According to the World Health Organization, the number of adults living with dementia—a condition that negatively impacts a person’s memory and cognitive function—stands at 50 million. This number is expected to rapidly grow to 82 million by 2030. Alzheimer’s disease is the most common form of dementia, accounting for 60 to 70 percent of all cases. 1 With dementia on the rise, it's increasingly important to consider dementia-friendly wealth management strategies. Stages of ... [Continue Reading]
Articles and resources related to Financial Planning.
Carl Richards is a fellow financial planner whose notoriously creative napkin sketch drawings help simplify complex personal finance concepts. Richards, also known as "the sketch guy," has been penning columns for the New York Times for a decade, and is the author of two books, The Behavior Gap and The One-Page Financial Plan. In Your 5-Step Guide to Navigating a Scary Stock Market, Richards provides useful and timely advice for us all by highlighting a number of key sketches. He does a ... [Continue Reading]
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. It offers relief for individuals, businesses, and state and local governments facing financial pressures as a result of the COVID-19 pandemic. With the reach and the complexity of the CARES Act, there are numerous different planning opportunities we’ve explored for the benefit of our clients since this Act was put into place in late March. To demonstrate how our team is proactively applying the ... [Continue Reading]
For nearly 20 years, I’ve had the privilege of working with clients to create financial plans that are designed to help them achieve their life goals. In this time, I have found that experience is the greatest teacher. I have learned so much by going through multiple market cycles and working with a wide variety of individuals and families, each with their unique set of circumstances. Periods marked by significant market volatility and economic uncertainty, most especially the Global Financial ... [Continue Reading]
With the passing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, CCM's integrated team is diligently working to apply its benefits to our clients' financial plans. Below are some of the highlights we're finding most relevant to our clients, their families, and in some cases, their businesses. CCM advisors will be reviewing the key aspects of the Act in order to recommend the strategies that are best aligned to your goals. Recovery Rebates Individual taxpayers who had an ... [Continue Reading]