Claire Emory, MBA, CFA, CFP® | Unbiased financial advice from fee-only financial planners

Financial Planning Can Help You Avoid Financial Infidelity

Feb 14 2013

If you are married or live with your partner, your financial planning should involve your spouse, but for various reasons, a number of people find it difficult to be honest with a partner about money and spending.

In “Financial infidelity has its costs,” USA Today looked at the results of a survey with conflicting messages: “Sixty-three percent of men and 70% of women said they think honesty about money is as important as remaining monogamous.” and yet, “Lying to a partner about money was admitted by 56% of women and 37% of men in the poll.” We prize honesty in …

Consult A Fee-Only Financial Planner On Reverse Mortgages

Feb 11 2013

Are you considering a reverse mortgage? If you are you, may hear conflicting information about the wisdom of making such a move. You might want to consult with a Fee-Only financial planner who is well versed in retirement planning to get an expert opinion on how a reverse mortgage might work for your unique finical situation.

As you weigh information about reverse mortgages, consider the source, as you would when thinking about any other suggestions or advice. Rather than enter into the debate about whether choosing a reverse mortgage is a smart move, we would suggest that you think about …

Retirement Planning Isn’t Just About Money

Jan 24 2013

In “Retirement Planning More Than Just Finances, ” The Wall Street Journal highlights an important part of the retirement planning process: figuring out what to do when you stop working. The finance expert interviewed for the article says that he reminds his clients that if they took the time to plan their last vacation, they also need to take time to plan their retirement since they are “about to embark on a 30-year vacation.”

While you can always change your mind, having a plan for retirement is a sound course of action because if you are unhappy or bored, you …

Estate Planning Is Important For Young Adults

Jan 22 2013

The Epoch Times states, “Younger people may have a tendency to think that estate planning is only for older and wealthy people…” However, no one can predict the future and the publication outlines some very good reasons for those that have not reached their golden years to make time for estate planning. Not having a will means that you leave it up to the state where you live to decide what happens with your resources.

Minor children: If you have young children, you need to make sure that they are provided for. Should you pass away while your children …

Retiring Abroad Requires Retirement Planning

Jan 15 2013

While we encourage you to do some retirement planning, we don’t take it for granted that you plan to retire in the United States. Have you dreamed of retiring somewhere warm or not-so-warm overseas? Or have you wondered how you can make your money go further in retirement? Spending your golden years abroad isn’t for everyone: it will take some advanced preparation and a Fee-Only Financial Advisor can help.

The Miami Herald offered, “Six steps to size up your plan to retire abroad.” Some of these steps include:

Do some research stateside but also go for an …

Author - Claire Emory, MBA, CFA, CFP®