Portfolio Risk
What Is Risky to You? In financial planning, not saving enough money to accomplish your goals is the biggest risk you can take. Thinking that things will just work out and money will fall like manna from heaven is not […]
Financial Planning
Is $1,000,000 Enough?
The answer is…it depends. We all want to believe that retirement planning is a clean analysis that can be run to peg the exact amount of money we need to eventually stop working. Maybe we need: 75% of income (adjusted […]
6 Alternative Financial Planning Steps
The financial planning process is a logical, six-step procedure: (1) determine your current financial situation. (2) develop financial goals. (3) identify alternative courses of action. (4) evaluate alternatives. (5) create and implement a financial action plan (6) reevaluate and revise […]
Don’t Worry Be Happy – In Retirement
Retirement Study A 2015 study found that 41% of households headed by someone aged 55 to 64 had no retirement savings, and only about a third of them had a traditional pension. Among households in this age group with savings, […]
Pay Yourself First
As a CERTIFIED FINANCIAL PLANNER® I talk to clients regularly about the importance of living below their means. I understand that on the surface it sounds easy but in reality for some its very difficult. Either they don’t make enough […]
