Smart Saving Habits (Jul 25, 2018)

By the time summer arrives, you might be no longer be focused on your New Year resolutions about saving. Yet, with the year half over, it’s an ideal time to re-evaluate your financial independence and refocus on your goals for the year. If you find yourself off-track, you might want to consider new behaviors, possibly even adopting some extreme savings habits to help you achieve your objectives by year-end. Jennifer Myers of SageVest Wealth Management is quoted in US News And World Report’s recent article, offering advice on ‘How To Become An Extreme Saver In 2018’.

Choosing The Right Accountant For Your Business (Jul 5, 2018)

Having the right financial advisor is a vital element of success for you and your business. For our business owner clients, SageVest formulates customized financial plans that blend both personal and business objectives into a cohesive roadmap.

Identifying the right tax preparer is equally essential for you and your enterprise. Jennifer Myers recently discussed ways for business owners to evaluate if an accountant’s the right fit, in Inc.’s article, ‘5 Ways To Tell If Your Accountants Know Their Stuff’.

With Rising Interest Rates, More Investors Consider CDs (May 30, 2018)

As interest rates rise, you might be considering a CD (certificate of deposit) as an alternative investment to bonds. With returns that aren’t subject to interest rate fluctuations, CDs can prove attractive, especially for retirees who may need a guaranteed income stream. However, as Jennifer Myers of SageVest Wealth Management cautions in Insurance News Net’s recent article entitled ‘Investors Perk Up As Bank CD Rates Near 3 Percent’, CDs have both pros and cons.

For a more in-depth discussion of this investment topic, read our blog article: Bonds Versus CDs In A Rising Interest Rate Environment.

Paying Yourself As A Business Owner (Apr 25, 2018)

Maximizing profits is one of the key components of achieving success for your business. One approach that many business owners consider is paying yourself little or nothing, in order to limit expenses. However, this can have significant financial consequences, both for you and your business.

SageVest Wealth Management offered a broad discussion of this perennial topic in our article entitled Taxable Pay For Business Owners. More recently, Jennifer Myers offered some select advice to Business.Com, in ‘How Should Entrepreneurs Pay Themselves?

The Financial Cost Of Being A Stay-At Home Mom (Apr 24, 2018)

As a woman-owned investment management and financial planning firm, SageVest Wealth Management is particularly cognizant of the unique challenges faced by women when it comes to balancing personal, family, career, and financial objectives.

One of the most common considerations is whether it’s financially feasible for one parent to stay home with the kids while the other partner becomes the prime breadwinner. Jennifer Myers recently talked with lifestyle blog, Motherly, about how to plan financially for this scenario, in ‘Yes, It Really Is Harder For Families Now To Get By On A Single Income’.

Sorting Fact From Fiction – Retirement Myths (Apr 19, 2018)

When it comes to your retirement finances, there’s a lot to think about and plan for, whether you’re retiring soon, or are several years from retirement. SageVest Wealth Management creates personalized, dynamic retirement plans for each of our clients, supporting their lifestyle, both now and in the future. Without the guidance of an experienced financial advisor, it can be difficult to know where to start, what to focus on, and how to sort fact from fiction when it comes to retirement myths.

Jennifer Myers was recently quoted in US News & World Report, discussing ‘7 Myths About Finances In Retirement’.

Starting A Business As A Single Parent (Apr 11, 2018)

Deciding to start your own business is always a bold move. While the thought of being your own boss is alluring, the reality is that it takes a lot of time, energy, and planning to succeed.

As a single parent, the challenge is even greater. You’ll have to juggle both your business and family needs – and still find time for you. Planning is key. SageVest Wealth Management’s President, Jennifer Myers, recently discussed some of the unique considerations for single parent entrepreneurs in Chase’s ‘Resilient America’ article, ‘6 Things Single Parents Must Do To Launch A Business’.  

Note: SageVest Wealth Management is an independent, fee-only wealth manager and financial planning firm. We receive no compensation or incentives and, as a fiduciary advisor, are legally required to always place your best interest first. Find out more about who we are and the services we offer.

Tax Reform May Prompt State Migration (Mar 5, 2018)

As a top-ranked wealth management firm, SageVest Wealth Management prides itself on providing our clients and others with timely and knowledgeable information on a broad range of personal finance and investment management topics.

In response to the sweeping US tax reforms that recently took effect, we’ve offered guidance from a range of different perspectives. Most recently, Jennifer Myers was quoted in Bloomberg News, discussing how new state tax deduction limitations may have widespread and unintended consequences for states, businesses, and individual employees. Read more in ‘New Tax Laws May Make It Easier To Woo Talent To Low-Tax States’.

How To Avoid Family Inheritance Squabbles (Nov 17, 2016)

Discussing your wealth and your wishes with loved ones in advance is essential to safeguarding both your requests during your lifetime and your bequests in the future. Yet it’s typically the single most avoided conversation for most families.

Planning ahead can help define preferences, avoid hurt feelings and confusion, and ensure a smooth transition of wealth to later generations.

Parents don’t need to talk numbers, but should have frank and ongoing discussions that include highlighting any unexpected bequests. Similarly, children shouldn’t predicate their own future on the possibility of an inheritance, but should plan carefully for financial independence on their own terms. SageVest Wealth Management advisor, Michael Fuhr, was recently featured in Forbes, discussing a range of considerations, in their article on this topic: ‘The Shocking Reason Why Siblings Squabble Over Inheritance And How To Prevent It’.

Investing Your Inheritance (Sep 28, 2016)

Receiving an inheritance is generally a time of mixed emotions. The potential of the financial legacy to improve your lifestyle is typically tempered by grief over the loss of someone near and dear.

You can honor your loved one through careful stewardship of the inheritance. There are multiple factors to consider when deciding how best to invest your windfall. Take your time to make reasoned and logical decisions that support your long-term life goals, including retirement. Jennifer Myers, President of SageVest Wealth Management, recently discussed how personal investment tolerance and the size and nature of the inheritance can impact these important decisions, in US News & World Report’s article: ‘How To Invest An Inheritance For A Comfortable Retirement‘.