A few weeks ago, my fiancé got an email from the custodian that holds his 401(k) reminding him to check his beneficiaries. While he was surprised to receive the reminder, he was also grateful, as he realized he had never named anyone as the beneficiary of his account. The importance of having a beneficiary is […]
So, what do the pandemic of 2020 and 9/11 have in common? Both were periods of time that I served as Chairman of Chesapeake Hospital Authority and President of The Rotary Club of Chesapeake, respectively. The video of two passenger planes flying into the Twin Towers of the World Trade Center resulted in enormous fear […]
When we hear the word “retirement” we almost synonymously think 401(k). But what if you don’t have a 401(k)? Can you still invest and plan for retirement?? While a 401(k) is largely the most popular and most well known of retirement plans, it is not by any means the “end all be all” of retirement […]
How do you think about money? Does it provide a sense of security that was molded by a parent or guardian who instilled a savings-mindset during your childhood? Is it mainly a means to new experiences and travel created by a relatively affluent upbringing? Or does it cause anxiety, centered around years of living paycheck […]
We want our clients to have healthy family relationships and financial wisdom. Many of us grew up with the notion that talking about money was taboo – even inside your own family. And while the status of your 401(k) or the monetary value of your trust might not be polite conversation at a dinner party, […]
For most people, when they enter the workforce, they begin putting away a percentage of their salary toward retirement which is a part of their financial planning. Some stay disciplined early by putting away a solid 15 – 20% of their income. Most others start anywhere from 1 – 5% and apply an automatic escalation […]
You may not be aware that June 23rd is a day that is dedicated to honoring and spreading awareness for the widows among us. We here at Tull Financial Group find it very important to empower widows by educating and guiding them along their financial flight path. There are many ways for widows to receive […]
Travel, along with much of the rest of the economy is beginning to open back up. Recently United Airlines announced it will add 400 daily flights to July for European destinations and plans to fly 80% of its U.S. schedule compared with July 2019. The airline also said that summer travel bookings rose 214% from […]
As I drove home from work last Monday evening, I noticed cars backed up for two and a half blocks on Battlefield Boulevard. Performing a “rubberneck” routine, I saw they were all waiting to pull into the 711 to fill up their tanks with gas. It reminded me of the 70’s when I drove my […]
Volatility was a key theme for 2020, as the market was trying to predict the timeline of the economic recovery while simultaneously reacting to short-term headlines. The stock market price fluctuations presented lots of opportunities for investors with cash on the sidelines. In addition, new trading platforms such as Robinhood decreased the barrier to entry […]