Is Inflation Jeopardizing Your Financial Dreams? (Part 2)
Inflation is in the headlines and on our clients’ minds. In Part 2 of our two-part inflation series, we explain why forecasts for inflation remain fuzzy and how investors can prepare for a concern that may never materialize. For investors, it’s important to take a step back and look at the big picture before acting on breaking news. But what if inflation does get out of hand, and stays that way for a while? The Federal Reserve has been suggesting rising rates should wane. We hope they’re right. But we also know the future remains uncharted. Nearly any outcome is …
Tax-Wise Financial Planning
ShankerValleau provides a unique and powerful combination of financial planning and tax services, with both CFP® professionals and CPAs on our team. Although it may seem a natural fit, few financial advisors are, or work closely with, CPAs. And this is surprising, because a strong, tax conscious financial plan is vital to a healthy financial life. Whether you’re building, preserving, or spending your wealth, tax-planning remains integral every step of the way. Each financial move you make can and should be leveraged for tax efficiencies. Better still, a seasoned tax-planning professional can combine these parts into an integrated whole as …
Is Inflation Jeopardizing Your Financial Dreams? (Part 1)
Inflation has been a frequent question in our client financial checkups this summer. The specter of inflation is on everyone’s minds, and rightfully so. As of July 2021, the Consumer Price Index was up 5.4% from 12 months ago. But consumer pricing has been in the headlines since the spring, with eye catching numbers reported as early as May. In this two-part series, let’s take a closer look at what to make of all the commentary, and what you can do about it as an investor. First and foremost, we caution against succumbing to fear or panic in the face …
Safeguarding What’s Yours (While You’re Alive)
What tools are available to help you protect your assets in your everyday life? In the following article, we explore ways to make your directives known and assign responsible individuals to carry out your wishes, while you are temporarily unavailable to make critical financial or health care choices. If you’ve documented your desires in advance, it removes stress for everyone, plus the outcomes are more likely to be what you had in mind! One source of confusion over when and how to protect what’s yours is understanding which legal logistics apply during your lifetime, and which don’t come into play …
