How to Maintain Your Lifestyle in Retirement

By Carl Trevison and Stephen Bearce How to Maintain Your Lifestyle in Retirement You may have heard the rule of thumb that you need to replace about 80% of your preretirement income if you want to maintain your current lifestyle when you retire. But like many rules of thumb, that advice is much too general […]

Your Estate Planning Checklist: 10 Documents to Get Started

By Carl Trevison and Stephen Bearce Your Estate Planning Checklist: 10 Documents to Get Started If you’ve been dragging your feet when it comes to estate planning, you aren’t alone. According to a 2017 survey by Caring.com*, nearly six out of 10 American adults lack even basic estate-planning documents. Even if you’ve put some documents […]

Compounding: The Potential Power of Time

By Carl Trevison and Stephen Bearce Compounding: The Potential Power of Time Why is time of the essence? The sooner you begin saving — even small amounts — the better your chance of reaching your retirement goals. Consider the following example that shows how much waiting to invest can cost. Put time on your side. […]

Debt Management Solutions

By Carl Trevison and Stephen Bearce Debt Management Solutions Balancing debt repayment with investing goals takes some strategy and planning. Some consider investing as a first line of defense while paying down debt as a second. The debt dilemma The process for eliminating debt is anything but an easy-to-solve financial equation. Many people wonder if […]

Are You Prepared to Handle a Personal Financial Crisis?

By Carl Trevison and Stephen Bearce Are You Prepared to Handle a Personal Financial Crisis? Individuals who are married or in a committed relationship face the possibility they’ll end up managing finances alone at some point in their lives. Unfortunately, the first time many experience handling complicated financial matters alone is during a personal crisis […]

10 Reasons Why Beneficiary Designations Are Important

By Carl Trevison and Stephen Bearce 10 Reasons Why Beneficiary Designations Are Important Beneficiary designations can provide a relatively easy way to transfer an account or insurance policy upon your death. However, if you’re not careful, missing or outdated beneficiary designations can easily cause your estate plan to go awry. We often complete these designations […]

Savings Strategies for the Gig Economy

Financial Focus By Carl Trevison and Stephen Bearce Savings Strategies for the Gig Economy If you’re one of the growing legions of gig workers, freelancers, or commission-based employees, your income stream might feel a bit like a roller coaster. And that can make it tough to save for retirement. “More and more people are participating […]

How to Avoid and Correct Tax Issues

By Carl Trevison and Stephen Bearce How to Avoid and Correct Tax Issues Nobody likes unexpected tax bills or IRS penalties. So how can you minimize the possibility of errors on your return? And if an error does still slip through, what then? In both cases, it’s often a matter of paying close attention to […]

Gather All Your Assets

By Carl Trevison and Stephen Bearce Gather All Your Assets Investment planning is like doing a jigsaw puzzle except the pieces don’t always come in one box—often you have to gather them from a variety of sources. When putting an investment plan together, you have to combine information on assets, debt, insurance, and more to […]

Financial Lessons You Can Learn from Retirees

By Carl Trevison and Stephen Bearce Financial Lessons You Can Learn from Retirees Does this scenario sound familiar? • When the market is up, an investor feels good and buys stocks. • When the market is down, that same investor gets scared and sells. Although reacting like this may feel right at the time, the […]