5 Things Female Breadwinners Need from Their Financial Advisor

A growing portion of Relevé Financial's client base is comprised of female breadwinners, defined as women who bring in at least half of their family earnings. A study based on data from 2015 found that nearly half of these mothers (42%) were sole or primary breadwinners. Another quarter (22.4%) were co-breadwinners, bringing home 25 - … Continue reading 5 Things Female Breadwinners Need from Their Financial Advisor

Inadequate tax planning can mean lost income for investors

Financial advisors need to pay more attention to strategic tax planning. In my experience, too many clients are leaving money on the table because their advisor is overlooking opportunities to maximize tax savings in clients’ portfolios. How do I know this? I see it more often than I’d like when reviewing a potential new client’s … Continue reading Inadequate tax planning can mean lost income for investors

6 Things to Know About Required Minimum Distributions (RMDs)

If you are one of the fortunate ones who has stashed away pre-tax savings in an Individual Retirement Account (IRA) over the years, the IRS will be taking note of your 70th birthday. That’s when the government wants you to start paying taxes on the money you have accumulated. (IRAs are tax-deferred, not tax-free.) When … Continue reading 6 Things to Know About Required Minimum Distributions (RMDs)

Is This Bull About to Leave the Ring? A Message for Retirees

It’s possible that history’s longest running bull market may soon see a correction. Some of my clients are beginning to ask what they should be doing differently with their investments in light of this possibility. First, let me remind you that “correction” is not a four-letter word. I don’t blame you for thinking it is … Continue reading Is This Bull About to Leave the Ring? A Message for Retirees

Information Overload Versus Information Avoidance

Are you suffering from TMI or is it just me? In modern parlance, TMI stands for “too much information.” When I’m talking with my teen-aged daughter and she suddenly moans, “TMI, mom, TMI,” I know it’s time to get to my point. These days, many of us are feeling like we live in a general … Continue reading Information Overload Versus Information Avoidance

Financial Advice in the Age of Artificial Intelligence

How is it that our cars, phones and computers have become so smart, capable of taking on a growing number of functions in our day-to-day lives? Two words—Artificial Intelligence (AI). We can ask Siri, iPhone’s digital assistant, to order a pizza. Alexa, Amazon’s helpful contender, can create shopping lists and then buy the items with … Continue reading Financial Advice in the Age of Artificial Intelligence

Take a Vacation From Managing Your Finances

Take a break from managing your finances when you go on vacation this year. Here’s how: We are halfway through a pretty grueling year with our government in disarray, a new tax law to come to terms with, and jumpy markets. It’s no wonder that airlines are expecting the busiest summer in the history of … Continue reading Take a Vacation From Managing Your Finances