1 10, 2018

Something In, Something Out

2018-10-04T12:00:26+00:00By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: One in, one out is a great buying strategy. Replace those old tennis shoes with the new set, or the old ratty jeans for a fun new pair. The old decor for the new. The same goes for wanting more exercise in your life [...]

1 10, 2018

Market Update: Should We Fear October?

2018-10-01T12:24:23+00:00By |Categories: Economy, Market Update|

Daily Insights LPL Market Signals Podcast. Listen to the latest Market Signals podcast, in which Chief Investment Strategist John Lynch and Senior Market Strategist Ryan Detrick discuss the potential effects of midterm elections, recent rate hikes, and other events on investors and the economy. Market Signals by LPL Financial is now available on iTunes, Google Play and [...]

1 10, 2018

Stretch IRA Rules and “See-Through” Trusts – What You Need to Know

2018-10-05T14:00:42+00:00By |Categories: Advanced Planning, Estate Planning, Nathan Krampe, Probability of Success, Wealth Enhancement|

Trusts can be a beneficiary for your IRA, but you will want to be familiar with the requirements for trust a to be a qualified “see-through” trust. Meeting these requirements is the only way the valuable “stretch” advantage can be used by trust beneficiaries. The stretch is the ability of the named beneficiary to [...]

24 09, 2018

Are Changes Coming to The IRA Rules?

2018-09-24T12:30:03+00:00By |Categories: Advanced Planning, Nathan Krampe, Retirement Coaching|

While Republican efforts to unleash a second round of tax reform are likely to hit Democratic resistance and are not widely seen as likely to succeed this year, proposed legislation focusing on retirement plans may have some bipartisan support and a decent shot at becoming law. The “Family Savings Act of 2018” (H.R. 6757) includes [...]

24 09, 2018

It’s not if – it’s what

2018-09-24T11:51:01+00:00By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit’s Director of Operations/Retirement Coach: It’s not if I’m going to exercise today, it’s what am I going to do for exercise today. Have fun! Vary it up. Look at your day or the next few days and see when you are free to exercise. Need to get up [...]

24 09, 2018

Market Update: Dow’s Fresh Highs

2018-09-24T11:53:18+00:00By |Categories: Economy, Market Update|

Daily Insights LPL Market Signals Podcast. In case you missed last week’s podcast, listen to Chief Investment Strategist John Lynch and Senior Market Strategist Ryan Detrick reflect on their memories of the financial crisis, and discuss the changes in today’s market landscape 10 years later. Please join our discussion on social via #LPLMarketSignals. China cancels trade talks. Last week’s [...]

17 09, 2018

Smart Mouth

2018-09-24T11:47:57+00:00By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: Did you know your mouth is the window to your health? Having a smart mouth isn’t about being a smart aleck, it’s about: Taking care of our dental health Brush and floss – remove plaque to keep out of your bloodstream This is the [...]

17 09, 2018

Market Update: Green Week

2018-09-17T11:33:24+00:00By |Categories: Market Update|

Daily Insights New LPL Market Signals Podcast. In case you missed it, listen to Senior Market Strategist Ryan Detrick and Equity Strategist & Portfolio Manager Jeffrey Buchbinder talk about pullbacks in emerging markets, the manufacturing sector’s continued strength, and other factors affecting the current economic cycle. Please join our discussion on social via #LPLMarketSignals. Publication delay for weekly [...]

17 09, 2018

A Common Sense Guide To Heart Health

2018-09-17T11:10:49+00:00By |Categories: Nathan Krampe, Probability of Success|

https://www.youtube.com/watch?v=BMyjp52PKe4&width=250&height=141&cc_load_policy=1 A Common Sense Guide To Heart Health It’s been said that a man with health has a thousand dreams, while a man with no health has but one. Don’t you owe it to yourself, your family, your career and your community to have not only a thousand dreams, but also the energy and [...]

