By Michael W. Davis | July 2016
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.
By Gabriella Colarusso | June 2016
We all do our best to look for the cheapest and best values when planning a trip. In case you were unable to attend our Travel Workshop, our special guest Genevieve Shaw Brown, ABC and Good Morning America Correspondent, offered some insider tips to be aware of when booking travel.
By Curtis Gross | June 2016
Yesterday the UK voted to leave the European Union. This decision was a surprise to the global markets as many investors had believed that the chance of this occurring was very low. In reality, all of the major polls were suggesting that the decision was actually a 50/50 decision and nearly impossible to call. Effects on the major global economic participants from UK’s exit from the EU is difficult to predict as we are in uncharted territory. The initial analysis in the short-term suggests a weaker economic environment for both the UK as well as the rest of Europe as trade disruptions influence both demand as well as currencies.
By Lyn Dippel | June 2016
With elections coming up, many of us are looking for candidates who will best promote our values. You can also vote with your pocketbook.
As a consumer and investor, you have the power to invest in companies whose actions reflect your values. Collectively, this power can create a tremendous shift in companies mores, resulting in positive change globally.
By Benjamin Yeung | April 2016
The introductory part of this series covered how to determine the most efficient order to pay off loans. We identified some common reasons why the effective financial cost of a loan may not be accurately captured by its nominal interest rate and how to adjust for them. This time, we’ll tweak the situation so that we can highlight another important consideration in financial planning: behavior.
By Benjamin Yeung | March 2016
Financial advisors often get questions about how to manage debt. Does it make sense to pay off a mortgage? If you have many loans and want to start paying extra, which loan should get paid off first? Is it better to buy a car with cash or take out a loan? Is it a good time to refinance? There’s lots of advice out there about how to answer each of these questions, but what if you’re trying to decide between many different options?
By Mark Stinson | March 2016
Now that Early Retiree had The Hardest Conversation, with his father, August Retiree. Early’s “aging and end of life talk” with his father went well and Early felt he understood their wishes. Now, he wants to make sure he and his parents have a plan when they experience “aging transitions.” Early will forever remember August’s smirk when he said, “aging transitions.”
By The FAI Team | February 2016
You have been looking forward to this day for years but now that it’s finally drawing near, you’re feeling apprehensive. There are loose ends and preparing for retirement is feeling more like a burden than an approaching vacation.
By Mary Thompson | February 2016
One of the greatest stressors in life can happen when you become responsible for caring for an aging parent while still supporting your own children. The Sandwich Generation is defined by the Pew Research Center as adults who have a living parent age 65 or older and are either raising a child under age 18 or supporting an adult child. 71% of the members of this generation are age 40-59.
By Mary Thompson | January 2016
Choosing a financial advisor to help navigate the maze of financial decisions you need to make over your lifetime can be a daunting task. Financial advisors have many different designations, titles, and service offerings, which can make finding the right advisor difficult. A wealth manager can be a great choice.