Beacon Wealthcare |

17 Jan 2020 The Risks We Overlook

Posted at 07:00h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

I feel comfortable saying most people are aware that death or disability will affect their finances or the finances of the loved ones they leave behind. They may underestimate the impact or fail to take the necessary steps to mitigate these threats, but, at the...

20 Dec 2019 The President Has Been Impeached

Posted at 09:14h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

On Wednesday night, President Trump was impeached by the House of Representatives. The next step is for a vote to take place in the Senate, where a two-thirds majority is required to remove a sitting President. Given the Senate is controlled by Republicans 53-47, the...

15 Nov 2019 Is Saving to a 529 Plan Worth It?

Posted at 08:00h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

A few weeks ago, Geoff and I were discussing whether it made sense for a potential client to contribute to a 529 plan (“college savings plan”) for their kids who were entering college in a few years. Yes, the gains would be tax-free, provided the...

18 Oct 2019 The Roth IRA: You’re Using It Wrong (Most Financial Advisors Are, Too)

Posted at 08:00h in The Friday Brief by Ryan Smith, CFP®, RICP®, CTS™, MSFP

Most Roth IRAs are used incorrectly. It’s not only some DIY investors that are getting it wrong, but, based on my experience, a good percentage of financial advisors, too. In order to understand why most are getting it wrong, it’s important to know the three primary...