Estate Planning

Ballast

Weekly Update

The Ballast Atheneum is a collection of our thoughts on the twelve most important topics in financial planning. Today, the focus is on Estate Planning. Estate planning is no longer reserved exclusively for the ultra-wealthy. An estate plan is an integral part of any sound financial plan. Whether it’s a last will, a simple testamentary … Continued

Planning Opportunities with SECURE Act 2.0

Cameron Hamilton

Uncategorized

SECURE Act 2.0 is good for retirement savers. Key Takeaways:   RMD Age Delayed from 72 to 73, then 75 for those born in 1960 & later Expanded Roth savings opportunities Expanded savings opportunities, especially for pre-retirees   It’s becoming a holiday tradition.  On the morning of Christmas eve, I sat down to a cup … Continued

2022 Market Recap and 2023 Outlook

Ballast

Weekly Update

To kick off the new year, John Boardman (CEO, Founder) and Andy Reynolds (COO, Partner) sat down to recap the economic environment in 2022 and discuss the 2023 outlook. Click the play button below to watch.     Topics include: Recent economic data and performance The 1% of market volatility on trading days Market fundaments … Continued

Ballast Bloopers 2022

Ballast

Uncategorized

As we look back on 2022, we thank you for your trust in us and the support of our team. We sincerely hope you have had a wonderful holiday season with friends and family. We are eager to continue to help you reach your financial goals in 2023.   As we roll into 2023, let’s … Continued

December Market Update 2022

Ballast

Market Update

    During the Ballast Open House last week, the advisors led a brief market update and economic discussion for those in attendance. This video was recorded live in the Ballast Conference Room with a full audience. Listen as they share current market conditions, financial planning strategies, and updates. Advisors: John Boardman, CFP®, Founder and … Continued

Open Enrollment Period

Cameron Hamilton

Weekly Update

This week, we have a quick video from Cameron Hamilton. Many of you are currently in an open enrollment period for health insurance. Based on the plans we are seeing, for many, it may be better to choose a High Deductible or HSA Eligible plan. Give us a call and we can help you decide … Continued

Evaluating a Pension Buyout

Brian Burton

Atheneum

Key Takeaways:   Calculating the “hurdle rate” of return is an important first step in determining whether staying in the pension or taking a lump sum is the best option for you. Beyond the math, there are other big-picture variables that should be considered before deciding. The pension vs. lump sum decision should be made … Continued

Year-End Financial Planning & Investments Among Market Volatility

Andy Reynolds

Weekly Update

By: Andy Reynolds, CFP®, MBA COO/Partner – Ballast, Inc.     With the recent stock market volatility, many investors have, and understandably so, buried their heads in the sand, shredding investment statements without looking and focusing outside of their financial life. While many choose to simply not look, the volatility provides significant opportunities for financial improvement, … Continued

Zero-Based Budgeting for Individuals and Households

Frank Yozwiak

Weekly Update

Key Takeaways: In Zero-Based Budgeting (ZBB), you start your budget from zero, then only add in what is truly needed. ZBB is not only useful in a business environment, but also for individuals and households. ZBB is a great way to determine whether your spending is aligned with your goals, priorities, and values.     … Continued

Corporate Strategy: Trick or Treat?

Cameron Hamilton

Weekly Update

Corporate strategies can tell opposing stories about a firm’s future   Key Takeaways: Earnings season has seen growth companies downgraded amid rate hikes CEO’s actions must be weighed by investors at a firm-specific level Layoffs, buybacks, CapEx, debt, & dividends each contribute to firm outcomes     We are in the middle of third-quarter earnings … Continued