Articles

The SEC is allowing financial professionals to hide in a lower legal requirement, not meet a fiduciary standard, and call it “Best Interest.”

It requires discipline to ignore dire warnings.

Here is a strategy that can both help you identify what you value and help you start your budget.

Financial shocks can come in all shapes and sizes. This strategy of budgeting should increase your chance for success over the long haul.

Anything which is not contributing toward your financial independence should be considered part of your lifestyle spending.

Keeping $100,000 might cost you $500,000 in lost opportunity costs over 20 years.

Social Security just turned 84 years old today (August 14, 2019). It has stayed alive on the false sentiment of sunk costs.

On June 5th, 2019, the Securities and Exchange Commission (SEC) released their final draft of Reg BI, or “Best Interest” as it is called.

Whatever technique you use to smooth your income, providing for the possibility of having a sudden reduction in income can help your family self-ensure against this potential financial shock.

If a portion of your charitable gift is nondeductible, then no portion of the gift can be counted as a Qualified Charitable Distribution. But there is one accepted loophole for QCDs.

Setting aside some of the payment to cover future inflation is a prudent retirement planning practice.

This June, the IRS came out with their final ruling on how charitable gifts to receive state tax credits will be handled. This is how the strategy works now.

This is the financial shock of a trip to hospital. It is upsetting, expensive, and unexpected.

The appeal to the Nordic countries from socialists is a false one. Iceland, Denmark, Sweden, Finland, and Norway are examples of market economies, not socialism.

We are very pleased to announce that Elizabeth Woodrum is our newest CERTIFIED FINANCIAL PLANNER™ (CFP®) professional at Marotta Wealth Management!