On this episode of Finance In A Flash, we discuss our education planning philosophy, as well as details of a 529 Education Plan.

Our recommendations for saving for a child’s education are based on our belief that parents should focus on improving their personal financial situation prior to concentrating on saving for their children’s college costs.  We then dive into the details of 529 Education Plans because they are the most common and used education plans used today.

This week we tackle a very important and popular question people are asking: "Is there a bubble in stocks or the stock market?" 
We also discuss various strategies you should take and questions you should ask yourself when feeling uncertain about the future of the stock market.
We hope you enjoy this episode and if you want to learn more about us or our company go to BeaconFinancialStrategies.com

In this episode of Finance In A Flash, Nick & Chip discuss the story of Gamestop and how it has captivated the world over the past week. 

Thanks to a Reddit thread pointing out that a large hedge fund had a massive short position on Gamestop, the stock price rose almost 2,000% within a week! We break down how this happened and the important lessons everyone should take away from these recent events.

If you want to learn more about us or our podcast, please go to BeaconFinancialStrategies.com

Welcome back to Finance In A Flash, this week we bring back our investment expert, Chip Hymiller to discuss Target Date Funds.

We have a detailed discussion about Target Date Funds, the pros and cons of having them in your portfolio, and what to consider when choosing this type of investment. 

We hope you enjoy this episode, and if you want more information about this podcast or our company, go to BeaconFinancialStrategies.com!

• Today on Finance In A Flash, Nick & Erin discuss pension plans. Not many people have Pensions anymore, but we do see a fair amount in the federal and state retirement system as well as some holdovers from private companies.
  • We are going to go over topics such as Annuity Style vs. Lump-sum pension
  • Survivor Options as it relates to pensions 
  • And we also discuss leaving pensions to your spouse,
  • We hope you all enjoy this episode and if you want to learn more about us go to BeaconFinancialStrategies.com

What do we think about when doing a Retirement projection? Someone walks into our office and says to us"I want to retire" or "I want to prepare for retirement", what do we do from there?  In this episode of Finance In A Flash, Erin Campbell joins Nick Faulkner to walks us through this process and discuss the details of how we prepare a retirement plan.

To learn more about us or our company go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, Nick & Erin discuss a very important topic in the Financial Planning world: Debt. They discuss a variety of questions such as; What is considered good debt or bad debt? Which type of debt should you pay off first? When you should look at refinancing your home, and much more!

If you want to learn more about us or our company go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, we talk through cash flow and the enormous impact it can have on your retirement plan. To help walk us through this important topic we bring back our tax and planning expert Erin Campbell. Throughout this episode we discuss the three phases of retirement, common cash-flow myths, and much more!

We hope you enjoy this episode of Finance In A Flash and to learn more about us or our company go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, we discuss one of the most frequently asked questions people have when considering retirement or when they are currently retired; "When Should I Take Social Security?". To help us tackle this important question we bring in Erin Campbell our tax and planning expert!

If you want to learn more about us or the podcast go to BeaconFinancialStrategies.com.

On this episode of Finance In A Flash, Nick and Chip discuss the importance of contributing to 401k's and their benefits. They go through 401k frequently asked questions, tax benefits of 401k's, and have a quick discussion on how you should view investment options within your 401k plan.  Chip and Nick then discuss what you should do if you have an old or inactive 401k plan and whether or not you should consider rolling it over to your new 401k plan or roll it over into an IRA. Lastly, always remember to check your beneficiary designations on your 401k plans!