No one likes to think about mental decline in themselves or their loved ones. But, for many families, this is an incredibly important topic to address. In fact, 5.5 million Americans have Alzheimer’s disease, including 10% of people aged 65 and older. When they pass away, 1 in 3 seniors has Alzheimer’s or other types of dementia. As financial representatives, our goal is to always provide compassionate, proactive service to our clients and their families… Read More »
Proper estate planning is critical when working toward a more sound and stable financial life. From your wills to beneficiaries and beyond, estates require thoughtful strategies. Yet many Americans still haven’t protected themselves in the ways they should. In fact, only 40% of adults have a will or living trust.1 If you don’t have updated documentation in place to direct your wishes, the courts may decide what to do with your estate when you pass… Read More »
Let’s be honest. Stress doesn’t help us make smart financial decisions. I think it’s fair to say when we are inheriting money it’s often a busy, hectic and stressful time in our lives. Here are a few mistakes you want to avoid if you inherit an IRA or other retirement accounts from a loved one. Don’t let these five mistakes destroy your loved one’s legacy. Some retirement account mistakes can be fixed. On the other… Read More »
Monthly Financial Insights: February 2018 Market Recap In this month’s edition of Dechtman Wealth Management’s Monthly Financial Insights, Sam Dechtman, CERTIFIED FINANCIAL PLANNER™ and Wealth Advisor, discusses some of the major headlines that influenced the markets in February.
Financial envy is even more of a thing now than it was back in 1913 when cartoonist Arthur R. “Pop” Mom and debuted the comic strip “Keeping Up with the Joneses,” which centered on the misadventures of Aloysius P. McGinnis and his family, who were always trying to keep up with their never-seen neighbors, the Joneses. Today, we not only have television shows displaying lifestyles of the rich and famous, we’re punched with images and… Read More »