Finance In A Flash

This is a replay of our most recent webinar: "End of Year Tax Planning Strategies". During this webinar, Beacon’s team will provide important updates on 2021 tax laws and discuss several “Tax Planning Strategies” including: *Tax-Loss Harvesting *Charitable Gifting *Roth Conversions *Maximizing Retirement Plan Contributions

On this episode of Finance In A Flash, we continue our series on Mid-Career Professionals by discussing Insurance. Chip and Nick discuss what types of insurance you should consider as a Mid-Career Professional, and what you should think about when determining how much insurance to purchase. If you want to learn more about us or our company go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, we continue our series on Mid-Career Professionals by discussing Investments. Chip and Nick discuss how you can maximize your investment strategy as a Mid-Career Professional, as well as the different types of investment accounts you should consider. If you want to learn more about us or our company go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, Nick Faulkner interviews Erin Campbell. Erin is a Founder and Principal of Beacon and serves as the firm's Tax and Financial Planning Manager.   We really hope you enjoy this episode and get to know more about Erin as she talks about her personal life, professional history, and how she came to form Beacon Financial Strategies. If you want to learn more a...

On this episode of Finance In A Flash, Nick Faulkner interviews Chip Hymiller. Chip is a Founder and Principal of Beacon and serves as the firm's Senior Portfolio Manager. We really hope you enjoy this episode and get to know more about Chip as he talks about his personal life, professional history, and how he came to form Beacon Financial Strategies. To learn more about us or our company go...

On this special episode of Finance In A Flash, we interview Chip and Erin on the history of Beacon Financial Strategies. We discuss the story of Beacon, the background of how Chip, and Erin met to form Beacon and the vision of Beacon moving forward. We hope you all enjoy this episode and if you want to learn more, go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, we continue our series on Mid Career Professionals by discussing different savings strategies. Erin and Nick discuss what types of accounts you should save to, and in what order. Do you save to a 529 education account before a 401k or a Roth before a personal brokerage account? We discuss these types of questions and more!  To learn more about us or our podca...

On this episode of Finance In A Flash, Nick & Erin begin our series on Mid-Career Professionals. We discuss why Cash Flow, Budgeting, and having adequate Emergency Funds are extremely important and how they can impact your future plans for retirement!

On this episode of Finance In A Flash, Nick & Chip discuss the varying types of investment accounts and the pros and cons of each.  Investment accounts that were discussed include; personal brokerage accounts, Roth IRAs, Traditional IRAs, and 401ks. If you wish to learn more about us or our company go to BeaconFinancialStrategies.com.

On this episode of Finance In A Flash, Nick Faulkner interviews Beacon's Planning & Operations Manager, Stephanie Murray. We really hope you enjoy this episode and get to know more about Stephanie as she talks about her personal life, her professional history, and how she contributes to Beacon's success. If you want to learn more about us or our company go to BeaconFinancialStrategie...

On this bonus episode of Finance In A Flash, Nick interviews Beacon's Client Services Representative, John Matto. We really hope you enjoy this episode and get to know more about John as he talks about his personal life, how he goes into financial planning, and where he sees himself in the future. If you want to learn more about us or our company go to BeaconFinancialStrategies.com

In this episode of Finance In A Flash, Nick & Chip continue the Insurance Planning Series and discuss "Annuities".  They go through a general overview of annuities and discuss the three major types of annuities: Immediate Annuities, Fixed Annuities, and Variable Annuities. If you want to learn more about us or our company go to BeaconFinancialStrategies.com.

On this episode of Finance In A Flash, we continue our insurance planning series by Discussing "Disability Insurance". Nick and Chip go over commonly asked questions and discuss the specifics of Disability Insurance policies as well. If you want to learn more about us or our company go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, we continue our Insurance Planning series by discussing Long-Term Care Insurance (LTC). If you are nearing retirement or already retired you should seriously look into this just because of the rising costs of nursing homes and skilled nursing care.  We discuss the specifics on LTC and answer the following questions as well: What are elimination periods? What...

In this episode of Finance In A Flash, we begin our Insurance Planning Series by discussing Life Insurance. We believe that life insurance serves an integral role in a family's overall financial health and answer important questions about life insurance including: What are some reasons someone would need life insurance? How much life insurance does someone need and what are factors when deter...

In this episode of Finance In A Flash we discuss a simple, yet popular question; "Should I buy dividend-paying stocks to supplement my income?" The answer to this question varies on a person-by-person basis, but for most, the answer is a resounding no. Let us explain on this podcast!

On this episode of Finance In A Flash Nick & Chip discuss Financial Jargon. They break down common words used in the finance industry, that people may have heard before, but don’t actually know what they mean! They go over terms such as asset allocation, stocks, risk tolerance, personal brokerage accounts, and market capitalization just to name a few! We hope you enjoy this episode and if you...

In this episode of Finance In A Flash, Nick & Chip discuss the most popular types of investment vehicles in the world, Mutual Funds & ETFs. What are the differences between the two and are there advantages or disadvantages to using them? In addition, they spend a lot of time talking about the tax efficiency of ETFs and how Mutual Funds can be incredibly tax-inefficient at times. We hope yo...

On this episode of Finance In A Flash, we discuss our education planning philosophy, as well as details of a 529 Education Plan. Our recommendations for saving for a child’s education are based on our belief that parents should focus on improving their personal financial situation prior to concentrating on saving for their children’s college costs.  We then dive into the details of 529 Education P...

This week we tackle a very important and popular question people are asking: "Is there a bubble in stocks or the stock market?"  We also discuss various strategies you should take and questions you should ask yourself when feeling uncertain about the future of the stock market. We hope you enjoy this episode and if you want to learn more about us or our company go to BeaconFinancialStrat...

In this episode of Finance In A Flash, Nick & Chip discuss the story of Gamestop and how it has captivated the world over the past week.  Thanks to a Reddit thread pointing out that a large hedge fund had a massive short position on Gamestop, the stock price rose almost 2,000% within a week! We break down how this happened and the important lessons everyone should take away from these recent e...

Welcome back to Finance In A Flash, this week we bring back our investment expert, Chip Hymiller to discuss Target Date Funds. We have a detailed discussion about Target Date Funds, the pros and cons of having them in your portfolio, and what to consider when choosing this type of investment.  We hope you enjoy this episode, and if you want more information about this podcast or our company, go to...

Today on Finance In A Flash, Nick & Erin discuss pension plans. Not many people have Pensions anymore, but we do see a fair amount in the federal and state retirement system as well as some holdovers from private companies. We are going to go over topics such as Annuity Style vs. Lump-sum pension Survivor Options as it relates to pensions  And we also discuss leaving pensions to your spouse, W...

What do we think about when doing a Retirement projection? Someone walks into our office and says to us"I want to retire" or "I want to prepare for retirement", what do we do from there?  In this episode of Finance In A Flash, Erin Campbell joins Nick Faulkner to walks us through this process and discuss the details of how we prepare a retirement plan. To learn more about us or...

On this episode of Finance In A Flash, Nick & Erin discuss a very important topic in the Financial Planning world: Debt. They discuss a variety of questions such as; What is considered good debt or bad debt? Which type of debt should you pay off first? When you should look at refinancing your home, and much more! If you want to learn more about us or our company go to BeaconFinancialStrategies...