Retirement isn’t first priority when planning for young professionals. That’s OK! Young professionals are expected to accomplish a lot early in life. You’re beginning to make real money. Time to get sound financial advice to establish a good foundation from someone you trust. The problem is most financial advisors focus primarily on retirement planning. When […]
Savings Incentive Match Plan for Employees The SIMPLE IRA is the Savings Incentive Match Plan for Employees. The SIMPLE allows for both employer contributions and employee deferrals. The plan is deal for employers who want to contribute something – but not a lot – to employee retirement accounts. A big part of retirement plan design […]
With this blog post I’m beginning a two-part series about retirement savings plans available to the small business owner. Earlier Jonathan and I have written about the Traditional IRA and the Roth IRA. In this piece I’m going to explain the Simplified Employee Pension, or SEP IRA. It is best used in a small shop, […]
The Advice Industry Part II A lot has happened in our regulatory world since I posted the original blog piece. The DOL rule is void. The SEC is opening up a public comment period about its new standards of client care. The government regulates this industry – investments, advice, and insurance – via the Securities […]
A professional person earns his living by the fees he charges clients for the services provided. In this video Glenn explains why the CFP® professionals at CameronDowning charge a fee for their financial planning and investment advisory work, and why it is in the client’s best interests to pay it.
Should I Pay a Fee for Financial Advice? From time to time I’m asked, Glenn: there are plenty of financial guys out there. They’ll do financial planning for free. So why should I pay you guys? Good question! To answer it, let me give you a little background. Back say, 50 years ago, if you […]
The 457 Deferred Compensation Plan is a retirement account offerred to many who are employed in the public sector. Watch our video to learn how it is especially beneficial if you retire early.
What is the difference between a Roth IRA? Can I contribute to a Roth? Should I? You’ll find your answers in this video.
Don’t be nervous. We’re not going to judge you. Some people come to us with specific issues that they’d like addressed. Others come with a vague sense of unease – that things aren’t as they should be. We function as your financial doctors. We’ll ask questions, poke and prod, and eventually come up with a […]
Compound interest is a miracle over time – how interest upon interest builds up. In this video we lay out the case to start saving now! The first dollars you save are the one that will hardest for you over the years.