Financial Planning
Articles and resources related to Financial Planning.
Is your financial advisor speaking with your CPA?
November 20, 2024
Integrating the roles of your tax advisor and financial advisor can significantly enhance the effectiveness of your financial planning.
Just Do Something
October 18, 2023
In her book, Before All Is Said and Done, Pat Miles urges us to "just do something!" Here are suggestions for getting started and how CCM can support you in ensuring your goals, legacy, and final desires are accomplished.
To Give More, Think Differently
August 18, 2023
If you desire to give more than you do now, consider employing behavioral strategies.
Financial Plan for One, Please
July 28, 2023
Regardless of the decision of or catalyst for a single status, there can be unique considerations and challenges for independent women.
Putting Breaking News in Perspective
July 18, 2023
When breaking news hits, focusing on what matters in the next five hours, five days, and five years can help you take the best steps forward.
So, You Want to Retire?
July 17, 2023
As a financial advisor with more than 30 years of experience, Katy Vermeer, CFP®, shares what's on her mind as she anticipates her own retirement.
What the Fiduciary Rule and Telling the Truth Have In Common—And Why Both Are So Freeing
June 16, 2023
CCM's take on the new fiduciary rules being discussed and why acting in a client's best interest has always been one of our core values.
The Newlywed Financial Planning Checklist
June 1, 2023
There are many aspects around one's financial life that can change after marriage. Review our checklist.
You Likely Can Spend and Give More
April 19, 2023
Consider the joy you'll experience in making a special purchase or charitable gift.
What to Focus on During Periods of Volatility
March 16, 2023
It's important to remember what matters and what you can control. Your CCM advisor is here to help.
Secure Act 2.0 Signed Into Law
January 20, 2023
Highlights from the Signed SECURE Act 2.0 and the impacts on financial planning strategies.
Financial Conversations With the Next Generation
January 20, 2023
One of the first questions I ask people who are seeking financial advice is, “What are your first money memories?”
Money and Independence
December 8, 2022
Knowledge can give people financial independence and comfort. The CCM Women's Initiative supports this.
How You Could Benefit From the Inflation Reduction Act of 2022
October 17, 2022
As everyday prices continue to increase, you could benefit from different tax credits.
Are We There Yet? Navigating Volatility.
October 17, 2022
How investors can measure success in the midst of volatility.
Why Do We Invest?
August 22, 2022
Financial plans should be customized to meet each investor's unique financial goals.
Responding to the Financial Complexities of Divorce
July 25, 2022
Why a financial advisor is a key advocate in situations of divorce.
Security Is a Feeling, Not a Number
March 24, 2022
To feel financially secure, it's important to ask yourself questions about what is important to you and why.
Five Little-known Facts About 529s
April 22, 2021
Now is an ideal time to examine your educational savings strategies, including a 529 plan.
A Family Meeting: One of the Best Things You Can Do for Your Family in the New Year
January 15, 2021
An effective family meeting can become a family bonding experience that pays dividends for many years.
Dementia-friendly Wealth Management
August 24, 2020
Three important wealth management steps to take upon noticing signs of dementia.
Highlights of the CARES Act
April 2, 2020
CCM's integrated team is diligently working to apply the CARES Act benefits to our clients' financial plans.
Have You Considered a Family Meeting?
July 18, 2019
Family meetings are a wonderful opportunity to discuss a family’s wealth and its purpose.
Minnesota Individual Income Tax Changes Represent Federal Conformity
June 5, 2019
Carlson Capital Management's Tax Team analyzes tax law changes and helps clients optimize their tax situations, including impacts of Minnesota's Omnibus Tax Bill.
Investment Insight: A Ten-Year Look Back
May 2, 2019
March 9, 2009, is an important day in our shared history. It was on this date when the financial markets hit rock bottom during the Global Financial Crisis (GFC).
An Update from the Tax Team: Is Mortgage Interest Still Deductible?
April 16, 2019
Under the new Tax Cuts and Jobs Act of 2017, some key factors that will help determine the deductibility of interest paid on a mortgage loan.
The Power of Budgeting
February 28, 2019
A budget is one of the most basic and powerful financial tools available. It can serve as a road map, helping to create a pathway between where you are and where you want to be. Regardless of your age or stage of life, a budget can be a central component of meeting your financial goals.
The Evidence-based Value of Owning a Globally Diversified Portfolio
January 25, 2019
Putting aside the “noise” that can distract investors, the evidence is conclusive—it is very, very difficult to choose individual securities or investment vehicles that beat a diversified portfolio’s return. Especially in times of volatility there can be an emotional desire to “do something” even when it is not supported by evidence and is certainly not in one’s best interest.
Retirement Planning: Reflecting on the Journey
July 23, 2018
By reflecting on your retirement journey and what gives you joy, your spending is aligned with what matters most to you.
Utilizing Your Health Savings Account as a Retirement Planning Strategy
July 18, 2018
A Health Savings Account is unique in that it is the only type of investment account that provides for both tax-deductible contributions and tax-free distributions (for qualified medical expenses).