4 Ways Physicians Can Build Wealth
Physicians dedicate years of education and training to establish successful medical careers, but building wealth often takes intentional effort beyond clinical expertise. As you navigate the complex world of personal finance, it is crucial to adopt strategies that can help you build lasting wealth and financial security. Below, we will explore four key approaches that […]
The Importance and Need for Tax Planning
That does not mean you need to pay more in taxes than you must. Year after year, many Americans send more to the Internal Revenue Service than they need to. Why does this happen? Lots of people do not grasp the need for and importance of tax planning for individuals. They make decisions that cost […]
Five Ways Your Advisor Should Add Value to Your Portfolio
A recent study revealed that 75% of the adult population in the U.S. manages their own finances without any advice from professional services or advisors — and just 17% said they have a financial advisor. A study from Pew Research Center recently showed that 62% of non-retired adults have experienced wage or job loss since the start of the […]
$anta Clau$ is Coming to Town
How much should I spend on Christmas gifts this year? Written by Tami Acree I’ve seen many a friend post on social media something to the tune of, “Goodbye Halloween, Hello Christmas!” as they set up their Christmas trees and deck their halls with boughs of holly the first week of November. I happen to […]
AREVA Pension Plan Transfer – What’s Best for You?
If you are a former employee of AREVA Inc., or a current employee of Framatome, you may have a decision to make concerning your existing pension accumulation – whether to take a lump sum payment, a monthly benefit payment, or a deferred benefit payment provided by an insurance company under the same plan provisions. Those […]
Financial Credentials: Alphabet Soup
Written by Joe Eskridge Our clients sometimes ask about the various financial credentials held by team members at HSC Wealth Advisors. At HSC Wealth Advisors, we use the following credentials: CFP® Professional; Accredited Investment Fiduciary® (AIF®); Certified Public Accountant (CPA), and Chartered Financial Analyst® (CFA) to name a few. What Do All These Letters Stand […]
How to Avoid 5 Common Retirement Income Mistakes
Written by Brian Carlton Here is a quick guide of the five most common mistakes many investors make while planning for retirement. In order to make the most of your assets, make sure you don’t fall into any of these traps: 1. Keep your portfolio diversified. You will need the income. Don’t assume that you […]
Don’t Put All Your Money In One Basket
Written by Joel Bengds We all have heard and probably abided by the saying, “Don’t put all your eggs in one basket.” We know the literal implications of dropping a basket of eggs and why it’s a good idea for a farmer to spread out the risk. At the end of the day, a little […]
HSC Wealth Advisors’ Investment Philosophy
Recently, one of our clients recommended that we share some information about HSC’s investment philosophy, particularly on how it relates to fees inside our clients’ portfolios. Over the last five years, we have been communicating during our clients’ Annual Review that one of the ways we add value on the investment side is by utilizing […]
Peace of Mind: The Gift of Pre-Planning and Prefunding Your Funeral
Have you ever considered what will happen after you’re gone? Maybe you’ve written a Will, indicated the beneficiaries of your assets, and had some important conversations with your loved ones. But have you considered the events and rituals that will symbolize the life you’ve lived? There’s a funeral to be planned, arrangements to be made […]