Financial Planning

There is no "magic wand" or one-size-fits-all plan to save for college. As you can imagine, multiple factors impact the type of account you will utilize. You may even want to use a combination of options to maximize the amount you save and minimize the tax you pay on the money earned by the account(s).

Financial Planning is incredibly important for your future. In fact, it can be just as important as eating healthy and exercising. Unfortunately, the average American never engages in the financial planning process. People are now planning even less than they did in the past, and financial independence has decreased along with it.

When it comes time to create a roadmap for your financial future, you hear the term “comprehensive financial planning” thrown around a lot, whether it’s during your research or in talking with a Certified Financial Planner®. So what is comprehensive financial planning anyway?

Budgeting is the best way to take control of your personal finances and begin down a path towards financial freedom. Easy enough right? Not quite. Budgets pose many challenges; the most common being creating one, followed closely by following through and sticking to a budget.

With Christmas approaching in just a matter of weeks, you might find yourself wondering what to get your loved ones this holiday season. Luckily, I’ve got a few ideas for you.

3 Insurance Gaps That Could Be Leaving You Vulnerable

Although most individuals have insurance coverage of some kind many don’t realize they are leaving themselves vulnerable to catastrophe by not having the correct type of insurance coverage or even by simply not having enough coverage.

Many couples enter the retirement stage of life, and find, not surprisingly, that their aspirations for retirement differ; sometimes only slightly but other times colossally. Thus, it is important to discuss your expectations with each other before you retire to avoid conflict when you get there.

Most people, wealthy or not, make an effort to support a philanthropic cause, be it big or small.

Women now comprise 60% of the people receiving Social Security benefits, so it’s easy to say that it is a significant component of any woman’s retirement plan.¹ As with many aspects of retirement planning, Social Security can be confusing -- not only to understand, but to implement correctly.