Did you know that the average debt load for an American household (including mortgage) is $101,915? Other types of loans are included in that number: student loans, credit cards, car loans, personal loans, and medical debt. Even if you exclude mortgage debt, the...
In the financial planning world, “legacy” often means leaving behind a financial inheritance when you’re gone. Whether that’s real estate, personal belongings, or a retirement account, what you’re passing on to the next generation defines your legacy. However, there...
If you know anything about American history, you know that July 4th is the day that Congress approved the Declaration of Independence (fun fact: it wasn’t signed until August 2, 1776 — almost a month later!). But we celebrate the 4th as the day that the United States...
It’s conference season here at Guiding Wealth and we just got back from the first of many: FPA Retreat. This amazing conference is designed to help make financial planners the best that they can be — both in their skillset and knowledge, as well as in their client...
Talking about money, in any setting, can feel taboo at best. Whether you struggle with money or you have plenty, it can be hard to know who to talk to money about and when. You may have children or close family and friends you are supporting financially, or you could...
Most clients are surprised when they get to retirement and see that their taxes have changed. I have this conversation with almost all of my clients when they retire. They go from having a normal W2 income, where their taxes are withheld — and sometimes they even...
