Emotional spending is the act of spending money on things that you don’t necessarily need, because the items or act of spending makes you feel good. Sometimes, we emotionally spend because something stressful is going on in our lives, like job difficulties, a divorce, etc. …

A Registered Investment Advisor (RIA) is a financial firm that provides their clients with best-in-class financial advice. They are advisors who have a fiduciary duty to act in their client’s financial best interests and can help parse through a client’s individual situation to determine the best course of action.

What Is an RIA?

An…

When money is tight, it can be tempting to want to pull out money from retirement accounts. When retirement seems far away and you need the money now, withdrawing from your accounts early may seem like the right decision. …

Prioritizing saving overspending will help you get the retirement you’re after. But, what if you’re already in debt and are now planning out your retirement? Here are some steps to help get out of debt before retirement.

Create a budget

‘Budget’ doesn’t have to be a four-letter word. It’s one of the best…

An inherited RIA requires you to take annual distributions no matter your age, but there are different rules depending on your relationship to the late account holder and how old they were when they passed. We break down some of your options.

Your options when you inherit an IRA from your spouse

There are several options for you if you…

Holidays look a little different this year, but that doesn’t mean you can’t stick to your budget. Every year the increase in only holiday shopping increases, but this year it’s expected to increase by unprecedented amounts. Due to COVID-19 and statewide restrictions, many are choosing to shop online this year…

No one likes thinking about end-of-life situations, but it’s essential to take care of some necessary items to make things easier on your family when you die. It will save a lot of heartache and time on your loved one’s part if you have everything in line.

Have a will in place and update it accordingly

Making a will…

If you’re a senior or nearing retirement age then your financial needs will differ from those who are in their 20s, 30s, or 40s. It’s important that you find the right advisor to suit your individual needs.

Can all financial advisors be senior financial advisors?

It’s true that most certified financial planners have experience with retirement planning regardless…

The 2020 US presidential election has already had effects on your finances. It’s important to be prepared for any potential financial changes that could come with the presidential elections and how to prepare for them.

Are my investments in the stock market stable?

Generally in the year leading up to presidential elections, the market tends to show a…

2020 has been a difficult year for many American’s finances. However, mortgage rates keep falling to record lows. When should you refinance your home?

Mortgage rates are falling at a record pace due to COVID-19

The COVID-19 pandemic has caused mortgage loan rates to fall pretty dramatically. Throughout the course of 2020, mortgage rates have hit a record low four times…

Senior Finance Advisor

Your retirement planning resource. We connect individuals, seniors, retirees and families to local investment and financial advisors. Call today: (888) 346–0211

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