Fee-Only Investment Advisory and Financial Planning Firm Serving Greater Richmond, Virginia
On the front page of the Wall Street Journal today is a headline: “Stocks Decline as Bond Turmoil Spreads, S&P 500 Hits New 2022 Low and Treasury Yields Climb on Fresh Slowdown Concerns” (WSJ, September 30, 2022). As you are fully aware, this has been a really tough year to be an investor. Globally, stock…
Mike and Jennifer walk you through how and why you should register on the SSA.gov website for your “My Social Security” profile. This is something you probably want to consider doing, even if you are not close to claiming Social Security. Unsure where Social Security fits into your financial plan? We work with you to…
We have been receiving a lot of questions regarding I Bonds lately, so I thought I would pull together what I know about them to share with everyone. I Bonds generally stay below my radar because I cannot buy them for client accounts, as they are not available for investment accounts. So, if you love…
It depends on which perspective we are thinking about inflation. Yes, inflation is very worrisome. We are getting a “pay cut” even though the dollars flowing into our checking accounts from salaries and retirement sources have not decreased. It makes us think more carefully about how much we drive and what foods to buy. Inflation…
We’ve had the same question from a few clients recently: “Are you a fiduciary?” The answer is YES, but there’s more to it! We’re chatting today about fiduciaries, and what it means to be fee-only or fee-based. Want to chat more? We’re always here! Schedule A Call with Us » What is…
The Cost of Trying to Time the MarketWatch this video on YouTube The impact of missing just a few of the market’s best days can be profound. We have a pretty cool data visualization of a hypothetical investment in the stocks that make up the S&P 500 Index that illustrates the dangers of trying to…
IRA or 401k? Know the key differences between these two popular retirement plans to ensure you are saving in the right account. IRA or 401k? 5 Things You Can Do with an IRA That You Can't With a 401kWatch this video on YouTube Find out more about Financial Planning at Summit >> Key…
Jennifer and Mike discuss inflation. What is causing it? Will it continue? What can we expect going forward and how do we prepare for possible inflation or hyperinflation? Inflation – Should you be concerned? And what you can do to protect against it!Watch this video on YouTube Want to chat more? We’re…
By: Virginia This Morning Posted at 12:59 PM, Jun 02, 2021 RICHMOND, Va. — Social Security benefits continue to be a challenge for many to navigate. Today we are joined by Jennifer Luzzatto, CFA, CFP®, President at Summit Financial Partners, Inc. who shares her insight and more! For more information, visit the Summit Financial Partners website. WTVR…
When to file for Social Security seems to be an easy decision, one should just file at their “Full Retirement Age,” right? That can be the correct answer, but there are many nuances to filing for Social Security that can have long range implications on how much Social Security income you receive over your lifetime. …
Estate Planning: Is It Necessary?Watch this video on YouTube Do you have a will? What about a trust? Do you need either of those? What if you don’t have any heirs or money? Mike Sigmon sits down with Matthew Reinaker of Asurest to talk Estate Planning and answer those questions and more. (Spoiler Alert: Chances are,…
