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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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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Women’s Financial Achievements, Today And Looking Ahead (Mar 7, 2018)

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.

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Healthy Financial Parenting And Managing Parental Differences (Feb 23, 2018)

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. Our sister site, SageVest Kids, offers some helpful insights into how to manage parental differences about money and establish healthy financial parenting behaviors.

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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 Money Tips For Women (Jan 2, 2018)

As women’s roles expand in our workforce, our communities, and our family networks, so too do their responsibilities. Women are increasingly independent, personally and financially, often supporting both themselves and other family members. Yet gender-specific issues like lower earnings and longer lifespans continue to challenge longer-term financial security. What better way to celebrate Women’s Self Empowerment Week, therefore, than by considering women’s financial well-being?

As a top-ranked, woman-owned personal wealth manager, we understand the importance of financial planning for women. Here are five essential money tips that every woman should follow.

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Washingtonian Top Fee-Only Financial Planner In The DC Area (Dec 21, 2017)

2017 marks 10 years since Jennifer Myers first founded SageVest Wealth Management as an independent, fee-only financial planner in the Washington, DC area. Throughout the last decade, our firm has remained committed to delivering excellence in investment and financial planning services to individuals, families, and business owners throughout Virginia, Maryland, and the wider DC Metropolitan region.

We’re always honored to receive recognition for the exceptional level and breadth of knowledge, experience, and service that we render for our clients.

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Adoption: What To Expect Practically, Financially, And More (Nov 2, 2017)

November is National Adoption Awareness Month. If you’re pursuing adoption, perhaps your journey is due to fertility issues, being single or part of a same-sex couple, or simply a fundamental desire to provide a loving home to a child in need. Whatever the reason, adoption is a joyful, life-changing experience for both parent and child.

It also requires careful consideration: practically, financially, and emotionally. I can attest to this as a proud adoptive single mother of two, and President of SageVest Wealth Management.

When I first explored adoption, there seemed little clear guidance about this important life event. While everyone’s adoptive experience is unique, I’m happy to share my own insights with other prospective parents.

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