Midyear Outlook 2021

Midyear Outlook 2021

INTRODUCTION: PICKING UP SPEEDIn the first half of 2021, the U.S. economy powered forward faster than nearly anyone had expected. As we were writing our Outlook for 2021 in late 2020, our economic views were significantly more optimistic than consensus forecasts—but...

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How to Save Money for Your Kids

As a parent, you want to do everything you can to set up your children for success. Every dollar saved can help your child build a more secure and productive future. You can start saving and investing money for your kids at any age. Below I’ll talk about some of the...

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Happy 4th of July Weekend

Happy 4th of July weekend everyone!!! As we head into the weekend, I hope everyone is doing well and has some fun activities planned. I’m looking forward to grilling some burgers and hot dogs. No ribs or wings, just going to keep it basic this weekend with something...

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Applying the Rule of 72

We all want to double our money right? There’s a simple formula called the Rule of 72, that can help figure out how long it would take to double your money at a specific interest rate. The rule of 72 is a popular mathematical shortcut and easy concept for investors to...

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5 Reasons to Start Investing Early

5 Reasons to Start Investing Early

Younger people often focus mainly on the short term. This mindset makes it harder to build wealth and financial freedom later in life. You may not be thinking about home ownerships or having a family to care for now, but you most likely will in the future. Starting to...

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4% Withdrawal Rule: Under Scrutiny

There are certain milestones and benchmarks financial planners use to double check that clients’ are on track and able to live a promising retirement. One of those generally widely accepted rules of thumb is the 4% withdrawal rate, which basically states that retirees...

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What to Make of Inflation

What to Make of Inflation

Consumer prices have gone up across the board. America is reopening, and it seems that many things cost a lot more than they did a year or two ago. With the price increases, you have probably seen the scary headlines about the new inflation concerns.  What should...

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The Tax Control Triangle

The Tax Control Triangle

Most people know they need to save for retirement but may not realize the importance of where to save. Taxes are not the most entertaining topic to talk about, but it could potentially save you thousands of dollars. Ideally, we want to diversify our money into...

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Investing in a Bubble?

Investing in a Bubble?

The past year, we have seen speculative stocks and assets soar. Some may be here to stay and other may be what we consider a “bubble”. A bubble is defined as an economic cycle that is characterized by the rapid escalation of market value. This fast inflation is...

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Market Recovery: 2009 and Current

Market Recovery: 2009 and Current

Market Recovery: 2009 and Current  So far, the current market rebound has looked like what we saw following the market bottom in 2009. Many people were surprised to see such a quick recovery when economic conditions were still shaky. In the chart below, I compared the...

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Plan to Rise Above®

Welcome to the Plan to Rise Above® Blog. Continue to check back for new and exciting content in the world of financial planning, wealth management and personal finance.

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