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 […]
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 […]
Disaster Preparation: Do This Now
Disaster Preparation: Do This Now by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors A friend in Colorado told me her family received pre-evacuation orders recently. Their home was in the path of a large wildfire, and they were instructed to pack the car and be ready to leave at a moment’s notice. […]
Mental Health Needs: How to Help Our Community
Mental Health Needs: How to Help Our Community The Covid-19 pandemic has had a major impact on our lives. Many of us are facing challenges that can be stressful, overwhelming, and cause strong emotions. Public health actions such as social distancing are necessary to reduce the spread of Covid-19, but they can make us feel […]
Family Philanthropy: Sharing Values, Leaving Legacies
Family Philanthropy: Sharing Values, Leaving Legacies by A. Scott White, CFP®, ChFC, CLU President, Scott White Advisors Estate planning can be about more than just who ultimately benefits from your work—it can also be an opportunity to share your personal value system with future generations. When you set up your estate plan, you have three […]