Live Below Your Means financial planning for young professionals Jun 22, 2023
by Glenn J. Downing, MBA, CFP®

At CameronDowning we work with a lot of young professionals.  These are people who are well-educated, hard-working, and striving for good things in life.  They come to us for financial organization – to get their life’s financial...

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Big DROP changes financial planning for retirement Jun 12, 2023
 by Glenn J. Downing, MBA, CFP®         

On June 5th of this year Gov. DeSantis signed into law some major changes – upgrades - to the Deferred Retirement Option Program.  The main points are these: 

DROP extended to 8 years

Beginning July 1st the...

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A Fed Pause In A Tight Labor Market financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals May 31, 2023

The Federal Reserve meets again on June 13th-14th  for its periodic Federal Open Market Committee (FOMC) meeting. This meeting is a critical one. There is a general expectation that the Fed will finally pause historic rate increases at this meeting. To illustrate the point, a May 23rd Forbes...

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Did You Start a Business? financial planning for entrepreneurs May 30, 2023

by Glenn J. Downing, MBA, CFP®

Congratulations!  You did it!  You launched a new business, worked you’re a** off, and now have a going enterprise.  It wasn’t there before – it exists because of you and your team.  A huge accomplishment, and something of...

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Cash is Still King! financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals May 24, 2023

by Glenn J. Downing, MBA, CFP®

There's a lot of financial stress out there - we hear it from our clients.  People who don't have a financial worry in the world are afraid.  And, given two high profile bank failures recently and the release of the Durham report last week, I suspect...

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Financial Planning for Attorneys financial planning for attorneys May 15, 2023

by Glenn J. Downing, MBA, CFP®

One of our specializations here at CameronDowning is financial planning for attorneys.  We love working with lawyers!  As a rule, they keep appointments, provide documents as requested, understand paying professional fees (after all, they charge such...

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Is an IRA Rollover Right for You? financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals May 09, 2023

How to get a big pay hike

If you want a big pay hike, sometimes the only way you're going to get it is by jumping ship to a new employer who values your skill set and experience and is willing to pay for it.  Otherwise you may have to settle for an annual cost of living increase. People...

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Fed Funds Rate Beginning to Stabilize. Morningstar - Rate Cuts On The Horizon Apr 28, 2023

As we enter May of 2023 the stock market is up on the year, despite the banking crisis we've experienced in the last couple months. The failure of First Republic Bank, which was taken over by banking giant JP Morgan Chase, was no surprise as the bank had been on life support ever since...

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Retire at 60? Mar 30, 2023

So Glenn – Can I retire at 60?

This is a tough one.  Lots of people want to retire early, and for various reasons.  But there are lots of moving parts to this.  Let’s break it down a bit. 

Where will you get health insurance?

This is your very first consideration,...

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The Silver Lining of Bank Troubles financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals Mar 29, 2023

No More Revenge Spending

There’s a new term out there – revenge spending.  When people were hunkered down during COVID, they couldn’t go out to spend.  When things opened up, people took their revenge on the lockdowns and spent like never before.  And the...

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On Getting Older: Can I Live Without Credit? financial planning for retirement Mar 28, 2023

As I’ve noted elsewhere, it used to be that if a man wanted to impress a woman, he’d flash a bankroll.  Now she’d likely flee in horror at such Neanderthal-like behavior.  It is the platinum card she wants to see.  On second thought, actually using a credit card...

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SEP for the Self-Employed Mar 28, 2023

Simplified Employee Pension

The Simplified Employee Pension (SEP) is a great way for the self-employed to save for retirement.  There are several ins and outs with a SEP, and I want to go over the main ones.  My focus is on the self-employed, as the SEP rules are different for the...

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