Inherit $100 and Advance to Go!
Before taking action on your inheritance, here are three things to consider.
How to Use Your Deferred Compensation Plan
Category: Financial Planning » Retirement Planning
For most of us, it’s that time of the year when we make benefits elections for next year. These are important decisions.
How to Use the Dollars: Building Your Income Stream
Category: Financial Planning » Retirement Planning
Retirement is exciting—but having a well-thought-out distribution strategy could help ensure your money lasts. Let’s explore the key considerations for crafting a smart plan that works for you.
How Much Income Do I Need in Retirement? | Financial Perspectives
Category: Financial Planning » Retirement Planning
How much will you really need in retirement? And how do you make it last? This month, Kent Kramer and Marcus Iwig discuss forecasting expenses, managing investments for income, and handling life's curveballs in retirement.
How Deep Is Your Bullpen?
Category: Financial Planning » Retirement Planning
You can’t have a championship team without a deep bench at your disposal. Foster Group takes the same approach, while we have a dedicated advisory team for every client we also have advisors with various skill sets that we can pull out of the bullpen and into a meeting at the right time.
Hold Still!
Category: Financial Planning » Retirement Planning
Hiking Through the Financial Wilderness
Category: Financial Planning » Retirement Planning
I used to laugh at the TV commercial years ago that stated, “Most people spend more time planning their vacation than their retirement.” It’s funny how your perspective can change with time. Now, I gladly note all details of a personal trip, perhaps as a parallel of my work.
Have You Considered the Realtime Gratification of Warm Giving?
Category: Financial Planning » Behavioral Finance
Consider the value of giving now—reaping the emotional rewards of seeing the impact of your gift firsthand, during your lifetime.
Have You Considered a Cash-Balance Plan?
Category: Financial Planning » Retirement Planning
Many business owners are looking for more tax-friendly ways to save for retirement. A cash balance plan could be the answer.
Can You Ever Have Enough?
Category: Financial Planning » Retirement Planning
There is always more stuff to do or buy. There are always more “what if’s” for which to account. It’s a rare creature who has found contentment in what they already have, a person who no longer searches for the next thing or feels empty because of what they do not have.
Building a Framework for Family and Charitable Gifts
Recently, a colleague and I sat down with a married couple who is on the cusp of making significant wealth transfer and philanthropic decisions that will impact their family for generations to come. Naturally, their first question was, “Where do we start?”
Balance Sheet Liquidity: What Is It? How Do I Approach It?
Category: Financial Planning » Retirement 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.
Are You Really Ready to Exit Your Business?
Category: Financial Planning » Retirement Planning
It’s one thing to turn in the office keys and ride off into the sunset as a former W-2 employee, but what about those who started and built businesses?
Are You Approaching Retirement? It’s Time to Get Your Financial Health in Order.
Category: Financial Planning » Retirement Planning
Planning for retirement can be one of the most daunting financial stages of life because there are so many competing priorities to manage and responsibilities to juggle. Read on for some tips to help you manage it all.
An Executive’s Financial Guide
Category: Financial Planning » Retirement Planning
Our eBook, An Executive's Financial Guide, can help with your road map to retirement, as we show you new ways to make use of your wealth for purposes important to you.
Alphabet Soup
Category: Financial Planning » Charitable Giving
Many industries use acronyms. Financial services are no different: QCD, RMD, DAF, and IRA to name a few. They each have their own rules and guidelines. We enjoy working with clients on a daily basis to help make sense of these terms.
A Rude Awakening — You Need an Estate Plan Today!
Just as the McCallisters left Kevin behind in their rush to the airport, without a Will, Trust, or Powers of Attorney in place, you risk leaving your loved ones unprotected and unprepared when you don't have an estate plan. Don’t delay—make your estate plan today!
A Doctors Guide to Financial Planning Through a Crisis
Category: Financial Planning » Retirement Planning
Financial planning is always challenging. Doctors already have a compressed career timeline and the recent global crisis just adds to the complexity.
8 Changes from SECURE Act 2.0
Category: Financial Planning » Retirement Planning
On December 29th, 2022, the Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 was officially signed into law. The act includes 90+ provisions designed to help savers and people in or near retirement. Here are 8 key changes from the act.
5 Questions to Ask Yourself Before Meeting with An Estate Planning Attorney
Estate planning is an essential component of your financial plan because it can help secure your family’s future, minimize estate taxes, and protect assets from going through probate. Here are five questions you should think about before meeting with an Estate Planning Attorney.