Author - Vid Ponnapalli, MS, CFP®, MPAS®,CRPC®

1
What to do when your Estate documents are old?
2
What to Consider When Considering A Second Home
3
All You Need To Know About 401(K) When Switching Jobs
4
7 Considerations for a Successful Retirement
5
7 Ways to begin the New Year on a strong Financial Footing

What to do when your Estate documents are old?

Estate Documents

In recent times, I worked with quite a few clients who already have estate documents, albeit executed many years ago. Invariably, each of them asked me these very important questions – 1) What should we do if the last Will we executed is old?, 2) How often we need to revisit or review our will? While no one answer fits the unique needs of all, very generally speaking, my recommendation is – You need an estate attorney to look over your documents every 10 years or so.

That said, here are 7 points to consider to ensure your Estate Documents

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What to Consider When Considering A Second Home

Second Home

My wife and I took our long-awaited vacation at Turks and Caicos last week. Apart from enjoying the white sandy beaches and the cool breezes, I also noticed there was so much enthusiasm in fellow-vacationers about owning a second home at the beach front. And, the confidence that they could afford such a commitment was high. I wondered why – and then answered my own question: Perhaps, these two financial factors had a role to play: 1) the 9-year long bull market rise (despite some notable and recent slides), and 2) interest rates that remain historically low.

Hence this blog

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All You Need To Know About 401(K) When Switching Jobs

Land a great new job? Awesome. Now is the perfect time to think about your 401(k) and retirement plan, whether you had one before or not. Saving for retirement is important at all ages, so don’t let this opportunity fall to the bottom of your list.

Here are few tips to consider when starting a new job and a new 401(k).

1. Make more contributions if you have a bigger paycheck. When you get a raise, it is a good idea to increase the amount you contribute to your 401(k). You didn’t have this money in your pocket, so you

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7 Considerations for a Successful Retirement

When planning for retirement, thinking ahead can spell the difference between a successful retirement with enough money and a stressful one with difficult decisions that you don’t want to make. Here are 7 retirement considerations that every investor should think about:

1. Understanding Social Security

The goal of Social Security is not to get the most you can from the government in your lifetime. It is to optimize the amount you receive per month when you finally retire.

The earliest age you can start Social Security is 62. If you retire at 55 or 60, then you might want to …

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7 Ways to begin the New Year on a strong Financial Footing

Welcome to the New Year, 2018! There is no better time than now to reflect on how you have been managing your finances, and perhaps begin the New Year with a commitment to do a deep-dive financial analysis.

Do You agree? If you do, here are seven ways to get you on a firm financial footing. Let’s discuss.

1. Organize Your Finances

I recently met a couple who are in their late forties. Each had a 401(K) account with his or her current employer. Husband had three traditional IRA accounts and one ROTH IRA account. Wife had two traditional IRA …

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