Financial planning is complicated. Developing an investment strategy, creating an estate plan, ensuring proper risk management, and even many everyday personal finance matters may require the help of a good financial advisor. But is your financial advisor a “fiduciary”? And what exactly does “fiduciary” mean? What is a Fiduciary Financial Advisor? In short, a fiduciary financial […]
By: Jacob Wade | Edited By: Brian Thorp Hiring a financial advisor can be a great move to help you achieve your financial goals and establish an investing strategy based on your individual needs and circumstances. Advisors can work with you to develop a personalized financial plan and build an investment portfolio to meet your […]
If you’ve ever thought of life insurance, it was probably colored by the instinctive unease of thinking about your mortality – the fact that one day you’ll no longer be among the living. After all, that’s the main reason to buy life insurance – making sure that your passing, as traumatic an emotional loss as […]
Taxes. One of the most hated aspects of personal finance, but without them, we don’t have a country. So, unless you want to get in serious trouble and potentially go to jail, you must pay Uncle Sam his due. The US tax code is infamous for its complexity, resulting in over 510,000 tax accountants, over […]
As I approach my own “work optional” phase of life, I’m thinking more and more about what our retirement budget might look like. More importantly, I’m looking at the (very large) investable net worth that would take. And no, I’m not gonna spill the beans about our numbers here, but I will share some interesting […]
Are you looking forward to owning your own house? No neighbors connected to your walls, your own private backyard, a place you can paint whatever color you want (without management approval?!) Buying a home can be one of life’s most exciting events, but saving tens of thousands of dollars for a down payment can feel […]
You’ve seen them on Instagram. You know, those carefree couples who are always jet-setting from one exotic destination to the next. Like the guy and gal you met at work – yeah, the perpetually well-dressed ones. Where did they go recently? The Caribbean again? Or was it Paris? You can’t keep up. But all you […]
Looking at net worth percentiles and averages by age group… Admit it! You can’t resist comparing yourself and your accomplishments to others, especially your peer group. Right? I do this, too, on occasion. It’s only human. In this article, I’m including several tables and graphs to help you compare. The data are all based on […]
Understanding Financial Advisor Directories Financial advisor directories serve as essential tools to help consumers discover, research, and vet potential advisors based on their specific needs, location, specializations, and credentials. These directories fall into three main categories: government regulatory databases that verify credentials and disciplinary history, professional association directories that feature advisors meeting specific standards, and […]