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The importance of Updating Your Financial Plan Each Year

By Dan Leonard New Year’s resolutions look different for everyone, but they all have the same goal: to make sure this year’s version of you is improved in some way over last year’s. That change can come in the form of weight loss, a new job, or financial goals. Like a New Year’s resolution, your…

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I’m Unexpectedly Retired, Now What?

By Chris Perry I’ve committed my career to helping people plan for retirement. During the planning phase, I help individuals imagine their ideal retirement scenario and then create a comprehensive financial plan that makes that imagined scenario a retirement. But the thing about life is that it rarely—if ever—goes as planned. Over the past two…

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Wealth Transfer: Shifting Assets Through Beneficiaries, Trusts, Succession Planning And The Tax Implications.

By Kirk Pearson Parents are masterful at assessing the potential consequences associated with giving a gift. Gifting your child a baseball bat increases the likelihood of a broken window, gifting a child a drum set decreases the possibility of a quiet night at home, and gifting a puppy means, well, now you have a puppy…

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Ramifications of taking out a loan against your 401k

By Michelle Boisvert Taking a loan against your 401k plan may feel like a safe option in situations of financial need. A loan against your 401k is not a traditional loan in the sense that there is no lender (they are your assets) and the loan is not measured against your credit score. Those two…

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How to perform as an executor and the things to be aware of

By Chris Perry If you have been asked to serve as an executor of an estate or, worse, were surprised with the honor of being an executor, here are five things to consider before taking on the responsibility that has been asked of you. 1. Your Own Financial Knowledge. As executor, in addition to making…

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DOL Law Updates; Why We’re Asking More Questions

By Andrew Burgess Anchor Wealth helps clients create comprehensive financial plans. A comprehensive financial plan considers all the areas of our client’s financial life, the past, present, and future. To create a plan that is comprehensive we must understand past behaviors, current assets, and future goals. Getting that complete understanding starts by establishing a relationship…

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Anchor Wealth’s Company Values Explained

By Adam Ludwig I started Anchor Wealth Management as a way to fulfill my personal mission. I have two drivers that have motivated my career. I want to help people succeed and I want to build a life with my family in which work doesn’t consume me. I believe these two things are intrinsically linked.…

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What Happens to My Financial Plan After a Divorce?

Shane Stuart, Financial Advisor If you and your spouse have come to the conclusion that divorce is your only path forward there are some practical steps that you can take to make sure that the assets that are now held together are legally retained by the right individuals.   Build a Team of Professionals  Divorce is…

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Avoid the College Credit Card Trap

Dan Leonard, Lead Planning and Trading Associate College is a formative time in the lives of those who choose that path. For many, it is their first taste of life away from their parents and their first experience of true autonomy. After four years, most college graduates would tell you that the lessons outside of…

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Stay The Course During Market Volatility

Michelle Boisvert, AFIM, Sr. Wealth Advisor Miss Mary Mack Mack Mack. All dressed in black black black. With silver buttons buttons buttons All down her back back back. If you finished this rhyme in your head then you probably spent a lot of your childhood recesses like me, in the double Dutch line. These little…

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