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 …Read More
Is Financial Planning a Pandemic Necessity?
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
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
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 …Read More
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 …Read More