Letter from the CEO

  December 2015

Geof-ScanlonThe Purpose of My E-Newsletter
I hope you enjoy receiving my e-newsletter.  It is intended to enhance and complement the personalized service that you already receive from me.  The e-newsletter’s main objective is to ensure, regardless of busy work schedules and travel plans, that each of my clients will receive at least a minimal amount of timely advice on a regular basis.  I also hope it will stimulate your thinking on issues related to your personal finances by providing you with articles on a variety of financial topics.  Please feel free to call or e-mail me with any questions or comments, particularly with regard to the applicability of a given idea to your personal situation. 

Please be liberal in sharing this e-newsletter with your colleagues and friends.  Feel free to call or e-mail me with the names and addresses of people who might enjoy receiving their own copy of this e-newsletter.

Protecting Your Income with Disability Insurance
The biggest risk to your future financial security isn’t the chance that the stock market will crash or the possibility your company could go belly up at a moment’s notice. These risks pale in comparison to a risk                        that many people don’t ever consider: The chance that you could become disabled and not able to work.
[FULL ARTICLE…Protecting Your Income with Disability Insurance]
IRA Myths and Facts
IRAs are a valuable retirement planning tool, but misconceptions can lead people to not take full advantage of them. Below we review some of the common IRA myths. Myth #1: You invest in an IRA. This myth is really a matter of semantics. People often talk about investing in an IRA, but that’s not quite right. An IRA is a type of account that receives  special tax treatment. Once you open the account, you choose specific investments.
[FULL ARTICLE…IRA Myths and Facts]
Raising Financially Responsible Children
It’s not unusual to have concerns about the impact money may have on  your children’s lifestyles. Even beyond basic financial responsibility, you want to make sure that wealth does not remove your children’s incentive to work hard, to pursue a meaningful career, or to care about other people. How do you help your children obtain values you’d like them to have?
[FULL ARTICLE…Raising Financially Responsible Children]
Assess Your 401(k) Plan
At least annually, you should thoroughly review your 401(k) plan. Some items to consider include:
Have your goals or objectives changed? Most people use their 401(k) plan to fund retirement, although it can also be used for other things. Take time to reassess your goals and objectives.
[FULL ARTICLE…Assess Your 401(k) Plan]
Handling the Financial Aspects of Death
The emotional trauma of dealing with a loved one’s death can be devastating. If you must also handle the financial aspects, it can seem overwhelming to deal with all the details. Following is a checklist of items to consider…
[FULL ARTICLE…Handling the Financial Aspects of Death]

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