We have discussed the Santa Claus Rally in a previous blog post, and we suggest reviewing this previous content before we dig deeper into Market Seasonality below. The Santa Claus Rally is perhaps one of the most common examples of Market Seasonality, and considering...

While creating retirement plans for our clients, we always make sure to share the potential costs of Long-Term Care (LTC) services. As with all medical expenses, the costs for this care are rapidly rising and can easily be one of the largest expenses you may encounter...

IRA to ROTH IRA Conversions Each year, we recommend that our clients consider converting money from an IRA to a Roth IRA. Because of our national debt, we believe that taxes will need to be raised in the future, and tax brackets will correspondingly be worse. If you...

Home ownership is a large financial milestone, and whether you are buying your first home or have been through this process before, there are a few budgeting tips that we want to address. These tips may help prevent surprises you may encounter, and this could allow...

Planning for your future retirement income needs may be one of the toughest financial tasks you will face. There is a lot of uncertainty around the future of the economy as well as your potential life expectancy. There are some factors that are out of your control,...

Health Insurance Open Enrollment: Summit Health Services is now offering appointments to review any health insurance questions you may have. They can quote a large number of available options to make sure you have the best plan for your specific needs. Call us today...

Every profession has designations that reward hard work and dedication. For example, personal accountants often pursue their Certified Public Accountant (CPA) designation. In our industry, one such designation is the CERTIFIED FINANCIAL PLANNER™ certification. The...

It is becoming increasingly common for employers to no longer offer pension benefits for retirement. Pensions are very costly to the employer as wages continue to rise and life expectancy continues to extend longer. This means that the employer may be forced to set...

Update on TD Ameritrade to Charles Schwab Conversion The transition finally occurred this month! Please note you will receive a statement from TD Ameritrade this month showing a zero balance with a transfer out, and then you'll see a Schwab statement showing a...

My wife and I always had a trip to Italy at the very top of our bucket list. We were finally able to accomplish this during the summer, and it lived up to every one of our expectations. We learned a lot about the country, ourselves, and what it takes to prepare for a...

Update on TD Ameritrade to Charles Schwab Conversion Since Charles Schwab announced the merger with TD Ameritrade on November 25, 2019, we have communicated the many stages of this process. We have reached the final stage where the transition of your account from TD...

Long-Term Care is the need of professional assistance to perform regular activities of daily living. There are six activities of daily living (ADLs) that could qualify an individual for Long-Term Care (LTC) services, including needing assistance with eating,...

Ever since the COVID-19 pandemic, millions of borrowers have had their student loan payments deferred. The loans have been frozen to the extent that no payments were due, no late fees have been applied, and no interest has been accrued over the past few years. The...

We believe it is a huge decision to choose who to list as the beneficiary on your qualified retirement account. While the decision is ultimately the owner’s, we do have a few pieces of information to share that may influence that decision. This blog post is geared...

Not every company is publicly traded, so you may not easily be able to buy shares of their stock.  A company must go through a process called an Initial Public Offering, or IPO, if they want their shares to be publicly traded.   We believe companies decide to go...