10 09, 2018

The Certainty of the Uncertainty

2018-09-10T15:02:05+00:00By |Categories: Advanced Planning, Market Update, Nathan Krampe, Probability of Success, Wealth Enhancement|

Managing life circumstances effectively with your money. "When your advisor reinforces the importance of rational decision-making, you are often better positioned for managing life circumstances effectively. Instead of chasing returns, you will be prepared for what we call the 'certainty of uncertainty.’” https://www.youtube.com/watch?v=nEnb2HnIZ88

10 09, 2018

Market Update: U.S.-China trade spat escalates further

2018-09-10T12:09:20+00:00By |Categories: Market Update|

Daily Insights New LPL Market Signals Podcast. On our latest podcast, due out this afternoon, listen to Senior Market Strategist Ryan Detrick and Equity Strategist & Portfolio Manager Jeffrey Buchbinder discuss the S&P 500 Index’sfive-month win streak, recent economic reports, and emerging markets’ currency jitters. Please join our discussion on social via #LPLMarketSignals. Taking a breather. The S&P 500 declined [...]

10 09, 2018

Why Is The Coaching Process Important To Pre-retirees?

2018-09-10T12:04:02+00:00By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: Most people spend more time planning a two-week vacation than a 30+ year retirement. When I coach clients, it’s not about the money.  When they come into our office contemplating retirement, the first question they typically ask is, “Do I have enough money to [...]

10 09, 2018

Minnetronix to launch own device

2018-09-10T11:51:24+00:00By |Categories: MedTech|

Top Takeaways: Minnetronix, a medical device engineering and contract manufacturing company in St. Paul, is in the process of launching its first proprietary medical device. The product will be known as Neurapheresis Therapy, which is intended to help patients who've had a subarachnoid hemorrhagic stroke (a type of stroke caused by a burst aneurysm). There [...]

5 09, 2018

Market Update: Rand Drops To Record Low

2018-09-05T12:28:51+00:00By |Categories: Market Update|

Daily Insights Rand drops to record low. South Africa’s currency (the rand) weakened to a record low vs. the U.S. dollar after data released September 4 showed its economy fell into a recession last quarter. South Africa’s economic woes and the rand’s historic slide renewed fears of global contagion from emerging markets’ currency turmoil this year. [...]

5 09, 2018

Wouldn’t You Want Your Financial Advisor To Know?

2018-09-05T12:39:15+00:00By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: When I work with people on obtaining their hearts’ desires, we identify what they want in life and create the next steps to reach those desires. When planning for your future, are you thinking of how you can pay for your children’s schooling? Do [...]

4 09, 2018

The Return of School – College Planning

2018-09-05T12:31:08+00:00By |Categories: Advanced Planning, Nathan Krampe, Probability of Success|

Every year after Labor Day, we're reminded of the new school year.  This year is no different.  Planning for school is essential, especially when it comes to your finances.  Here are general rules surrounding the most popular plan, the 529 College Savings plan. Your "need-to-know" corner: When assessing plans, chose on that is rated well [...]

27 08, 2018

Market Update: Finally

2018-08-27T12:41:14+00:00By |Categories: Market Update|

Daily Insights Outstanding earnings season by many measures.Second quarter numbers were strong even without the boost from the new tax law, while guidance was generally positive despite tariffs and trade policy uncertainty. With just 15 index constituents left to report, S&P 500 Index earnings rose 25% year over year, nearly matching the 26% growth rate from the [...]

27 08, 2018

Only at the state fair: “It tastes too healthy”

2018-08-27T12:39:11+00:00By |Categories: Retirement Coaching|

From the desk of Lori Aufderhar, Summit's Director of Operations/Retirement Coach: We attended the Great Minnesota Get Together, the Minnesota State Fair. As we arrived and got off the bus, we were handed a handful of breakfast bar samples. Waiting in line to get into the fair, several people began munching on the breakfast bars. [...]

27 08, 2018

Managing Your Income Gap (What You’ve Saved and What You’ll Need)

2018-08-27T08:58:45+00:00By |Categories: Advanced Planning, Nathan Krampe, Probability of Success, Wealth Enhancement|

No matter how far away you are from retirement, it’s a good idea to take the time to add up what your retirement income might look like when that day arrives. Then you can accurately determine your needs. https://www.youtube.com/watch?v=nHei61BoeKw Written by Tom Hurley in the Financial Freedom Studio.