Married Couples: 6 Savings Strategies

We work with a lot of couples to help them plan for their long term goals.  In some cases, we work with couples who keep their financial lives separate.  Often this is the case with newlyweds who have yet to…

How to Prevent a Retirement Hangover

Take 2 of these and call me in the morning. Retirement is something that our culture aspires to and dreams about.  The vision of trading in your 9 to 5 (or longer) workdays for days on the beach or golf…

What’s Your Retirement Income Strategy?

Traditionally retirement income has been thought of as a three legged stool where income consisted primarily of Social Security, Pension income, and withdrawals from personal savings. This picture has changed dramatically over the past 50 years as most employers have…

Financial Dilemma: Cutting Expenses

As Americans, we hate to budget. Spending money is so much more fun, but imprudent spending can put us in all kinds of trouble. I am always a proponent of using a pay yourself first strategy.  Setting aside a specified…

Retirement: What’s your magic number?

A few years ago there was a popular commercial about retirement. The ad featured people walking around town with their “number” over their heads.  The number reflected how much they needed to save in order to retire.  The commercial was…

Can my 401k be too big?

As financial advisors one of our primary goals is to coach our clients to save and invest, while directing those savings to the most beneficial accounts possible. In the modern era that typically means saving as much in your 401k…