Monthly Archives

November 2016
Posted By: CFP&WM On: Nov 1st, 2016 In: Money Matters Comments: 0

In Whom We Trust


    A new federal rule is about to shake up the business of retirement financial advice

    For a sense of how fungible the label “financial adviser” has become, talk to Mike Chamberlain of Chamberlain Financial Planning & Wealth Management, which has an office in Sacramento. “’Financial services industry’ is a very broad term,” he says, “and I don’t like

Posted By: CFP&WM On: Nov 23rd, 2015 In: Money Matters Comments: 0

8 Steps to Take When You’re 5 Years From Retirement

The closer you get to retirement, the more critical it is that you do all you can to secure your financial future.

If you’re only five years from retirement and haven’t made significant progress toward your planning and saving goals, it might be too late to fund the retirement of your dreams. You might have to work a few …

Posted By: CFP&WM On: Nov 23rd, 2015 In: Money Matters Comments: 0

Avoid Problems With Socially Responsible Investing

Socially Responsible Investing is a big deal as more and more investors are wanting to “do good” with their investments at the same time as building their nest egg to fund their goals. However, all that glitters is not gold.

When it comes to Socially Responsible Investing (SRI) there are several potential problems of which every investor should be cognizant:…

Posted By: CFP&WM On: Nov 12th, 2015 In: Money Matters Comments: 0

8 Steps to Take When You’re 10 Years From Retirement

Published on NerdWallet

If you’re a decade or so from retirement, chances are you’ve spent lots of time envisioning what life will be like once you stop working. If you haven’t done a lot of planning, perhaps you’re worried about whether you’ll be financially prepared. Fortunately, a decade is plenty of time to alter your trajectory if necessary.

Ten years …

Posted By: CFP&WM On: Nov 10th, 2015 In: Money Matters Comments: 0

8 Steps to Take When You’re 20 Years From Retirement

*Published on NerdWallet

Even though retirement is still 20 or more years away for workers in their 40s, it’s a critical time in planning for their future needs.

For most people, the 40s mark the beginning of their prime earning years. At the same time, they may face mounting expenses at home. Paying for their children’s education becomes a major …

Posted By: CFP&WM On: Nov 3rd, 2015 In: Money Matters Comments: 0

How to Avoid 5 Common Mistakes When Saving for Retirement

*Published on NerdWallet

Longer life spans and the disappearance of pensions make individual savings critical to retirement success. An individual retirement account — a 401(k), IRA or 403(b) — will be the biggest asset most people have when they stop working. Any major setbacks with these accounts could plague these investors throughout their retirement years.

In particular, improperly balancing your …

Posted By: CFP&WM On: Nov 11th, 2013 In: Estate planning Financial planning Investing Money Matters

Gifting Appreciated Securities: A Win-Win-Win Scenario

With the holidays and year-end quickly approaching, now would be a good time to discuss an alternative to a cash charitable donation.

While it’s certainly worthwhile when you drop your loose change into the Salvation Army kettles, there can be more tax beneficial ways to gift larger amounts.

I recently had the opportunity to speak with Laura Scharr-Bykowsky, CFP®

Posted By: CFP&WM On: Nov 6th, 2013 In: Financial planning Money Matters Taxes

Will the New Net Investment Income Tax Affect You in 2013?

The Net Investment Income Tax (NIIT) came about as a result of the government’s health care reform act. The NIIT assesses a 3.8% tax on specific net investment income and went into effect at the beginning of 2013. As the end of the year approaches, it is a good time to determine if you are impacted by this new tax.…

Posted By: CFP&WM On: Nov 4th, 2013 In: Investing Money Matters

Business Development Companies are an Investment Option with High Dividends

In this low interest rate environment many people are looking for opportunities to collect higher payouts. Business Development Companies (BDC) are a rather rapidly expanding area that may well be worth considering but only with the understanding that higher returns only comes with higher risks.

A BDC is similar to the better known venture capital or private equity fund in …

Posted By: CFP&WM On: Nov 28th, 2012 In: Insurance/risk mitigation Money Matters

Shopping for Medicare Part D Drug Plan 2013

Many Medicare beneficiaries are not aware that the open enrollment period for the Medicare Part D Drug plans is happening NOW. You have until December 7th to determine if it is to your benefit to change plans, which could save you money.

Why shop for a Part D plan?

There are many reasons you cannot assume that the plan …