July 20, 2017

Consumers are seeking fiduciaries, one who works in the best interest of the consumer with no consideration to themselves, in larger numbers than ever before.  Why? People want to be confident the advice they receive from professionals is in their best interest.  The f...

October 3, 2016

Social Security announced the 2017 cost-of-living adjustment (COLA) for next year will be 0.3 percent.  The announcement also stated the maximum amount of earnings subject to the Social Security tax will increase from $118,500 to $127,200 effective January 2017.

The goo...

July 20, 2016

Many people are simply not prepared to pay the bill for an expensive nursing home or assisted living facility.  According to a survey conducted by Genworth, the current median yearly cost for a private nursing home room in Iowa is about $73,000 a year and the national...

May 18, 2016

Parents often ask me how to teach their kids to manage their money.  My answer is simple.  No mater your age, people learn best by doing, not lectures.  The best action parents can take is to facilitate a safe environment where your children make age appropriate financ...

March 16, 2016

Many from Generation X have quietly waited their turn in the shadow of Baby Boomers.  But, the Millennials showed up on the scene and now they seem to get all the attention.  Even the financial industry is leap frogging over Generation X by shifting their services to b...

February 11, 2016

Debt-free home ownership is a long held financial goal for many Americans.  New homeowners are ingrained with the rule you must pay down your mortgage as soon as possible.  And, paying off the mortgage is typically a high priority goal for most retirees.  But, with the...

January 5, 2016

If you are like most from Generation X, it seems like just yesterday you were attending your favorite movie as a teenager.  Top Gun, Ferris Bueller’s Day Off, and the Karate Kid 2 (not 1, but 2!) debuted in 1986.  You may remember the cost of a movie ticket was about $...

October 7, 2015

According to the Transamerica Center for Retirement Studies, 90% of stay-at-home parents are married, cohabitating, or in some sort of partnership. Of all stay-at-home parents, around half do not have any sort of financial retirement savings in place. 

A fairly simple w...

September 8, 2015

Getting started as an investor may seem daunting when just starting out after college with student loan debt and bills piling up.  There can be a tug-of-war between saving for short-term emergencies versus repaying student loan debt versus paying your monthly bills and...

September 1, 2015

The ABLE act (Achieving a Better Life Experience) was signed into Federal law at the end of 2014 and brings with it a new savings vehicle for families with disabled children or adults.  The act amends the current 529 college savings plan to include tax-exempt 529A savi...

Please reload

Recent Posts

April 7, 2020