As a healthcare professional, you understand that the treatment programs you deliver are based on a thorough analysis of your patient’s symptoms, pre-existing conditions, and health risk factors. Yet, your long-term financial wellness is often put on the line. In addition to your unique financial challenges, as a physician, lack of time is likely part…
We understand. Personal Financial Planning or investing in the stock market can be ambiguous, uncertain, and stressful. You could follow a DIY (Do It Yourself) YouTube video to remove your toe or fly an airplane but what happens when you can’t stop the bleeding, or the weather turns dangerous? You should be working alongside an…
Over the past several years headlines have been rife with stories and examples on how the next generation is changing the rules for everything. Why would the investment world be any different? As the Baby Boomer (1946 – 1964) generation ages, we will begin to witness what is being called the Great Wealth Transfer. The…
Estate Planning may appear frightening and complicated. While it may not seem urgent to put an estate plan in place while you are alive or healthy, you want to protect and plan in your financial best interests. The stress of indecision could put unnecessary pressure on your family during an already difficult time. Not having…
Are Your Annuities Holding You Back? What you need to know about keeping, surrendering, or exchanging your annuity. Annuities can be a controversial subject. In the financial world, it seems you fall into one of two camps; you either love annuities or you despise them! An annuity is a financial tool just like any other.…
This month we celebrate the 4th of July, which commemorates our country’s Independence Day. How much thought have you given to achieving financial independence lately? Financial Independence means that you’ll have enough money to live on without relying on your employer, your family, or the government! Sometimes referred to as FIRE (Financial Independence, Retire Early),…
We are always looking for new ways to improve our services and enhance your client experience. In 2019 we added electronic DocuSign technology to our practice for all client paperwork. In stride with that commitment we have now added a secure document storage and file sharing solution called Aventine SmartVault to our firm’s resources. Why Aventine SmartVault? 1. Accessibility:…
Last week, the largest and most extensive economic relief effort in American history was signed into law: the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. This $2.2 trillion-dollar stimulus was designed and passed to provide economic relief to Americans financially impacted by the COVID-19 pandemic. This legislation touches all areas of the economy,…
The SECURE Act, an acronym for the “Setting Every Community Up for Retirement Enhancement,” was approved by the House of Representatives in May 2019, but stuck for months in the Senate until supporters pushed for the bill to be included in the must-pass year-end 2019 package. Since its passage, the media and financial world have…
Roth IRAs are an attractive retirement planning tool since they are structured to afford tax-free growth and withdrawals. In addition, they don’t require the account owner to take Required Minimum Distributions (RMDs). The IRS (Internal Revenue Service) places restrictions on the availability of such attractive perks in the form of income limitations. High-income earners whose…