What to Expect at Your First Meeting and Beyond Once you’ve found an advisor (or two) to meet with, have a game plan for the first meeting. Be prepared for the types of questions your advisor will ask you so that you can be ready with useful information. This will help ensure the meeting is… Read More A Guide to Determining If You Should Work With a Financial Advisor [Part III]
Determining & Choosing the Right Advisor Step 1: Determining the Advisory Relationship For You So, you’ve considered your financial situation and the potential benefits of working with a financial advisor. Now it’s time to determine what type of advisory relationship is best for your individual situation, lifestyle, and goals. There are three main types of… Read More A Guide to Determining If You Should Work With a Financial Advisor [Part II]
At times, it can feel as if the odds of being financially stable are stacked against you. Between bills, college loans, rising home costs, and a challenging job market keeping your head above water can be overwhelming. A top source of stress for many is the challenge to save money for retirement. At a close… Read More A Guide to Determining If You Should Work With A Financial Advisor [Part I]
…and 403(b) Plans & 457 Plans First things first, a 401(k) is NOT an investment. It is a TYPE of qualified retirement account. You, as the participant of the company retirement plan, must choose HOW to invest your money within the 401(k) account. When you start a job at a mid-sized or larger private employer,… Read More The 401(k) Cheat Sheet…
Creating a budget is an important pillar of your overall financial success and security. Whether you are running a business or a household, it allows you to oversee and better understand whether you have enough money to pay your expenses. In today’s economic model, the individual is responsible for securing their own retirement, therefore it… Read More Personal Budgeting Software 2023
“It turns out my job was not to find great investments but to help create great investors,” writes Carl Richards, author of “The Behavior Gap.” From increasing our budget mindfulness to taking a steadier approach to investing, Richards has drawn attention to how our unexamined behaviors and emotions can be to our detriment when it… Read More Closing the Behavior Gap: Building a Bridge Between Investing & Financial Planning
Are you prepared for 2023? From soaring inflation and rising interest rates to the ongoing effects of the pandemic and war in Ukraine, we can expect the economic landscape to remain predictably unpredictable for the foreseeable future. And Mr. Market doesn’t like it when it’s foggy. While there’s not much we can do to influence the… Read More 2023 Financial Planning: Your Key To-Do List for the New Year
Homeownership is a big part of the American Dream. But buying, owning, and maintaining a place of your own may come with unexpected costs. Most people focus on the financial benefits of homeownership. Your monthly mortgage payment may be the equivalent of (or sometimes even less) than your rent. As you pay your loan, you… Read More 6 Hidden Costs of Homeownership
Keith Weiss CFP® 