Financial Insights & Things to Think About

With yields on cash climbing, advisors struggle to keep some clients in stocks Even though history suggests the best strategy has always been to stay invested for the long haul, a safe 4% return is luring more investors to the sidelines. January 20,2023 By Jeff Benjamin In the immediate wake o...

By Justin L. Mack January 19, 2023, 8:12 p.m. EST|  FinancialPlanning.com | Photo by Fauxels For the second consecutive year, the CFP Board can say that it has ushered in the largest, most diverse class of fresh CFPs the industry has ever seen. But from the outside looking in, the numbers refle...

Our expert shares tips for the best practices to plan your estate. During the holiday season, it's a good time to visit with friends and family and reflect on your values and desires for managing and disposing of your assets after your lifetime. While thinking about legacy planning can be unplea...

I've always found it quite remarkable that large groups of highly credentialed leading economists can disagree so vehemently on the state of the economy and the market outlook. The latest debate is whether we are in a recession. I will gently remind you that the economy and the market are two dif...

When I was a young planner experiencing my first bout of market volatility, my wise mentor reminded me that people solve problems. Those three simple words have shaped how I view investing. Even during what feels like the most challenging or hopeless situations, I remind myself often of these th...

As investors this year, we have experienced no shortage of market volatility. Markets don't go straight up forever, and volatility is a normal and expected part of investing. It's the cost we pay for the opportunity for higher returns over time. Due to persistent inflation and the Fed continuing...

Thanks Janna Herron for including me in your article – Plus check outCashay, a new personal finance website. Janna is an editor for Yahoo Money and Cashay. https://www.yahoo.com/now/how-you-should-use-your-tax-refund-in-2021-172044636.html Janna Herron·EditorFebruary 12, 2021·6 min read Given re...

It's never too late to start savings for your future by Patricia Amend, AARP, March 3, 2021 | Comments: 8 iStock / Getty Images En español | “In a perfect world, we would all begin saving [for retirement] from the time we receive our first paycheck,” says Nicole Gopoian Wirick, a certified finan...

I'm excited to share my first article as a guest contributor to The Street's Retirement Daily! Thank you Robert Powell, CFP® for inviting me to write for your publication. I'm glad to be aboard! Check out my article here: https://www.thestreet.com/retirement-daily/your-money/how-the-secure-act-i...

Appreciate Newsweek & Senior Reporter Kerri Anne Renzulli for including my perspective! “Just because 2020 is over doesn't mean you're out of luck,” says Birmingham, Michigan financial planner Nicole Gopoian Wirick. https://www.newsweek.com/14-last-minute-moves-that-can-boost-your-tax-refund-157...

A great article about staying the course in the stock market. Thank you Carmen Reinicke for including my perspective. Save the bumpy rides for jet skiing and the thrills for the amusement park! Why you should stay the course in the stock market, even amid the GameStop trading frenzy https://www....

THE STREET: Don't Miss These Best Tax Planning Ideas Left for 2020 https://www.thestreet.com/personal-finance/taxes/dont-miss-these-best-tax-planning-ideas-left-for-2020 Here's your year-end tax to-do list, including investment-related strategies, charitable contributions and home business ideas...

msn money powered by Microsoft News MSN MONEY: 38 ways to avoid lifestyle inflation Jeanine Skowronski 1/11/2021 https://www.msn.com/en-us/money/personalfinance/38-ways-to-avoid-lifestyle-creep/ss-BB1cEib1?ocid=anaheim-ntp-feeds#image=12 photo © garyphoto istock 1. Stop lifestyle creep before it...

INVESTOR'S BUSINESS DAILY Advisors Find Better Ways To Manage Their Time During The Pandemic https://www.investors.com/financial-advisors/time-management-advisors-find-ways-boost-productivity-during-pandemic/ Financial Advisors Advisors Find Better Ways To Manage Their Time During The Pande...

The tools provided by big players like Fidelity and Schwab are a plus for investors just starting out, but what do they mean for smaller advisory firms? November 16, 2020 By Nicole Casperson Free financial planning apps enter the equation https://www.investmentnews.com/free-financial-planni...

https://www.forbes.com/advisor/investing/what-is-volatility/ “Market volatility is a normal part of investing and is to be expected in a portfolio,” says Nicole Gopoian Wirick, a certified financial planner (CFP) in Birmingham, Mich. “if markets went straight up, then investing would be easy and...

Here's what to do for a better 2021 PUBLISHED TUE, DEC 15 2020•12:50 PM EST Carmen Reinicke @CSREINICK “Year-end provides a perfect opportunity for us as humans to take a sort of a psychological pause for a moment and say, ‘Okay, let's exhale, pause, and look at where we started this year, wher...

We asked advisors to highlight their charitable donations, volunteering and other good works. By Ginger Szala | December 17, 2020 https://www.thinkadvisor.com/2020/12/17/how-did-you-give-back-this-year-advisors-advice/ Advisors are a generous bunch, especially when donating money to favorite ch...

By Jane Peterson For MediaNews Group Mar 15, 2020 https://www.theoaklandpress.com/lifestyles/how-to-enjoy-what-you-ve-spent-years-saving-for-during-your-retirement/article_cc1e397e-5404-11ea-b4d9-771e0591aa2f.html It can be challenging for many people to transition from accumulating wealth for ...

Robert Powell Dec 11, 2020 7:00 AM EST Robert Powell Thank you for including me in your article (below) – Nicole Gopoian Wirick From Roth IRA conversions and taxes to employee benefits and your 2021 budget, here's your checklist of easy, smart money strategies It's December. And that means time...

Alessandra Malito Thanks for including me in your article! – Nicole Last Updated: Dec. 26, 2020 at 3:55 p.m. ET First Published: Nov. 3, 2020 at 1:20 p.m. ET By Alessandra Malito Help Me Retire: I'm 60, my wife thinks ‘money is for spending,' I just lost my job and plan to retire — how can we av...

While now is not the time to make wholesale changes to your portfolio, consider year-end planning strategies given the unique opportunities and new legislation taking effect this year. If this list seems overwhelming, start at the top and evaluate each option one at a time.  Put a check next to ...

How To Leverage Social Media to Build Your Financial Planning Business. Hosted by: Brittney Castro, CFP®, AAMS®, CRPC® and Founder & CEO of Financially Wise Inc. This Special Event was presented by FPA of Michigan Women & Finance Committee. As Women & Finance Knowledge Circle Committee Co-Chair,...

When it comes to investing, we humans can't help but get in our own way. In fact, the very traits that have allowed us to survive and thrive as a species can make us bad investors. Let's discuss how following the herd might be detrimental to financial freedom. Imagine we are in a crowded auditor...

When it comes to investing, we humans can't help but get in our own way. In fact, the very traits that have allowed us to survive and thrive as a species can make us bad investors. Let's discuss how mental accounting might be detrimental to financial freedom. Our brains are pattern making mac...