For most people, there’s usually a point where their financial life becomes complicated enough that they realize it’s time to hire a professional. This could be at any stage of life; it’s more about the individual situation and how an advisor can help. Here…
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Tax Planning for Retirement: The Long Game
Tax planning for retirement is different from the strategies you deploy to minimize taxes while working. You’ll be using your investments for income, and the way they are taxed is different depending on the type of account you hold assets in. In addition, at age…
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Inflation, the Fed, and Recession. It’s Not Linear.
The June CPI number came in at 9.1%. This is not only the second consecutive month that we’ve seen an increase – it was a whopper. Consensus expectations were for an 8.8% annualized increase in inflation. This huge spike came after the Federal Reserve…
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Gen X and Money: Five Things That Set This Generation Apart
This generation’s refusal to be categorized earned them the “X” in their name. Their childhoods and early adulthood were in a unique historical period, as their boomer parents settled into full maturity in a changing world. They lived in households where both parents went out…
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July Market Commentary: Will the Fed’s Rate Resolve Lead to Recession?
June Recap and July Outlook After a barely positive May, June saw the bear market return across indices. We ended up with the worst first half performance since 1970. A mid-month 75 basis point rate increase, followed by Fed Chairman Powell’s testimony to Congress…
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Staying the Course in Times of Volatility
While stock market indexes have declined recently, history shows they always recover given time. Just as Chicken Little wrongly assumed that one acorn falling on his head meant the sky was falling, you would likely be incorrect if you thought a few proverbial acorns falling…
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Being Comfortable In The Uncomfortable
Humans don’t deal well with change, it is our nature to stick with the status quo and resist the unknown. It’s tied to our deep-seated biological drive to survive. If you’re uncomfortable with discomfort, you turn away from uncertainty and change. The last few…
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Understanding Life Insurance: Term Life Insurance and Whole Life Insurance
You’ve worked hard, built a business, bought your dream home and started a family. Your income covers your expenses (with some left), you’re maxing out your 401(k) contributions, saving for college and even putting something aside in an investment portfolio. You’re in great shape to…
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June Market Commentary: Lions and Tigers and Bears, Oh My
May Recap and June Outlook The Fed lion has found the courage to increase interest rates drastically, the inflation tiger is still ambushing the economy, and now the stock market is flirting with bears. The question for investors is: Are we still deep in…
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Recruiting and Retaining Talented Employees to Help Your Company Grow
You’ve probably read the “Great Resignation” headlines or seen the current low unemployment rates. If you’re like most business owners, one of your biggest perennial challenges is hiring and retaining a talented workforce. The current tight labor market only means being able to attract workers…
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