Raising a family and investing for retirement are not tasks that constantly have to be at odds with one another. Today Kevin Foster, CFP discusses how to make the most of your money while raising a family and trying to save for your future retirement goals.
It could be fine to have multiple advisors if these risks and limitations are kept in mind and addressed by having someone to oversee it all. We recently had to address a unique situation in regard to their step-up in basis and issues with a do-it-yourself investor having too many custodians after the passing of their loved one.
All couples fight, even successful ones. But it seems that money can be a particularly sore subject in relationships. Today we discuss why couples may fight over finances and some resolutions to these far too common issues.
In my experience, some financial practices are more transaction-oriented, which means that after a short onboarding process, the advisor gives the client their best ideas about what products they should purchase. Other financial practices are planning-oriented. After a lengthy onboarding process that may include providing the advisor with a mortgage statement, tax return, account statements and insurance policy information, clients …
Have you this year received an invitation in the mail for a fancy steak dinner with a “fiduciary financial advisor?” If yes you may want to review the fine print on that invitation! This episode of Nestology TV Mike discusses why the term fiduciary no longer carries the weight it used to and provides an example where your advisor may …
You can deal with the unexpected rather than letting it ruin your retirement hopes. Today’s episode of nestology TV we take a closer look at a few of the most common problems that people have trouble foreseeing and what you can do to avoid them or handle them when they come up.
Loan requests often come with financial success. While so many focus on the external dangers to their retirement savings. Many fail to prepare for various friends & family who will undoubtedly have a small financial request or the next great business idea. All they need is a little cash from you.
While volatile markets are nothing new, investor reactions are rarely predictable. Today Michael discusses why staying the course in times of volatility has been shown to be your best course of action. *investing involves risk including loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect …
We all know it’s important to save for retirement. Even if you’re saving for retirement, some common mistakes might cause you to run out of money in retirement. Avoiding these retirement savings mistakes can help as you start your road to retirement.
It’s not unreasonable to see a client who had both parents live into their 90’s and with the advances in health and nutrition. We believe they should plan for a retirement plan that includes them living to 100 or longer. On this weeks episode of Nestology TV we discuss living to 100.