Independent Financial Services | Blogs
Financial Planning for Single Parents: Key Considerations
Being a single parent is like being a skilled acrobat, constantly balancing multiple responsibilities while keeping a steady eye on the path ahead. Your daily juggling act includes not just parenting duties and career demands, but also the weighty...
I’m a single parent. Do you have any financial tips?
A: Review this checklist to help make sure you’re on the right track. Set up a budget and recalibrate as necessary. The most important part of managing a budget is to check in with yourself at regular intervals to adjust what’s not working. Build...
Tax Planning Tips for High-Income Earners
Think of your income as a flowing river. While most people deal with a steady stream, high-income earners navigate powerful rapids that can either erode their wealth through taxation or, with proper channeling, flow efficiently toward their...
I’m interested in keeping my home within the family. What are some things to consider?
A: Start by speaking with your closest loved ones about your family history, values and plans. Some clear questions will need to be asked and answered: First and foremost, are your heirs interested in owning and operating your family home? Are they...
With the number of cyber scams on the rise, what can I do to help protect my data?
A: As our lives become more digitally integrated, our data becomes more valuable. Here are some best practices to help minimize the amount of your information data collectors can access. Turn off personalized ads Many of the largest ad space...
How to Achieve Financial Independence Before Retirement
Most people view retirement as a finish line - that magical age of 65 or 67 when they can finally stop working. But what if we flipped the script? Financial independence isn't about reaching a certain age. It's about reaching a state of freedom...
My parents are getting older – how can I coordinate care and support for them?
A: Creating a “care team” for your elderly parents is a smart move. Here’s a list of suggested professionals to use for helping to support your parents. Healthcare advocates Medical specialists Elder law attorneys Transportation experts Senior move...
The Role of Women in Wealth Management: Strategies for Success
The wealth management industry stands at a crossroads of transformation. As traditional approaches evolve, women advisors are reshaping client relationships, bringing fresh perspectives to financial guidance, and redefining what success looks like...
I have accounts with on-line brokerage firms, and I do pretty well – why would I need a financial advisor?
A: Many people are do-it-yourself investors, but many also lack the expertise and experience in investing for specific goals and often struggle during volatile times in the market. The market is increasingly volatile, so having a professional on...
The Benefits of Working with a Certified Financial Planner (CFP®)
Life throws financial curveballs when we least expect them. Market volatility, career changes, unexpected inheritances - these pivotal moments often leave us questioning our financial decisions. Studies indicate that individuals managing their own...
