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 […]
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 […]
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 […]
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 […]
Retirement Planning: So often we overestimate what can be done overnight and we underestimate the compounding value in small decisions over time. As we project, approach, and walk through retirement, there are many forks and paths to take. It can be both overwhelming and confusing. But even more dangerous is the idea that we can […]
Financial planning as we approach and walk-through retirement can be confusing. Retirement account contributions, retirement account distributions, social security options, Medicare options—oh my! While all this seems like a lot to navigate, growing older has many perks, as a retirement financial advisor can tell you! Here are some key milestones to help navigate your retirement […]
You’ve been working for decades, dutifully putting away money into your company’s 401(k) plan and watching that investment grow into a sizable nest egg. You feel like you’ve finally nailed the savings game, but how comfortable are you with the idea of actually using and spending that money in retirement? The transition from saving to […]
Phil: Welcome to Tull Financial Group’s Financial Friday. I’m glad to be here with Robin Tull today talking about charitable giving. I know this year has been a tough one for so many – especially small businesses and it’s really been cool to see the response of people to come around each other and to […]
Most people have one of two feelings when asked about saving for retirement. The first is usually the feeling of being overwhelmed – thinking there are too many deferment options, too many funds to choose from, and that they have no idea where to begin. While I cannot deny the sometimes-overwhelming complexity of some retirement […]
On April 22 nd of this year, I wrote about how I believe the Pandemic Crisis of 2020 will be remembered for many years just as 9/11 and the Great Recession were defining moments. We are now six months into a period of quarantine, mask wearing, and for many a fear of the unknown. Many […]