What Can A Surgeon Teach Us About Making Decisions?

It’s a big year for my family as we’re preparing for each of our three kids to move on to new schools this Fall. It has been interesting to watch as each of them has had a decision to make regarding their school of choice. It wasn’t simple—for them or us. 

For example, my fourteen-year-old son had the following two options in front of him: to follow in his sisters’ footsteps and attend our local high school or to step out of his comfort zone and explore another school that was further away. The way that we helped him decide, I believe can also be a solid framework for financial planning decisions that we make. > SEE MORE

Pete Dixon, CFP®

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Pete Dixon, CFP®

Partner and Advisor

How To Actually Do Long Term

My wife Vicki and I happily celebrated 20 years of marriage this Spring. As an advisor, my discussions with clients often revolve around categorizing goals as “short-term” and “long-term”; I’m pretty sure 20 years would be in that Long-Term bucket… (and to many of you reading this, 20 years is nothing!)

If you would’ve asked us 20 years ago how those years would play out exactly, we could only tell you something like “comfortable home in a safe neighborhood, a few kids…” and, well maybe that’s it?

 

Because just like with investing, we can’t know all the details upfront, can we?

 

The ups and downs of life and raising children, the trials and the tests, the joys, celebrations, and growth… we can’t see it all ahead of time.

I know it sounds obvious, but the same is true with long-term planning/investing. > SEE MORE

Pete Dixon, CFP®

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Pete Dixon, CFP®

Partner and Advisor

Does The Market Care About Your Feelings?

Since the 1970s, economists have measured how consumers are feeling about the financial environment, by asking five questions. How would you answer these today if they were asked of you?:

 

  • “Would you say that you (and your family living there) are better off or worse off financially than you were a year ago?

 

  • Now looking ahead–do you think that a year from now you (and your family living there) will be better off financially, or worse off, or just about the same as now?

> SEE MORE

Waypoint Wealth Management

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Waypoint Wealth Management

6 Possible Revisions Coming For Retirement Savers

A few weeks ago, the U.S. House of Representatives overwhelmingly passed (with a vote of 414-5) the “Securing a Strong Retirement Act of 2022” (also known as the SECURE Act 2.0). Although the Senate is supposed to take up a version of its own bill soon, and this is not law yet, we do expect some version of this bill to be passed by year-end.

At 139 pages in length, you have many more exciting things to do with your time. So we thought we’d emphasize the six most relevant changes that would impact most clients:

 

One: Pushing back the starting age for Required Minimum Distributions (RMDs) again > SEE MORE

Waypoint Wealth Management

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Waypoint Wealth Management

Geopolitical Tensions and Your Portfolio

It’s quite an understatement to say that it has been hard to watch the atrocities in Ukraine, as Russia continues to invade them. This is undoubtedly one of the most significant geopolitical events in decades. As we reflect on the news, we are primarily concerned about the countless innocent lives that will be impacted by this war. Our thoughts and prayers go out to any of you that have friends, family, or loved ones in the region.

 

As we look at the financial impacts, Geopolitical events like military or economic conflicts can affect stock markets in many ways. > SEE MORE

Waypoint Wealth Management

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Waypoint Wealth Management