Life Insurance–Too Little or Too Much?

September 2018  By: JULIA BUTLER, CFP®, JD, MBA, CFEI
Life Insurance–Too Little or Too Much?
Life insurance is a risk management tool for both personal and business risks. In the event of the premature death of an income earner or parent, life insurance can provide tax-free cash to cover immediate expenses as well as ongoing financial support for the family.

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Managing Financially After Losing A Spouse

August 2018  By: JOEL GOODMAN, CFA
Managing Financially After Losing A Spouse
Grappling with the loss of a loved one is the most difficult time in one’s life. Often, after years of working with an affluent couple, we find ourselves guiding the surviving spouse through the financial aspects of this major life change. Generally, it’s the husband who passes first, so quite...

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From Our Family to Yours: 4 Ways to Teach Kids About Money

June 2018  By: MALCOLM BUTLER, JD
From Our Family to Yours: 4 Ways to Teach Kids About Money
Teaching kids about money in the Digital Age isn’t always easy. Between online shopping, direct-deposit paychecks and banking by app, today’s children are growing up in a world where they may rarely experience a cash purchase or even a monetary transaction. To kids, it can look like the next item...

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The Graduates’ Trillion Dollar Problem

July 2017  By: TFGADMIN
The Graduates’ Trillion Dollar Problem
Over the past few decades, student debt has transformed from a tool for accessing higher education to a significant obstacle preventing young people from accumulating wealth and saving towards retirement. According to a February 2017 report published by the Federal Reserve Bank of New York,...

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An Asset Manager Embraces Financial Planning

October 2016  By: TFG INVESTMENT TEAM
An Asset Manager Embraces Financial Planning
I have been investing other people’s money for over 36 years. As most of my clients are either saving for retirement or living off of their retirement savings and/or trust accounts, my overriding goal has been to build durable, income-producing portfolios that will enable my clients to live off of...

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Primer on Individual Taxes

October 2016  By: JULIA BUTLER, CFP®, JD, MBA, CFEI
Primer on Individual Taxes
Tax planning to minimize tax liability and maximize after-tax returns starts with an understanding of Form 1040, the tax return filed annually by individual taxpayers. My goal in this article is to give the reader a “primer” on Form 1040 and the key considerations that will impact your tax...

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How Much Do I Need for Retirement?

December 2015  By: JULIA BUTLER, CFP®, JD, MBA, CFEI
How Much Do I Need for Retirement?
Legg Mason posed the question “how much do you need for retirement?” to a group of “mass affluent” investors (aged 40 – 75 with more than $200,000 in investable assets). Those surveyed said they would need at least $2.5 million to maintain their current standard of living. According to the...

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Self-Funding A College Education

June 2015  By: JULIA BUTLER, CFP®, JD, MBA, CFEI
Self-Funding A College Education
Funding a child’s or grandchild’s education is a high-priority savings goal for many families. This article will answer a few important questions:

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Rising Equity Glidepath in Retirement

January 2015  By: MALCOLM BUTLER, JD
Rising Equity Glidepath in Retirement
Conventional wisdom in the investment advisory world has typically been that retirees should gradually reduce their equity exposure during retirement. One popular rule of thumb is that equity allocations should be annually rebalanced based on a formula of 100 less the retiree’s age. For example, a...

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The Gen-X 401(k) Millionaire

October 2014  By: JULIA BUTLER, CFP®, JD, MBA, CFEI
The Gen-X 401(k) Millionaire
Generation X—those born between 1965 and 1978—is known as the “401(k) generation.” They entered the workforce about the time that 401(k) plans were being introduced, and started their own retirement savings earlier than prior generations (the average age to start saving for retirement was 27). They...

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