Submitted by Bernhardt Wealth Management on September 1st, 2020
Submitted by Bernhardt Wealth Management on August 31st, 2020
Which one should you work with?
We find that, by and large, people seeking financial advice know to look for a financial advisor who has high levels of integrity and who wants to do what is in their clients’ best interest at all times. But it seems that fewer people pay attention to the orientation of their financial advisor candidates.
Submitted by Bernhardt Wealth Management on August 24th, 2020
In the second article of this series, one of the last points we made was that, since we know marketers, journalists, and social media posters use emotional “hot button” words to provoke us into action, it’s important, especially where our investment decisions are conce
Submitted by Bernhardt Wealth Management on August 17th, 2020
Clearly, there is a lot to think about when planning for retirement. While we have a degree of control over many of the choices involved, there’s one big wild card called “sequence risk.”
Submitted by Bernhardt Wealth Management on August 10th, 2020
A couple of weeks ago, we shared a blog post introducing the concept of how to be “positively skeptical,” i.e., adopting a mental attitude, not of closed-mindedness, but rather openness to new information that is accompanied by a bias toward careful verification.
Submitted by Bernhardt Wealth Management on August 3rd, 2020
When Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act in 2019, several advantages were created for persons using Roth IRAs or 401(k) plan accounts to prepare for retirement.
Submitted by Bernhardt Wealth Management on August 1st, 2020
I have a friend who was born and raised in Missouri, “the Show-Me State.” One day he explained to me that Missouri’s nickname is said to have originated in a statement made by Willard Duncan Vandiver of Boone County, Missouri, who served in the U.S. House of Representatives from 1897 to 1903.
Submitted by Bernhardt Wealth Management on July 28th, 2020
Submitted by Bernhardt Wealth Management on July 27th, 2020
Keeping family wealth and relationships in good shape
The old saying “Shirtsleeves to shirtsleeves in three generations” means family wealth that’s built by the first generation is eroded or even destroyed by the third generation, which squanders the assets it inherits through reckless spending, poor investment decisions and other mistakes.
Submitted by Bernhardt Wealth Management on July 20th, 2020
As we work with our clients to create a plan for retirement, we typically emphasize the importance of accurately forecasting the impact of healthcare costs. Let’s face it: as we grow older, the likelihood of increased spending for healthcare rises.
Given the continued rise in infection and hospitalization rates in 40 of the 50 states, it seems obvious that we are nowhere close to living in a “post–COVID-19 world.” And yet, experience and common sense persuade most of us that somehow, some way, modern science will find an answer to this latest global health threat.