Tag Archives: Financial Planning
How Much Should You Save by Age 30, 40, 50, & 60
It is agreed that the earlier you start saving for retirement, the better. The big question on the minds of many savers, however, is: “How am I doing?” You may need to save more or less than these amounts based … Continue reading
The Real Cost of College
How much will your family end up paying for college? Your household’s income may have less influence than you think – and some private colleges may be cheaper than you assume. Private schools sometimes extend the best aid offers. Yes, … Continue reading
Investing in Your Beliefs
It’s Not Uncommon Many well-educated, socially conscious, and environmentally friendly investors wind up buying shares of companies whose beliefs and business practices are far removed from their own. Why? Often, investors simply haven’t thought about merging their personal beliefs with … Continue reading
Financial Priorities Young Families Should Address
As you start a family, you start to think more about certain financial matters. Things change when you have kids, so being prepared can make the transition less stressful down the road. Parenting presents you with definite, sudden, financial needs … Continue reading
Should Millennials Be Your Money Models?
Financially, Millennials (or Generation Y) are often criticized for being risk averse and unaware. Is this truth, or is it fiction? In some instances, pure fiction. Here are some good financial habits common to millennials – habits their parents and grandparents … Continue reading
Retiring Before 60
How to retire in your fifties by choice? You will need abundant retirement savings and ways to access your retirement assets that lessen or avoid early withdrawal penalties. You may also need to have other (sometimes overlooked) components of retirement planning … Continue reading
Financial Steps to Take When Getting Married
Are you marrying soon? Have you recently married? As you begin your life together, it is important for you to start planning your financial future together and putting your finances on the same page. Here are some priorities you might … Continue reading
The Importance of Financial Literacy
If only money came with instructions. If it did, the route toward wealth would be clear and direct. Unfortunately, many people have inadequate financial knowledge, and for them, the path is more obscure. Are most people clueless about financial matters? … Continue reading
Tax Planning for the Self-Employed
For some, self-employment is the American dream. An opportunity to be your own boss, to maintain a flexible work schedule, and oh yes, to establish a lifelong relationship with your accountant and other financial professionals. While there’s plenty of upside … Continue reading
How You Can Protect Your Investments from a Crash
Certified Financial Planner Stephen Rischall was featured once again on KNX 1070 In Depth Newsradio where he discussed the current situation of the stock market and whether we should be expecting a crash soon. Check out the live interview below … Continue reading
SMART Goals for the New Year!
I called up my mom to say hello for the first time this year. We started talking about “resolutions”, and she brought up a good point that, “making a New Year’s resolution is just a promise that will be broken … Continue reading
CBS – How to Control Your Company’s Cash Flow
Stephen Rischall has been featured in an article by CBS where he shares some insight on how a company can control its cash flow. The full article can be seen below. For most small business owners, cash flow is constantly in … Continue reading
Are Millennials Taking Their Money Seriously?
See what Stephen Rischall had to say about millennial investors in today’s world. He was recently featured on The Goldstein on Gelt Radio Show where he shared some of his thoughts. Stephen Rischall is an award-winning fiduciary financial advisor. He has … Continue reading
Millennials in LA are Stressed About Money
I’m a millennial (born between early 1980’s to early 2000’s), the generation developing a reputation of being lazy, technology dependent, and pop-culture obsessed. Embarrassingly, most of my peers admit to knowing more about food, music, and sports than they do … Continue reading
What Parents Need to Know About Saving for College
If you’re saving for your child’s higher education, you probably have a lot of questions besides “when did college get so incredibly expensive?” One popular savings tool that might puzzle you the most is the 529 Plan. Started in the … Continue reading
Protection Against Elder Financial Abuse
We are becoming more familiar with the notion of financial abuse targeting elders – scams and other exploitation targeting the savings of people aged 60 and older – but many may think, “it won’t happen to my family” or “my … Continue reading
Switching Jobs and Your 401(k)
Ready to quit your present job and grab an exciting offer from a top-notch company? Great! You’re all set to make a fresh start in your career. But what will you do with your old 401K account? You need to … Continue reading
How Much Home Can You Afford?
Does buying a home make sense for you financially? It may or may not, depending on some financial, career, and lifestyle factors. Your savings, credit, salary, level of disposable income, and your housing preferences all count. If you are serious … Continue reading
College Costs that Slip the Mind
Yes, that last year of high school has just ended with a celebration called graduation. Proud parents and families throw parties and the graduate receives many gifts and cards. The relieved graduate wants nothing more than to sleep in late … Continue reading
Co-Signing: A Good or Bad Idea?
It’s not hard to recall many heartbreaking stories of family or friends who have agreed to co-sign some sort of loan and then find themselves on the short end. Just think about it; the only reason a lender asks for … Continue reading
Personal Bankruptcy Explained
No matter the reason, personal debt problems can be devastating. They can lead to depression, feelings of guilt, shame, anxiety, and problems with relationships. Also, these debt issues often result in individuals feeling the need to hide and even lie … Continue reading
New Updates in 1080 eMoney
Starting on August 22, we are releasing an update to your 1080 eMoney Personal Financial Website. The updates are intended to help organize and make things even easier by creating a better user-friendly experience. Here’s What’s Changing: – A modern … Continue reading
Our Ultimate Financial Survival Guide
Check out our new Ultimate Financial Survival Guide! It provides helpful tips and insight regarding various topics that are all geared towards helping you set up a solid financial foundation. The Ultimate Financial Survival Guide discusses: – setting financial goals … Continue reading
A Goal Without a Plan is Nothing
Even though it’s a busy time for most of us, it’s also a great time to consider (or reconsider) our life goals, especially as they relate to how we use our precious resources – time, energy, and money. And, in … Continue reading
Four Money Lessons
I’ve never liked the word “mistake” – it always seems to grate and add a lot of guilt to what is possibly just a need to learn a new lesson or correct an error in judgment. One of my favorite … Continue reading
Living Cheaper as a Retiree
When I retired a bit earlier than expected last year, I realized I was making a decision to also accept a new lifestyle due to a significant cut in my income. I had also made a decision to retire near … Continue reading
The Investopedia 100
LOS ANGELES, June 28, 2017 /PRNewswire/ — Stephen Rischall, Co-Founder at 1080 Financial Group, was ranked #9 on the INVESTOPEDIA 100 list of influential financial advisors. Investopedia, the premier online source of trusted financial information and services, announced the inaugural INVESTOPEDIA 100, a ranking of influential financial … Continue reading
Vacation or Staycation?
Everyone needs time away now and then – from work, school, people, and even from responsibility. Traditionally, families look forward to these times to have the chance to discover, relax, and to engage in activities that aren’t typical day-to-day events. … Continue reading
Protection from Creditors
When you find yourself in a scenario that you must deal with debt collectors, these seven tips will help you out: 1.Ensure it’s your debt: Be careful when answering calls from debt collectors. You might get calls that aren’t made … Continue reading
Coping with the Loss of a Loved One
Coping with the Loss of Your Spouse and its Financial Impact Losing a spouse is a stressful transition. And the added pressure of having to settle the estate and organize finances can be overwhelming. Fortunately, there are steps you can … Continue reading
