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We’re excited to announce a way to pay for our services for those who may not have built up significant assets yet. Formerly, we had a minimum asset level of $500,000 in order for a client to work with us. Now, even clients with less than that amount can start a relationship with us, using

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401(k) Loans-Good or Bad?

If you are in need of cash for an emergency and have a 401(k), it might be tempting to look at your retirement account as a way to pay for the emergency expense. You would probably prefer a loan over a withdrawal and with good reason. The withdrawal would be taxed and penalized but you

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Equifax Security Breach

On September 7th, Equifax, one of the 3 major credit reporting agencies in the U.S., reported a cybersecurity incident that could impact 143 million U.S. consumers. The stolen information includes names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers and credit card numbers. What does this mean to you: The

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A dignified, independent retirement means having an income that rises at a rate that offsets increasing living costs over a decades-long retirement. The financial asset that has historically best protected investors over multiple decades with a stream of income that grows at a rate faster than the cost of living increases is stocks. The cost

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Disability insurance provides you with income if you become unable to work because of illness or accident.  It is only available for people who have earned income, since it is the income that you are insuring.  If you work for a large company, you likely have at least the option of having disability insurance.  It

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Health Savings Accounts, also known as “HSAs” are a popular tool for making tax deductible contributions to an account that can be used for eligible health care expenses, now or in the future. HSAs can be opened by anyone with what is considered a “High Deductible Health Plan” or “HDHP” (see definition below). Contribution limits

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On the July 26th edition of Freakonomics Radio titled “The Stupidest Thing You Can Do With Your Money“, Nobel laureate Eugene Fama and Kenneth French (among others) share their thoughts on using low-cost index funds for investing. Both Fama and French are on the Board of Directors of Dimensional Fund Advisors the mutual fund company that Milestone

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When you think of “Estate Planning”, most people think of wills, trusts, advanced directives, powers of attorney and other important documents you need at the end of your life. However, some of the most important estate planning that you can do doesn’t require an attorney. It only requires that you assign beneficiaries to  your assets

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When we talk to our clients about what they plan on doing during retirement, many have a fairly long “bucket list”. Travel is often near the top of the list, as is donating time towards a cause they are passionate about. As we have found out through the experiences of a few of our clients,

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Sometimes you may have a year with unusually low income.  Often times there is a period of years after you have retired when your income is unusually low.  You no longer have a large salary and you are not yet required to take distributions from your IRA/401k (until age 70.5).  This is particularly true if

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