The thing that encourages me the most about being a fee-only advisor, without the ability to sell commission-based insurance or investment products, is that we can focus on providing the most knowledgable advice for the client. Too often I see…
Social Security is a very well run organization, contrary to most people's belief. They are highly ranked as a customer friendly organization, but they are not designed to assist the beneficiary of Social Security in receiving the maximum benefit from…
I laugh every time I hear someone say "Social a Security is not going to be there when I retire...that it is bankrupt... nothing but a Ponzi scheme that is doomed". Well, it is a Ponzi scheme, but with two…
I see the Light of Retirement You are scheduled to retire on July 1st 2015, and the excitement is building, but before you get too excited make sure you have your bases fully covered. Before retiring consider 4 key issues,…
Regardless of the positive trend of the U.S. economy, the threat of being a victim of company downsizing keeps many Americans awake at night pacing, wondering; Am I next? Can my family survive the loss of income? How can I…
Stated simply, if you have cash in banks or assets in taxable brokerage or mutual fund accounts, but you do not have a Roth IRA, you are missing a tremendous opportunity. This article can end on the power of that…
According to a CNN report, 49.9 million Americans were without medical insurance in 2010. To seal the gap between those insured and uninsured the government signed the Affordable Care Act that requires every American to be covered by medical insurance…
When first entering the practice as a personal financial advisor I thought I understood financial decision making. It was easy: 1 plus 1 equals 2; add another 1 and we get 3. Financial Planning was logical and straightforward economics. If…
The Bill of Rights assures and protects therights of every American citizen. But did you know that you have a second Bill of Rights, one that protects you as a taxpayer? What’s more, the Taxpayer’s Bill of Rights contains ten…
One of the most common financial questions we receive at The Financial Consulate is, “When is it best to borrow money versus using existing savings?” Oftentimes those in the business of providing financial advice will recommend borrowing money whenever you…