Newsletter

Financial Tips for Women Who Want to Age in Place

Steps to Help You Remain Comfortable and Independent in Retirement
By Kathy Longo, CFP®, CAP®, CDFA
Monday, 23 January 2023

Financial Tips for Women Who Want to Age in Place

After diligently saving and managing your money through your working years, it can be tempting to take your foot off the gas and let your finances take a backseat once you retire. After all, you’ve finally reached retirement – what’s left to plan for? However, for women, who statistically have longer retirements, careful financial planning is crucial if you want to enjoy your retirement in its entirety. This is especially the case for women who are hoping to age in place.

The tips below are designed to help you make the most of your golden years when you want to remain in your home and live independently.

Tips for HENRYs (High Earner Not Rich Yet) to Build More Wealth

How High-Income Earners Can Avoid Wasting Their Financial Potential
By Kathy Longo, CFP®, CAP®, CDFA
Wednesday, 07 September 2022

Tips for HENRYs (High Earner Not Rich Yet) to Build More Wealth

Coined by Fortune Magazine, the term HENRY stands for “high earner not rich yet” and it typically refers to individuals and families who earn between $250,000 and $500,0000 but haven’t been able to amass any real worth yet. It may be difficult to understand how someone making this much money could feel like they’re not rich, but with high costs of living, the reality is that high-income earners often feel that they’re far from rich.  Research on the subject shows that 25% of families making $150,000 or more are living paycheck-to-paycheck.

Kathy Longo was Recently Interviewed for MoneyGeek

Wednesday, 21 July 2021

Kathy Longo was Recently Interviewed for MoneyGeek

Kathy Longo was recently interviewed by MoneyGeek for a piece they did on how an individual can start investing and saving their money. In the interview, Kathy provides her expertise on questions that center around investing in stocks and bonds, advice for those who live paycheck to paycheck, whether an investment app is a good idea, and more. 

Taking the Leap : The Risks and Rewards of Starting a Business, Making It Grow, and Fulfilling Your Entrepreneurial Vision.

By Kathy Longo, CFP®, CAP®, CDFA

Wednesday, 30 May 2018

Taking the Leap : The Risks and Rewards of Starting a Business, Making It Grow, and Fulfilling Your Entrepreneurial Vision.

When I decided to start Flourish Wealth Management a little over four years ago, there was a great deal to consider and to plan for. But first I had to accept the fact that I could fail, things could turn out worse than I expected them to, the market could take a nosedive the day after we opened our doors, and my planning and effort could all be for naught. But, there was the other side, too. I might succeed, things might work out better than I had anticipated, the market might stay relatively steady, and my planning and effort might just pay off both financially and personally. For those with an entrepreneurial spirit, starting a business isn’t just about the potential for financial gain; in fact, financial opportunity often takes a back seat to the need for independence and the need and desire to create something meaningful and personally fulfilling.

Focus on Long-Term Goals Instead of Reacting to Short-Term Market Movements

By Jay Pluimer, AIF® CIMA®

Monday, 26 March 2018

Focus on Long-Term Goals Instead of Reacting to Short-Term Market Movements

An important aspect of the Flourish investment philosophy is to help our clients find the right portfolio for them. We use a variety of tools to help clients identify their risk tolerance, then match that up with their long-term financial goals to build a customized investment solution.

The following article by Dave Goetsch, Executive Producer of “The Big Bang Theory”, provides helpful perspective about the importance of staying focused on long-term goals instead of reacting to short-term market movements. This is an important concept to connect with because big market changes can affect us emotionally and psychologically. Mr. Goetsch does a nice job of summarizing his connection with market performance without using investment jargon.

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