Your Pre-Retirement Checklist: What to do 5 Years Prior to Retirement

Your Pre-Retirement Checklist: What to do 5 Years Prior to Retirement Pre-retirement planning can be an exciting – yet anxious – time in anyone’s life. Whether you are daydreaming about how you’ll spend your free time or fussing over the details of...

Five Reasons to get an Annual Financial Review

  Five Reasons to get an Annual Financial Review Keeping track of your personal financial plan through an annual financial review is important in any economic climate. During periods of economic uncertainty or volatility, however, careful financial...

The 401(k) Rollover Decision: Beware of Conflicts of Interest

The 401(k) Rollover Decision: Beware of Conflicts of Interest Recently I have been getting a lot of questions regarding 401(k) rollovers. I wanted to address this by revisitingThe Government Accountability Office (GAO) March 2013 report on the...

Confidence in Retirement Planning Wanes among Baby Boomer Generation

Confidence in Retirement Planning Wanes among Baby Boomer Generation A recent report by the Insured Retirement Institute (IRI) revealed that baby boomers’ confidence in their retirement preparations have declined year after year, with high...

A Woman’s Guide to Investing with a Financial Advisor

A Woman’s Guide to Investing with a Financial Advisor Women today are increasingly becoming breadwinners for their families, gaining ground in the boardroom, and are raking in higher salaries than ever before. With these changes, 21st century women...

Fee-Only, Fee-Based or Commission-Based Financial Advisors: Which is Right for You?

Fee-Only, Fee-Based or Commission-Based Financial Advisors: Which is Right for You?  Despite the seemingly insignificant distinction of terms, the difference between fee-only, fee-based and commission-based financial advisor classifications are...

Rolling Over Your 401(k)? Avoid these 5 Costly Mistakes.

Rolling Over Your 401(k)? Avoid these 5 Costly Mistakes. Mistakes happen. When slipups happen in your 401(k) plan, however, the consequences can be costly – even life-altering. Whether you’re unfamiliar with the rules of the rollover or are in...

Controlling Costs

In the mid-1800s, in a collection of essays entitled “Conduct of Life,” Ralph Waldo Emerson observed, “Money often costs too much.” More than 150 years later, his words remain well worth heeding, as we focus on one of the most effective ways to...

Family Wealth Planning

Family Wealth Planning Whether it’s gathering for an annual reunion, recounting an anecdote about quirky Uncle Jim, or simply being there for one another during difficult times, family traditions are the comfort food that nourishes our most...

Tax Reduction in Your Portfolio: Location, Location, Location

Tax Reduction in Your Portfolio: Location, Location, Location As we approach tax season and many of us are in the process of tax planning I thought I would address the often missed opportunity of proper asset location. By managing asset location...

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The FMB Blog

Off to College: Books, Bedding and a Power of Attorney?

9/11/17 When your child prepares to head off to college, putting a power of attorney in place for them is likely the last thing on your mind. After all, they’re just about to test the waters of adulthood, of true independence, and there’s so much...

Financial Planning Steps after Losing a Spouse

8/15/17 Nothing can prepare you for losing your spouse. If you have recently been widowed, the world seems to demand rapid response to weighty decisions at every turn. Among the hardships of losing a spouse are legal decisions, financial pressures...

Are You Prepared for a Market “Correction”?

6/30/17 Before we proceed, let’s get two things straight: First, there is no such thing as a “correction”. When buyers and sellers agree on a price, that is the correct market price. However, there have been and will be large market price declines...

DOL’s Fiduciary Rule Goes into Effect on June 9

6/1/17 After a 60-day delay from its original schedule, the Department of Labor’s (DOL) fiduciary rule – an investor-protection law created under the Obama administration – is now set to go into effect on June 9, 2017. Many investors are wondering...

The Uncertainty Paradox

5/11/17 “The market hates uncertainty” has been a common enough saying in recent years, but how logical is it? There are many different aspects to uncertainty, some that can be measured and some that cannot. Uncertainty is an unchangeable...