10 Questions Financial Planners Wish You’d Ask

10 Questions Financial Planners Wish You’d Ask

When it comes to enlisting the services of a financial advisor, the process is a bit like dating. Just like you want to find a partner who shares your goals, communicates clearly and inspires trust, you want to find a financial pro who exhibits those qualities. U.S. News asked financial planners which questions they wish their clients would ask them. Their responses are below. [See: 8 Times to Talk to a Financial Advisor.] “How do you get paid?” This question is absolutely essential for clients who are visiting a financial…

LET’S MAKE A PLAN JANUARY 2017 EDITION

LET’S MAKE A PLAN JANUARY 2017 EDITION

Eleanor Blayney From CFP Board’s Ambassadors Tips to Stay Financially Fit Year after year, getting healthy is a top New Year’s resolution for Americans, while saving more and spending less typically ranks lower on the list of priorities. While many people will purchase gym memberships they may never use, taking steps to improve financial wellness is a resolution worth pursuing, and sticking to… Read More Financial Planning for Your Retirement Retiring from the Military? Get Financially Prepared For most career military and Reserve/National Guard members transitioning back into civilian life,…

LET’S MAKE A PLAN – NOVEMBER 2016

LET’S MAKE A PLAN – NOVEMBER 2016

LET’S MAKE A PLAN NOV. 2016 EDITION From CFP Board’s Consumer Advocate Confident Savers: Slow and Steady Wins the Race Would you know a “confident saver” if you saw one walking down the street or in a crowd? My guess is probably not, and in a paragraph or two, I’ll explain why this may be so. CFP Board recently surveyed 1,000 working Americans over 25, and “Confident Savers” emerged as one of four distinct demographics with respect to their financial attitudes and behaviors…. Read More Hiring a CERTIFIED FINANCIAL PLANNER™ Professional…

LET’S MAKE A PLAN – OCTOBER 2016

LET’S MAKE A PLAN – OCTOBER 2016

Tips for Balancing Financial Obligations While Saving for Retirement Many Americans today are on a see-saw when it comes to their finances. While they earn enough to afford a reasonable lifestyle and raise a family, they feel as though their financial security remains uncertain. With competing financial commitments, there never seems to be enough money to go around. Under these circumstances, how can someone save for retirement and meet their daily expenses? Read More Hiring a CERTIFIED FINANCIAL PLANNER™ Professional Your Financial Future is More Than Just a Plan A…

Certified Financial Planner Roundup

Certified Financial Planner Roundup

From CFP Board’s Consumer Advocate High Income, Yet Still Struggling to Save? Consider These Tips In a recent survey conducted by CFP Board of the saving habits of 1,000 working Americans over 25, there was one group of respondents who distinguished themselves by their “meaning well, but not enough” saving behavior. Identified in the study as “Concerned Strivers,” these are Americans, typically in their mid to late 30s, with above average incomes, and relatively high levels of confidence and optimism about their financial futures… Read More Hiring a CERTIFIED FINANCIAL…

Fewer millennials are buying real estate. Is that a bad thing?

Fewer millennials are buying real estate. Is that a bad thing?

Long seen as a cornerstone of the American Dream, homeownership increasingly appears out of reach for many millennials. U.S. Census data shows only 39 percent of millennials owned homes in 2015, compared to 47.5 percent for that same age group in 2007. The share of those who are first-time buyers is hovering near 30-year lows, according to the National Association of Realtors. See full story on washingtonpost.com

Class of 2016, Here’s How to Set Up Your First 401(k) – NerdWallet

Class of 2016, Here’s How to Set Up Your First 401(k) – NerdWallet

401… what? No shame if that’s the first thought that comes to mind when presented with this benefit at your first job post-graduation. Its named after a section of the tax code, and the IRS could’ve saved us all a lot of grief by calling it what it is: an employer-sponsored retirement savings account. The beauty of a 401(k) and why you should listen up when you get to this part of your job orientation is that it allows you to send money directly from your paycheck into that investment…

Key Steps to Researching a Financial Advisor – NerdWallet

Key Steps to Researching a Financial Advisor – NerdWallet

By Kathryn Hauer, CFP, EA How can you make sure you choose the right financial professional? Its impossible to be absolutely certain youve found someone who is trustworthy and with whom you will enjoy working, but there are some steps you can take to ensure that your advisor is qualified and in good standing with industry regulators. Finding the right advisor will require some research on your part because smart investors check the background of anyone promoting financial or investment guidance. With online databases from regulators and industry associations, you…