Clients who want to retire before they are eligible for Medicare (age 65) are often concerned about how they’ll handle health insurance costs. Dental practice owners are probably used to paying this expense out of pocket already and have a better idea than most how much their coverage will cost, but the reality of paying the premium on their retirement income and realizing that
Clients, around the age of 60, start thinking about whether or not they should continue with their disability insurance. There is a diminishing return on investment when you consider that a disability policy only pays to a certain age, usually 65. While each year’s premium buys fewer years of benefits, it's also at a time when disability might be more likely.
I was recently quoted in a Forbes article titled "Should You Ask Prospective Financial Advisors About Their Finances?" The author asked whether I believed it was reasonable to expect some financial transparency from one’s
Many of our clients use the Mission Financial Planning Dashboard (click here to learn more about the Dashboard) to track spending and have the ability to look at their finances "at a glance", all in one location. To maintain the security of the Dashboard, we recently added 2-Factor Authentication.
There are a few factors that should go into answering the question “which account do I withdraw from?”.
As advisors, we’ll think about several factors:
Avocado toast is the silly yet controversial topic of the month in the world of finance and social media. It started in Australia with millionaire and real estate mogul Tim Gurner commenting that if millennials gave up avocado toast (representing discretionary spending much like a Starbucks Latte has come to represent here) they could afford to buy houses.
Dentists: We have started working with a practice analytic software company to provide an add-on service for those clients who may want help quickly and easily tracking what’s going on in their practice.&nbs
A few things to check on your home insurance:
Be sure you have enough coverage to allow you to rebuild in the event of a catastrophic loss.
The holidays may seem an unusual time to talk about budgets and financial planning.
Sometimes dentists care so much for their patients and sacrifice so much for their employees that they short themselves and their own families.