When Does Buying A Home Not Make Sense?

For most, owning a home is one of the next big steps after college. A few years pass and you’re either earning more money or starting a family and you roll your equity into a bigger house. However, after the real estate market took a hit in ’08/’09 people have started questioning this age-old wisdom

5 Measures of “Wealth”

Most of us, including myself, get hung up on allowing a dollar figure to determine how “wealthy” we are. When in fact, wealth can be made up of things that are worth far more than money but are harder to quantify. Because of this difficulty in measuring, we often default to overlook these alternative measures.

Buying vs. Leasing a Car

I often overhear conversations of someone discussing how leasing a car is the most intelligent approach to having transportation. However, seconds later, I hear the audible scoff of the car buying group, as if buying a car is the best financial decision since Seward’s Folly. Luckily, we don’t like to pick sides. Instead, we let

The Social Security Formula

Currently, 1 out of 4 Americans over age 65 count on Social Security (SS) for 90% or more of their income.  And since an individual’s lifetime Social Security benefit can often total more than $1 million, it is worth considering variables that can alter this value. Beyond the obvious (make more money), individuals can delay

What’s a 529 ABLE Account?

Achieving a Better Life Experience (ABLE) accounts are meant to provide tax savings when covering certain living expenses for people who are mentally or physically disabled prior to age 26. ABLE accounts began late in 2014 and have not yet become well known in the community or among many advisers I talk with. In an ABLE

Small Business Retirement Plans

One benefit to being a small business owner is access to more retirement accounts than the typical 401k, IRA, and Roth IRA. While there are many options the three most attractive are the SEP IRA, SIMPLE IRA and Solo 401k. These three plans provide business owners a way to save more while providing a valuable

Annual Financial Checklist (May through August)

This is the second in our three part Annual Financial Checklist series. While not exhaustive, it will help you to continue to think proactively about stacking the odds for financial success in your favor. See our previous “January through April Checklist” for more ideas. May Look into College Scholarships: If you have a child in