by Glenn J. Downing, MBA, CFP®
Why do financial planning?
Short answer: because no one can hit a moving target. The financial plan informs all financial decisions: how to invest, what to save and where, and what insurance should I purchase or drop.
What should I expect when I come in to see...
by Glenn J. Downing, MBA, CFP®
Do you have a Flexible Spending Account available to you through work? These can offer tremendous tax savings. As you do your research, note that FSAs are of two sorts: The Healthcare FSA and the Dependent Care FSA.
Flexible...
by Jonathan G. Cameron, CFP®
All financial planning begins with cash flow planning – your budget, in other words. Sometimes people recoil from that word - budget. To them the word is fraught with negative connotation: I can't spend! Not in my budget! ...
by Glenn J. Downing, MBA, CFP®
In this post I’d like to give a little history and background on the advice industry. It may not grab you right off as being the most compelling reading, but please stick with it. I have some valuable points to develop. In Part II I go into some of...
by Jonathan G. Cameron, CFP®
One of the most popular ways to save for retirement is in a Roth Individual Retirement Account. Roth IRAs was first made available in 1997, after they were championed by former Senator William V. Roth of Delaware.
What is a Roth IRA?
Tax-wise, a Roth IRA is...
by Jonathan G. Cameron, CFP®
As a Millennial, you are in a unique position to start strong when it comes to your money. Financial planning for millennials looks very different than planning done for Baby Boomers, and requires special attention.
Top 3 Financial Priorities for Millennials
- How...
by Jonathan G. Cameron, CFP®
According to CNBC, there is more than $1.2 trillion in outstanding student loan debt, owed by 40 million borrowers, who have an average balance of $29,000. * Do you have student loan stress?
Do You Have Student Loan Stress?
Large student loan balances can be...
by Glenn J. Downing, MBA, CFP®
Can I Time the Markets? You can certainly try. But remember the expression: one man's ceiling is another man's floor.
When the stock market becomes volatile, people often wonder, Is this a good time to go in? Or should I sell out? ...
Glenn J. Downing, MBA, CFP®
In what should I be invested?
We make no recommendations before completing our due diligence. Only after we have a clear picture of your risk tolerance, income needs, tax situation, time horizon, and cash flow position do we make any investment recommendation.
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by Jonathan G. Cameron, CFP®
Many of my readers participate in an employer's 401k plan. We get a lot of 401k questions at CameronDowning, so here’s a post with some tips to make the most of this fantastic benefit.
401k Plan Basics
The technical name for the 401k plan is an...
By Glenn J. Downing, MBA, CFP®
A flexible spending account (FSA) is an elective benefit offered by many employers. There are generally two types: the FSA for healthcare expenses, and the FSA for dependent care expenses. This is part two of a two-part series. Here I describe the dependent care...
By Glenn J. Downing, MBA, CFP®
A lot has happened in our regulatory world since I posted the original blog piece, The Advice Industry. The DOL rule is void. The SEC is now working on final new rules for standards of client care.
The government regulates this industry –...
