Saving for Life’s Experiences

While some advisors focus only on saving for “retirement”, we believe there are a lot of life experiences that need planning attention along the way. It is important to listen carefully to our clients and learn the specific goals which are priorities for them.  For some individuals it is planning for extended breaks from employment to fulfill goals for bucket-list experiences; or it might be returning to school full-time for an MBA; and for others it might mean stepping away from corporate life to open their own business. Regardless of your goals, you need an advisor who listens well to the things which are most important to you and helps you plan so you can achieve them. Goal planning involves not just accumulating the savings to pay for it, but also considering all the interrelated aspects of embarking on that goal. This may include maintaining health insurance during lapses in employment, ensuring coverage for international adventures, or making sure that appropriate legal filings and compliance are in place before launching a business. Regardless of the goal, it is critical that Read on! →

A Hidden Gem in the Asheville Mountains

Many have had the pleasure of visiting Asheville and the surrounding area.  You may have visited during fall foliage season or in the spring when Biltmore’s gardens were in full bloom.  However, there is a lesser known event which occurs in the Asheville area twice a year and may be perfect to explore as you contemplate an important time of your life, retirement.   The concept of lifelong learning is not a new one.  Many take advantage of learning opportunities throughout their lives, completing degree programs at all ages.  However, the Osher Lifelong Learning Institute (OLLI) located in the mountains of Asheville, takes that learning to new heights.  The topography of this small corner of the UNC Asheville campus helps and the offerings at the institute offer an amazing variety to please every sense.  One of their most unique offerings is a weekend adventure called, Paths to Creative Retirement.   The Institute hosts a 2 ½ day workshop focused on the many facets of retirement.  While your Financial Advisor typically helps you plan for the financial aspects of retirement, this workshop Read on! →

National Healthcare Decisions Day

We all know the significance of April 15th each year, but do you know why April 16th is also important for you and your family?  April 16th is National Healthcare Decisions Day.  The goal of this “National” day is to inspire, educate and empower the public about the importance of advance care planning.  Advance care planning involves taking the time to carefully consider and document your preferences around end-of life care.  It also includes the act of legally designating and empowering an agent to make healthcare decisions on your behalf if you were to become unable to do so for yourself. Although these can be uncomfortable topics to consider, approaching these conversations proactively will allow you to stay in better control of the future, whether you are able to personally voice your preferences, or are reliant on someone else.  The primary benefits of advance care planning include; Careful consideration of your wants and desires at end-of-life Documentation of those desires, including life-sustaining measures to be avoided or applied Requests for specific comfort measures , surroundings or companions as death approaches Read on! →

Retiring Soon? Here are the 5 things you should do first

A recent article on Grandparents.com entitled “Retiring Soon?  Here are the 5 things you should do first” was written by Kristen Sturt and featured advice by Cheryl Sherrard.  Cheryl’s advice included the following; Start tracking your new daily expenses Now that you’re not working, your daily expenditures will change, possibly drastically. “I tell new retirees that it can take a year or two to adjust to retirement and really know what you will spend on average,” says Cheryl Sherrard of Clearview Wealth Management in Charlotte, NC, “and you need to know what your retirement income can support, even in bad market years.” Fill your calendar with meaningful activities Why did you retire? Now is the time to discover the real reason. “Find your passion,” urges Sherrard. “I’ve seen too many individuals retire ‘from’ something and not ‘to’ something. While it takes everyone time to get used to retirement, you have to find a reason to get up in the morning, whether it is volunteering, gardening, finding a part-time gig, etc.” Making concrete plans. “Many are surprised that their goal of Read on! →

Just Dating? 3 Money Topics to Discuss before you get Serious!

Cheryl Sherrard, CFP was quoted recently in a Learnvest article by Meghan Rabbitt, entitled, “Just Dating?  3 Money Topics to Discuss before you get Serious”. Dating discussion #1 included talking about your family money histories. For instance, if he grew up with no money, he may have an inordinate fear of never having enough. On the flip side, if his parents always forked over cash, he may have never learned to delay gratification, says Cheryl Sherrard, a Certified Financial Planner™ (CFP®) and director of financial planning for Clearview Wealth Management in Charlotte, N.C. Knowing what shaped his views can help you compare his experiences to your own and see where your differences may lie. “I think people tend to assume that everyone else will deal with money the same way they do, and don’t think about the fact that money—or the lack thereof—can carry huge emotional ties as well,” Sherrard says. Dating discussion #2 focused on your Debt Situation. Debt can be a squirm-inducing, four-letter word in the realm of dating. But it ranks high on the list of important Read on! →