Thank you to participants in our recent Coffee Talk: Do Elections Affect Markets? If you were unable to attend this event, below is a recording in which you can hear the high points of the presentation. More about Paul Fain: During the past 30 years as a financial planner, Paul has evolved from…
Stay up to date on the financial market! In a recent Schwab Market Snapshot, Liz Ann Sonders, Schwab’s Chief Investment Strategist, talked about the amount of debt in the U.S. financial system.
When it comes to planning for retirement, perhaps we should pay heed to an old saying, “If it’s going to be, it’s up to me!” Now more than ever, the responsibility for building a retirement nest egg is on the worker’s shoulders. So where do you begin? Paul Fain, President of Asset Planning Corporation recently…
Let’s face it, many of us buy a lot of….stuff we don’t need. In a typical month, hundreds of dollars may be slipping out of your checking account wastefully. So how can we shop less, save more, and just be more fiscally responsible? Certified Financial Planner Paul Fain has 10 ways to improve your spending…
It is a quote often attributed to the Buddha, or more likely to a 1970s kung fu movie: “When the student is ready, the teacher will appear.” Unfortunately, when it comes to personal finance, the classroom appears to be empty. According to a new survey, nearly 7 in 10 Americans have less than $1,000 to their…
The third week in October has been designated as National Estate Planning Awareness Week. Estate planning is a vital component of every financial plan, regardless of the size of the estate. Unfortunately, it’s also an area that is commonly overlooked. This often results in wasted dollars and emotional hardship that could otherwise be minimized with…
What do you say to someone who is experiencing financial difficulty? It is tough to see a dear friend or loved one in distress. Paul Fain, President of Asset Planning Corporation appeared Sunday on WBIR, Knoxville’s NBC affiliate to look at your money and your emotions. PAUL, AREN’T PERSONAL BANKRUPTCY FILINGS A GOOD INDICATOR OF…
Freshmen are adjusting to their first months in college. I’ve talked to parents who were relieved that little Johnny was finally out of the nest and other moms and dads who had tears in their eyes as little Suzie packed her boxes and headed to the dormitory. What leaves everyone crying is the cost of…
D-I-V-O-R-C-E, country legend Tammy Wynette sang about it, now sadly Brad Pitt and Angelina Jolie are living it. What are the financial implications of saying “I undo?” Certified Financial Planner™ Paul Fain was interviewed on WBIR, Knoxville’s NBC affiliate, to share a little about marriage, divorce and your money. WHAT KIND OF EFFECT DOES DIVORCE…
Social Security benefits are often confusing. You might say that “understanding Social Security” is an oxymoron! We recently received a client question regarding the complicated topic of a spouse’s Social Security claiming strategy before Full Retirement Age (FRA). The question was could his spouse start taking her own benefit early at age 62 and then switch…