Women's Money Wisdom

Melissa Joy, CFP® is joined by Sharee Burkel, the owner of the QDRO Company, LLC, a CERTIFIED FINANCIAL PLANNER™ practitioner, Certified Divorce Financial Analyst (CDFA®), and Certified QDRO Specialist™. In this episode they discuss Qualified Domestic Relation Order (aka QDRO) in simple and easy to understand terms. If you need to divide retirement assets in divorce, you may need a QDRO. We explain the ins and outs.

You will learn:

•  A QDRO is a legal document that divides a financial asset, specifically retirement plans pursuant to divorce.
• Why do I need one drafted?
• How do I start the QDRO process?
• What happens if I never ordered the QDRO after my divorce was final?

Resources:

• The QDRO Company LLC website HERE.
• Learn more about Sharee Burkel, CFP®, CDFA®, CQS™
• Additional divorce resources and blogs HERE.

Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. Pearl Planning does not provide legal or tax advice. Please be sure to consult with the appropriate legal or tax professional with regards to your situation. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode, Melissa Joy CDFA® is joined by attorney Peter Bissett, PLC to discuss spousal support. Peter works both in litigation and collaborative law practice, and focuses solely on divorce, custody, and parenting time proceedings. In this episode, Melissa and Peter address the many variables that go into determining spousal support in the divorce process. 

You will learn:

·       Even in a “no-fault” divorce state, fault can play a role in spousal support. 

·       What are the 14 factors considered when determining the support amount?

·       How is monthly spousal support determined if the higher-earning spouse is paid in commission or bonus pay?

·       What happens if the paying spouse dies or becomes unemployed?

Resources:

Find more information about Peter Bissett, PLC HERE

Read Peter's Blog ,What Happens to the Equity in our House if we get Divorced?

Learn how Divorce Financial Planning can help.

Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. Pearl Planning does not provide legal or tax advice. Please be sure to consult with the appropriate legal or tax professional with regards to your situation. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode Melissa Fradenburg and Hannah Near, CFP, ® CPA, discuss the recently proposed tax legislation. With her master’s in accounting and experience in financial planning, Hannah offers valuable insight on how the proposed tax changes may affect various aspects of your financial picture. We will discuss potential changes to estate planning, retirement planning and business tax filing status that you might want to consider before this legislation is signed into law. 

You will learn:

·         What could the new top marginal tax rate look like and what income ranges would be affected?

·         What can you do to prepare for a higher capital gains tax rate?

·         Who will be impacted by changes in pass-through and S-Corp rules?

·         Could Roth IRA conversions going away?

·         What is the proposed exemption amount for estate taxes? 

·         Will the child tax credit from 2021 be extended? 

Resources:

Find out more about Hannah Near, CFP®  

Read the latest Pearl Planning blog, House Democrat Tax Proposal: What You Need to Know.

 Links are being provided for information purposes only. Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. Please note, changes in tax laws or regulations may occur at any time and could substantially impact your situation. Pearl Planning financial advisors do not render advice on tax or legal matters. You should discuss any tax or legal matters with the appropriate professional.

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode Melissa Joy, CFP® and Adam Wadie, HR consultant with Advanced Insurance discuss what you need to know about open enrollment and what various benefit options mean for you as far as coverage and cost. Adam specializes in complex enrollments and is always looking to simplify the enrollment process. 

You will learn:

·         What are the differences between an HMO and a PPO?

·         How do high deductible plans work vs. traditional plans.

·         What is the minimum deductible to qualify as a high deductible plan?

·         FSA vs HSA

·         Things to consider with dental coverage options.

·         Should I take advantage of life insurance through my employer?

·         How do I know if I have adequate coverage?

·         What do I need to do if my beneficiaries have changed?

Resources:

Find out more about Adam Wadie and Advance Insurance.

Read Melissa Joy, CFP®  blog, Top Mistakes in Open Enrollment and How to Avoid Them.

Pearl Planning is not affiliated with and does not endorse the opinions or services of Adam Wadie or Advanced Insurance. Links are being provided for information purposes only. Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode, Melissa Fradenburg, Financial Advisor, RJFS, and Kelli Anderson discuss the importance of work-life integration for working mothers and how to move from an unhappy work situation to a fulfilled career. Kelli Anderson is a career coach for working moms and the founder of Mindset Mamas and Get The Job Shop. Kelli specializes in helping women gain clarity and take action when considering a pivotal career change or starting a businesses. If you no longer feel like you belong in your current role or crave purpose in your work-life, this podcast episode is a must listen. 

You will learn:

·       How to gain clarity on what it is that will make you feel fulfilled.

·       Why it is important to get your identity back after becoming a mother. 

·       How to turn that “dream job” into a reality.

·       Why women stay at a job when they’re miserable.

·       How happiness at work translates to happiness at home.

·       How focusing on work-life integration vs work-life balance can be more realistic.

·       How to get your resume to stand out to employers.

Resources:

 Find out more at www.mindsetmamas.com

Find job resources at www.getthejobshop.com

Read This one easy tip can change the entire day for working moms, Blog from Kelli Anderson.

Contact Kelli Anderson HERE. 

More career resources for moms at The Mom Project. 

Join a community for working moms at Hey Mama.

