SYM logo

Uncategorized

Balancing Financial Planning for College with Other Goals

Are you planning to help your children with getting a degree someday? Financial planning for college has become a big priority for many American households. However, with education expenses on the rise, the total price tag may be much larger than you think. The average cost of attending a public college is $27,330 for in-state students, $44,150 for out-of-state students, and $55,800 for a private school per year.[1] Add to that other major expenses like

Read More »

Executive Decisions – Moving Forward In Business Amidst the Pandemic with Jenni Wendt (podcast)

Jennifer “Jenni” Wendt is the Global Director of Strategic Planning and Business Analysis at Dow, a sustainable materials science company that sells products in the packaging, mobility, infrastructure, and consumer care industries. Jenni is responsible for generating strategic plans that support the company’s capital planning and corporate strategy. Jenni also has oversight of Enterprise Working Capital, with a special focus on managing the risks related to $5-billion investments in trade account receivables. Jenni joins me

Read More »

The Cost of Emotions in Financial Decisions

You might think that the hardest financial decisions are knowing which investments to pick, mitigating downside risk, or understanding how taxes might impact your returns. But there is one thing that can derail your investment portfolio even faster than poor investment choices and tax mistakes. That is the voice inside your head. On the surface, our daily thoughts and emotions may seem trivial. However, they can trick us into chasing after investments that don’t make

Read More »

Tax Saving Strategies While Approaching Retirement

Taxes are difficult to avoid, but there are many tax saving strategies that can help you minimize your lifetime tax bill. Do you know what tax savings you’ll use when you retire? So much of retirement planning is focused on accumulating the largest nest egg possible. However, the income that your nest egg will generate can evaporate quickly if your tax bills are higher than they need to be. As Judge Learned Hand once said,

Read More »

Retirement Tax Strategies for Women

Saving for retirement is challenging no matter who you talk to. So why have a separate set of retirement tax strategies for women? It is true that both men and women are subject to the same IRS rules. They have similar resources and savings tools at their disposal. However, different life circumstances can make saving for retirement different for women. Our SYM Financial Women’s Initiative leader, Michelle Hipskind, puts it best. “Women have a tough

Read More »

3 Common Mistakes in Establishing a Trust

Have you been considering establishing a trust as part of your estate plan? Trusts are often overlooked and under-appreciated in the big picture of estate planning. Most people focus on a will, yet wills are not a silver bullet. They are simply an estate planning tool, which means that they have a clear purpose and some limitations. The function of a will is to tell the executor of your estate how you’d like your assets

Read More »

How can we help?

This field is for validation purposes and should be left unchanged.