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Over the previous three weeks and six blogs we have gone through the very basic steps of creating a fairly comprehensive financial plan.  Regardless of if you will engage someone to help you with [...]

The final component of the outline to the basic financial plan is going to be estate planning.  For the average married couple federal estate taxes will not be an issue.  As for state estate [...]

The next part of the journey in our financial plan is asset allocation.  When we consider the asset allocation we are talking about equities, bonds, real estate, commodities, and cash. Depending [...]

As we continue on our path to a financial plan the next stop is one that may get a little complicated and that is in the area of insurance.  Now there are many types of insurance and all are [...]

The next step in our journey to a financial plan is the estimation of any goals that require saving for, any college expenses that need to be accounted for, and how to better manage your taxes by [...]

In our last blog we examined how to start a financial plan by using budgets to establish the groundwork for everything else.  Just remember that budgets are not the equivalent of a four letter [...]

Are you saving enough for retirement?  Do you have your assets where they need to be to optimize taxes and potential returns?  These are just some of the questions I am sure people ask themselves [...]

The next six blogs will cover the basic steps involved in creating a financial plan.  Instead of creating a long single blog entry I have decided to break this topic up into six manageable blogs [...]

Are you planning your retirement?  Will you be retiring in the next 20 to 30 years?  If you are indeed planning your retirement and it will be in the 20 to 30 year time frame there are some [...]

Do you track your investments?  Are you diversified?  Are you too diversified?  These are some of the questions we must ask ourselves when we are investing in 401(k) accounts, brokerage accounts, [...]