Legacy Planning 101: Ensuring Your Spouse’s Wishes Live On
In the world of finance, legacy planning isn’t just about numbers; it’s about preserving a story. For our clients, navigating the estate planning maze with their family values in mind can be a powerful way to honor and continue their spouse’s legacy. Of course, this is often easier said than done! Let’s go over a […]
What Is a DAF, and Should I Open One for Charitable Giving?
Donor-advised funds (DAFs) have gained popularity as versatile charitable giving accounts. DAFs allow donors (account holders) to receive immediate tax deductions while strategically directing payments to charitable organizations over time. In this article, we’ll delve into the fundamentals of DAFs, their operational aspects, potential benefits, strategic utilization, and considerations to help you determine if they […]
Resetting Your Financial Goals & Values At The End Of The Year
As we approach the end of the year, it’s the perfect time for some personal reflection. Reviewing your personal goals, celebrating achievements, and realigning your values with your finances can be a powerful exercise. Let’s dig into what a “financial reset” can look like and how it can help you build a plan for 2024 […]
Honoring Blair McCarthy
With heartfelt gratitude, we honor the memory of Blair McCarthy, the visionary founder and guiding spirit of FPC Investment Advisory, Inc. His indelible impact on the world of wealth management, built on a foundation of more than 30 years of professional investment experience, remains a testament to his enduring legacy. Blair founded FPC Investment Advisory […]
Financial Planning for Widows: Maximizing Pension and Social Security Benefits
When navigating widowhood, thinking about your future financial well-being may be stressful. Even if you feel confident with the funds you currently have, or were left to you when your spouse passed away, you may still have many different questions keeping you up at night: Pension and Social Security benefits can be confusing even during […]
Navigating Retirement as a Widow: Working with a Financial Advisor in Your Next Chapter
Widows have unique challenges and opportunities as they move towards and through retirement. Retirement is a difficult transition to navigate under the best of circumstances. When you add the emotional and financial pressure that widows face along with normal questions about creating cash flow during this next chapter, it can feel overwhelming, if not impossible. […]
What To Consider When Buying a Second Home
Are you in the market for a second home? In recent years, we’ve seen an uptick in retirees who want to buy a second home to be near their out-of-state kids, or to vacation during this new chapter. Considering whether you are financially prepared to invest in a second home can be a crucial step […]
Keeping a Level Head in Finance and Investing
If the stock market has taught us anything the past few years, it’s that the unexpected will inevitably come to fruition. With dramatic highs and lows throughout COVID, and sweeping changes to the tech industry and beyond in 2023, investors likely feel stressed out and overwhelmed when it comes to keeping tabs on the market. […]
3 Signs Your Aging Parents Need Financial Help
Are you worried about your parents as they age? Maybe you suspect they are becoming less capable of handling their finances independently? You’ve possibly even thought about saying something to them but are worried about how they will respond. If so, you aren’t alone. It’s a fine line to walk between helping your aging parents […]
Medicare and Summer Travel
Are you getting ready to take a summer vacation? If you plan to travel, did you know you may not have the same health coverage while away? People enrolled in Medicare might want to take another look at their policy to ensure they’re still covered throughout summer travels, especially for overseas trips. If you are […]