Blog

Retirees Should Have Spending Plans

Spend or save? It was once a fairly straightforward question: You spent what you needed and saved the rest. But as mass consumption has become a dominant force in the U.S. economy, the tension between spending and saving has become far more acute.Retirees should have spending plans! Provided by Matt… read more

Is a SIMPLE IRA Right for Your Business?

Provided by Matt Jehn,CFP® A look at this easy-to-administer retirement program. Do you want a simple retirement plan? A plan you can implement easily as an independent contractor or small business owner, without a lot of paperwork? A SIMPLE IRA may be the answer. A SIMPLE IRA plan gives you… read more

What to Do Financially When a Spouse Dies

Death of a spouse is hard for the surviving partner in so many ways – and this difficulty is often compounded by all the red tape and legalities that have to be handled quickly. As important and challenging in your time of sorrow are the financial issues that also need… read more

What Expenses Could Change When You Retire?

 While you may think that the only way to reduce the outgoing flow of money when you retire is to cut expenses, that’s not necessarily the case. By virtue of your age, you may not have a home mortgage payment by the time you retire because you may have already,… read more

Mind Over Money

An article posted online by Forbes in May 2016 explained that when it comes to major purchases, nearly half of Americans research the purchase options online, but make the actual buy in a retail store. “Having that personable and knowledgeable sales associate is important,” the article cited. This is as… read more

Financial Steps to Take Before a Divorce

An article in the New York Times on Oct. 30, 2015 cited that people age 50 and above were twice as likely to go through a divorce rather than stay in an unhealthy or unhappy marriage – and that number was even higher for adults 65 and older. No matter… read more

Characteristics of the Millionaires Next Door

Are you living next door to a millionaire? You just might be – since there are reportedly 10.4 million millionaires in the U.S.  Most of them achieved this status the old-fashioned way – they earned it – through working and through investing. In addition, nearly 80 percent of the millionaires… read more

Should You Pay Off Your Home Before You Retire?

It makes good sense to consult with an investment professional to learn your financial options before deciding to put some additional funds into retiring your mortgage, says Matt Jehn, CFP®, managing partner at Royal Oak Financial Group in Worthington and Lancaster, Ohio. Before you make any extra mortgage payments, consider… read more

October Is National Financial Planning Month

While October has been designated as “National Financial Planning Month,” the reality is that investment planning, planning for retirement, setting and achieving financial goals, preserving wealth and so on is an ongoing process, says Matt Jehn, CFP®, managing partner at Royal Oak Financial Group in Worthington and Lancaster, Ohio. Saving… read more