Accumulation Planning Archives • Page 2 of 3 • Financially Simple

October 11, 2017

October 11, 2017

Learning Asset Allocation at Age 60 – Advice to the Business Owner

When I first meet with a client concerning investment planning, I like to discuss asset allocation and how to utilize it for retirement. Granted I work with people of all ages, yet far too often I’m having the same conversation no matter the age. With more than half of all small businesses owned by Baby Boomers, I have more and more clients walking into my office looking to sell their companies and begin retirement. The problem is most business owners have 80% of their net worth tied up in their business. This means I’m having the exact same conversation with these owners that I’m having with my 20 somethings that are just starting out.

September 29, 2017

September 29, 2017

My Top Six Financial Podcasts

If you’ve followed me for any amount of time then you know that I’m an avid book reader. I love reading and it truly is one of my favorite pastimes. However, book reading isn’t the only way I keep myself and my business moving forward. I also enjoy listening to a great podcast. So when I can’t reach for a book, podcasts are my go-to educational format. Today, I’m sharing my top six podcasts with you.

August 31, 2017

How Are Financial Advisors Paid?

When you start searching for financial advisors, you likely heard the terms, fee-based, fee-only and commission based. These are simply three ways that financial professionals are paid. What does each of these terms mean and which is best for me? Today I’m clearing up the confusion!

August 27, 2017

What is an Emergency Fund? Why it is Absolutely Essential?

One thing is true of life—expect the unexpected. That’s why any financial guru around will stress the importance of having money set aside for when “life happens”. But what is an emergency fund and what should it be used for? I can tell you it’s not for that 65″ TV you’ve been eyeing when yours bites the dust. While having no TV may seem like a catastrophic event to some, it’s not exactly the type of crisis that you’ll want to dip your fingers into your cash stash for.

July 24, 2017

What is liquid net worth and why it is important

July 24, 2017

Liquid Net Worth – The Definition & Why It Matters

Finance is a multifaceted subject. It cuts across various aspects of our lives and, at certain times, it can knock the wind right out of us. For instance, I recently met with one of our wealth management clients and the topic of liquid net worth came up. I know liquid net worth doesn’t garner the attention that net worth does. However, both calculations have their place in your finances. You really should know why liquid net worth matters and how to determine yours.

June 15, 2017

Human versus Robo Advisor

When it comes to investing, how you invest your money isn’t the only thing that matters. Who you let invest your money is just as important. In today’s market, you’ve got options, so which one suits you best? Let’s look at the advantages of a human versus robo advisor.