Wealth Management

Tip of the Month: Social Security Missteps to Avoid

April is National Social Security Month and it aims to educate Americans about Social Security benefits, programs and services. Since Social Security typically accounts for a large portion of an investors retirement income, here are some common missteps investors may want to avoid when it comes to collecting this benefit: Taking the benefit too early. Some people[...] Continue reading

Getting Married Later in Life? Financial Protection Is Just as Important as Romance

Before any marriage, it’s important to talk to your soon-to-be spouse about finances. But this discussion becomes even more important if you are getting married later in life. Whether it’s a first marriage in your 40s or you’re getting remarried after a divorce, you’ve typically built up your assets once you’ve been working for a couple of decades. You have a[...] Continue reading

Tip of the month: Spring cleaning your finances

Now that Spring is officially here, it’s time to cut through the clutter and organize your financial life. Here are some tips to help you deep clean your finances: Cut out bad spending habits Keep a journal or go through your financial statements to identify your biggest financial culprits. Whether it’s a daily spending habit or a monthly one, cut the habit and[...] Continue reading

Building a positive relationship with your finances

One of the most important goals financial advisors have is ensuring their clients have a positive relationship with their finances. Sometimes, it can be difficult to change a negative mindset about money, and in turn, impact money decisions that affect budgeting, paying down debt or saving for retirement. To help reframe clients’ negative money mindset, I often start by[...] Continue reading

Making the Best of Long-Term Care

There is nothing that can deplete retirement funds more than extensive health care and long-term care costs. During client review meetings, we believe incorporating a discussion regarding long-term care insurance is an important facet of a holistic financial plan. At some point in our lives we have either experienced personally or know someone that has seen a family[...] Continue reading