Financial advising is unique for everyone, but saving for retirement is a very different financial situation than drawing down on retirement funds already saved or budgeting social security payments. For those in their senior years who have transitioned from saving to budgeting their retirement dollars, it is a good idea to engage a Certified Senior […]
As I begin my flight back to Norfolk after attending the trustees meeting of my alma mater, I am reminded that ignoring or not recognizing trends may result in you not being around when they become a reality. Change is hard, but ignoringit doesn’t make it go away. In fact, it only makes the inevitable […]
Let’s be honest—drastic New Year resolutions are overwhelming, especially when it comes to money and retirement planning. So, let’s break it down into some bite-sized applications for right NOW. Many of us ask ourselves each year, “How do I make this year’s finances better than past years without a massive overhaul of my lifestyle?” We […]
Each new year brings with it the implementation of new laws, especially financial and tax laws. At the end of 2017 Congress passed the largest piece of tax reform legislation in more than three decades, lowering marginal brackets for all taxpayers. Now we find that at the end of 2019, prior to the holidays, Congress […]
Having recently returned from a Financial Planners Association Conference in Minneapolis, where the temperature was already hitting the freezing mark, I quickly remembered why I like living in Hampton Roads. I love the changing seasons where we can experience some snow in the winter with just a three-hour drive to ski resorts or the heat […]
“Paint me a picture of your future. Tell me what retirement looks like for you”. As a retirement financial advisor, this is what you will often hear me ask a new client at their first financial planning meeting. If they are just beginning to accumulate funds, I want them to have a reason for accumulating […]
If you knew exactly how long you would live, what would you do differently? Would you travel more and work less? Would you start your dream business? Would you sell your house and live on a cruise liner? Would you spend all your money, or stockpile it to leave to your loved ones? In the […]
Happy New Year! If you’re anything like me or thousands of other typical Americans, you’ve resolved to get your life more organized this year. Now, that could mean anything from closets to paperwork to many things in between. How about beneficiaries? You know, the people who stand to inherit your assets when you die? Do […]