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Blog : Retirement Planning

Planning for Diminished Financial Capacity

Budgeting Tips Estate Planning Estate Planning for Gay Couples Financial Advice Financial Advisor Financial Advisor for Gay Couples Financial Advisor for LGBT Couples Financial Planner Financial Planning Investment Management Investment Planning Retirement Planning June 30, 2023 Author: Woody Derricks

Planning for Diminished Financial Capacity According to the SEC, “’Diminished financial capacity’ is a term used to describe a decline in a person’s ability to manage money and financial assets to serve his or her best interests, including the inability to understand the consequences of investment decisions.”1 Of all the things we plan for, it’s […]

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How to Keep Your Cool During Financial Turmoil with Mindfulness and Other Strategies

Financial Advice Financial Advisor Financial Advisor for LGBT Couples Health Benefits Investment Advice Retirement Advice Retirement Planning Tax Planning June 8, 2023 Author: Woody Derricks

How to Keep Your Cool During Financial Turmoil with Mindfulness and Other Strategies It’s common to find yourself feeling anxious during turbulent financial times. However, controlling these feelings is crucial to avoiding emotionally-driven financial mistakes. In this article, we’ll explore some simple strategies to navigate today’s volatile times with less stress. 1. Break the Habit of Constantly […]

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Tax Loss Harvesting: How to Find a Silver Lining in Declining Markets

Certified Financial Planner CFP Retirement Advice Retirement Planning Taxes What is Asset Management? November 30, 2022 Author: Woody Derricks

Tax Loss Harvesting: How to Find a Silver Lining in Declining Markets When the stock market is experiencing a rough patch, it’s easy to feel negative about your investments. In reality, you’re getting some great opportunities. One opportunity is buying stocks on sale if you continue regularly putting money in the market. Another is the chance to turn […]

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Q1 2022 Passionate Investor

Certified Financial Planner Financial Advice Financial Advisor Financial Planner Financial Planning Financial Services Investment Advisor Investment Strategy Registered Investment Advisor Retirement Planning RIA Wealth Management April 29, 2022 Author: Woody Derricks

Q4 2021 Market Review and Commentary  Market Review* Equity markets generally outperformed fixed-incom e markets with the S&P 500 falling 4.60% (including dividends) and the Barclay’s Capital U.S. Aggregate Bond index falling 5.93%. Small caps underperformed large cap stocks (S&P 500) as the Russell 2000 small cap stock index returned -7.53%. Value outperformed Growth during […]

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Retirement Planning: Our Best Tips for Finding Your “Forever” Home

Financial Advisor Financial Planner Registered Investment Advisor Retirement Planning Wealth Management March 7, 2022 Author: Woody Derricks

Retirement Planning: Our Best Tips for Finding Your “Forever” Home What comes to mind when you hear the term retirement planning?  Probably determining how you will pay for your final decades on the planet.  What is not often discussed is where you’re going to live those decades out.  But this is arguably almost as important […]

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Financial Planning Rules of Thumb: Do These Old Guidelines Actually Work?

Accredited Domestic Partnership Advisor Financial Advice Financial Advisor Financial Planner Financial Planning Financial Services Registered Investment Advisor Retirement Planning RIA Wealth Management February 10, 2022 Author: Woody Derricks

Financial Planning Rules of Thumb:  Do These Old Guidelines Actually Work? The money world is full of financial planning “rules of thumb” that are supposed to make retirement planning easier.  You’ve probably heard of some of these: The 4% Rule for withdrawing from your retirement nest egg The 60/40 Rule for splitting investments between stocks […]

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What Should You Look for in a Financial Advisor?

Accredited Domestic Partnership Advisor Certified Financial Planner CFP Estate Planning Estate Planning for Gay Couples Financial Advice Financial Advisor Financial Planner Financial Planning Financial Services Registered Investment Advisor Retirement Planning RIA Wealth Management November 16, 2021 Author: Woody Derricks

What Should You Look for in a Financial Advisor? If you’re serious about securing your financial future, you are likely considering the help of a financial advisor (or are already working with one).  Without that critical relationship, it’s too easy to make mistakes or ignore a blind spot that can derail your plans.  There’s simply too much at stake to go it alone.    But here’s the key:  it has to be the right financial […]

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Understanding Medicare

Certified Financial Planner CFP Financial Planning Health Benefits Medicare Registered Investment Advisor Retirement Planning RIA Wealth Management December 8, 2020 Author: Woody Derricks

Understanding Medicare Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD). With Medicare, you have options in how you get your coverage. Once you enroll, you’ll need to […]

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Long-Term Care Planning Facts

Insurance Policies Investments Long Term Care Retirement Planning Wealth Management November 30, 2020 Author: Woody Derricks

Top 10 Facts to Know About Long-Term Care Planning! November is National Long-Term Care Awareness Month, an event recognized by Congress and a number of States. To mark the occasion, here are 10 interesting facts shared by the American Association for Long-Term Care Insurance. # 1 – Americans are living longer, in large part due […]

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Health Savings Account

Certified Financial Planner Estate Planning Financial Advisor Financial Planner Financial Services Health Benefits Investment Strategy Registered Investment Advisor Retirement Planning RIA Wealth Management September 15, 2020 Author: Deborah Doyle

About Health Savings Accounts Have you ever considered the potential benefits of contributing to a Health Savings Account (HSA)? Here is your guide!   A Health savings account is medical savings account with tax advantages for high deductible health plans. Did you know half of older Americans said they don’t know how they will pay […]

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