Financial

Should I Pay Off My Mortgage Now?

Posted by on Aug 13, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Estate Planning, Financial, Financial Advisor Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Retirement | Comments Off on Should I Pay Off My Mortgage Now?

To Pay or Not to Pay – that is a dilemma facing many Baby Boomers today. As retirement is approaching, do you pay off the mortgage or not? You are 3, 5, 10 years away from retirement. And you have 5, 10, 15 years left on your mortgage. Do you pay the mortgage off early? If so, which bucket of money do you use? In interest of full disclosure, this financial advisor prefers retirees to be debt free at retirement.  Less cash flow is required for monthly expenses which is less strain on investments. In a market downturn, retirees sleep better in a debt free home. However, being mortgage free may...

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How Much Life Insurance do You Need

Posted by on Aug 6, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Estate Planning, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Retirement | Comments Off on How Much Life Insurance do You Need

It is an important questions when considering life insurance: “How Much Life Insurance do I need?”  Watch the video and get help to see how life insurance needs today may be different tomorrow. This video is by Ohio National Financial Services.

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Are you Living Your Life on Purpose?

Posted by on Jul 15, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Estate Planning, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Health, Live Life to the Fullest | Comments Off on Are you Living Your Life on Purpose?

Are you Living Your Life on Purpose?   Once a year, I take a few moments to evaluate ‘How am I doing in life?’ I look at each area of my life – relationship, health, financial, spiritual, family and pleasure. I score each area on my level of satisfaction on a scale of 1 to 10. I envision these categories in a wheel –     As I score them, some are satisfactory – 8 or above. Others are moderate, 6-8. Some stink and are on the low end like 3-4. When I envision my life in a wheel, I can see the areas I am flat.  And like a wheel on a car or bicycle, a flat side makes for a bumpy ride. It doesn’t...

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China and Your Checkbook

Posted by on Jun 4, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Current Events, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID | Comments Off on China and Your Checkbook

China and Your Checkbook   Is the trade war with China going to impact your pocket book? Depends on what you are buying. If you are building a home or remodeling, you will see increased prices over last year for doors and crown molding. Products packaged in aluminum cans have seen cost increases. Questions is how much is absorbed by the manufacturer and how much is passed on to consumers. Farmers are feeling a direct impact of trade wars which will have a ripple effect. We are about to enter a second round of tariffs applied to Chinese products. China’s response is to impose their own round...

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Do’s and Don’t’s of Bailing Out Adult Children

Posted by on Apr 23, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Live Life to the Fullest | Comments Off on Do’s and Don’t’s of Bailing Out Adult Children

Do’s and Don’t’s of Bailing Out Adult Children

Do’s and Don’t’s of Bailing Out Adult Children   75% of parents supported adult children with living expenses or paying their debt reports CreditCards.com. That is money, you may not see again. That is money you may need for your own retirement. Will the adult child you are bailing out, help you in your retirement years? Before you write a check: DO ask specifically what the money is for. There is a delicate balance between not embarrassing your child over their financial ‘crisis’ and cutting off communication when they encounter other ‘life’ situations. Yet it is also important to...

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Practical Tips for Family Caregiving, part 2

Posted by on Apr 9, 2019 in Certified Senior Advisor Boise ID, Financial, Financial Planner Boise ID, Health, Retirement | Comments Off on Practical Tips for Family Caregiving, part 2

Practical Tips for Family Caregiving, part 2 Are you currently a caregiver? Do you know somebody who is? Caregiving can be an all consuming responsibility – especially if your loved one is battling with dementia. Be careful not to let your ‘new job’ get you isolated. It is important for your loved one that you take care of yourself in this journey of caregiving. You don’t know if you will be needed for a few months or a few years. Take care of yourself from the beginning. Click here for the resources to support groups for caregivers from Part One of Practical Tips for Family Caregiving. Tip...

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