Our Weekend Word

Financial Aid Myths Debunked

Since we’re in college visit season, lets take some time to give some info on what can be a confusing and mysterious process: starting to pay for school.


The purpose of financial aid is to help bridge the gap between the cost of attending college and the amount that students and their parents can afford to pay. Unfortunately, many students forgo applying for financial aid because they mistakenly assume they won’t qualify. Don’t let these common myths dissuade you from applying for financial assistance or lead you astray during the application process.

Ready, Aim, FIRE!

The Millennials are at it again, they’re off trying to change the whole world at once and this time they’ve figured out a better way to do retirement. Figures…

There’s a growing movement amongst the young’uns called FIRE which stands for Financial Independence and Retire Early. And it’s basically the idea that you can retire somewhere around age 30 to 40 rather than the traditional 55 to 65 with some lifestyle changes. As a retirement planner the first time I read this I was extremely skeptical of this approach. Turns out, from a planning perspective, FIRE does have some good ideas baked in, but ignores some key concepts of retirement planning that could have these retirements burn out earlier than expected

Tax Considerations After a Family Member Death

Several kinds of taxes may be due shortly after a family member’s death. During this emotional time, it’s often worthwhile to employ a tax professional to alert you and the family to important deadlines. You can help the tax professional—and potentially save time and money—if you understand what needs to be done.

Reverse to keep moving forward

The finance industry is constantly changing.   Between regulations, technological improvements, product evolution and industry sentiments everything is seemingly in a state of flux.  

Industry sentiment is one that tends to be the most difficult to manage.  Everyone has thoughts and feelings and we don’t always agree, but occasionally these sentiments become magnified for better or worse.  One product has a long history of being disparaged, potentially unfairly.

More Than College Savings

By now, most people are familiar with 529 plans as a tax efficient way to save for college expenses. One thing that keeps people from contributing, however, is the feeling that you’re getting a raw deal if you don’t use the money for college.   

Burning Questions

In previous renditions of the Weekend Word we have discussed the various changes facing the industry and our general stance, and place with in them.  As these topics have become more prevalent more and more articles are being written about “Questions You Should Ask Your Advisor”.  So, we thought we would take the time today to answer some of those burning questions.

“Slow Go” to ”No Go”

Retirement was once broken down to us in three stages: The Go Go years, Slow Go years, and then No Go years.

When we first think about retirement planning we think about the Go Go years, because that’s what we look forward to and its closest to the lives we’ve become familiar with.  The final two stages could mean a lot of change and can weigh on people as they inevitably approach.

Danger, Will Robinson!

Many of you who know us have probably heard us say that the bond market is much smarter than the stock market. So, we don’t put much value in stock market jitters, but when the bond market speaks, we listen. And right now, the bond market isn’t screaming, but it is clearing its throat.

What Would You Do?

This is an interesting time in the world of finance.  We have volatility back trying to make up for lost time, talk of trade wars, virtual currencies, tax reform and countless others.  Most articles nowadays are either overly negative, beating a dead horse or just fluff designed to grab your attention. So, as you can imagine looking for Weekend Word topics of late has been challenging to say the least.  In my attempts to find a topic for this week I stumbled across a very interesting chart that I thought was worth sharing.

Is It Time to Worry About a Trade War?

On March 1, 2018, President Trump announced that the U.S. plans to impose tariffs on steel and aluminum imports. Markets around the world were shocked by the news, with major U.S. indices declining more than 1 percent just when it looked like they were recovering from the February downturn. Why did markets react so strongly? Is this a more serious threat going forward? In a word, yes.

First, let’s define what’s going on and why it matters.