The SEP IRA financial planning for attorneys financial planning for entrepreneurs financial planning for young professionals Apr 29, 2020

By Glenn J. Downing, MBA, CFP®

With this blog post I’m beginning a two-part series about retirement savings plans available to the small business owner. Earlier Jonathan wrote about the Traditional IRA and the Roth IRA. In this piece I’m going to explain the Simplified...

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Upstairs Downstairs at 165 Eaton Place financial planning for attorneys financial planning for retirement Apr 28, 2020

By Glenn J. Downing, MBA, CFP®

Last year (2019) I watched the entire Upstairs Downstairs series on Britbox. Easily sixty episodes in all. My viewing interests are usually limited to either WWII or British crime stories, so this was a bit of a departure for me, and one I thoroughly enjoyed. As...

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Hurricane Financial Preparedness: Top 6 Priorities Before A Storm Hits financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals Apr 27, 2020

by Jonathan G. Cameron, CFP®

When I originally wrote this, the Carolinas were experiencing the worst of Hurricane Florence.  As a native Floridian I've ridden out half a dozen hurricanes myself . The aftermath of a hurricane is not only about the damage to life and property, but for...

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Financial Windfalls: Money Changes, Life Changes financial planning for attorneys financial planning for entrepreneurs financial planning for retirement Apr 26, 2020

by Jonathan G. Cameron, CFP®

A few months ago I heard Susan Bradley from the Sudden Money® Institute say something quite profound regarding our relationship with money and financial windfalls:

When life changes, money changes.
When money changes, life changes.

The order in which...

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Everybody Needs Estate Planning – That Means You! financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals Apr 24, 2020

By Glenn J. Downing, MBA, CFP®

Usually when we think of estate planning we have in mind the orderly transition of assets at death. Death is something that you have a 100% chance of experiencing – we just don’t know when. Tomorrow isn’t promised to us – and neither is...

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I Can't Wait to Pay My Mortgage Off! financial planning for attorneys financial planning for retirement Apr 24, 2020

By Glenn J. Downing, MBA, CFP®

Should I Pay my Mortgage Off Early? This is actually a FAQ – a frequently asked question, so I thought I’d spend a little time on it here. Some other mortgage-related topics we’ve addressed are these:

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529 College Savings Plans Just Got Better! financial planning for attorneys financial planning for entrepreneurs financial planning for young professionals Apr 22, 2020

 By Glenn J. Downing, MBA, CFP®

 529 College Savings accounts just got better! 

A 529 college savings account is one in which money is invested for a beneficiary’s future college expenses.  The account grows without taxation, and funds are eventually distributed with...

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What is a Stretch IRA? financial planning for retirement Apr 22, 2020

by Glenn J. Downing, MBA, CFP®

The Secure Act of 2019 changed the rules for non-spouse beneficiaries of inherited IRAs.  The rules now are simply that the beneficiary of such an IRA has 10 years to distribute it in its entirety.  Required minimum distributions are necessary...

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What is an IRA? financial planning for attorneys financial planning for entrepreneurs financial planning for young professionals Apr 21, 2020

by Jonathan G. Cameron, CFP®

Here is something we hear on occasion at CameronDowning: “I’m not sure an IRA is for me. I hear it may be too risky.” The problem with this statement is that an IRA, or Individual Retirement Account, is not an investment. So what is an IRA?

An...

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Your Emergency Fund financial planning for attorneys financial planning for entrepreneurs financial planning for young professionals Apr 20, 2020

by Jonathan G. Cameron, CFP®

Your emergency fund is foundational to any financial planning. Here I discuss what it is (and what it is not), why you need to have one, and how much should be in it. 

At the Margin 

An economics professor once said that if you fall asleep in class and...

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Insurance Frequently Asked Questions financial planning for entrepreneurs financial planning for retirement financial planning for young professionals mid-life financial planning Apr 19, 2020

Glenn J. Downing, MBA, CFP®

What kinds of insurance do you offer?

We broker life insurance, disability income insurance, and long-term care insurance. In obtaining Insurance coverage for our clients, We shop the market for the most suitable product at the best price.

Can I get auto or...

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Why Should I Pay a Fee for Financial Advice? financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals Apr 18, 2020

by Glenn J. Downing, MBA, CFP®

From time to time I’m asked, Glenn: there are plenty of financial guys out there. They’ll do financial planning for free. So why should I pay you guys?

Good question, and not unexpected in these days of free resources online.  To answer it, let...

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