20 second advisor

Financial insights and tips...all in 20 seconds

20 Second Advisor: Review The NEW Social Security Statement

The Social Security Administration redesigned their statements to make them easier to read and understand. They also stopped mailing them to most people. Therefore, it’s a good time to login or create an account to review your statement. Check to make sure your earnings history is correct and that your personal information is accurate. The…

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20 Second Advisor: To borrow or not to borrow? Part 2 – Freedom from debt feels good.

Last time, I wrote about the financial elements to consider when you’re deciding whether to pay off your mortgage early. See here for that post. Today, I want to touch on the emotional elements of paying off debt early. As discussed in the last post, you are almost always better off financially to slowly pay…

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20 Second Advisor: Is it time to delegate?

Raise your hand if you have ever felt being pulled in a thousand different directions? (I am raising my hand right now.) Sometimes, I wonder when it will slow down. I often tell myself, “just get to next month and things will settle down.” While this may hold true, if we aren’t intentional with how…

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20 Second Advisor: POTENTIAL Tax Law Changes = Good Time to Talk

The proposed tax changes are top of mind for many people which is understandable! This has triggered meaningful conversations with clients. This is always a good thing! We don’t know what the final result will be so we aren’t recommending specific strategies for everyone. That said, given the trajectory and items addressed in the changes,…

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20 Second Advisor: To borrow or not to borrow? Part 1 – The true cost of mortgage debt.

With interest rates near their all time lows, I want to write a few blogs about mortgage debt. It’s a question we get asked all the time: “Should I pay off my mortgage quicker than scheduled?” Before we answer that question, I want to explore the true cost of carrying mortgage debt. The factors that…

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20 Second Advisor: It’s too much money!

I recently caught up with one of my clients that recently retired. She loves the outdoors and water. She wants to put in a pool in her backyard but exclaimed, “It’s so much money!” Backstory is that she is financially sound, house is paid for, has multiple streams of retirement income, and is well positioned…

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20 Second Advisor: Being Disciplined Can Be Boring

I am piggybacking off of Thad’s post from last week! Last Thursday, me and some other psychos in Roswell, GA were running 1/2 mile repeats down Main St. I was in charge of the workout so I was hyper-focused on making sure everyone was okay. After the workout, I commented to a friend, “I hope…

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20 Second Advisor: The Boring Way to Building & Sustaining Wealth

I’m asked all the time about the latest investment trends: Should I invest in bitcoin? Real estate is really taking off, should I buy a rental? What about Tesla – are we all going to be driving electric cars in 20 years? At the heart of all these questions is that investors are often looking…

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20 Second Advisor: Importance of Education Planning

As the summer is drawing to a close, many of us are probably thinking about the upcoming school year. While it’s easy to put our heads down as we focus on the tasks of packing lunches, getting kids to soccer practice, and keeping the family operations afloat, do not forget about the importance of planning…

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