Bright Ideas

Choosing the right advisor

As the saying goes, "When times are good, anyone can make money." In the tenth year of the bu;; market following the Great Recession, markets are at or near all-time highs, but recent volatility has some i nvestors uncertain on where the markets will go from here. Many are re-evaluating their relationship with their financial advisor to ensure that they are in good hands.

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Bright Ideas

Read what Brightworth advisors and planners have to say about wisely managing your financial future.

real estate market

Real-estate professionals listen up: the real-estate market is hot right now but the eventual downturn is coming. Are your finances prepared to survive the next stage? 

  • Job market holds the key to continued economic recovery
  • Bond market rallies as inflation fears subside
  • The march higher for stocks continues
woman excited she got the job offer

Have you considered all the factors involved in making a job switch?

father teaches child about money

Do you know where to start when it’s time for your children to learn about handling money?

family at 4th of july garden party

As you gather with friends and family this 4th of July, remember what you are celebrating. Our nation is the land of the free and the home of the brave. Yet, I have found that people do not always give themselves enough freedom to pursue what truly makes them happy.

hit the target

An important step for business owners as they think through their eventual exit is answering the big three questions: 1) to whom I will transition my business, 2) how much I need to net out from the transition, and 3) when I will exit.

Bright Blog

Check out what Brightworth advisors and planners have to say about wisely managing your financial future.

 

Thu, 07/15/2021 - 13:27

Social Security is an important bucket of income for many retirees. Here are a few key ages to keep in mind as you consider your optimal timing to begin receiving benefits.

Author uid: 38
Thu, 07/15/2021 - 09:26

Rounding out our Retiring Well framework is Planning for Retirement. We start with an exercise using the power of observation to help build your vision for life in retirement.

Author uid: 29
Tue, 07/13/2021 - 14:47

It’s been called The Great Resignation, but whatever the name, people are reconsidering their jobs in record numbers. Before you make a jump though, are you asking the right questions?

 

Author uid: 10
Thu, 06/24/2021 - 16:28

If it weren’t abundantly clear by now that money decisions are primarily psychological and emotional ones, the last 13 months have driven this point home. The technical and tactical remain highly important. But just a simple glance at the articles, blogs, and even books revolving around the financial space indicate that people want to know how to gain meaning, purpose, and satisfaction in life. 

Author uid: 11
Thu, 06/24/2021 - 15:49

Many retirees consider travel as one of their most enjoyed activities.  The love of travel can therefore become an important part of legacy planning as an expression of values and priorities. Conde Nast Traveler magazine recently featured a story about a couple who passed down their passion for travel to their family in a meaningful way.  Read on to hear their story from the perspective of their granddaughter.

Author uid: 38
Mon, 06/07/2021 - 15:58

 

For centuries, human beings have fought against the reality of life: that we are aging and will eventually die. Entire industries are devoted to extending and improving our lifespan and even our mindset regarding getting older. The area of aging and its implications are a central theme throughout the other Elements of Retirement.

Author uid: 11
Fri, 06/04/2021 - 14:33

A bad fall at an advanced age can change everything. And by the time it happens, you may be scrambling to understand your elder relative's financial situation and plan next steps.

Author uid: 10
Thu, 05/27/2021 - 16:19

During their accumulation years, many givers earmark a portion of their cash earnings for charitable purposes.  But how should retirees think about generating income for charitable purposes when their cash flow comes from multiple income sources such as Social Security, pensions, deferred compensation plans, or Required Minimum Distributions (RMDs)?

Author uid: 38
Thu, 05/27/2021 - 16:03

In the spirit of friendship, personal growth, and community, we are excited to launch the Retiring Well Book Club. Each quarter, we will feature a book recommendation and a short executive summary. The book for this quarter is The Psychology of Money: Timeless lesson on wealth, greed and happiness by Morgan Housel.

Author uid: 11
Thu, 05/20/2021 - 15:46

rocket launch

Growing up in Huntsville, Alabama (aka “The Rocket City”), in the 1970s and 80s, I was well aware of its importance in the golden age of America’s space program.

Author uid: 354
Thu, 05/13/2021 - 16:00

A home equity line of credit could be a helpful temporary source of liquidity for extra cash needs in retirement, especially for retirees who generate most of their income from tax-deferred accounts like a 401(k) or IRA.  Here are four common scenarios where this line of credit could make sense.

Author uid: 38
Thu, 05/13/2021 - 15:45

We take a deeper dive into the Element of Leisure. How can you use your wealth to bring greater satisfaction to this area of retirement life?

Author uid: 11