There’s a lot to consider when it comes to retirement living options. Dr. Jim McCabe, president of Eldercare Resources, helps hundreds of families with elder care, retirement, and long-term care planning. Below, he shares his top tips to help you make the decision that’s best for you. The Newest and Most Popular Options There are…
Getting There
FINANCIAL GUIDANCE
FOR YOUR LIFE JOURNEY
VIDEO: Behavioral Finance – The Virtue of Strategic Ignorance
Behavioral Finance Video by Jay Mooreland, MS, CFP® THE VIRTUE OF STRATEGIC IGNORANCE Strategic ignorance is a positive quality. It is choosing to ignore information that is detrimental to our well- being, and this sometimes includes market information For example, let’s say at the end of September 2021 you hibernated, or put your head in…
7 Surprising College Planning Tips!
Some of us may recollect when going to college was a realistic and reasonably affordable way to a secure career path. Today, that notion is long gone. Now, parents desperately scramble to scrounge up funds so their teenage children can attend their dream schools. ‘Get in first and deal with the costs later’ is a…
7 SURPRISING COLLEGE PLANNING TIPS!
What We Learned From Dr. Nancy Paul
Some of us may recollect when going to college was a realistic and reasonably affordable way to a secure career path. Today, that notion is long gone. Now, parents desperately scramble to scrounge up funds so their teenage children can attend their dream schools. ‘Get in first and deal with the costs later’ is a…
MOVING FORWARD IN UNCERTAIN TIMES
An Economic Downturn is an Ideal Time to Explore Your Financial Options
Many people are experiencing a heightened sense of uncertainty this year. The most obvious reason for this is the increase in consumer prices… or inflation. How many of your recent conversations have included: “Can you believe I spent [x] …filling my tank? …at the grocery store? …renting a car for vacation?” Headline inflation (including food…
SUDDEN MONEY INSIGHTS PODCAST
Esther Szabo Invited as Guest Speaker
Gates Pass Advisor’s own Esther Szabo, CeFT® is a guest on the May 24 episode of the “Sudden Money Insights” podcast. In this episode, Esther shares with host, Susan Bradley, the story of her path in financial services. You can listen to this episode on Spotify HERE. Susan is the founder of the Sudden Money® Institute…
VIDEO: Behavioral Finance – Attention Allocation
Behavioral Finance Video by Jay Mooreland, MS, CFP® ATTENTION ALLOCATION You may be familiar with the term asset allocation, which is how we divide up our assets (stocks, bonds, cash etc.). Attention allocation is how we divide up our attention. Paradox of Abundance The paradox of abundance states that there is a tradeoff between quantity…
RELIABLE CONFIDENCE DURING UNCERTAINTY
3 Steps to Trusting Your Decisions
Investors face a very different environment today. While the future is always uncertain, today’s environment may be even more uncertain. We are living in a time of increasing inflation, increasing interest rates, and tighter fiscal and monetary policy. We aren’t used to this. Making good decisions is always desirable. But when we face greater uncertainty,…
Chaotic Markets, Economic Uncertainty, and Some Good News – Webinar Replay
Webinar Replay Chaotic Markets, Economic Uncertainty, and Some Good News A LIVE DISCUSSION Thanks to those who attended our LIVE DISCUSSION via Zoom yesterday. Below is the video of our meeting if you’d like to watch it again. If there are any other financial questions that Erik or I could answer for you, feel free…
STOP THINKING ABOUT IT
How Fear Can Lead to Bad Investment Choices
If you’ve already made some wrong investment choices over the years, that’s okay. Mistakes are opportunities for us to learn and grow from. What’s not okay is making the same mistakes over and over. Jay Moreland, founder of Behavioral Finance Network, recently appeared on Getting There. He offers some simple words of wisdom: stop tinkering…