Philanthropy: 5 Steps to Evaluate Charities for Year-End Donations by A. Scott White, CFP®, ChFC®, CLU; President, Scott White Advisors As the holiday season approaches, your mailbox and email will fill with donation requests from charities. Lots of charities. According to Cause IQ, in 2020 there were over 1.8 million nonprofit organizations, 1.7 million of […]
Financial Planning Extends to Your Community and Causes with National Nonprofit Day
Financial Planning Extends to Your Community and Causes with National Nonprofit Day by A. Scott White, CFP®, ChFC, CLU President, Scott White Advisors August 17th marks a compelling day for philanthropy efforts across the nation, officially designated by The Registrar at National Day Calendar as National Nonprofit Day. Founded by speaker, author, and business strategist […]
Retirement and Charitable Giving
Retirement and Charitable Giving by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors In financial terms, we refer to retirement as the ‘asset distribution phase’ of life—the time when the assets you’ve worked hard to create can be used to fund the post-career life you desire. For many of my clients, their retirement […]
The Emotional Aspects of Retirement
The Emotional Aspects of Retirement By A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors Are you, or someone you know, thinking about retiring? In addition to the financial considerations, there’s also an emotional aspect. Retirement is a major transition—we move from the life we’ve known for decades to a life that’s unknown. It […]
A New Look For Your Social Security Statement
A New Look For Your Social Security Statement The personal Social Security statement, created to help Americans understand the Social Security benefits they might be entitled to, has been redesigned for the first time since the earnings statement began mailing to selected age groups in 1995.1 Changes on the new statement include more visual elements […]
Graduation: A Time of Celebration and Increased Responsibility
Graduation: A Time of Celebration and Increased Responsibility June is traditionally considered to be graduation season. Though children and grandchildren would like to celebrate the end of school, this is also the end of dependency on their parents. Yes, graduation is an academic milestone and an important occasion to celebrate and acknowledge the accomplishment. The […]
Kids and Money: Many Financial Habits are Set by Age 7
Kids and Money: Many Financial Habits are Set by Age 7 by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors Research shows that kids’ financial habits may be set by age 7—which means that teaching them financial skills should start early. According to behavior experts David Whitebread and Sue Bingham of the University […]
Consumer Fraud Is Big Business
Consumer Fraud Is Big Business by A. Scott White, CFP®, ChFC, CLU President, Scott White Advisors Consumer fraud is so big that the Federal Trade Commission has declared March 6 – 12, 2022 as National Consumer Protection Week. Just how big is consumer fraud? In the U.S. last year, a record number of 2.8 […]
A Time for Weddings—and Prenuptials
A Time for Weddings—and Prenuptials by A. Scott White, CFP®, ChFC, CLU President, Scott White Advisors Weddings are a time of joy and excitement. So it’s not surprising that some engaged couples don’t want to think about worse case scenarios. In 1914 the U.S. divorce rate was 1%, and the rate hit an all-time high […]
Helping Beneficiaries Succeed—and Promoting Family Harmony
Helping Beneficiaries Succeed—and Promoting Family Harmony by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors Over the next 30 years, Americans will transfer trillions in wealth from one generation to the next. According to the Federal Reserve, the median inheritance in 2019 was $92,700 for someone whose parents had a college degree and […]