By Michael Donahoe, CFP® President Biden recently announced a plan to forgive student loans for qualified borrowers. As with any new government program, there are many questions as to who qualifies and how much will be forgiven. The plan would provide up to $20,000 of debt forgiveness for students who receive a Pell Grant, and […]
What I Wish I Had Known About Money When I Was Younger
By Michael Donahoe, CFP® Many of us have learned how to manage our finances through trial and error, while many more have never quite gotten the hang of it. No matter where you are on the scale of financial success, wise money management is a journey that doesn’t happen overnight. As a CERTIFIED FINANCIAL PLANNER™ […]
Quarterly Investment Commentary – July, 2022
The second quarter of 2022 was characterized by bad news and difficult economicconditions. U.S. stocks entered bear market territory in the middle of the second quarterand finished with the worst first six months’ return since 1970. Fixed income securitiesdid not provide much diversification benefit as interest rates rose. Many factors drove economic uncertainty and a […]
The Pros and Cons of Deferred Compensation
By Michael Donahoe, CFP® If you are a high-income earner, such as a physician or other healthcare professional, you may be familiar with deferred compensation plans. This type of retirement plan, typically offered through an employer, is a popular option because it can save professionals a lot of money, not only into retirement but during […]
10 Questions to Ask Your Financial Advisor
By Michael Donahoe, CFP® These days we have more options than ever available to us. Whether it’s choosing a movie to watch on Netflix or finding a dentist, it’s easy to get overwhelmed and have doubts about your decision. When it comes to choosing a financial advisor, the stakes couldn’t be higher. How do you […]
