Upon graduating from the University of Florida in 2012 (how has it already been so long?!), I accepted a position as an Assistant Investment Manager with B&C Financial Advisors. In this position, my main roles with the firm were reviewing client portfolios, researching companies for our investment models, and analyzing the existing portfolios of prospective …
During times of economic uncertainty, it is common for people to seek out financial advice as they seek to answer the question: Am I going to outlive my money, or is my money going to outlive me? In response to this higher demand for advice on how to not outlive their money, many financial advisors …
Welcoming a new child or grandchild into your family is typically an exciting and memorable experience. In addition to witnessing a new life being brought into the world, you ponder what kind of life this child will have, hoping they will climb to great heights and accomplish many wonderful achievements. As you think about all …
Continue reading “Saving for Children’s Futures: Pros & Cons of Common Account Types”
As much as we’d all love to live in a world where bad things never happen, the unfortunate reality is nearly everything in life involves some kind of risk. Whether we are driving to work, playing sports, or having children, we are taking risks every day. Many of these risks are so low we may …
Continue reading “Investing in Stocks is Risky, How Do You Manage the Risk?”
Since the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law on December 20, 2019, a whole slew of changes surrounding retirement accounts has come into existence (we summarized some of those changes here). One such change is the elimination of the “stretch IRA,” or the ability of the beneficiary of …
Continue reading “Strategies for Distributing an Inherited IRA Under the SECURE Act”
What do you think of when you hear the word “retirement”? Do you think of travelling to far off, exotic places? Working on your golf game with all your newfound free time? Visiting your children and grandchildren as often as you (or they) want? Maybe you enjoy your career so much you will continue to …
Continue reading “5 Questions Everyone Can (and Should) Ask Themselves Before Retirement”
In the second part of our series on annuities, we took a look at some pros and cons of annuities. To end the series, in this post we will walk through an example of an actual annuity contract one of our clients purchased before becoming a client of B&C Financial Advisors. (We have removed the …
Continue reading “B&C Financial Advisors Annuity Series – Part 3: Sample Annuity Contract”
Well, Halloween is upon us, and while the fact it’s already the end of October is somewhat frightening on its own, we think it’s a perfect time to revisit some of the advice we’ve heard over the years that still haunt people to this day. 1 You should borrow money from your 401(k) plan, …
Continue reading “Spooky Finance: 5 Real (Bad) Personal Finance Tips We Hear Too Often”
In the first part of our series on annuities, we defined some common terms associated with these often-complicated insurance products. Now that we are a bit more familiar with the terminology, in this post we will highlight some of the pros and cons of annuities. (It is important to note, as we continue through this …
Continue reading “B&C Financial Advisors Annuity Series – Part 2: Pros & Cons”
Those who watch daytime television may be all too familiar with scenes of people leaning their heads outside their windows, shaking their fists at the sky, and shouting the phrase, “It’s my money, and I need it now!” Others may be familiar with the more recently portrayed scene of everyday citizens breaking out into an …
Continue reading “B&C Financial Advisors Annuity Series – Part 1: What is an Annuity?”