Parents of College Bound Kids: Finally Some Good News!

As the father of a newborn, saving for college is now a major financial goal for my household. After years of helping clients tackle the following questions, I’m doing it for my own family. There’s a lot to consider including: Projecting the potential cost of college education Determining how much to save Helping to decide where best to invest (529...

Should I Pay Off my Mortgage Before I Retire?

Ideally everyone would reach retirement and not have an outstanding mortgage balance, but that is not always the case.  Some people choose to keep a mortgage for tax purposes, but often, due to any number of circumstances, retirement approaches and a mortgage balances still exist for many retirees.  The outstanding mortgage loan may be on your primary residence or perhaps...

Stock Play Accounts are Meant to be Fun

There is still a bit of the 1990’s stock enthusiast in many investors. I see it in our clients who have unmanaged accounts (accounts we don’t advise on), that I sometimes call “play accounts.” These are often small trading accounts that originated when someone heard a stock tip compelling or when they wanted to own a company product they found...

Are You Promoting Financial Wellness Among Your Employees?

In a recent study conducted by PwC around employee financial wellness, 30% of employees surveyed reported that issues with their personal finances have led them to being distracted at work. Of the distracted workers, 46% say that they spend at least three hours or more each week thinking about or dealing with issues related to their personal finances. This survey...

StrategicPoint Welcomes Nixon Vaughan Amey

StrategicPoint is thrilled to announce the newest arrival to the StrategicPoint Family: Nixon Vaughan Amey. Nixon arrived on Tuesday, May 16th and weighed 9lbs, 14oz.   Mommy, baby, and daddy Derek Amey are all doing well!   Congrats to the happy family!

Surprise Risk

When I am combing through our investment research I always look for defined market risks. I don’t want to miss anything. After all, risk matters a lot to our clients no matter what stage of life they are in. When I see risks that are familiar to me, I have two reactions. The first is relief that our assessment matches...

Prepaying Funeral Costs: Good or Bad Idea?

I’ve been asked in the past for my opinion on prepaying for funeral expenses. First of all, this is not a fun topic for any of us to discuss. It is much more enjoyable to talk with clients about how they plan on travelling across the country in an RV, or how they will plan a small trip for each...

If a Loved One Has Passed, Where Should You Begin?

The passing of a loved one is one of the most challenging and emotional times that we endure. Not only are you trying to cope with the overwhelming grief that follows, but there are also time sensitive financial obligations that need to be addressed.  If your loved one created an asset inventory or "what if" list with all the relevant...