Tickle Me Elmo, Troll dolls, Pokemon Go, Fidget Spinners. What do these things have in common? They were fads that caused an uproar then died away just as quickly. Many times we can spot a passing trend a mile away, but sometimes--especially with kids--it’s easy to get caught up in the excitement and give in. When that happens, we can usually just laugh it off. It probably didn’t cost us much and we can get over the 10+ fidget spinners in various colors littered around the house (speaking … [Read more...]
Are You Saving Enough Money To Retire On Time?
When do you want to retire? Maybe a “soft-retirement” into part-time consulting at 50? Or a more traditional 65, or maybe even 70-ish if you love your work. My guess is that you already have a retirement bucket list and are dreaming about reaching this milestone. But a dream isn’t going to get you anywhere in the real world if you don’t put some muscle behind it. Have you crunched the numbers and figured out how much you need to save to retire when you want to? (*hint: Try our simple tool … [Read more...]
No More Excuses: It’s Time to Gain Control of Your Money
If you were to create a list, in order of importance, of the different parts of your life, where would “getting your financial shit together” fall? If you’re like most of us, building a sound financial house is probably near the top, especially if you have a family that relies on you. Unfortunately, our behavior rarely matches up with our intentions, and we all know good intentions + no action = road to hell, right? Recently, I had a discussion with a client about why this happens. We all … [Read more...]
Is Your Fear of Investing at the Top Costing You Money?
Are the recent news reports of all-time stock market highs keeping your money on the sidelines? When you peek at your bank account and see your hard earned money stacking up in your savings, it feels good, right? But, could keeping those extra Benjamins in your account be costing you money in the long-run? The answer is yes. When your cash is sitting on the sidelines, you are not making the most of your investment opportunities. Putting your idle cash in play can significantly increase your … [Read more...]
The Biggest Lie Your Financial Advisor Has Told You
How would you feel if I were to tell you that your whole investment foundation was built on a lie? The thing is, it’s not a blatant lie. It’s a simple philosophy that many of us subscribe to without realizing how false it is and how damaging it can be to our investment future. Here’s the big fat lie that many advisors tell their clients: The performance of your investments is the key factor in a successful retirement strategy. See? It seems harmless and common sense, but it’s far from … [Read more...]