Finance In A Flash

On this episode of Finance In A Flash, we talk through cash flow and the enormous impact it can have on your retirement plan. To help walk us through this important topic we bring back our tax and planning expert Erin Campbell. Throughout this episode we discuss the three phases of retirement, common cash-flow myths, and much more! We hope you enjoy this episode of Finance In A Flash and to learn...

On this episode of Finance In A Flash, we discuss one of the most frequently asked questions people have when considering retirement or when they are currently retired; "When Should I Take Social Security?". To help us tackle this important question we bring in Erin Campbell our tax and planning expert! If you want to learn more about us or the podcast go to BeaconFinancialStrategies.com...

On this episode of Finance In A Flash, Nick and Chip discuss the importance of contributing to 401k's and their benefits. They go through 401k frequently asked questions, tax benefits of 401k's, and have a quick discussion on how you should view investment options within your 401k plan.  Chip and Nick then discuss what you should do if you have an old or inactive 401k plan and whether or...

In this episode of Finance In A Flash we have a little bit of a different format for you. Chip Hymiller will be interviewing our host, Nick Faulkner about a variety of topics such as why he got into the financial planning industry, what he has learned through this pandemic, his personal interests, and much more! Again, thanks for listening, and if you want to know more about us or our company go t...

In this episode of Finance In A Flash, Nick & Chip discuss one of the most used phrases in all of finance, "The Market". What are people actually referring to when they say things like; "The market is crashing today!", "The market is down 1000 points", or "Stocks are soaring!"? Nick and Chip unpack the different indexes people may be referring to when th...

On this episode of Finance In A Flash, Nick & Chip explain what Donor Advised Funds are, and how they can be used as a charitable gifting strategy.  If you want to learn more about us, go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, Nick and Chip discuss a question that a lot of people have been asking during this turbulent time in the market; "Should I adjust my asset allocation?".  Nick & Chip start with the basics of describing how they think about asset allocation throughout a person's lifetime and then transition into instances where it may or may not be an approp...

On this episode of Finance In A Flash, Nick & Erin take a deep dive into Roth conversions. They start with the basics by defining what a Roth conversion is and then transition into deeper topics by describing different scenarios on when it makes sense to use this strategy! Thanks again for listening to Finance In A Flash, and for information about us go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, we introduce another member of our staff at Beacon, Erin Campbell. Erin is a principal and a co-founder here at Beacon, who also has her CFP & CPA designations.  We discuss the advantages of having a tax professional on your side and the possible pitfalls people may face when doing taxes themselves. For some people doing your own taxes may make sense if y...

On this episode of Finance In A Flash, we conclude our series titled: Financial Planning Opportunities Amid Marketdownturns. Throughout the episode, we cover several planning techniques such as Roth Conversions, Refinancing your mortgage, and reevaluating your budget, especially if you are in the distribution phase. As always, we thank you for listening and if you want to learn more about us go to...

On this episode of Finance In A Flash we continue our series on Financial Planning Opportunities Amid Market Downturns by covering Tax-Loss Harvesting. We go through the details of Tax-Loss Harvesting and the benefits of using this strategy during times when your investments have losses. Thanks for listening to Finance In A Flash, and if you want to learn more about us go to BeaconFinancialStrateg...

On this episode of Finance In A Flash, Nick & Chip discuss the benefits of evaluating your risk tolerance amid a market downturn. When things look grim amid a stock market decline, it's easy to get negative and want to adjust your asset allocation. However, there are several negative effects in doing so, which we discuss in greater detail on this episode! To learn more about us or our fir...

On this episode of Finance In A Flash, we discuss the negative effects of trying to time the market. Our first instinct when the market "tanks" is to sell and to "buy back into the market when things look better". However, having this mindset can be dangerous and cost you enormous returns over the long haul of investing. 

On this episode of Finance In A Flash, Chip & Nick discuss the benefits of rebalancing your portfolio amid a market downturn. When the stock market declines, so does the stock percentage in your portfolio, meaning you have to buy more stocks to get to your target asset allocation. This can be advantageous in various ways, to which we discuss in this episode!