-
Series I Bonds – A Positive Development From the Inflation Spike
Last month we wrote an article about the current inflation spike and the pain it is inflicting on your monthly spending. The higher cost of living can be attributed to a combination of supply chain issues causing demand to exceed supply for goods, and a shortage of workers due to COVID and demographic trends. Inflation…
-
Mutual Funds are the VHS of the Investment World
When I started my career in financial planning way back in 1986, mutual funds were the best way to provide clients a well-diversified investment portfolio. The creation of mutual funds allowed clients of more modest wealth the opportunity to invest in a broad basket of stocks and bonds with professional management, which really opened investing…
-
Ants & Grasshoppers – an Aesop’s Financial Fable
Aesop was a Greek storyteller who lived 2500 years ago and is known for his “Fables” or short stories that usually have some moral associated with them. While many of what are now considered “Aesop’s Fables” are nothing like what was originally told, the morals behind the stories still have relevance today. One of the…
-
Hot Off the Press – Important Tax Numbers for 2021
As 2020 winds down, we start to look towards planning for 2021. Hopefully, next year will be a little more normal and the COVID pandemic will start to ease and the economy can recover. While we do not know how 2021 will unfold, we do know what some of the tax thresholds will be, as…
-
The COVID Crisis has Caused a College Planning Crisis
This year has been one like no other. The COVID pandemic has turned our everyday lives upside down, caused the tragic loss of over 200,000 lives, cratered the economy and ruined people’s financial plans. While not having as significant an impact as losing your job or not being able to pay your bills, your college…
-
Your Financial Plan Is Not Finished Unless Your Estate Plan is Up-To-Date
Estate Planning is an essential component of your overall financial plan. It allows you to gain more control over aspects of your life both during your lifetime and after your death. Unfortunately, we see the estate plan as one of those items that clients often don’t want to deal with. In fact, 6 out of…
-
Strategies for Staying Afloat During the Coronavirus Pandemic
The Coronavirus Pandemic has turned out to be a once in a generation event that has affected millions of people worldwide both physically and financially. This pandemic has essentially shut down the United States economy putting millions out of work and causing a recession if not a potential depression. For those of you that have…
-
Three Tax Savvy Charitable Giving Tips
There are many reasons for why people give to charity. Some give to share their good fortune, others as a way to remember or honor loved ones, and still others may give to support a particular cause or mission. While there are tax benefits to making charitable donations, rarely is that the reason for the…
-
Market Update – Coronavirus Fears Cause Market Correction
The stock market has continued to slide as fear and uncertainty outweigh economic and business fundamentals. Although the decline in stock prices has been rapid, the 13.5% drop in the S&P 500 (at this writing) since its February highs puts it in correction territory, not bear market territory, and is similar to past corrections. Fresh…
-
2020 Brings Several Financial Changes
The start of the New Year typically brings changes to several important financial thresholds. For example, your Social Security benefits have been increased as have the amount you can put away in your 401(k). Highlighted below are some of the important changes for 2020: IRA Contributions: The amount you can contribute to your IRA in…
Financial planner carlsbad
We’re here to simplify
your financial life.
If you’re ready for a team that fully coordinates your planning, investments, estate and taxes, let’s connect.