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

July 2020  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

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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Survivorship Planning Checklist

May 2020  By: MICHAEL McLEOD, CFP®

In many families, one partner takes a more active role in handling the finances than the other. Often, this division of labor stems from fear, time pressure or lack of interest. Regardless of the root cause, having one spouse exclusively handling family finances can put the other partner in a difficult position in a time…

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Planning for Retirement in the COVID-19 Age

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

This article was originally published within the Savannah Morning News, found HERE. Major economic events give us a compelling reason to revisit our retirement plans, evaluate household spending and take a hard look at our long-term goals. So, with the Coronavirus shaking up the marketplace and creating uncertainty in both the job and stock markets, how…

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A Great Achievement Earned by Our Director of 401(k) Advisory Services

The Fiduciary Group is pleased to announce that Kyle Powers, Director of 401(k) Advisory Services, has successfully completed all of the requirements of the CFP® Certification program and is now a CERTIFIED FINANCIAL PLANNER™ professional.  To earn the right to use the CFP® marks, an individual must satisfactorily fulfill the following requirements: Education – In…

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Planning Amid Uncertainty

April 2020  By: MICHAEL McLEOD, CFP®

In times of heightened volatility and uncertainty, it’s helpful to revisit the fundamental question of why we plan and invest in the first place.  As the COVID-19 pandemic continues to unfold, we will continue to see significant and wide-ranging implications on many aspects of our daily lives, businesses, and communities. The financial markets, too, have…

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Traditional vs. Roth IRA: Which Option is Best for You?

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

You’ve been working hard and earning income for years, hopefully saving a portion of your earnings for retirement. With most pensions having gone away, retirement savings accounts like an Individual Retirement Account (IRA) are going to be your safeguard or reserve to generate retirement income. The type you choose — whether a Traditional IRA or a…

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Understanding SECURE Act Changes

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

Each new calendar year brings about changes in our savings and retirement planning efforts, and 2020 is no exception.  With the December 2019 signing of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, Congress set out “to make significant progress in fixing our nation’s retirement crisis and helping workers of all ages save…

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