retirement planning | Certified Financial Planner in Ramona and San Diego | Fiduciary Advice | Retirement Planning and Investment Management

You Skip Starbucks & Pack Your Lunches, But Is Frugality the Key to Reaching Retirement?

February 8, 2021/in Behavioral Finance, Budgeting /by admin

For many, preparing for retirement means spending strictly and limiting unnecessary expenses during their working years. Saving money is important, and people at every income level vary in their ability to be frugal.

You may have heard that simply avoiding small expenses – such as eliminating your daily trips to the coffee shop – can lead to big savings over time. But are skipping on small expenses really the key to reaching your retirement goals?

Why are fee-only advisors different? Three key things…

November 17, 2020/in Financial Planning, Investments, Retirement Planning /by admin

Hi, I’m Jamie with Woodson Wealth Management, and I’m going to help you sidestep some major headaches, save you time, and put more money in your pocket.

First – some quick background about the changing financial services industry:

Over the last 15 years, our industry has gone through some dramatic shifts. At the outset of my career, folks had to look to the Wall Street Journal or call their stock broker for information on a particular stock or what’s going on in the markets. Now, you can get your news and updated stock quotes in just seconds.

What can Navy SEALs teach us about handling uncertainty?

October 20, 2020/in Behavioral Finance, Economy, Financial Planning /by admin

Hi, I’m Jamie with Woodson Wealth Management, and I’m going to help you make better decisions when the world is uncertain.

How Age Impacts Your Investment Decisions

September 30, 2020/in Budgeting, Financial Planning, Retirement Planning /by admin

Your mindset and goals continually evolve over time. At age 25, you might be focused on paying off student loans and saving up for your first home. Your career is just getting started, and post-work years are well into the future. At 50, however, you’re starting to imagine a time when the career hustle won’t be a part of your life anymore — and neither will your usual income setup. Just as your life changes, your investment decisions may develop as well.

How to Maintain Resilience when Facing a (Financial) Crisis

September 29, 2020/in Economy, Financial Planning, Recession, Retirement Planning /by admin

Hi, I’m Jamie Lima with Woodson Wealth Management, and I’m here to give you the antidote to fear and uncertainty by taking action.

One of the foundations of a solid financial plan is RESILIENCY, which is the ability to get through a crisis without derailing your future.

You’ve Taken a Financial Hit During COVID-19. Use These 5 Techniques to Overcome Financial Stress

September 25, 2020/in Budgeting, Economy, Financial Planning, Recession, Retirement Planning /by admin

Beginning in February and March 2020, America, Canada and Europe locked down cities, closed businesses and halted travel amidst the onset of COVID-19. Six months later, we’re still experiencing the pandemic’s global impact in our communities. A record number of people have applied for unemployment in America since March, and millions are still left jobless, behind on their bills or struggling to make ends meet. If you and your family have been financially hit during the COVID-19 pandemic, here are a few things you can do to help handle and overcome your financial stress.

WWM In the News: Advisors Face Retirement Income Literacy Gaps Among Clients [WealthManagement.com]

September 24, 2020/in Financial Planning, Healthcare Costs, Media Coverage, Press, Retirement Planning /by admin

Copyright Ralph Orlowski, Getty Images

Advisors often face gaps in financial literacy among clients, but the when it comes to retirement income, the blank stares can be particularly worrisome. Advisors say clients still too often don’t know what a sustainable monthly withdrawal rate is, and sometimes don’t know to think about the possibility of long-term care—putting the job of educating clients on retirement issues, as well as planning for them, on the advisors’ shoulders.