Is a Lump Sum Pension Payout a Good Idea?

Brian Fricke, CFP®Financial Planning

In this video, Brian helps to answer the question, How do you know if a lump sum pension buyout is right for you?  The first step is to ask yourself, do you need the income from the pension? If you don’t, you may want to rollover the lump sum benefit into an IRA account.  If you do need it, find … Read More

Life is a Marathon, So Are Your Investments

Brian Fricke, CFP®Financial Planning

If you look at your lifespan, it more closely resembles a marathon rather than a 100-yard dash. Keeping this view in mind, you should aim for an investment strategy that allows you to accomplish everything that is important to you. You want to figure out what approach will enable you to get the returns you need with the least risk. The easy access … Read More

Does Your Financial Strategy Account for Inflation?

Brian Fricke, CFP®Estate Planning, Financial Planning

What is your financial strategy to keep up with or outpace inflation? Thanks to modern medicine, you’re going to live longer and you may need two or three times your current income in the future just to maintain your current lifestyle. I cannot stress this enough: If you need to have $70,000 annually to spend, you need to have a … Read More