by Randy Chalmers on July 7, 2023.
You’re saving just the right amount in order for your family to afford the necessities plus a little extra in retirement. We all dream of retirement sitting on our porch with our favorite beverage as the sun is going down, but what about the day leading up to that peaceful evening? Have you included your...
by Dave Conley on July 3, 2023.
What is American Exceptionalism? There is no other country in the world that represents the blend of classical philosophy, Christianity, and even Enlightenment ideas in the way America did in the founding of the republic from 1776 to 1789. It was an exceptional (meaning uncommon) mixture of liberty, limited government, natural rights, and religious liberty...
by Dave Conley on June 6, 2023.
What determines the amount of your Social Security benefit? How to determine what your benefits? The mistake over 40% of all retirees make when starting their Social Security.
by Dave Conley on May 26, 2023.
Every few years we have this discussion about whether or not we are going to raise the debt ceiling. Let’s just be honest, the debt ceiling will be raised. Since 1960, it’s been raised 78 times (more than once a year). The chart below shows the times the debt ceiling has been raised since 1970....
by Dave Conley on May 12, 2023.
As a financial planner, I know that Social Security benefits are (or will be) a critical source of retirement income for many of our clients (and most Americans), particularly those who are 55 or older. According to the Social Security Administration (SSA), in 2021, the average monthly Social Security retirement benefit for a retired worker is $1,557. Over the next 3 weeks I will cover strategies you can take to maximize your potential Social Security benefit.
by Dave Conley on May 6, 2023.
As a financial planner with 25 years of experience, I understand that investing can be daunting, especially in uncertain times. With recent news of bank financial distress, it's natural for many clients to feel anxious about the safety of their investments. However, I'm here to assure you that the US economy, markets, and financial system are resilient, and there's no need to panic.
by Dave Conley on April 28, 2023.
“Awareness is like the sun. When it shines on things, they are transformed.” Thich Nhan Hanh Becoming aware of our spending is one of the most powerful tools we have. Why? In examining our spending we become aware of ourselves. Budgeting is simply being aware of our spending. Why is this keeping track of how...
by Dave Conley on April 7, 2023.
As a professional investor for almost 30 years, I rely on my own experiences to help guide my investment approach. Every crisis is different, but they often have things in common. The financial crisis of 2007-2008 was a difficult time for many investors, with stocks and bonds experiencing significant losses. While it’s impossible to predict...
by Dave Conley on March 17, 2023.
Although there is no foolproof formula for investing success or failure there are traits that those who do well over the long term possess. As a financial planner with 25 years of experience, I have seen many investors succeed and others struggle. Through my experience, I have identified three primary characteristics or habits of a good investor and three characteristics or habits of poor investors.
by Dave Conley on March 3, 2023.
Retirement is a stage of life that everyone looks forward to, after years of hard work and saving. However, the key to a happy retirement is having enough money to sustain you during this phase of your life. One of the most important decisions you will make during your retirement is how much of your savings you can safely spend each year. In this blog post, we will outline the top 5 retirement spending strategies that retirees can use to plan their retirement spending.