Buy Savings Bonds

Summer break is coming to an end (no end in sight for the HEAT, though) and school will soon be back in session. One of the most popular gifts given to students and one that can help fund their education is savings bonds. Today's article provides information on what type of bonds are still available and how one might procure them. These are a great complement to 529 Education Savings accounts and UTMA's for children and grandchildren. Please give us a call if you have any questions!

Americans are more stressed about money than work or relationships- here's why

It is no secret that financial problems can be a huge contributor to ones stress level. Taking control of your financial situation and delegating where necessary can restore a sense of well being. If you are feeling uncomfortable or insecure about your situation, give us a call. We are happy to assist with creating a financial plan- this can include a budget, long term projections, risk analysis and even consolidation of accounts. You are not alone when it comes to managing your financial future, we are here to help.

Syndicate content
Website Design For Financial Services Professionals | Copyright 2019 AdvisorWebsites.com. All rights reserved