By Chaz Fahrner, CFP®, EA, MSBA In 2008, the first baby boomer was eligible to retire early at age 62. Today, 10,000 boomers a day are retiring. In the last few decades, there has been a shift from defined benefit retirement plans to defined contribution plans. This change has put the responsibility of managing money …
Help Safeguard your Parent’s Finances to Prevent Financial Elder Abuse Read More »
By Chaz Fahrner, CFP®, EA, MSBA Spring is a time of new beginnings, colorful flowers, longer days and the annual deep cleaning of forgotten corners in your home. Since you are stuck at home and I am guessing every inch of your “shelter” is sanitized by now, why not take this opportunity to clean up …
By Chaz Fahrner, CFP®, EA, MSBA As you near retirement, there are many questions that arise. The biggest question, for most people, is what age to start receiving your Social Security benefit. I often get questions about this because it can be very complex. There are few financial assurances in retirement, but your Social Security …
By Chaz Fahrner, CFP®, EA According to the American Psychological Association, 72 percent of Americans are occasionally stressed about their finances and 22 percent feel extremely stressed about their finances. One of the biggest culprits for financial stress is the creation of unnecessary complexity. When we get busy, we tend to procrastinate and put our …
By Chaz Fahrner, CFP®, EA, MSBA Every year, an estimated 2 million individuals and families overpay their federal income taxes by an average of $440. Regardless of how you feel about taxes, you are still required to pay. However, there is no reason to pay more than what is required. Accountants are extraordinarily busy during …
Tax questions you should ask your financial professional before the end of the year Read More »
Help Jumpstart your Recent Graduate’s Financial Independence By Chaz Fahrner, CFP®, EA, MSBA Whether you have a high school or college graduate starting their first job, a few basic financial words of wisdom can provide a solid foundation for future financial success. Meaningful conversations with a recent graduate about money can pay huge dividends …
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Plan Your Estate OR… Your State Will Plan it For You By Chaz Fahrner, CFP®, EA, MSBA Earlier this year, a client contacted me in regards to an inheritance that she received. She explained that her brother, let’s call him Mitch, passed away unexpectedly in his early 50’s. As she described the circumstance, I …
Plan Your Estate Or…. Your State Will Plan it For You Read More »
According to the American Psychological Association, 72 percent of Americans are occasionally stressed about their finances and 22 percent feel extremely stressed about their finances. One of the biggest culprits for financial stress is the creation of unnecessary complexity. When we get busy, we tend to procrastinate and put our finances on the back burner. …
Would you like the ability to retire years earlier than most? The caveat is that you would have to drive a no-frills Honda Civic versus an exotic luxury Mercedes for your entire life? Do you still want to retire earlier? A few years ago, I was with a client who was considering retirement as she …
