Burnsville, MN

Aligning your investments with what matters most to you is essential to living life authentically. But figuring out what you value the most isn’t always straightforward. Defining what’s important

Recently updated research from Vanguard confirms that working with an advisor can potentially add, or even exceed, 3% in annual net returns, than not working with an advisor. Yet only 35% of Americans say they work with an advisor. Why don’t more people want to want to hire a financial advisor?

Planning for retirement often falls to the bottom of the list of priorities, but it’s important not to put off the process. Planning today improves the odds that your savings and investments will help you maintain your desired lifestyle after you stop earning a regular paycheck. By planning early, you’ll also be able to handle the tax bill that likely will come each year after you retire.

Most people don’t want to think about life insurance. But if others rely on you financially, you need to consider how much you or your loved ones risk losing without it. Life insurance can be an affordable way to take care of your family or loved ones in the event something happens to you. Some types of insurance even provide living benefits, including funds that you can use while you’re alive to buy a home, supplement your retirement income, or cover emergency expenses.

In our practices, we often have older clients who have built a substantial balance in their qualified accounts such as traditional IRAs or 401(k) plans. In many cases they don’t need to take income from these accounts when they reach age 73, the new start date for taking required minimum distributions (RMDs).