Making Better Financial Decisions

  • Should You Use Equal Or Equitable Division During Legacy Planning?

    19 April 2022

    Dividing up your estate among heirs, especially close family like children or grandchildren, is a challenge for many Americans. The most common approach when doing their legacy planning is to leave equal amounts to groups of relatives or siblings. But is this always the best approach?  In fact, you may want to consider the benefits of striving for equitable distribution rather than equal division. Here's what this means and why it can be a good choice for families.

  • Is FIRE Right For You? The Pros And Cons Of Very Early Retirement

    24 January 2022

    Should you join the growing group of Americans who form the FIRE movement? FIRE — short for Financial Independence, Retire Early — can be a route to freedom from the 9 to 5 routine and more enjoyment. But it's not for everyone. To help you decide about becoming a FIRE advocate, here are some pros and cons of this retirement planning method. The Pros of FIRE Certainly, the biggest reason to follow the FIRE movement is to gain the financial independence that allows you to decide when to leave your full-time job.