Comprehensive Financial Planning

You’ve already taken the necessary steps to plan for your own future needs, and now you want to make sure your kids or grandkids start off on firm financial footing. Here’s everything you need to know about setting your children up for financial success. First Things First: A Financial Education Here we’ll discuss a few of the choices you have when investing in your child’s future, and we believe that one of the best ways to get started is to have open, regular conversations with your children about money and finances. A financial education is a critical step in Read More

It’s likely you’ve thought a lot about how you’ll spend your time during the so-called golden years. Whether your plans include working part-time, more travel, more time with family or friends, or investing in a new hobby, you’ll want to be financially prepared. Here are our top five tips for setting yourself up for a satisfying, fulfilling retirement. #1: Define a clear vision You already know that daydreaming about life in retirement isn’t enough. You’ll want to create a formal, written vision of what you would like your days and years to look like when you’re in retirement age. Read More

You’re already well versed in the basics of personal financial planning: Spend less than you earn, and invest and save wisely. Create a plan that sticks to those fundamentals to help you attain your financial goals and you should be set, right?  But sometimes our best laid financial plans don't go according to plan. This is the case for many as they’ve tried to figure out how to navigate the rough financial waters of a global pandemic. Retirement savings have taken a hit, cash flow has been tighter than ever, and many have had to dip into their emergency funds.  Read More

You’ve worked hard to build everything you have, and it’s important to you that your wealth is transferred according to your wishes and properly preserved for future generations.  Legacy planning is how you do just that. Here are the top five things you should understand before you get started.  #1: Legacy planning is about more than just who gets what.   Legacy planning is a plan for your estate, dictating how your wealth and assets will be passed on to loved ones after your death. It also considers how these things will be managed, provides a way to communicate those wishes Read More

Your financial health has a lot to do with your physical health. Here are five health choices that contribute to financial well-being—now and into retirement. Make healthcare planning part of your retirement plan.  If you’ve been participating in your employer’s health care plan, then you may find healthcare costs go up once you retire. In fact, some research shows that you can expect healthcare spending to double over the first 20 years of retirement.* This is the opposite of expenses like travel, which you’re likely to spend less on the further you get into retirement.  In addition to planning for Read More

Financial security: It’s where the numbers and your money mentality come together to ensure a stable future. Being financially secure means different things to different people. In one sense, it’s all about the numbers: having a steady income, a solid retirement plan, growing savings, and more than enough in your emergency fund to cover unexpected expenses. In another sense, it’s all about how you feel about your financial situation—both your current situation and your prospective future situation. Do the numbers give you peace of mind? Or do they keep you up at night? It’s likely something you’re considering more and Read More