THINKING ABOUT EARLY RETIREMENT? Retiring early means fewer earning years and less accumulated savings. Also, the earlier you retire, the more years you’ll need your retirement savings to produce income, and your retirement could last quite a while. According to a… Read More
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The Joys and Financial Challenges of Parenthood
Parenthood can be both wonderfully rewarding and frighteningly challenging. Children give gifts only a parent can understand — from sticky-finger hugs to heartfelt pleas to tag along on Saturday morning errands. You raise them with a clear goal that you… Read More
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Health Insurance in Retirement
At any age, health care is a priority. When you retire, however, you will probably focus more on health care than ever before. Staying healthy is your goal, and this can mean more visits to the doctor for preventive tests… Read More
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What To Do In 2020?
In a phrase, keep investing in stocks. At the risk of appearing blindly bullish, this eternal optimist will attempt to provide some context for BWFA’s thinking going forward into 2020 and our overall approach to investing for our clients. As… Read More
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Personal Deduction Planning
Taxes, like death, are inevitable. But why pay more than you have to? The trick to minimizing your federal income tax liability is to understand the rules and make the most of your tax planning opportunities. Personal deduction planning is one… Read More
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Ownership Has Its Privileges
Walk down Nashville’s Lower Broadway any night of the week, and you can hear aspiring artists belting out cover tunes from Elton John to Garth Brooks. In many cases, these musicians come to Nashville to be discovered but pay their rent… Read More
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Our Summer Interns
This summer we had a team of five interns who helped us work on a variety of different projects supporting the financial planning, investment management, and tax teams. In addition, they assisted us plan for a few Client Appreciation Events,… Read More
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Record Keeping for Your Own Business
Keeping good business records will not only help you stay in business but may also help you increase profits. Your business records let you analyze where your business is and where it’s going. They point out potential trouble spots and… Read More
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Converting Investment Assets to Retirement Income
During your working years, you’ve probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income… Read More
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Financial Basics for Millennials
With age comes responsibility, so if you’re a young adult in your 20s or 30s, chances are you’ve been introduced to the realities of adulthood. While you’re excited by all the opportunities life has to offer, you’re also aware of… Read More