Financial Planning Archives - Page 3 of 4

Top 5 Football Foods

Even the biggest fans of their teams who show up in old, torn jerseys they refuse to throw away can’t deny that food is the best part of a football Sunday, and after a long offseason, we’re just so glad it’s back. Good food just makes us feel better, and there’s nothing like a great meal surrounded by your closest…

Brandon McCormick In Financial Planning, Retirement Planning

6 Key Features of Indexed Universal Life Insurance

Traditionally, life insurance has been one of those assets someone might hold but hope they never have to use. Often crafted to protect from the worst-case scenario, it’s most known for the death benefit it can offer heirs in the event of untimely death, providing a payout that has the potential to ease both financial and emotional tension. Modern life…

Brandon McCormick In Financial Planning, Retirement Planning

Financial Freedom at Each Stage of Life

It’s true. Money can’t buy happiness. You can’t simply walk into a store and purchase it over the counter or off the shelf. It can, however, open avenues that allow you to pursue happiness, giving you the flexibility to chase what makes you feel fulfilled, understood and complete. That flexibility is called financial freedom, and it occurs when you’re no…

Will O’Rourke In Financial Planning, Tax Planning

How ‘Succession’ Becomes Reality

First and foremost, for our friends who watch the popular HBO series ‘Succession,’ this article contains spoilers, so we’d strongly recommend finishing the show before returning to learn how the equivalent of a major plot point could affect the financial landscape. Now, for those of us who are caught up on this brilliant show, let’s go over how its twist…

Hunter Lawson In Financial Planning, Retirement Planning

Traditional vs. Roth IRA

Traditional IRA: The traditional IRA offers a tax advantage as you save for retirement. Here’s how it works: Let’s say you contributed $5,000 to a traditional IRA this year, you may be able to deduct that $5,000 on your tax return. This allows you to have a nice break on your taxes to the IRS. If you’re filing individually and…

Brandon McCormick In Financial Planning

Summer at the Cinema: “Barbie” vs. “Oppenheimer”

So far through the 2023 summer movie season, the theater has been just as hot as the temperatures. We’ve seen the return of classic characters, mid-year explosions, some extremely effective scares, a few beautiful love stories and arthouse flicks that could pop back up come Oscar season when the calendar turns. No storyline, however, has boomed quite the way one…

Will O’Rourke In Financial Planning, Tax Planning

What is Direct Indexing?

Direct indexing is a strategy used by investors to build a customized portfolio of individual stocks. This investment approach has gained popularity in recent years due to advancements in technology that have made it easier and more cost-effective to implement. In this article, we will explore the concept of direct indexing and provide sources for further reading. What is Direct…

Marco Melero, C(k)P®, AIF® In Financial Planning

What Is a Financial Plan?

If you have been contributing to your 401(k) or similar plan at work, you may think that you have a financial plan in place. But that’s not the case. A financial plan is more than a retirement account, it’s a comprehensive outline of your finances, including both short-term goals like vacations, and long-term goals like retirement. Elements of a Financial…

Brandon McCormick In Financial Planning

Making the Most of Your Vacation Budget

One of the most exciting parts of life is seeing the world that we’re so lucky to live in. At the same time, we understand that the limited nature of money sometimes requires us to travel on a budget; however, it’s important to know that you don’t have to sacrifice quality to save a few dollars. You just have to…

Brandon McCormick In Financial Planning, Wealth Management

Investing Alternatives During Periods of Market Volatility

2022 was a difficult year for investors, with all three major market indexes dipping simultaneously and taking their biggest hit since the housing crisis of 2008. Now, even with all three up through the first five months of 2023, volatility and uncertainty are stuck in the back of investors’ minds, possibly pushing them to look elsewhere for more diverse vehicles…

Financial Planning