Blog

With Congress agreeing to pass the SECURE Act, which represents the first major retirement legislation since the Pension Protection Act of 2006, the required minimum distribution (RMD) rules that impact retirement savings accounts are changing drastically. To see an overview of the SECURE Act check out this Forbes Article.

As we start getting into summer, I’ve had several friends tell me about their vacation plans. Listening to them talk, it’s clear they’ve put a lot of thought and effort into planning for their trips. That got me thinking: what if people put as much time into planning their retirement as they do for their vacations?

If you’re like most people, it’s probably not uncommon for you to plan your day or week based on the weather forecast. For example, you might check the forecast, see that it’s supposed to be sunny, and decide to go fishing on Saturday. But when Saturday rolls around, it starts to rain. The frustration you’d feel is very similar to how investors and analysts often feel about the markets. The forecast says one thing – and then the opposite happens. ....

From 1977 through 1990, Lynch ran one of the most successful mutual funds ever, posting an average annual return of 29%. Over his career, Lynch espoused many investing principles, but there are seven in particular that I think all investors should keep in mind.

If I told you that people who perform their own auto repairs experience almost double the car problems compared to those who use an experienced mechanic, would you be surprised? What if I said that people who try to invest for retirement on their own have almost 50% less in their accounts than those who use an experienced financial advisor?

Seeking a change of scenery can seem like an obvious decision when a loved one dies. The aftermath of such a loss may be so profoundly painful that there may seem to be no other option - and it may indeed be the right decision for you.

Every day I have the privilege of walking couples and individuals through complex financial decisions and have developed a road map for my clients that I encourage them to use on every financial decision, both big and small.

We live in a world of numbers. They';re on signs, calendars, clocks, microwaves, bills, phones, you name it. Most of the time, we scarcely give these numbers a second thought. We're so used to seeing them, we ignore them and get on with our day. But as you know, some numbers are more important than others; like the ones found on your paycheck. Do you know what all those numbers mean? Just as importantly, when was the last time you reviewed these numbers?

As a parent, I have realized that while our public schools do a tremendous job teaching our children about Science, History and Mathematics, what they often lack is a curriculum in financial education. Today, I share with you some helpful tools to teach your children about finances so they are better prepared to make sound financial decisions.

The best way we can empower the women in our lives is through financial independence. In order to get financially independent, women must recognize that they face unique challenges but with the right education they can overcome them all.