In our debt-filled society, I occasionally get the refreshing question from younger clients or friends, “My wife/husband and I are fairly cash flow positive and want to put money aside for our retirement and education goals, however, we are unsure of how or in what vehicles to save. Can you help us?” I like to [...]
Archive for March, 2010
“How Should I Save?”
Posted in Credit/Debt, Education, Employment, Investments, Medical & Health Issues, Retirement, Savings, Taxes, tagged 401(k), college, credit card debt, diversification, emergency fund, lifestyle risk, retirement plan, Roth IRA, saving, traditional IRA on March 31, 2010 | 3 Comments »
How to Develop a Comprehensive Financial Plan
Posted in Education, tagged asset protection, cash flow, Estate Planning, financial plan, Insurance, investment management, tax planning on March 30, 2010 | 3 Comments »
For my family, and many like ours in my home state of Minnesota, March is well known for the plethora of hockey offerings it affords us. The NHL playoff race is heating up, the college hockey league tournaments and “Frozen Four” brackets begin to take shape and, maybe most importantly to the legions of hockey [...]
The Small Business Owner’s Secret Weapon
Posted in Education, Employment, Investments, tagged business coach, E-Myth, E-Myth Revisited, entrepreneurs, healthcare, International Coaching Federation, life coach, small business, small business owners, unemployment, Worldwide Association of Business Coaches on March 29, 2010 | 2 Comments »
No question about it … times are tough for many small business owners. Difficult access to credit (especially unsecured credit), concerns over sky-rocketing healthcare costs and the seeming inability of Congress to craft workable health insurance reform along with rising private sector unemployment is straining the sanity (and savings) of many entrepreneurs and small business [...]
Financial Planning for Entrepreneurs & Executives: Your Financial Plan as a Strategic Plan
Posted in Education, tagged financial plan, mission statement, strategic plan, SWOT analysis on March 26, 2010 | 2 Comments »
I’ve worked with dozens of business owners and executives as clients who have a really solid grasp on the companies that they are responsible for, but unfortunately that control often ends when they leave the office. At home, they may feel that they don’t have the time, energy or resources to invest in steering the [...]
What To Do With My Inherited IRA
Posted in Education, tagged beneficiary, Individual Retirement Account, IRA, Required Minimum Distribution on March 25, 2010 | 75 Comments »
Recently I was contacted by a client who had inherited an IRA from her dad who recently died unexpectedly. The IRA was a real gift to her at this time in her life because she was currently unemployed for the past year, had used up all of her retirement savings in her 401k plan, was [...]
March Madness
Posted in Education, tagged gambling, March Madness, NCAA basketball tournament on March 25, 2010 | Leave a Comment »
Get game, without going mad It’s time for the sweet sound of sneakers squeaking, balls thumping, nets swooshing, and crowds cheering the final second buzzer beating baskets that will take 65 college teams to the Sweet 16, Final Four, and ultimately to the NCAA basketball championship. With the Olympics so yesterday, and The Masters and [...]
Would You Like to Be Happy, Healthy and Rich?
Posted in Education, tagged 20/80 rule, financial wellness, health, life to do list, wealth on March 23, 2010 | 3 Comments »
If your answer is no to these three fundamental aspirations, then please go ahead and join the doggy downers club and have a ball. If you think they sound like something you’d like to experience, then stick around for our health and wealth “to do list”. After co-authoring a couple of books on money, I [...]
Prepared for Financial Emergencies
Posted in Education, tagged consumption, emergency nest egg, personal savings on March 19, 2010 | Leave a Comment »
There is a heartening change that we are observing today, an event that is truly national in character. At the bottom of the financial abyss, we single-handedly turned around our personal savings for the first time in 12 years. The chart (Dept. of Commerce publications data) below expresses this turnaround emphatically. It is the [...]
Ac-Cent-Tchu-Ate the Positive
Posted in Credit/Debt, Investments, tagged bad news, credit default, debt catastrophe, financial markets, financial planning, future, great recession, hard times, health care, technology innovation on March 18, 2010 | 1 Comment »
I’ve just come back from a wonderful week in beautiful Savannah, Georgia and had a chance to visit the Mercer mansion there. Johnny Mercer, a Savannah native and legendary contributor to the Great American Songbook, wrote a hit song back in 1944 called “Accentuate the Positive, Eliminate the Negative –and Don’t Mess with Mr. In [...]
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Bloggers
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Lee Baker, CFP®
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Rick Kahler, CFP®, MS
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Robert Schmansky, CFP®
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Francis St. Onge, CFP®
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Karin Maloney Stifler, CFP®, AIF®
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Somnath Basu
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Sam Hull, CFP®, ACC
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Chip Workman, CFP®
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Saundra Davis
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Gelasia Steed, CFP®
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Aaron Coates, CFP® CIMA
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Michael Snowdon, CFP®
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Pamela Sandy, CFP®
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Mike Branham, CFP®
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Edward W. Gjertsen II, CFP®
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Constance Stone, CFP®
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Andrew B. Chou, CFP®
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