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Finance at 50: Last Minute Planning for the Not-Too-Distant Future
Finance at 50: Last Minute Planning for the Not-Too-Distant Future

While 50th anniversaries are often cause for hearty celebration, not everyone feels as celebratory about their 50th birthday. Many of us have not had an opportunity to save as much as we would have liked or had the time to do our own financial planning.

Turning 50 can be a wake-up call that there isn't much time left to get serious before it is too late.

A 2017 Resolution - Speak(easy)
A 2017 Resolution - Speak(easy)

“We had this quite agonizing conversation where he said—and this totally shocked me—‘Well, if I’m able to eat chocolate ice cream and watch football on TV, then I’m willing to stay alive. I’m willing to go through a lot of pain if I have a shot at that.’”

Republican's Surprising Sweep
Republican's Surprising Sweep

After many months of contentious and extremely negative campaigning from both parties, the Republicans emerged as victors last night in several very close races.  This was a surprise to most, as polls and pundits alike had already given the White House keys to Mrs. Clinton.  Many have asked what FAI is doing in the portfolios given this surprising event.  

Lyn Dippel
How to Manage Living Self-Employment Income

Many of us have unpredictable or inconsistent incomes. Unfortunately, the bills come whether we have been paid yet or not. If we have not planned carefully, when a big expense occurs we may get caught short. And two other pitfalls may trip us up if we are self-employed. First, there is typically no tax or FICA withholding on self-employment income, so often a portion of the money we have in hand is not technically ours. If we aren’t careful we can get caught shorthanded come tax time and end up owing penalties on top of the tax bill. 

Cal Ripken on Financial Planning for Young Adults
Cal Ripken on Financial Planning for Young Adults

My next stop was Miami and I was paid $500 per month - $406 after taxes… - Cal Ripken

Charm City (Baltimore) was the host of the Financial Planning Association (FPA) Annual Conference from September 14 through 16.  Cal Ripken was the keynote speaker for opening day (who says financial planners do not have a sense of humor…).  

Everyday Super Heroines: Women Who Achieve Financial Freedom Deserve Our Esteem
Everyday Super Heroines: Women Who Achieve Financial Freedom Deserve Our Esteem

With elections coming up, many of us are looking for candidates who will best promote our values. You can also vote with your pocketbook. We often look to public figures such as Sheryl Sandberg, Brene Brown, Michele Obama and JK Rowling as inspiration, but everyday women who have overcome challenges and conquered fears to establish a better life can be just as inspiring.

Perspective on Debt: Accepting Risk
Perspective on Debt: Accepting Risk

In the first two parts of our series, we assumed that you had resolved to pay down some of your debt and were trying to come up with a strategy for doing so. In the introduction, we showed that having made that decision, the financial answer for the optimal strategy was relatively straightforward. In the second, we added the element of behavior, which significantly complicated the discussion.

The Freshman Fifteen Hundred
The Freshman Fifteen Hundred

Every year college freshmen sped anywhere from hundreds to thousands of dollars on unused items including textbooks they may open once and some may not event be touched. 

Here are some tips fron FAI in order to keep you or your college student prepared for what lays ahead and acquire the most out of the first year in college. 

Fiduciaries, Tree Trunks, and Twigs
Fiduciaries, Tree Trunks, and Twigs

It is July and Early Retiree's thoughts turn into his July trifecta - July 4th, Wimbledon, and the Tour de France. His attention turns from celebrating the U.S. Independence, to the all England Lawn Tennis and Croquet Club, to the world riding bicycle around France. 

Trusts for Disability and Special Needs Planning
Trusts for Disability and Special Needs Planning

Disability planning is becoming more and more important, especially when dealing with a child with special needs or a disabled adult who cannot manage his or her finances.  The preferred method for handling these situations is with trusts.  There are so many different kinds of trusts today, though, you will need to know what kind of trust works best for your situation.