One of the biggest hassles at tax time can be gathering and organizing all the tax documents to give to your CPA. But what if you had a place to store your documents throughout the year that was secure and online, giving you convenient access anytime … [Read more]
How to Save for Retirement as a Small Business Owner
For many small business owners or self-employed individuals, contributing to a retirement plan often gets put on the backburner. With so much focus on the business itself, it can be hard to prioritize retirement savings, especially when you’re trying … [Read more]
What is Financial Planning?
In our experience as a financial planners, we’ve found many people are confused about what financial planning really means. This confusion can cause individuals to mistakenly believe they don’t need financial planning guidance. Some of the … [Read more]
Don’t Underestimate These Retirement Expenses
As people prepare to retire, a common mistake is the belief that their living expenses will be greatly reduced, sometimes even cut in half. While it is true that some expenses will be minimized, other expenses will increase, resulting in expenses … [Read more]
Four Signs You’re Ready to Downsize
Home ownership has long been touted as part of the American dream. But what happens when it becomes a burden? We often meet with clients who are considering whether to downsize or not. Throughout years of meeting with clients, we’ve found the four … [Read more]
401(k)s Aren’t Free: Why You Should Pay Attention to Fees
If you’re offering your employees a 401(k), you’re providing them a great retirement benefit. However, in our employee education and enrollment meetings, I’ve found that many employees mistakenly think that their 401(k) is free, not realizing they … [Read more]
401(k) Lawsuits Emphasize Employers Fiduciary Responsibility
Offering a 401(k) or retirement plan for employees is one of the best benefits an employer can offer its employees. However, in our experience working with companies on retirement plans, we've found many are unaware of their fiduciary liability, … [Read more]
Four Emotions That Can Sabotage Your Investments
Emotions can sabotage your financial plan and wreak havoc on your investments. Becoming emotional about investing is common and natural. As humans we’re wired for survival instincts. If we see or smell fire we run the other way. Investing often goes … [Read more]
What Should You Do With Your Old 401(k)?
Legacy often conducts education meetings where we help employees eligible for their company retirement plan understand their options and prepare for retirement. Of all the questions we hear, one of the most common questions employees ask is “what … [Read more]
What Money Mistakes Are You Making?
Everyone makes mistakes with money. As financial advisors, we are often asked what top money mistakes we witness. While many might expect us to expand on investment or retirement saving mishaps, the top five mistakes we see have more to do with money … [Read more]
