Posts by Taylor Stanfill, CFP®

Getting Remarried…Plan Ahead!

Our clients get remarried for a variety of reasons. As exciting as this is, it often triggers unique thoughts and questions…will we share our income / expenses equally? I have kids from a previous marriage, and, when I die, I would like my assets to go to them rather than my spouse…is that okay? Do…

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20 Second Advisor: Are You Saving Enough?

A new year brings new opportunities to save money for retirement. Regardless of age, most people are NOT saving enough. Most people need to be saving 15% or MORE of their income. For many of our clients, an IRA or 401k simply won’t get them there. Here are some suggestions: Max out your 401k –…

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20 Second Advisor: 5 Things To Do BEFORE 2019

Retirement Contributions – Make 401k, IRA or employer contributions. Charitable Contributions – Give cash or appreciated investments to your favorite charities. 2018 Reflect – Did I save, give, and pay off what I planned? 2019 Plan – how much will I save, give, pay off? Decide NOW and set it up for next year! Be…

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20 Second Advisor: Now and Then

Markets have been up and down this year, which can be hard for many investors to live with. During periods like these, hearing stories about how other people deal with uncertainty can be helpful. Dave Goetsch is an executive producer of The Big Bang Theory. Even though he and the other writers on the show make…

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20 Second Advisor: Traditional vs. ROTH

This concept is extremely important and can have a massive impact on your retirement. Here it is short and sweet: Traditional IRA / 401k – Save tax today; pay taxes later (in retirement). When you make contributions to a Traditional IRA / 401k, you reduce your taxable income NOW. When you retire and begin pulling…

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Bitcoin…What Is It and Should You Invest In It?

More and more people are asking about Bitcoin. If you haven’t heard of Bitcoin, it’s one type of Cryptocurrency. The first question people ask is What is Bitcoin? This article provides a straightforward explanation. Another question we get asked is “should I invest in it?” For the vast majority of you…NO! There is too much risk…

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How to Be Financially Thankful This Season

Thanksgiving was last week which means we have officially entered the Holiday season. Aren’t we supposed to feel good this time of year? Aren’t we supposed to be thankful for our family, friends, jobs, etc? Isn’t everything supposed to be right in the world? What does it mean to be financially thankful? I propose that…

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