Financial Planning

Divorce can be emotionally, mentally, and financially draining. Not only are you adjusting to your new way of life, but you may be managing your family’s finances for the first time. While it can be overwhelming, divorce is also an opportunity to create the life you want. It’s the time to set financial goals for yourself and chart a path to get you there.

Whether it’s a data breach at Equifax or Yahoo or your elderly neighbor falling prey to a phishing scam, it’s hard to feel safe in the virtual world that we have created for ourselves. From centuries of experience we learned to lock our doors at night and stay aware when walking through the woods alone, but cybersecurity is new to many of us. Our parents and grandparents ingrained in us that we are not to talk to strangers as children, but there is no age-old wisdom being passed down regarding the internet.

Life is full of unexpected twists and turns. While we may start out in one career, our experiences may show us other areas we want to pursue, needs that aren’t being met, or open doors to new opportunities. That’s exactly how I found my way into my career as a financial advisor.

Estate planning is often one of those things that people tend to put off for one reason or another. Maybe they don’t want to think about their own mortality, or they think it will be too expensive. Or maybe they just don’t think it’s necessary. In fact, over half of Americans have not done any estate planning.

With identity theft and data breaches on the rise, it’s normal to feel a bit nervous. After all, no matter how many precautions you take, it’s almost impossible to protect all your data, all the time; and if it falls into the wrong hands, you could be in for a world of hurt. At least that was the case until a new law passed in September 2018 allowing anyone to freeze and unfreeze their credit for free.

Regardless of whether your child is two or twelve, the thought of college has probably crossed your mind. In the busyness of life and never-ending financial pressures, it is all too easy to put saving for college on the back burner. But one thing in life is certain; it moves quickly. Don’t get caught unaware and unprepared for college. Your child’s education is one of the most important investments you can make, and with today’s costs, it pays to plan ahead.

Have you ever read a financial article or blog post and put it down after reading the first paragraph because the terminology didn’t make sense? If so, you’re not alone. And while there is plenty of financial jargon that you don’t need to know to succeed financially, one term that is critical to how your money is handled is the word fiduciary.

Even if you haven’t done any retirement planning yet, you’ve probably heard of Medicare, a federal insurance program designed for people older than 65, younger adults with disabilities, or those with end-stage renal disease that requires permanent dialysis or transplant. If you fall into any of these three categories, you may be a candidate to receive Medicare coverage.