In retirement savers don’t know how to spend.

In retirement savers don’t know how to spend.

Within my financial planning firm, I have a platinum group of clients who saved their entire working life for the future.  Their drive to save and be financial secure superseded any and all impulse buys, and drift from their budgets . As they enter their first several years of retirement their greatest challenge facing them is…

Financial Planning is for the Now and the Future.

Financial Planning is for the Now and the Future.

After reading the article, “The value of planning for now” by Carolyn McClanahan, I was not sure if this was new. Financial planning needs to be done for everyone at all stages of life, not just those who have enough investable assets to hit the minimums required. As I meet with clients a common obstacle that…

Millennials’ Student Debt is negatively impacting the Baby Boomers.

Millennials’ Student Debt is negatively impacting the Baby Boomers.

Student debt has multi-generational impact on financial wellness: by Sheryl Smolkin at Retirement Benefit Adviser. Today the new conundrum facing many parents is: Do they save for their children’s college education now or wait and help them with their student loan debt later? Saving now, for college education may mean holding off on a vacation or buying a new car….

News flash: It appears Prince didn’t have a Will:

News flash: It appears Prince didn’t have a Will:

Prince died without a Will, According to Court Documents Filed by His Sister. What does Prince have to do with financial planning?  Well everything. For an artist who was reported to  have complete control over every part of his life and music, Prince passed away without a plan for his death.  Like all of us, Prince didn’t…

Penny wise, pound foolish

Penny wise, pound foolish

As a CFP®, I work with clients everyday guiding them through the process of finding the balance between spending and saving.   The British saying, “Penny wise, Pound foolish”, means, watching your pennies and ignoring your dollars. While it is important to respect your budget, there are things in life which you need to maintain for…