Why You Need A Financial Advisor (Jul 17, 2018)

You wouldn’t consider running a marathon without first undergoing a medical and some fitness training. If you’re serious, you might even hire a professional trainer to create a personalized workout that maximizes your chances of crossing the finish line.

Think of a financial advisor as a trainer – but for your money. They evaluate your current financial fitness, learn about your wealth goals, and develop a customized plan to secure your current and future financial wellbeing. While everyone’s reason for hiring an advisor differs, there are commonalities, like saving for retirement, the loss of a spouse, or starting a business. Here are ten reasons why you need a financial advisor.

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20 Important Questions To Ask A Financial Advisor (Jun 18, 2018)

There’s a lot to at stake when you’re interviewing a financial advisor to guide your wealth decisions and help you achieve financial security. You want someone who possesses the knowledge, experience and qualifications you need, at a price that’s reasonable, and with a dialogue that’s meaningful to you. We offer 20 important questions to ask a financial advisor across four key categories, to help you make the best choice.

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National Family Wellness Month (May 7, 2018)

May marks #National Family Wellness Month, a time to focus on health and well-being together by getting active after the long winter, eating right, and thinking positive.

As a top-ranked investment and wealth manager in the DC area, we think that your family’s sense of wellbeing should also extend to your finances. A strong financial foundation fosters confidence, security, and peace of mind, supporting a healthy and happy lifestyle for you and those you care about. Here are some tips to ensure financial wellness for the whole family.

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How Tax Reform Affects Your Alimony (Apr 13, 2018)

Alimony, also known as spousal support or maintenance, is typically paid by the higher earning spouse following divorce. While some states still award lifetime alimony, it’s barred in others, so today, most alimony is rehabilitative and durational: paid for a set amount of time following divorce, or until the recipient remarries.

Recent tax reform changes have shaken up the divorce planning arena. The previous tax status for alimony (in place since 1942) is soon to reverse. If you’re wondering how new tax laws impact your existing or upcoming divorce settlement, we have a number of answers for you.

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Teaching Your Kids About Money Before College (Mar 23, 2018)

Preparing to send your teen off to college can be an exciting, busy and stressful time. There’s a lot to plan for with little time remaining.

Hopefully you’ve had many years of teaching your kids about money before college. If you haven’t, it’s crunch time to instill some teen financial basics. Even if your teen is financially ready and capable, now’s a great time to review budgeting, spending, and saving. SageVest Kids’ six-month plan will help guide these final months of teaching your kids about money before college.

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The Decision To Rent Or Buy A Home (Mar 22, 2018)

The decision to rent or buy a home has always been a significant financial consideration. However, whether to rent or buy is a particularly hot topic right now, given a booming real estate market, new mortgage interest deduction limits and a rising mortgage interest rate environment.

It doesn’t matter if you’re a Millennial thinking of buying your first home, a professional relocating for work, or a retiree downsizing to a condo or apartment: The own-or-rent decision is a complex one, influenced by a host of factors. We offer tips and insights about renting versus buying.

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Top 10 Retirement Myths (Feb 27, 2018)

You’ve probably heard some retirement myths, or read them online. While quick-fix retirement myths can be tempting, it’s important to evaluate their accuracy relative to your personal finances. Furthermore, many retirement myths are decades old, when lifestyles and retirement were far different than today.

Whether you’re a Millennial just starting out, an individual at the height of your career, or you’ve already retired, it’s vital to make the most of your retirement savings. This begins with establishing a personalized retirement plan – and reconsidering the validity of the following retirement myths.

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Financial Tips For Relationships Later In Life (Feb 22, 2018)

Entering a new romantic relationship at any age brings excitement, possibilities, and energy. It also entails considerations of compatibility on a multitude of levels, including financially.

Getting together on the same page about money is a key element of relationship success, but it’s especially important for relationships formed later in life, whether you’re simply looking for friendship or searching for a new soul mate. At this stage in life, you’re likely to be more personally and financially established, possibly with a family, your own home, or even a business. Blending a new partner into your life and into your finances requires thoughtfulness, open communication, and careful planning.

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Financial Planning Tips For Parents (Feb 13, 2018)

For many individuals, one of the most rewarding and challenging journeys in life involves being a parent. Beyond the daily essentials like love, good food, toys, and more that your child will need to learn and grow, there are also a host of financial considerations for you to plan for. These include decisions about childcare costs, healthcare coverage, and estate planning options.

If you’re thinking about parenthood now or in the future, SageVest’s sister site, SageVest Kids, offers some helpful financial planning tips for parents.   

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5 Questions To Ask Yourself About Saving For Retirement (Feb 1, 2018)

Do you have trouble envisioning your retirement? Are you realistic about both your current budget and future retirement expenses? Do you even know where to start when it comes to saving for retirement? These are all classic traits that can impede your retirement success.

The good news is that you can change your approach to retirement. Jennifer Myers was recently quoted in US News and World Report and we offer five quick questions about saving for retirement, and the benefits of working with a financial advisor to achieve your retirement objectives.

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