The Retirement Risk Multiplier By: Yvonne Marsh, CFP®, CPA There’s so much talk in TV commercials about helping retirees “reach their goals”, followed by images of a couple holding hands on a beach, gazing contentedly at a beautiful ocean scene. I get it – most people do mention to me that they’d [...]
The Only Things in Life that Are Certain By Yvonne Marsh, CFP®, CPA I’m sure you’ve heard the saying, “Nothing is certain in life except death and taxes.” It’s kind of true, actually. And my job is to make sure that the “tax” part is kept to a minimum. There are actually several [...]
Marsh Team Meets Walk to End Alzheimer's! The Marsh Wealth Management team is participating in the 2019 Walk to End Alzheimer's on Saturday September 21st at Chilhowee Park. Alzheimer's disease impacts just about everyone. In fact, the country experienced a dramatic 54.5% increase in deaths attributed to Alzheimer's disease between 1999 [...]
You Might Already Own Your LTC AnswerBy Yvonne Marsh, CFP®, CPAAre you paying for a life insurance policy you don’t need anymore? Or perhaps you have money in a variable annuity, but you aren’t sure what to do with it? Well, good news on both fronts! You can use a friendly little IRS rule, [...]
By Yvonne Marsh, CFP®, CPAA retired couple came to my office recently to talk about their investments. In the course of our conversation, the husband wondered aloud how he could have lost a third of his portfolio in 2008 when he had invested in mutual funds, rather than individual stocks. Didn’t he have his money [...]
By Yvonne Marsh, CFP®, CPA Trust is a big deal in my business. As I sit with a retired couple watching them sign the paperwork allowing us to manage their investment portfolio, I am reminded of the weighty responsibility our firm has. They are entrusting us to be good stewards of their life savings [...]
Imagine the markets decline 15% on your first day of retirement! Your $500,000 nest egg is now worth $440,000. You will need an almost 18% rebound to recover. What if the opposite were true? The markets increase 15%. Your $500,000 is now worth $560,000. In retirement, you can do everything right - you save diligently, [...]
Who Do You Rely on For Your 401(k) Investment Strategy? By Yvonne Marsh, CFP®, CPA Did you know that 6 in 10 people think their 401k will be their biggest source of income in retirement? Which makes sense when we consider that over 73% of the employer pension plans that existed 20 years [...]
The Retirement Road Trip By Yvonne Marsh, CFP®, CPA Retirement is like a long road trip with 2 options. You can use a map and take the highway, where there are well-maintained roads and gas stations at regular intervals. You enjoy the journey, confident and relaxed. Or you can take the backroads with [...]
Your Biggest Financial Threat in Retirement Might Surprise You By Yvonne Marsh, CFP®, CPA While most retirees worry about stock market downturns, an even bigger financial threat is an unexpected health event that Medicare doesn’t cover. The average cost of home health care and assisted living is over $40,000/year and a full-skilled care [...]