Can You Have Too Much Life Insurance?
Everyone makes mistakes. Heck, I make them all the time! I’ve been doing a number of financial plans lately. Within each financial plan I review life insurance needs as a part of the risk management section. Lately I’ve found many very... Read More →
6 Must Have Insurance Policies
Protecting wealth is probably just as important as creating it. Insurance remains a crucial part of a well thought out wealth strategy. Poor planning in just one of these areas could be detrimental to your long-term wealth. It will only... Read More →
4 Forgotten Fall Financial Tips
Fall is my favorite time of the year! I love the weather and the change of seasons. Fall also is a busy time for me as a financial advisor. I have to prepare year-end reviews for clients, get required distributions... Read More →
Sudden Wealth From A Divorce?
Divorce is probably one of the most stressful things anyone can go through. It puts strain on your emotions, your family and your finances. I would categorize divorce as a Life Event. It will affect quite a few adults in... Read More →
Life Event – Death Of A Spouse
Dealing with the loss of a spouse is very difficult time for you and your family. You will be coping with lots of emotions and handling many complex financial decisions as well. You may have had a spouse that handled... Read More →
What’s the Difference Between A Primary and Contingent Beneficiary?
We most commonly think about beneficiaries in life insurance policies. However, if you have a 401(k), IRA or a bank account, you may be asked to provide a beneficiary. Beneficiaries are people or entities that you designate that will receive... Read More →
Generic Money Advice To Avoid
Most people I meet generally welcome the financial advice they get. However, sometimes the advice from a professional isn’t very good. I’ve listed a few pieces of generic advice that you may not want to follow. 1. Save 10% for... Read More →
5 Financial Tips for Newlyweds
Wow! It’s June already. This year is flying by. June is a traditional month of weddings. I recently attended a friend’s daughter’s wedding. So so I started to think about what newlyweds would want to know about money and finances. In... Read More →
10 Simple Rules For Building Wealth-Part 2 of 3
In Part 1 we covered the first three rules: 1. Have a Plan 2. Live Below Your Means and 3. Control Debt. Here is Part 2 of my 10 Simple Rules For Building Wealth. 4. Don’t Procrastinate. Many people procrastinate... Read More →
How Much Life Insurance Do You Really Need?
How much life insurance do you really need? As usual there is no definitive answer. It varies for everyone, and it depends on your unique situation. Right up front I want to give my opinion on life insurance. First, it’s... Read More →