Pearl Planning is not affiliated with and does not endorse the opinions or services of Kelli Anderson, Mindset Mamas or Get the Job Shop. Links are being provided for information purposes only. Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode Melissa Fradenburg, financial advisor, RJFS and Chiara Mattieson discuss the common mistakes made in estate planning. As an estate planning attorney with extensive experience in litigating probate and related civil matters, Chiara understands what can happen when estate planning goes wrong. 

You will learn:

·       A full estate plan does a lot more than "say who gets what when you die." 

·       A will is not a plan. It is "here's who gets what when I die." 

·       Why trusts are not just for the super wealthy.

·       Why you must title assets and designate beneficiaries in accordance with your plan. 

·       Why just using “joint titling" instead of an estate plan is risky.

·       How to tackle estate planning for blended families.

·       Why you should never keep secrets with your estate planning attorney. DISCLOSE!

·       What you need to tell your intended heirs to help execute your plan.

Resources:

·       Learn more about Chiara Mattieson and Mattieson Law, PLC HERE. 

·       Read Chiara’s blog, Estate Planning For Single People: Why It Matters

·       Contact Chiara Mattieson directly HERE.

Pearl Planning is not affiliated with and does not endorse the opinions or services of Chiara Mattieson or Couzens Lansky. Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. Pearl Planning advisors do not provide legal or tax advice. Please be sure to consult with the appropriate legal or tax professional with regards to your situation. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode Melissa Joy, CFP® and Brooke Kent discuss the secrets to a successful career move.  They cover everything from writing a resume that stands out, updating your LinkedIn profile to attract recruiters, to mastering the interview process. Brooke has spent two decades helping executives and professionals craft personalized, achievement focused, persuasive and visually appealing resumes and LinkedIn profiles. 

You will learn:

·       How to tell a story and share quantifying details about job experience at the same time. 

·       Why you should customize your URL on LinkedIn.

·       Make sure your headshot is up to date and coveys that you are competent, likable, and professional. 

·       Why you should not skip the “summary” or “skills” section of LinkedIn.

·       How do you get your resume to “stand out?” 

·       What font you should use on your resume?

·       Things not to include on your resume.

·       How do you prepare for a job interview?

·       How to hit a sweet spot of warmth and competence in an interview.

·       How to dress for a job interview. 

·       Common questions to prepare to answer in a job interview.

Resources:

Find out more about Brooke Kent HERE. 

Upcoming Webinars to help you advance your career. 

Follow Brooke on LinkedIn.

Link to Brooke Kent’s weekly job-search checklist.

Pearl Planning is not affiliated with and does not endorse the opinions or services of Brooke Kent or Brooke Writes It. Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode Melissa Fradenburg, financial advisor, RJFS will be sharing some of her favorite clips from episodes in season 2.  Together with Pearl Planning founder and podcast co- host Melissa Joy, CFP® , this season has explored topics from budgeting and improving your net worth to work-life happiness and college savings. It is our mission to provide bite-sized tips and actionable advice on a weekly basis. 

You will learn:

• How often to evaluate your net worth and why it may fluctuate.
• An important element to work-life happiness and how it has evolved over time. 
• Why everyone should fill out the FAFSA form when applying to college and how various assets are considered in financial aid. 
• How to use budgeting apps and why friction on spending is important.
• What legal tools do attorneys have when it comes to maintaining financial status quo through the divorce process.

 Resources:

• Learn more about Tracy Brower PhD and order a copy of The Secrets to Happiness at Work as well as previous book, Bring Work to Life by Bringing Life to Work.
• Learn more about Alexa Kane CFP®
• Read about Anthony Urbani II HERE.
•  Follow Jill Carr’s Blog HERE.
• Find out more about budgeting apps like Quapital, Everydollar or MINT.

 Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. Pearl Planning and its advisors do not provide legal or tax advice. Please be sure to consult with the appropriate legal or tax professional.

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode Melissa Joy, CFP® and Danika Waddell, CFP®, CSLP® discuss employee planning when your company goes public. Danika focuses on working with women who are in the tech industry, receive equity compensation or are small business owners, typically in the early to mid-career stages. In this episode Danika uses her experience specific to equity compensation to cover the ways in which an employee can financially prepare for their company to go public. 

You will learn:

·       What is the process for an IPO?

·       What are some financial considerations in this process?

·       What is a vesting schedule ?

·       How can a professional like a financial planner help?

Resources:

Find out more about Danika Waddell, CFP®, CSLP® HERE.

Follow Danika on Twitter or LinkedIn.

Read a Blog on preparing employees for an IPO.

Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...

In this episode, Melissa Fradenburg is joined by Alexa Kane, CFP®, Financial Advisor with Pearl Planning, to discuss ways to improve your net worth. 

We will discuss:

·       What is Net Worth and how do you calculate it?

·       How incremental increases in retirement contributions can really increase assets over time.

·       Why paying down debt on the liability side makes sense.

·       How refinancing can improve your balance sheet.

·       How market performance can hurt or help your net worth.

·       It is important to focus on improving your net worth vs comparing it to others net worth.

Additional Resources:

·       Find out more about Alexa Kane, CFP® HERE.

·       Read Alexa’s Blog,Is It the Right Time to Refinance?

·       Find out about refinancing options and calculators HERE. 

·       Debt repayment Calculator.

·       Read more on how to calculate your Net Worth.  

Pearl Planning is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Pearl Planning is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. 

The previous presentation by PEARL PLANNING was intended for general information purposes only.  No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https...