Explore These 7 Strategies to Grow Your Financial Portfolio
Helpful Ways to Accelerate Your Retirement Savings Regardless of your age, saving for retirement is a crucial step in financial planning. While starting early is certainly advantageous, many individuals find themselves playing catch-up due to life’s uncertainties. Below, we will explore seven powerful savings strategies to help you accelerate your savings, even if you’ve begun later than anticipated. By implementing these techniques, you may be better positioned to work towards your retirement goals.
The Art of Financial Planning: Building a Solid Foundation
Essential Elements and Guiding Principles of Comprehensive Financial Planning Some people avoid financial planning because they feel overwhelmed by all the numbers. Whether you have concerns about your understanding of finances or you’re looking for guidance to manage your own, this article is for you. We’ll look at financial planning through the lens of an artist painting a masterpiece. Just as each brushstroke and color choice can affect the outcome of a painting, every financial decision and strategy can potentially influence your financial situation. A strong financial foundation can provide a solid base for your financial planning and potentially […]
The DARE Approach to Financial Planning: How We Provide a Tailored Strategy
At Beacon Wealth Management, we believe wealth strategy should be as unique as the individuals we serve. For nearly 30 years, our team has been working with select clients in the Retirement Red Zone, as well as entrepreneurs and professional practitioners, providing high-touch, client-focused wealth management across the greater Bridgeport, West Virginia area and beyond. Our approach centers on building holistic financial strategies tailored to each client’s needs. Through our time-tested process, the BWM Retirement Red Zone Advisory Process, or the DARE approach—Discover, Analyze, Recommend, and Evolve—we strive to simplify the financial journey and guide clients with care and […]
Does Someone You Know Need A Complimentary Strategy Session?
The past year and a half has been interesting, to say the least. With the coronavirus pandemic, a tumultuous election resulting in a new presidential administration, and a shaky return to normal employment levels, it’s no wonder Americans are feeling insecure about their wealth and financial security. During times like these, it’s more important than ever to partner with a trusted wealth advisory team who can help you make sense of economic volatility and develop a wealth strategy you feel secure about. We are here for you, and many of you have asked if we are willing to work […]
Financial Conversation Tips for Couples
Communication about money is often fraught for couples, and bringing the topic up with your partner can be challenging. But discussing financial concerns, goals and habits is key to a strong relationship. And open communication about these topics can help you and your partner work as a team toward common financial goals. How to talk about money and which topics to focus on will likely change as you grow together and enter different life stages. Here’s a look at how to start honest talks about money with your partner and how to keep the conversation going. When you’re dating […]
What Is A Fiduciary And Why Is It Important?
By John Halterman We are living in a day and age of information overload. With a sea of data at our fingertips, it is easier than ever to…
