Wealth in Progress

Two advisors can give you the same advice and get paid in completely different ways. In this episode, I break down the most common ways financial advisors charge, what each one may mean for you, and the questions worth asking before you hire anyone. Learn more: https://www.wealthandplan.com#financialplanning #feeonly #personalfinance #wealthbuilding #finance---Wealth and Plan is a Registered Inves...

Part 5 of 5: Other Common Employer BenefitsWe wrap up this 5-part series on employer benefits by highlighting some other benefits that are less talked about, but still might be available to you. Learn about HSAs, FSAs, PTO, EAP, and more! #EmployeeBenefits #FinancialPlanning #PersonalFinance #Benefits #HSA ---Wealth and Plan is a Registered Investment Adviser in the state of Texas, Louisiana, and...

Part 4 of 5: Accidental Death & Dismemberment Coverage (AD&D)Most people think life insurance and AD&D are the same thing - they’re not. AD&D = accidental death and dismemberment. That means it can pay out if an accident causes death, loss of a limb, sight, or hearing. Worth to note: It only covers accidents, NOT illnesses. Death from a heart attack, stroke, or cancer diagnosis is...

Part 3 of 5: Group Life Insurance Do you know if your employer life insurance is actually enough? Group life coverage can be a great benefit, but there’s one big catch: it usually doesn’t follow you when you leave your job. In this week’s episode, we break down what group life insurance really covers, why checking your beneficiaries matters, and how to decide if the coverage that you have is enoug...

Part 2 of 5: Disability Coverage BenefitsDo you know how your employer’s disability coverage actually works? From own occupation vs. any occupation to short-term and long-term disability, understanding the fine print could make a huge difference if you ever need to rely on it. In this episode, we break down the basics so you can make smarter decisions about your benefits and your income protection...

Part 1 of 5: 401(k) Basics Explained If your employer offers retirement benefits, understanding how your 401(k) works can make a big difference. In this video, we break down what a 401(k) actually is, compare traditional vs. Roth contributions, define employer match, vesting, and discuss some of the investment options that your plan may offer. This is the first episode of our 5-part series on empl...

In today's financial landscape, savvy parents are always on the lookout for innovative ways to secure their children's financial future. One exciting option that has emerged is the Trump Account, a unique investment vehicle designed specifically for minors. In this post, we dive into what Trump Accounts are, how they work, and why they might be a beneficial addition to your financial plann...

Most financial plans have a spot for retirement, a house, maybe your kids' education. Travel? It usually just gets absorbed into "discretionary spending"... until it causes guilt or ends up on a credit card. My wife and I just got back from two weeks in Spain, and it got me thinking about travel differently: not as a splurge you apologize for, but as a real financial goal, one that d...

In today’s episode of Wealth in Progress, I share my journey from being a young kid learning about finance to starting my own firm, Wealth and Plan. I saw firsthand how my parents were turned away by financial advisors because they didn’t meet asset minimums. That moment fueled my passion to create a space where everyone is welcomed, regardless of their financial situation. At Wealth and Plan, we...

Interest rates determine the cost of borrowing money, and they impact everything from mortgage rates to car loans. When rates rise, borrowing becomes more expensive, making big purchases daunting. But there's a silver lining: higher interest rates can mean better returns on savings accounts! Conversely, lower rates make borrowing cheaper, encouraging spending but also increasing competition in...

Most planners focus on folks nearing retirement, but if you're in your 30s and 40s and thinking about retirement, it is usually best to start planning early. Your biggest advantage is time. 💡 Did you know that accessing retirement funds before age 59½ can come with penalties? Planning ahead means creating a separate bucket so you’re not stuck waiting, and understanding tax rules is key. Healthcar...

Maxing out your 401k isn’t just about hitting a number. Most think maxing out a 401k is simply setting your contribution percentage high enough, but there’s a lot more. It’s not just about your employee contributions... there are employer matches, profit sharing, and IRS limits that can boost your savings way beyond what you imagine. Did you know in 2026, if you're under age 50, you can contribute...

We often think that a higher income means financial freedom, but it can actually lead to new pressures and lifestyle creep. It’s easy to let that extra cash disappear into subscriptions, fancy dinners, or vacations, leaving us feeling right where we started. How do we avoid this trap? Defining *your* version of success is crucial. What does it look like for you? Maybe it’s retiring early, or being...

Welcome to Episode 1 of Wealth in Progress! Are you feeling behind financially? If so, you're not alone. Let's talk about the real struggles with money. You’re not broke or irresponsible; you just feel out of the loop. Many hardworking folks think everyone else has it all figured out while they’re lost in the noise of financial advice. From comparing yourself to others to feeling guilty about spen...