Monthly Archives: January 2017


31

Jan 2017

How Much Should I Give For A Wedding Gift?

Your college roommate or long time childhood friend invites you to their wedding. Or better yet, you’ve got a big family and your second cousin Joe is getting married and last time you saw him was two years ago at the family reunion. Now you have to go spend money to get an airline ticket, book a hotel room, and possibly buy a new dress...

Read More


26

Jan 2017

10 Things To Include In Your Will

#1 Name a personal representative or executor In an individual will, your parent can name a person or institution to at as a personal representative, called an executor in some states, who will be responsible for making sure that the will is carried out as written and that the property is divvied up and distributed as directed. It’s also wise to name an alternate in...

Read More


24

Jan 2017

Is It Too Late To Begin Saving For Retirement?

You are 45 years old and it dawns on you that your college days are looking further and further in your review view mirror and you can see the exit sign for retirement not too far down the road. As you sit down at your kitchen table to really assess your overall financial situation, you begin to ponder the life and financial mistakes you have...

Read More


19

Jan 2017

Should I Refinance My Mortgage?

These past couple of years many clients have asked about whether or not they should refinance their mortgage. Along with people who have never refinanced, those that did even 18 months ago may be licking their chops to do the tango for another refinance soon. For the week that ended December 23rd, 2012, the 30-year mortgage rate fell to 4.05% which was the lowest in...

Read More


18

Jan 2017

THE 6 BIG RISKS® – Dying Too Soon

One of THE 6 BIG RISKS® is dying too soon. We all know people who have suffered such a loss. The emotional impact can be far reaching. The financial impacts can have significant consequences, as well. The good news is that it is quite simple to plan the financial aspects. Grief must take its uncertain course, but in the meantime, one thing is for sure:...

Read More


17

Jan 2017

Five Disaster Financial Moves

If you avoid these 5 disaster financial moves, you may have a good chance of becoming prosperous and hitting your goals. If you have made one of these already, it may be time to come see us to show you how to get back on track. #1 Buying More Home Than You Can Afford This is our top one as it will truly cripple your...

Read More


12

Jan 2017

5 Myths About IRA Investing

Many people in the United States may be missing out on one of the best retirement opportunities of opening up an IRA account. Here are 5 Myths that we can clear up so you can better understand how these powerful retirement vehicles can work for you. Myth 1 – I can only invest my IRA where I open the account. We have often heard people...

Read More


10

Jan 2017

Do you need disability insurance?

There are many types of insurance programs to manage these days. Yet, one of the programs most misunderstood by employees of companies and small business owners is the need for disability insurance to protect your income. Since there are so many nuances of disability insurance, here are some key questions to ask yourself regarding your personal situation. #1 What percentage of my income will you...

Read More


05

Jan 2017

Calculate Your RMD as Easy as 1-2-3

A required minimum distribution (RMD) is the minimum amount that must be withdrawn from your retirement account each year. Traditional IRA owners are subject to RMDs beginning in the year in which they turn age 70 ½. Most participants in 401(k) and similar plans must begin RMDs at the same time. #1 Determine Your Distribution Year The distribution year is the year for which you...

Read More


03

Jan 2017

3 Money Lessons I Learned From My Parents

Often we don’t appreciate everything that happens to us growing up as a child. We know that our formative years can very much outline and shape the way we think and act as an adult. We know that in some households money never gets discussed with the kids and in others there are detailed discussions about how to create a household budget. These money lessons...

Read More