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5-Minute Fix: Springtime Means Updating Beneficiaries On Your Accounts

OK, we made that up. But now would be a good time to do some “spring cleaning” and dust off those beneficiary designations. In fact, we’ve been doing just that. In several recent meetings, we’ve been spending time with clients to discuss and update the beneficiary designations on their accounts. You can take a few minutes […]

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What’s The Difference Between Cost Basis And Performance?

We report both cost basis and investment performance on your quarterly statements, and get many questions about the difference between the two. Here’s a quick summary: Cost basis is an accounting and tax measure, which tells you how much tax you owe when you sell an investment. Your cost basis climbs each time you reinvest […]

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Why ATM Fees Now Cost More Than Your Cup Of Joe At Starbucks

Which costs more? A cup of coffee at Starbucks (which is already not cheap) or the average ATM fee? Believe it or not, the typical out-of-network ATM fee can now set you back more than that morning cup of joe. ATM fees for out-of-network locations have hit a record average cost of $4.57 a pop, […]

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Five Minute Fix: Best Financial Moves In Your 20s and 30s

In our practice, we work with clients – and their adult children – on building strong family finances across generations. Clients want to see family wealth used as a positive force, and part of that means teaching younger generations to handle money responsibly. It’s certainly true that the choices you make in your 20s and 30s […]

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5-Minute Fix: Estimating The Value Of Your Home

If you are thinking of selling your home, your realtor can give you the best estimate of its market value. But even if you are not thinking of selling, it can be helpful to have a third-party estimate of value. Some people like to track their home value from year-to-year so they can stay on […]

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5-Minute Fix: Your Road Map To Retirement

Do you know how much you need to save each year to be on track for retirement? Don’t be worried about the exact dollars and cents.  Just being in the ballpark is good enough. It’s a good idea to figure out that number.  Know why? Of course, knowing how much you need to save each year […]

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5-Minute Fix: Do You Have Enough Life Insurance?

No one really wants to buy life insurance. But we probably all understand how it’s often the only way to protect our loved ones if we die too early. Here are the simple facts: Most people in this country are uninsured. Three out of 10 people reportedly have no life insurance at all. And the […]

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5-Minute Fix: Streamline Your Investments

Here’s a good way to start off the New Year and save yourself time, money, and aggravation. Many investors have accounts spread among several brokers and custodians, making it hard to keep tabs on what they really own and how their funds are invested. You can streamline your account management by consolidating all your accounts […]

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Five-Minute Fix: Checking Your Social Security Benefits

Remember that earnings statement you used to receive every year from the Social Security Administration?  Unfortunately, it’s gone the way of the dodo in an effort to save money on postage. Nowadays, that statement is mailed only to workers nearing retirement age. Everyone else will need to visit a new Social Security website to obtain their own earnings statement.  According to […]

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