Category: Financial Planning

Success

The Time Value of Success Issues

It doesn’t take rocket science to employ time value of money – it’s simply the power of time and compound interest. If you started saving $1,000 a month at 20 years of age and it earns 8% a year, this would mean you would have almost 5.3 million dollars at age 65. But…. If you…
Read more


November 9, 2022 0
Drought

Are You Planning for a Financial Drought?

Imagine spending your entire life building a business only to wake up at 63 and find it isn’t worth anything. Most of us think, “how sad, but that won’t happen to my business…I have worked too hard or my industry is too strong or there will always be a need for what I do or….”…
Read more


July 13, 2022 0
Graduation

Life After Graduation – What Should Your Kids Know?

Graduation is a major step for those important young adults in our life. Whether it be graduating from high school or graduating from college, a parent’s goal is always to see their kids launch successfully and stay successfully launched. How do you do that? Well, we have few ideas for you. The Cost of Living.…
Read more


June 14, 2022 0
Compass

How Do You Look at Your Money?

Do you look at your money for what it is or do you look at it for what it is for? A few weeks ago, Dad came on our weekly radio program “Life Planning 101.” He shared several stories that have given us insight we use to help the families we work with today. One…
Read more


April 26, 2022 0
Grief

The Griever’s To-Do List

Tom and Maria were married a little more than forty years when Tom suffered a severe stroke. The stroke changed him. It not only caused permanent physical impairment, but he became angry and unmanageable. As she struggled to manage him or tend to all of his needs, Maria was forced to get help. Life had…
Read more


April 18, 2022 0
Spring Cleaning

Spring Cleaning Your Financial House

Have you ever met anyone that doesn’t have at least one area of clutter in his/her house? I would bet that even the tidiest of homes has a closet or drawer that gets cluttered from time to time. Life gets busy. We throw stuff here and there, planning to deal with it later. Then before…
Read more


March 21, 2022 0
Taxes

Paying Taxes on Your Terms

Did you know you can often choose when to pay tax? By default, you can often choose how much you will pay. There is no trick or “gotcha.” It is simply a result of understanding how taxes work for or against your situation. “The hardest thing to understand in the world is income tax.” —Albert…
Read more


March 14, 2022 0
Funeral

Death – It Happens

You are invincible, right? We all like to think we are… at least until we aren’t. Did you know twenty percent of men die before retirement age? Twenty percent! That’s two in ten men!1. The odds in Vegas can be worse than that and thousands of people still show up to gamble every day. So…
Read more


February 28, 2022 0
COVID Fog

COVID Fog

Refer to any news media and the headlines are teeming with news about COVID…and has been for 2 years. It is no wonder that important information about other areas of interest is getting buried. After placing a few phone calls regarding various legislation that passed at the end of 2019, I thought it might be…
Read more


January 18, 2022 0
Outgrown

Have You Outgrown Your Advisor?

A fellow advisor once told me a story about trying to help his grandmother with her life planning. “She refused,” he said. “She insisted that John, who had been her advisor and friend for years, was doing just fine for her. Besides, she couldn’t take away the business from a lifelong friend.” He continued by…
Read more


December 27, 2021 0

Securities offered through Calton & Associates, Inc. member FINRA and SIPC, a Registered Investment Adviser. Investment advisory services offered through Smart Money Group, LLC, a Registered Investment Adviser. Smart Money Group, LLC and Kennedy Financial Services, Inc. are not owned or controlled by Calton & Associates, Inc.