Preparing the Next Generation: Three Keys to a Long-Term Mindset
Category: Financial Planning
How do we prepare our young people to lead and do it quickly?
The Joy of Generosity
Category: Financial Planning
In my experience, the joy of generosity is not dependent on monetary value or other objective measures of size or significance. Generosity done well always has the potential to bring joy to both givers and receivers.
What I Have Learned From My Journey of Generosity
Category: Financial Planning
Being generous is a practice that seldom is mastered, takes continuous practice, and must be learned over and over again.
Why should you have a budget?
Category: Financial Planning
The word, budget, can induce fear and anxiety for some people. But I would argue that creating a budget and being disciplined in the process creates more freedom and flexibility than the alternative.
Money, Happiness, & Meaning
Category: Financial Planning
We’ve all heard the adage, “Money can’t buy happiness,” but the truth is more nuanced. Let's dig into the research.
Have You Come to Terms with the Reality of Your Retirement?
Category: Financial Planning » Behavioral Finance
People come to terms with the fact they will one day retire. Maybe not in the next year or two but sometime in the next five. Often, it’s a reality they’ve been denying.
How to Use Your Deferred Compensation Plan
Category: Financial Planning
For most of us, it’s that time of the year when we make benefits elections for next year. These are important decisions.
Event Replay: Generosity. More Than One Way to Give. More Than One Way to Get Started.
Category: Financial Planning » Charitable Giving
What does generosity mean to you? Foster Group Founder Jerry Foster and his wife, Nancy, share stories about starting small and finding causes they believed in. Hear how you can discover and develop your unique generosity framework.
Psychology and Wealth
Category: Financial Planning
The different ways people react to and treat wealth and finances is fascinating. Although not everyone can be put in a box, there are five main personality types when it comes to psychology and wealth: Neuroticism/Emotional Stability, Conscientiousness, Agreeableness, Extraversion, and Openness.
Give. Laugh. Love.
Category: Financial Planning
Legacy is a strange topic. We all think about it, but it means something different to everybody. How do you want to be remembered?
Three Ways to Teach Kids Important Financial Skills
Category: Financial Planning
Whether you’re a business owner or not, here are three ways to start talking about money and building financial skills with your children or grandchildren while they’re young.
Three Commonly Missed Opportunities by Executives
Category: Financial Planning
I’ve had the opportunity to work with a number of executives over the years and have found some commonly missed financial opportunities.
Financial Health in the Prime of Your Career – It’s Time for a Check Up!
Category: Financial Planning
You’ve been working for several years now – you’re earning, saving, paying down debt, investing, and giving. What’s next?
Retirement Planning: Understanding Your Options | Financial Perspectives
Category: Financial Planning
Retirement planning can seem daunting, but it doesn’t have to be. This week, Matt Moklestad and Geoff Christy from Foster Group's Institutional team have a conversation around the retirement plan landscape: what are common questions and what possible actions could you take regarding your plan.
Have You Considered a Cash-Balance Plan?
Category: Financial Planning
Many business owners are looking for more tax-friendly ways to save for retirement. A cash balance plan could be the answer.
Making Sense of SECURE Act 2.0 | Financial Perspectives (In a Minute)
Category: Financial Planning
The SECURE Act 2.0 includes 90+ provisions designed to help savers and people in or near retirement. This week, Matt Moklestad highlights some of the key changes from the act.
Balance Sheet Liquidity: What Is It? How Do I Approach It?
Category: Financial Planning
I am extremely fortunate to work with many different types of clients. Some of my favorite clients are the owners of privately owned businesses. There are always opportunities to have conversations that go well beyond managing investments.
Secure Act 2.0 Offers a New Retirement “Lost & Found”
Category: Financial Planning
A few weeks ago, my colleague, Matt Moklestad, shared a blog about 8 changes from the SECURE Act 2.0. While many of the changes in this legislation are beneficial for employers, there is a lot in this act that is also going to be very beneficial for plan participants.
Hiring a Financial Advisor May Improve Your Odds of Success
Category: Financial Planning
Over the years, I have found it helpful to hire experts to do things or guide me through areas of life which are too difficult or time consuming. Hiring a financial advisor may be just what you need in 2023.
Brock Purdy and the Importance of Inconsequential Decisions
Category: Financial Planning
One seemingly small decision that no one thought would matter made a significant difference for the Bay Area team and its fans...
Setting the Stage for Financial Health Early In Your Career
Category: Financial Planning
Earning your first paycheck is an undeniably exciting time. But do you know what to do with your pay? With three key steps, you can build good financial habits early.