The Importance of Talking with Your Kids about Finances When Times are Tough

Jul 31 2020

The post The Importance of Talking with Your Kids about Finances When

The recent news on job loss is staggering. Unemployment rose higher in three months of COVID-19 than it did in two years of the Great Recession. According to the Pew Research Center, the unemployment rate is higher than officially recorded, more so for women and certain other groups. If you think those kinds of headlines are frightening for you to read as an adult, imagine the impact that your financial insecurity has on your children. I feel strongly that parents need to be honest and straightforward with …

Jul 10 2020

Is Financial Planning a Pandemic Necessity?

By Michael Garry Yardley Wealth Management

Financial Planning magazine just released their annual tech survey and a corresponding article: Tech Survey 2020: Advisors losing faith in planning software. I was honored to be interviewed by the reporter and included with the other tech-savvy advisors who weighed in. The journalist and I discussed the tools that Yardley Wealth Management uses to help put together a financial plan for our clients. The reporter shared that their survey results showed that many advisors were cutting back on financial planning software, perhaps as

Mindset Mastery Podcast by NAPFA: “Anything is Possible” with Michael Garry

Jul 07 2020

The post Mindset Mastery Podcast by NAPFA: “Anything is Possible” with Michael Garry appeared first on Yardley Wealth Management, LLC.

Mindset Mastery Podcast by NAPFA: “Anything is Possible” with Michael Garry

This past month, I had the honor of being interviewed by Marie Swift for the NAPFA Mindset Mastery podcast about life lessons learned from completing an IRONMAN Triathlon. I enjoyed speaking with her about how the skills I learned in achieving my goals and staying on track for the IRONMAN translate to serving my clients in my practice, Yardley Wealth Management.

In the podcast, I discuss how

Don’t Retire Too Early #FIRE

Sep 06 2019

The post Don’t Retire Too Early #FIRE appeared first on Yardley Wealth Management, LLC.

I want to talk to you today about something that may seem counter-intuitive.

I’m a financial advisor and I want people to get into great financial shape. Even though I want people to enjoy retirement, I don’t necessarily think that people should retire fully from work at a young age.

Some data shows that early retirees are at special risk for cognitive decline. Other data shows a loss of social networks. Neither of those sound like golden years.

A study from 2018 showed that men …

Spending a lot of Money on Sports for your Kids?

Jun 15 2019

The post Spending a lot of Money on Sports for your Kids? appeared first on Yardley Wealth Management, LLC.

I read a very interesting article recently about spending for school and club sports for teens and pre-teens.

Apparently, the amount that parents spend for their children on sports keeps climbing. Many spend thousands of dollars a year for their kids to play on elite teams. The goals are to get elite training and play with other really good players so they can get some sort of college scholarship.

TD Ameritrade did a survey and found that 40% of parents …

Author - Michael J. Garry, CFP®, JD/MBA

Is Financial Planning a Pandemic Necessity?

Mindset Mastery Podcast by NAPFA: “Anything is Possible” with Michael Garry