Blog

Congratulations to Fred Borstad for recently earning his Certified Investment Management Analyst® (CIMA®) certification after attending the University of Chicago Booth School of Business CIMA® Education Program and passing a five-hour...

Stoplight Assessment Tutorial

Ryan C. Williams, CFP®, CEPA®, CPFA

Wednesday, May 25, 2022

Walkthrough the Waterfront Financial Group Stoplight Assessment with our advisor, Ryan Williams. Learn how to fill it out and how to get your results. Our stoplight helps you prioritize what we should discuss on our next call with you.

Since the RMD tables haven't been updated since the early 2000s and people now have longer life expectancies, the tables are due for an update. Here are a few things to note about the new 2022 RMD tables and how they may impact you.

All business owners, no matter how young or old, will exit their business. They will exit according to a plan or because of an unknown circumstance. The main river is the exit river, it is the one that for many is the culmination of a...

The saving versus paying off debt is an age-old quandary that has plagued people since the advent of consumer debt. Pose this question to a group of financial planners and the responses will be split, roughly down the middle. While...

Many business owners believe the act of selling their business is similar to passing the baton in a 400 meter relay: once you’re finished running, you get to relax. In reality, buyers will insist that you stay on for a transition...

An increasing number of Americans are facing an uphill battle just trying to save enough and earn enough on their savings to be able to retire on time. Carrying much higher debt burdens than previous generations, many pre-retirees have...

Did you know that according to Exit Planning Institute's report State of Owner Readiness, 70 - 80% of businesses will NOT sell?* I was flabbergasted at this figure. When I think of how a business owner thinks of his business as a part...

Most people couldn’t bear the financial hardships resulting from unexpected events, such as a major house fire, a car accident, a disability or the premature death of a family breadwinner, which is why one of the most important...

Actively managing your debt is an important step, and your student debt may be one of the biggest financial obligations you have. There are many strategies that could help you manage student loans efficiently. Here is a checklist....

As the saying goes there are two things that are inevitable: death and taxes. And, out of those two sure things, you can only really plan for your taxes. It should be no surprise when tax season surely and steadily rolls around again,...

It’s important to conduct regular check-ups on your retirement plan to make sure you are on track in working towards your retirement goals. Below are a few questions to ask yourself, at least annually, to see if (and how) they...

A retirement plan is important to your business — and to all the employees relying on it for income later in life. However, mistakes and confusion can turn retirement plans from an attractive benefit into a liability. A properly...

You think back fondly on those halcyon collegiate days--studying in the quad, late-night pizza, tailgating for the big game, dorm living, tossing your graduation cap in the air...beyond the lifelong friends and the parties and fun,...

As just about every investor knows, it's not what your investments earn, but what they earn after taxes that counts. After factoring in federal income and capital gains taxes, the alternative minimum tax, and any applicable state and...

We view goals as life’s destinations, whether it is where you want to be at the end of the day or at some point in the distant future. But there is a big difference between a clearly stated goal with a plan to achieve it, and a...

If you have read any literature on retirement planning or have received advice from a financial professional, chances are you were presented with the 70% rule, the one that suggests that retirees will need between 70 and 80% of their...