The MDP Blog
I’m going to let you in on a secret in the money management world. Most advisors’ income is solely dependent on the dollars inside the investment accounts under their watch, which means they are laser focused on growing their ‘assets under management’
Retirement is a 2-sided equation. Savings balances are important, but retirement readiness is also, and equally, a function of spending.
The fact is, most folks can’t or won’t find the time to dig in and really make sure they have their financial ducks in a row.
Mark Schweiss CFP®, CPA, CFA joined the firm late in 2017. He humored me by answering a few questions so you could learn more about him.
Whether or not to accelerate mortgage payoff is a question that crosses most homeowner’s mind at some point. It’s especially top of mind this time of year as you gather the documents to file your taxes and see how much you paid in interest last year on your mortgage. As I discussed this with a client recently, I thought it might be interesting to share my thoughts with you as well.
Sometimes we put off important things that aren't urgent. Financial planning should be moved up your list.
A 401k or 403b is a fantastic place to begin building a nest egg, but making the most of the plan can be confusing.
Would you rather have $1,000,000 or the sum of a penny doubled every day for 30 days? If you did the math, you know that the magical penny is the correct answer and by a long shot. By the end of a month, you’d have $10,737,418.24.
Do you feel guilty any time you spend money? You don't have to live this way.
Switching to a high deductible health insurance plan can save you significant dollars in monthly premiums, but is the higher potential out of pocket worth the monthly savings?