With stocks in a recent slump, there is growing fear that November’s midterm elections are going to generate new chaos in the investment markets. Will the Democrats take over Congress and the Senate? If so, will they immediately begin impeachment proceedings against the president? Lauren Rublin, a managing editor at Barron’s, adds perspective: “Our concern
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Knoxville — So you’ve just won the lottery. It’s time to cash in, but going from your normal income to having millions can be a little intimidating. That’s why experts say you need some help. “Have a team in place — almost like a personal board of directors,” said Knoxville attorney Fiona Hill. She says
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In the financial planning process, we always touch on the potential for long-term care needs, and the financial impact of increased health care costs over an extended period of time. We usually incorporate long-term spending goals for insurance premiums or for “self-insurance” (paying out of pocket for care) for some assumed number of years. And,
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A recent study found that parents are spending twice as much on adult children than they save for their own retirement. Where is the money going? Where is it coming from? And, is there a better way? Our moneyman Paul Fain, president of Asset Planning Corporation, joins us now with financial tips for parents. THE
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If you believe that “the trend is your friend,” then perhaps the U.S. stock market is in for a good fourth quarter. Despite some market volatility last week, stocks are in positive territory for the year. Certified Financial Planner Paul Fain joins us again with a review of year-to-date investment results and a look ahead
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The Financial Planning Association recently bestowed its lifetime achievement award, the P. Kemp Fain Jr. Award, to Harold Evensky, a Certified Financial Planner and professor of financial planning at Texas Tech University. Here are our tips on how to select the right financial planner! SO FOR SOMEONE LOOKING FOR FINANCIAL ADVICE, WHERE DO THEY BEGIN? It’s
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For most workplaces, the month of October is the Annual Benefits Enrollment period. It’s an opportunity for eligible employees to enroll in or make changes to benefit plans for the upcoming year. Open Enrollment provides you the opportunity to make changes to benefits. For example, medical, dental, vision, life insurance as well as voluntary
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Here we go again: The Federal Reserve just raised the federal funds’ interest rate target for the third time this year. Now that it has happened, how might it affect your investments? Certified Financial Planner Paul Fain joins us now with five things to keep in mind. LET’S REVIEW WHAT THE FEDERAL FUNDS RATE IS…
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Harold Evensky, CFP® to receive the 2018 P. Kemp Fain, Jr., Award Financial Planning Association to Honor Financial Planning Luminary With the Profession’s Highest Award (September 27, 2018) – The Financial Planning Association® (FPA®), the country’s largest membership association for CERTIFIED FINANCIAL PLANNER™ (CFP®) professionals and those who support the financial planning process, is pleased
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Have you been wondering how to make your money last through retirement? Dr. Wade Pfau has a recipe for retirement survival. Dr. Wade Pfau, professor of retirement income at the American College of Financial Services and director of retirement research at McLean Asset Management, recently visited Knoxville to speak to the East Tennessee Chapter
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