The Soundmark Touch

“It’s not about us.”

We focus on listening to clients, creating long-term financial plans, and helping execute those plans to reach our clients’ goals. Hear more from Soundmark Principal Todd Flynn on how we implement financial plans and simplify our client’s lives in the most efficient manner.

Magic Investing Tools

In Soundmark Principal Bill Schultheis’ latest column, he discusses the popularity of index funds and the advantages these funds can bring to a portfolio. He reminds investors that relying just on index funds does not lead to successful financial planning, “…index funds are not some magical investing tool that will make your life any easier … Continued

It’s Time to Pay Yourself a Salary in Your Golden Years

            KEY TAKEAWAYS Many successful people entering their golden years have multiple retirement accounts with different tax statuses (IRAs, 401(k)s, Roth IRAs and more). While it’s nice to have multiple retirement accounts to draw from, the order of withdrawals can be perplexing. Managing the tax implications of withdrawals plays a … Continued

The Interest Rate Hike Effect

The second quarter report is posted and overall, the market continues positive gains. With the recent interest rate hike, investors are left wondering what will happen with stocks. The market report discusses the relationship of rates with stock performance. Unfortunately, the data does not give us a clear picture of the outcome ahead. Nevertheless, the numbers … Continued

Maximize Your Savings Dollar

Key Takeaways Always keep three to six months of emergency cash on hand, pay debts and credit cards in full each month and contribute as much as you can to your company’s retirement plan to optimize the employer match. The order of savings is unique for each person’s situation. That’s why you need a comprehensive … Continued

Now That It’s Finally Time to Use Your 529 Plan

KEY TAKEAWAYS: Distributions from a 529 plan are tax-free as long as they are used for qualified college expenses such as tuition, room and board, books and computers. Distributions from your 529 plan must be made in the same year as your qualified expenses are incurred in order for your distribution to be considered tax-free. … Continued

Planning From the Beginning

We build financial plans that are based on long-term goals that are evaluated and adjusted on a regular basis. Our plans don’t include Monte Carlos or standard deviations, but rather encompass low-cost, tax efficient and diversified portfolios with a road map to retirement and beyond. Helping clients clarify their goals, reach milestones, and build lasting legacies are … Continued

Creating a Plan in Your 40s and 50s

KEY TAKEAWAYS: Saving for your long-term retirement and financial goals can seem overwhelming. Break down your goals into smaller, more manageable steps. Creating a true financial plan will provide you with much needed clarity (and relief) about what it takes to accomplish your goals. Constantly monitor and adjust your financial plan with your advisor. The … Continued

The Hurdles of Retirement Spending

We spend our entire careers saving, building nest eggs, and planning for retirement dates. However when the work stops, it can become difficult to flip the switch and withdraw funds from retirement accounts. The Wall Street Journal discusses the challenges of spending during retirement and how to avoid the mental hurdles that accompany the delicate … Continued

Untangling the Senior Housing Maze

 Guest Writer: Alice Kalso  Silver Age Housing & Care Referrals     Look in a directory of senior housing and care options, and you may get lost in the words. There are so many options, it’s a little like a toddler in a 31-flavor ice cream store. The good news is that there’s an abundance … Continued