As a woman, you might find yourself so committed to those you care about, your career, business, or other life obligations, that it could be tough to carve out time to address what’s best for you. Yet when it comes to retirement planning, it’s vital that you make yourself the priority. SageVest Wealth Management discusses the most common reasons women delay financial preparations for their retirement, and offer advice on how to overcome these concerns.Read More
SageVest Wealth Management is an independent, fee only financial advisor. We work with individuals, families, business owners and others, helping each of our clients to make smart financial decisions in support of their unique wealth objectives. As a fiduciary advisor, our clients know that their best interests always remain central to our recommendations.
We’re thrilled that this commitment to excellence in wealth management has again been recognized with a Northern Virginia Top Financial Professional award for 2018.Read More
One of the earliest steps to teaching your kids about finances is talking to them about money. Whether it’s teaching your toddler about different coins, helping your tween open their first bank account, or discussing student loans and taxes with your college-age teenager, how you talk about money has a lasting effect on your child. Discussing finances positively fosters a healthy relationship towards money that will stay with your kids into adulthood and help them achieve a fulfilling and successful life through sound wealth management. SageVest Wealth Management’s sister site, SageVest Kids, discusses 10 positive ways to talk to kids about money, life, and more.Read More
If you’re ‘sandwiched’ between raising children and looking after aging parents, then you’re officially a member of the Sandwich Generation. Roughly half of people in their 40s to 60s face the challenge of supporting themselves, their children, and older relatives.
As families delay having children, and more grandparents live longer, the Sandwich Generation is predicted to continue expanding. SageVest Wealth Management offers some useful strategies to help you balance personal and financial considerations during this challenging phase of life.Read More
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, SageVest Wealth Management thinks 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.Read More
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, SageVest Wealth Management has a number of answers for you.Read More
March is Women’s History Month, making it a perfect time to highlight women’s many achievements since women first gained the right to vote, less than one hundred years ago. Today, women comprise 47% of the workforce, occupy 20% of U.S. Congressional seats, and more women under age 29 obtain undergraduate diplomas compared to men.
However, while there’s much to celebrate about women’s empowerment, there’s still a long road ahead to accomplishing true equality for women: personally, professionally, and financially. We take a look at some interesting statistics about women today, and consider ways to secure your financial future as a woman.Read More
One of the most fundamental aspects of teaching your kids about financial literacy is being a strong money role model. Healthy financial parenting starts with understanding your own approach to money, and, if you’re part of a couple, your partner’s outlook on money too. If you have differing financial perspectives, it can be difficult to manage parental differences. This can be especially true if the family’s divided by separation or divorce. SageVest Wealth Management’s sister site, SageVest Kids, offers some helpful insights into how to manage parental differences about money and establish healthy financial parenting behaviors.Read More
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.Read More
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.Read More