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Financial Literacy Month and the Society For Financial Awareness

By Scott Ford, CEO, Founder & Wealth Advisor

Financial Literacy Month and the deadline to pay your taxes occupy the same place on the calendar. This irony begs the question: if you are receiving a tax refund, how will you spend it? Are you going to put it into a retirement account, save for your child’s education, or spend it on some new toys? Oftentimes, our decisions are influenced by our level of financial literacy. The more we understand foundational financial principles, the more our perspective and choices change. This is why it is essential to take the steps to become financially literate. Read more

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The Widow’s Financial Planning Guide

By Scott Ford, CEO, Founder & Wealth Advisor

Did you know that widows are one of the fastest growing demographics in the United States, with over 11 million and growing?1 Losing a spouse is one of the hardest things to walk through. On top of all of the emotional burdens that a death can bring, it can also mean major financial changes as well. Widows have unique financial considerations that often get lost in the grief and adjustment to a new way of life. If you are a widow and don’t know where to start when it comes to planning for your financial future, here are some principles that will guide you on your journey Read more

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Your 2018 Social Security Benefit Guide

By Scott Ford, CEO, Founder & Wealth Advisor

Almost 62 million people depend on Social Security in one way or another. Born out of the Great Depression as a retirement safety net, it has grown to cover 96% of workers in the US.1 In 2017, the Social Security Administration paid out $955 billion in benefits, the majority of which went to retired workers.2 Read more

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How Will Business Owners Benefit From the New Tax Plan?

By Scott Ford, CEO, Founder & Wealth Advisor

The tax reform bill that went into effect on January 1, 2018, has received a lot of attention lately. Understandably, everyone wants to know how it will affect them and whether or not it will benefit their bottom line. And with the significant impact tax reform can have on business owners, many of them are wondering what they will need to do to benefit from the new tax bill. Here’s what business owners need to know: Read more

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How Much Do I Need to Retire?

Most people plan to leave the workforce at some point in their life.  While some have a desire to maintain a sense of purpose by working well into their seventies, we more often find ourselves helping people plan for an earlier departure. Achieving financial freedom, or the ability to work because one wants to and not because one needs to, takes time and thoughtful retirement planning.  Read more

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The Fixed Income Shakeout That Could Impact Your Bond Portfolio

By Scott Ford, CEO, Founder & Wealth Advisor

If you’ve perused the news lately, you may have seen that the U.S. equities market is in a correction. While this shakeout in equities has made headlines and paused retail investors, Fixed Income has had its own shake up. Read more

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What Does Your Retirement Look Like?

Published by Jake Bleicher

When I think of retirement, I think of spending a month traveling throughout Asia tasting exotic cuisines. I want to go fishing in Alaska with my buddies and send my grandchildren to college. I want to surprise underprivileged children with presents on Christmas, donate to cancer research and leave an inheritance to my children. More than anything, I want the freedom to do what I want to do. I want to enjoy retirement. It is a goal I am working diligently towards. Read more

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Love and Money: How to Find Financial Peace with Your Partner

By Scott Ford, CEO, Founder & Wealth Advisor of Cornerstone Wealth Management Group

If you do a simple search on the topic of relationships and finances, you’ll come across countless sobering statistics. For example, you’ll find that money is the primary reason for arguments between couples, with many couples averaging three fights per month revolving around financial issues. Read more

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Surviving the Next Major Market Correction

By Scott Ford, CEO, Founder & Wealth Advisor of Cornerstone Wealth Management Group

“Be fearful when others are greedy and greedy when others are fearful.”
~Warren Buffett

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How Might Tax Reform Impact Your Estate Plan?

By Scott Ford, CEO, Founder & Wealth Advisor of Cornerstone Wealth Management Group

In December, we discussed the recent Tax Cuts and Jobs Act and tax bill, including the potential impact it may have on households and businesses. But we haven’t yet discussed what this may mean for your estate plan. Read more