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...

Continue Reading...
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...

Continue Reading...
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...

Continue Reading...
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...

Continue Reading...
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...

Continue Reading...
FDIC Insurance Explained financial planning for attorneys financial planning for entrepreneurs financial planning for retirement Mar 20, 2023

With all the goings-on at the Silicon Valley Bank, I thought I’d do a post on FDIC insurance since the topic has come up in a few client phone calls lately. 

The Federal Deposit Insurance Corporation insures bank deposits up to a $250,000 limit per registration per bank.  Let me...

Continue Reading...
Warning to S Corporation Owners! financial planning for entrepreneurs financial planning for retirement Mar 20, 2023

Tax Reasons for the Subchapter S Election

There are lots of great reasons to organize your business as a corporate entity with a Subchapter S election.  You have limited personal liability, flow-through of net income, ability to take a Section 199A deduction, and ability to, as the owner,...

Continue Reading...
So Goes January, So Goes The Year financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals Feb 16, 2023

 

January of 2023 kicked off with a bang. We’re in the midst of a stock market rally that we haven’t seen in over a year.  The market rose, and rose, and kept rising – all in the last 8 weeks.  We’re far from all-time highs, and expect that to be the case...

Continue Reading...
The Bull Case for the Stock Market financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals Sep 14, 2022

Have we reached a stock market bottom yet? 

"Are you kidding me? After the big price drops we've seen the last few days?"

We get it. Pessimism is popular right now. But here we give you an optimist’s case for the market:

Look at the three major stock market benchmarks – the Dow...

Continue Reading...
Why 2022 is not like the 2008 Financial Crisis financial planning for attorneys financial planning for entrepreneurs financial planning for retirement financial planning for young professionals Jul 12, 2022

By Jonathan Cameron, CFP®

We have not seen a prolonged stock market decline like this since 2008! The year 2022 has been an awful year in markets. You don't have to go far for the media to remind you of this every hour on the hour. But this is not 2008, of course. Here's what you need to know...

Continue Reading...
My Deepest Condolences. You've Lost Your Spouse. financial planning for retirement Aug 04, 2021

By Glenn J. Downing, MBA, CFP®

We all know it is coming – that at one point Till death us do part becomes a reality.  What a sad time - someone dear to us has gone away, never to return, and will be missed greatly. 

Do Nothing Until You Really Need to

As a financial planner, I...

Continue Reading...
When Oh When Can I Retire? financial planning for attorneys financial planning for retirement Jul 27, 2021

By Glenn J. Downing, MBA, CFP®

You want to retire in a few years, right? And you know you haven't saved enough.  But there are bills to pay, and at the end of the month there’s nothing left.  In fact, there’s often a shortfall.  What can you do?

 Short...

Continue Reading...
1 2 3 4 5 6 7