Inspired by the recent addition to podcast co-host Coby’s family, Karen and Coby share their best financial advice for starting a family - before and after baby! From diaper budgets to building the foundations of your family’s future, we’ve laid out some of the key financial considerations that accompany this important life decision in our newest episode.  

Links:

Your Dollars, Our Sense Book: https://a.co/d/fZzybHf

'Saving for College: https://beaconpointe.com/college-savings-plans-faqs/

529 Plan FAQs: https://www.savingforcollege.com/intro-to-529s/what-is-a-529-plan

FMLA: https://www.dol.gov/general/topic/benefits-leave/fmla

Estate Plan Key Documents: https://beaconpointe.com/four-essential-estate-planning-ingredients/

Coby and Karen highlight one of the most misunderstood money concepts, breaking down the rules of gift giving.  From freebee gifts the IRS ignores, when gifts need to be reported, and common gifting mistakes, all the details are wrapped up in a nice little package.

Co-hosts Coby Cress, CFP® and Karen Reifel, CFP® discuss the importance of balancing your reasonable and rational desires when it comes to decision-making. They touch on topics such as mortgage payments, social security, and portfolio risk when considering how to make decisions that fit your financial goals.

Links:

The Psychology of Money, by Morgan Housel

Markets in Motion podcast

Article

In this episode of Beacon Pointe podcast "Dollars & Sense", co-hosts Coby Cress, CFP® and Karen Reifel, CFP® shed light on the importance of this decade as it sets the stage for retirement plans, Medicare considerations, legacy planning, tax strategy, and some easily avoidable missteps along the way. 

Episode Resources:

Financial Planning Through the Ages: 60 Somethings

Devin Carrol

Outlive by Peter Attia, MD

Simple Wealth, Inevitable Wealth by Nick Murray

Retirement Planning Guidebook by Wade Pfau, Ph.D.

Some advice may be good, just not good for you. 'Dollars & Sense' co-hosts Coby Cress, CFP® and Karen Reifel, CFP® highlight the importance of financial advice tailored to your personal situation and how informed decisions can help you avoid any hidden pitfalls of generic advice.  

In this episode of 'Dollars & Sense', co-hosts Coby Cress, CFP® and Karen Reifel, CFP® record live from the Beacon Pointe Advisor Summit in Laguna Beach, California. They recap investment opportunities as shared by industry leaders at the annual conference, and also speak to the role passion plays in financial guidance. 

Episode Links:

Learn more about our DAF:

https://youtu.be/TkqPWsbjduE

Learn more about Portfolio Diversification:

The 'Advice Through the Ages' mini-series continues with must-know financial tips for 50-Somethings! Plus, hear how to begin thinking about and saving for retirement if you haven't already.

The Secure 2.0 Act has been a hot topic these days for retirees and pre-retirees alike. Passed by Congress in late 2022, the legislation comes with some major changes in retirement planning. Hint: it’s a good thing!

Whether it’s changes in your employer’s sponsored retirement plan or how you should be saving for your children’s education, ‘Dollars & Sense’ co-hosts Coby Cress and Karen Reifel are here to help you understand the retirement plan changes headed your way.

In this episode, Coby and Karen break down key highlights of Secure 2.0 for retirees, including RMD changes, Qualified Charitable Donations, supercharged retirement savings, and college savings.

Link: The Secure 2.0 Act

The Secure 2.0 Act has been a hot topic these days for retirees and pre-retirees alike. Passed by Congress in late 2022, the legislation comes with some major changes in retirement planning. Hint: it’s a good thing!

Whether it’s changes in your employer’s sponsored retirement plan or how you should be saving for your children’s education, ‘Dollars & Sense’ co-hosts Coby Cress and Karen Reifel are here to help you understand the retirement plan changes headed your way.

In this episode, Coby and Karen break down key highlights of Secure 2.0 for pre-retirees, including mandatory retirement savings, tax-free free money, student loan matching and college savings.

Link: The Secure 2.0 Act

With a new year comes new updates in the world of finance. Tax season is right around the corner, and it is important to keep up with new tax laws.

With changes in 401k contribution limits, charitable donations, and even potential tax benefits for purchasing an electric car, co-hosts Coby Cress, CFP® and Karen Reifel, CFP® will help get you up to speed.

Show Notes: 

Electrek