Financial Planning & Retirement Archives | The Fiduciary Group

Why an Estate Plan Is the Best Gift You Can Give Your Grandchild


While awaiting the recent birth of my first granddaughter, I spent a lot of time thinking about the best possible gift I could give her. Ultimately, I decided that the ideal present for my grandchild was to give her parents–my daughter and her husband–a professionally drafted estate plan. New parents can be overwhelmed with the…

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The History of Retirement

February 2021  By: MICHAEL McLEOD, CFP®

For many Americans, building the financial assets to transition from daily work to retirement later in life stands apart as a top goal. The concept of retirement is deeply ingrained in today’s culture, but it’s actually a relatively new idea. In 1900, the average global life expectancy was just 31 years. By 2017, that number…

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Strategic Ways to Optimize Financial Planning in 2021

January 2021  By: MALCOLM BUTLER, JD

As 2021 gets underway, there’s a palpable sense of optimism both domestically and internationally as we move forward with an expanded rollout of the COVID-19 vaccine. We hope the New Year will bring an increased demand for travel, dining, and entertainment that will give the private sector a much-needed boost. We also hope that 2021…

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Planning Throughout the Retirement Lifecycle


Three Phases of Retirement We generally think about retirement in three broad phases. Within each phase, distinct trends and priorities have emerged among retirees in the numerous studies that have been completed on the topic. Each client has their own unique plans for retirement, but understanding these general patterns provides helpful context and is a…

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The Election Is Over. Now What?

November 2020  By: MICHAEL McLEOD, CFP®

Election Day 2020 has come and gone, and many clients are naturally interested in what the results mean for their personal finances. Although President-elect Joseph Biden’s policy agenda offers stark contrasts to many current policies, particularly in the realm of tax policy, the degree to which the political consensus will push through sweeping changes remains…

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Preventing the Need for Early Retirement Account Withdrawals

November 2020  By: BESS BUTLER

Over the past several months, 401(k) plan participants have asked about taking advantage of pandemic-related CARES Act changes to retirement account withdrawals. Although the CARES ACT has made it easier to withdraw funds, this should only be done as a last resort. Steps can be taken to prevent the need to tap into funds allocated…

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How to Determine Your Ideal 401(k) Asset Allocation

October 2020  By: KYLE POWERS, CFP®, MBA, AIF

There are three major factors that impact your retirement goals: how much money you save, how long you save, and the rate of return on those savings. Quite often, investors focus on their short-term rate of return, which is the factor over which they typically have the least control. In fact, research conducted by Vanguard…

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How to Keep Heirs From Being Spendthrifts

August 2020  By: MALCOLM BUTLER, JD

This article was originally published to subscribers of The Wall Street Journal, found HERE. Over the course of my career, I’ve seen spendthrift beneficiaries attempt to burn through trusts—seeking money to fund credit-card debt, half-baked business ideas, designer shopping sprees and even plastic surgery. Spendthrift beneficiaries can be manipulative, self-centered and narcissistic in dealing with…

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9 Tips to Build and Manage Your 401(k) Account


You’ve signed up for your company’s 401(k) plan, but that’s only the first step in saving for retirement. Keep in mind that the primary factors which determine your success in adequately funding your retirement are how much money you save, how long you save, and the rate of return on your savings. Social Security income…

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What Should You Do with Those Old Retirement Accounts?

July 2020  By: KYLE POWERS, CFP®, MBA, AIF

You’ve worked hard over the years and diligently contributed to your workplace retirement account. You focused on the right things, like proper asset allocation, receiving the full employer match and deferring enough from each paycheck to reach your retirement goals.  After all, you’re not planning to work forever. What will you do with your 401(k),…

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