Jun
02

Are You Financially Prepared For A Divorce?

posted on June 2nd 2020 in Your Financial Advisor with 0 Comments

cropped shot of lawyer and client sitting at table with divorce decree and wedding rings

As life expectancy rises, so do the percentage of divorces later in life. Termed gray or silver divorces, these breakups are often exacerbated by the various transitions that come later in life: empty nests, aging parents, career changes and retirement.  Divorce can be a very costly venture, especially during these times of change, as couples […]

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May
27

Hear From Morgan About Caring For Aging Parents

posted on May 27th 2020 in WorthPointe News with 0 Comments

closeup of an old caucasian man and an old caucasian woman sitting in a couch holding hands with affection

The University of San Diego Alumni Association has been creating a series of video interviews with alumni about how COVID-19 is impacting their lives, careers, the job market and more. Recently, the association spoke with Morgan Smith, IMBA, CFP®, a financial advisor at WorthPointe, a registered investment advisor, about the financial planning profession and student […]

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May
14

Have Recent Events Derailed Your Retirement Plans?

posted on May 14th 2020 in Retirement with 0 Comments

Happy elder lady embracing her beloved husband

If you’re in your late 50s or early 60s and hoping to retire over the next two to four years, should you be worried that recents events such as the COVID-19 and the unstable market have set you back? Maybe, according to WorthPointe advisors John Chapman and Matt Addington, who discuss this question in a […]

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Oct
08

Not All $1 Million is Created Equally

posted on October 8th 2019 in Your Financial Advisor with 0 Comments

Aerial view of the New York City skyline near Midtown

Many people put their noses to the grindstone for years and years, working hard, saving, and investing with the goal of ultimately having $1 million. While that might seem like a perfectly admirable goal, to me it seems a bit short-sighted; not knowing the kind of life you desire, or where your journey is headed, […]

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Aug
27

Financial Planning vs. Wealth Management — What’s the Difference?

posted on August 27th 2019 in Your Financial Advisor with 0 Comments

Business group brainstorming on meeting to planning project finance analyzing calculate with report document, stacking coins for step up growing business to profit and saving with wealth management

It really drives me nuts when financial planning and wealth management are used interchangeably, because the two disciplines require different skill sets and are appropriate for different people. In a nutshell, a financial planner will accompany you on your trek up the mountain — toward financial independence — while a wealth manager resides on the […]

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Aug
06

Can The Lottery Ruin Your Life?

posted on August 6th 2018 in San Diego CFP Team Posts with 0 Comments

“For most people who win the lottery, it actual ruins their life.” Charles Stanley has decades of financial planning experience. He’s seen a little bit of everything when it comes to personal finance. Wealth building is a mindset that is unfamiliar to a lot of people. Charles uses the lottery to explain how our behavior […]

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May
23

Robo Financial Advice: Is the discount worth the risk?

posted on May 23rd 2018 in Austin CFP Team Posts with 0 Comments

Investing seems like it should be straightforward: buy when stock is low, sell when its high. Reap the profit. Makes sense especially when you consider the big gains demonstrated by the stock market over the past couple of years. Big margins meant bigger discounts for customers of the financial service industry with the growing popularity […]

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Apr
10

There is a Human Behind that Portfolio

posted on April 10th 2018 in WorthPointe News with 0 Comments

In the wealthiest nation in the history of the planet, people still struggle with resources. They work so hard to achieve success, but without the component of careful planning, they may never get a firm grip on their assets. You need a financial coach just like you need a personal trainer. Someone whose expertise cuts […]

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Jan
30

Don’t Tax Me

posted on January 30th 2018 in Market Commentary with 0 Comments

Don't Tax Me: January 2018 Market Commentary

“Don’t tax you, don’t tax me, tax that fellow behind the tree,” quipped Senator Russell Long, who chaired the powerful Senate Finance Committee from 1966 to 1981. Tax Reform is Here This past year, Halloween was barely over when House Republicans introduced their version of tax reform. Few observers thought such a massive undertaking could be signed […]

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