A Thank You to Our Clients
With the Thanksgiving holiday approaching next week in the U.S., we wanted to take a moment and reflect on Guiding Wealth’s journey so far. We also wanted to say thank you to all of our wonderful clients who make financial planning such a fulfilling and exciting...
How to Handle These 4 Common Financial Emergencies
As financial advisors, we often stress how important it is to set aside a rainy day fund should an emergency arise. While budgeting for emergencies is always a good idea, when one of these emergencies actually happens, there’s a lot more that needs to be handled than...
The Benefits of Roth Conversions
The SECURE Act, which passed in December 2019, aimed to make retirement savings less complicated for retirees. It kickstarted significant changes to contribution ages and required minimum distributions, and the law also affected inherited IRAs for many people. If...
How to Prepare for Your First Meeting with a Financial Advisor
The thought of planning for your financial future can feel overwhelming. You may not know where to start or what to do. And when it comes to tricky financial topics or complicated decisions, you may want an expert’s personalized advice. A Certified Financial Planner™...
Should You Rent or Buy Your Next Home?
When the pandemic hit the U.S. earlier this year, many worried that the housing market would be drastically affected. After all, millions of Americans have been laid off since the outbreak of the virus and many businesses shuttered after stay-at-home orders were put...
What to Do If You Were Laid Off Before Retirement
The COVID-19 pandemic has taken a toll on the United States economy. In June 2020, the Bureau of Labor and Statistics reported that over 40 million people had been unable to work in the previous four weeks. After younger workers (25 to 34 years of age), Americans aged...
Remembering the Bigger Picture After Coronavirus
We’re halfway into 2020 and the coronavirus pandemic has undeniably changed our lives. As we adjust to our “new normal,” it’s easy to focus on those changes. But it’s important to think about the bigger picture, too. What does your career look like now, and what will...
The Benefits of Delaying Retirement
Imagine you’ve had a retirement plan in the works for years, even decades. You’re ready to retire in 2020… and then, something completely unexpected happens. A global pandemic. There’s no denying that COVID-19 has changed our lives. For those nearing retirement age...
Helping Your College-Aged Kid Build Credit
Whether your child is starting college virtually or going on campus this fall, you may be thinking of giving them a credit card to cover their expenses. But what if they don’t have any credit history yet? What are your options for helping your child build credit?...
Hannah Moore, CFP®, Winner of the First Visionary Leader Award for an Individual
While Hannah Moore, CFP®, is the owner and lead advisor here at Guiding Wealth, she is also highly involved in her chosen profession. She is the leader of next generation program creation for the Financial Planning Association, and recently launched their first-ever...
How to Launch a Second Career
Many retirees launch second careers, also called bridge jobs, when they reach retirement. In 2019, a survey found that almost 40% of those who retire were going back to work. Some launched second careers because their retirement was not what they expected. Many...
Estate Planning When You Don’t Have Kids
The term “estate planning” sometimes leads people to believe that it’s only about passing wealth down to the next generations. If you don’t have children, you may think that estate planning isn’t necessary. However, neither is true. Your estate doesn’t mean “wealth.”...