Are You Holding Too Much Cash?
You may want to think twice before taking the old saying cash is king too literally. Even though interest rates have risen in the last few
Category: Financial Planning
Financial planning is important because it helps individuals and families manage their money effectively, achieve their financial goals, and navigate potential financial challenges. Wealth advisors share financial planning strategies for executives and their families. Most individuals aren’t utilizing all the financial planning techniques available to them. Opportunities range from debt management, homebuying and mortgage questions, paying for college, selling a business, ways to use excess cash, and more. Overall, financial planning can help individuals and families achieve financial security and peace of mind, and can help them navigate potential financial challenges and unexpected events.
Stress Test Your Retirement Income Plan
Don’t stress out about every headline, stress test your retirement plan instead. Markets move every day and the news cycle is 24-7. Unfortunately, headlines often leave
What To Do With The Money From The Sale Of Your Business
Selling your business for cash? Deciding how to allocate and invest the proceeds after the sale of your company is a big decision that requires
Financial Planning for a Divorce
There are many financial planning considerations before, during, and after a divorce. A key part of the process from a financial standpoint is dividing the
What To Do With Excess Cash: 7 Ways to Use Extra Savings
Updated for 2025. What should you do with excess cash? If you are holding too much cash, consider how to use the extra money to
Converting a Traditional IRA to a Roth Before or During Retirement
It doesn’t always make sense to convert a traditional IRA to a Roth IRA. Your current and projected tax rate is often a main component
Rolling Over a 401(k) to a Roth IRA: Should You Convert to a Roth?
Updated for 2024. What are your 401(k) rollover options? You may consider rolling over an old 401(k) to a Roth IRA, which is properly described
Why You Need To Be Financially Prepared For An Unexpected Job Loss
The economy has been booming since the financial crisis but tough times are back. Broad economic conditions impact hiring or layoffs for many workers, but
Should You Take a Pension or a Lump Sum?
Should You Take a Pension or a Lump Sum? Deciding between a lump sum or receiving pension benefits monthly requires careful planning and consideration. Though
How a Roth IRA Could Make Your Kid a Millionaire
Updated for 2023. For most parents, it’s a trifecta: help your kids learn about investing, save for retirement, and get fast-tracked to becoming a millionaire.