Most people have heard of 401(k) plans- a tax advantaged way for employees of larger companies to save for their retirement. As traditional employer-paid pension plans have declined in usage, 401(k)s have become one of the most popular retirement benefit choices. A Solo 401(k) (also...
There are many ways that personal information can be compromised. We see reports of a new company data breach every few weeks. Unfortunately, there isn’t much individuals can do to protect themselves from these sorts of breaches, but there are ways to protect your information...
With the changes to the tax code in the 2017 Tax Cuts and Jobs Act, many people who previously were able to take advantage of the charitable deduction through itemizing find that they no longer can do so. However, for clients who are over...
The behavioral economist Dan Ariely has written extensively on the power of free things. “In many past experiments we have shown that people are often overly excited about things that are free (see Predictably Irrational).” He wrote a blog in 2010 where he...
A lot has been written about what financial planning is. Everything from who could benefit from a financial plan, the process, the types of problems that can be solved has been talked about over and over. There are still misconceptions out there about financial planning,...
With the new year upon us, many people start thinking about their health and finances. The two are actually intertwined and very similar. A visit to a financial planner early in the year can set you up for a financially healthy 2019. As a CERTIFIED...
On average, Social Security replaces about 40% of pre-retirement income, making it an important part of retirement planning. As financial planners we are often asked how Social Security works, how it is calculated and the type of claiming strategy we recommend. We wanted...
Real estate agents have financial obstacles and opportunities due to the very nature of how they are paid. Uneven cash flow and being self-employed can make saving for retirement difficult. Most realtors don’t have the advantage of a retirement plan sponsored by their employer and...
We are pleased to announce that Jennifer Sokolowski and Robert Sokolowski have successfully passed the rigorous CFP® examination! ...
Many generalizations have been made regarding the differences between millennials and prior generations. As a millennial myself, I think we often get a bad rap when our generation’s tastes and preferences are extrapolated out into sweeping statements designed to be click-bait headlines. How many articles...