wealth management

Over the past 15 years that I have been professionally helping people with their financial planning, I have helped many clients along their path towards their goal of retirement and other significant financially related goals. 

At the tail end of last year, I wrote about setting goals and lining yourself up to get things done that’ll make you thankful later on. 

Since we’ve now completed close to 5 months of this year, how are things going for you?  Did you follow through and get a plan in place?  How did your planning work out thus far and do you feel you’re making progress? 

What is getting in your way in your ultimate quest for financial security? 

Is it lack of time to plan or keep up with your plan?  Do you have a plan?  Are you expenses too high?  Or have you just been putting your planning on hold? 

In many ways, when it comes to financial planning, people become their own worst enemy. 

“A man who does not think and plan long ahead will find trouble right at his door.”  - Confucius

Are you on the right path?  Or even a path at all?  If you already work with a CFP®, or better yet Bowers Private Wealth Management, and have a basic plan in place….great!  If not, what is holding you back?

As a part of National Retirement Planning week (April 11th – 15th), I wanted to call attention to a few alarming statistics.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for ten years. –Warren Buffett

When it comes to investing in stocks, it can be very challenging to be as patient as someone like Warren Buffett.  Market environments like 2000-2002 or 2008, can be really tough to handle. 

When helping clients with their wealth management needs, Bowers Private Wealth Management takes many extra steps to protect against the many challenges to cyber security and identity theft threats that are out there these days.  I also want all of my clients to be armed and dangerous when it comes to protecting what they have earned.

As a part of National Consumer Protection Week (March 6-12, 2016), I wanted to pass along some solid information that I think will be of help to you. 

Let’s face it, this is not likely your most favorite time of year for one very important reason; taxes.

Fortunately for you though, there is help out there.  I love helping my clients to keep more of what they earn by helping them find ways they may have overlooked to reduce the amount that they ‘give’ to Washington each year. 

Want to keep more of what you earn?

It’s that time of year again….the tax man is coming.  It just so happens that one of the things that I enjoy most about my work is helping clients keep more of what they earn by sheltering their earned income. 

For me, each year seems to pass more quickly and the amount of distractions seem to increase as more and more technology makes its way into our lives. 

I have found that having an organized plan can really help to guide me through some of this craziness.  I also find having a plan is key in better managing 'lifestyle-creep'.  However, developing a plan can be nearly impossible if you don’t know what your goals are in the first place.

In my article about Stretch IRA's, I wrote about two key provisions that can allow your beneficiaries to 'stretch' out your IRA, giving your assets the opportunity to last for many years to the benefit of those you care about by allowing the IRA to continue to accumulate on a tax-deferred basis (or with Roth IRA’s, potentially tax-free) for as long as possible.