Archive

How much should I be saving for retirement?  How much money do I need to retire?  Big questions!  In James’ recent appearance on FOX4TV, he tackles some of those questions with some simple rules-of-thumb to help you get started on the path to a successful retirement (and how to know when you have enough)!  See […]

Great News!  We’re living longer – 11% of healthy 65 year olds are expected to live to 100.  However, long-term care costs are the number one reason retirees declare bankruptcy (poor planning can leave the health spouse in shambles). Here are some tips to help avoid some of these perils: Prepare early be getting insured […]

How will tax reform affect you and your retirement?!  Tax reform is on the agenda in 2017 and be aware of its impact to your retirement savings.  At this time it appears that the 401k deduction of up to $18,500 is safe. Make sure you maximize your 401k for tax savings and maximize your employer […]

Is your kid going to be the next Payton Manning or Olympian Gymnast?? You know that having a good coach for them is essential, so how about a good coach for you? For 7 years I coached travel Hockey with my daughters team.  I learned a lot in those years about the hidden costs of […]

Parents need to discuss family finances with their adult children. Financial professional James Gallagher talked with FOX4 about how to start that conversation and what topics should be covered: 1. Legal 2. Healthcare 3. Income & Expenses 4. Financial Records Click HERE for a checklist of important financial information that you should make sure to […]

More than 40% of Americans have no life insurance. Financial Professional James Gallagher talked with FOX4 about who should be covered and what options are out there. 1. Know the Types 2. Identify your Needs     Click HERE for a life insurance calculator 3. Compare Policies 4. Re-evaluate

Young or old, rich or poor, there is one part of financial planning that most people are missing- estate planning. 55% of Americans die without a will or an estate plan. James Gallagher talked with FOX4 about estate planning basics. Estate Planning 101: Financial Power of Attorney Health Care Power of Attorney Living Will Click […]

After four (or five) long years of papers, midterms, and final exams… the time has come for college students to don their caps and gowns and get their diplomas. What they learned in class may help them land a job.. but it might not be enough to guide them through the tough financial decisions that […]

Americans are under-prepared and over-confident when it comes to their money. More than half of workers say they’re “somewhat” or “very” confident they’ll have enough money to retire, but one-third say they actually have less than $1,000 in retirement savings. Financial professional James Gallagher talked with FOX4 about 5 steps to take today to prepare […]