Financial Planners
The State of Michigan is in round two of open enrollment for 2020, and there are some changes in the State of Michigan Health Plan Options that are worth evaluating. Here are our thoughts on how to assess the State of Michigan’s health plans for 2021. What’s changing? The significant change for 2021 is the […]
A few days ago we hosted a webinar on Medicare and Your Financial Plan, featuring Justine Bell from Cedar River Insurance in Okemos. Justine specializes in helping people understand their Medicare coverage and making smart choices concerning coverage options and Medicare supplement policies. Medicare is complicated and the features and benefits are often misunderstood. Justine’s […]
Last week, Ben Rathbun, CAWC with the Rathbun Agency in Lansing gave a presentation for our clients on the changes to Michigan’s auto insurance law and how to evaluate the new choices available. We recorded Ben’s presentation and you can watch it here to learn more. Governor Whitmer signed historic auto no-fault legislation that […]
Financial planners love analogies. If we can find a mental image to explain a concept, you better believe we’re going to use it. That’s why Carl Richards with his brilliant sketches drawn with nothing but a black Sharpie™ marker became a New York Times weekly column and prints of his drawings now hang in advisor […]
Taxes are a fact of life, and investment accounts that are not an IRA or a Roth IRA can have an impact on your taxes. For non-retirement investment accounts, you will receive a 1099 at tax time that outlines the income that the account generated and ca…
“Every financial plan ever produced is wrong” – Joe Duran, United Capital I have to admit, as someone who creates financial plans, when I first heard one of our industry’s thought leaders make that statement in an interview I cringed a little. Bu…
Market volatility,while never fun, is a fact of life. Over the years, we’ve written about market volatility now and then, usually as questions are coming in from clients asking what they should do with their portfolios when things aren’t st…
“Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.” – Warren Buffett Nobody likes a volatile market. Behavioral economists have shown many different ways in which we fe…
After you turn 70 ½ years old, you will need to take a minimum amount out of your traditional IRA accounts each year, as well as your 401k or 403b accounts if you are no longer working for the businesses sponsoring those plans. The minimum required amo…
In order to plan for funding your student’s college education, you must understand the student loan landscape. I won’t take up space here with scary statistics about the amount of student debt American families are amassing and what that may mean for o…
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