August 2019 Update

Posts by financialconsulate

What to Do With an Existing 401(k) Balance

On a weekly basis, we answer many personal finance questions, either for our clients or for radio listeners. The most common question asked is what to do with an existing 401(k) balance that was accrued when working for a former employer. General rules about rolling over 401(k) balances can help guide you through this process,…

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Inertia: The Number 1 Enemy of Personal Finance

To an investor, the main obstacles to wise investing are greed and fear. How often do people buy stock simply because they think that they are going to make a significant amount of money? Greed can make the most rational of investors act foolishly. On the other side of the coin, panic often increases with market volatility.…

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The Elements of Estate Planning Most Missed

Many equate estate planning with creating a will. So, when you finally get around to writing your will– a task most of us prefer avoiding rather than addressing, you feel satisfied that you took care of everything. Unfortunately, though, you are far from finished with estate planning when you complete your will. Two essential elements…

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To Extend or Not to Extend?

It seems every year most people want to have their taxes filed by April 15th, and nobody wants to file an automatic, no questions asked extension till October 15th. It seems to us as many feel they are doing something wrong if they do not file by April 15th. Many believe if you extend your…

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