Your Life Your Wealth

June 5, 2020

Disagreements involving financial issues are a problem for many couples. Even in normal times, these issues are difficult to resolve. Today with layoffs, pay cuts, and general financial uncertainty finding common ground and an agreeable way to handle personal finances has become more challenging. Joining me to discuss the skills for achieving real financial teamwork that can lead to better joint decisions about your money is Megan McCoy, Ph.D., professor of Financial Therapy at Kansas State University. We focus on the importance of understanding the benefits of a holistic approach to finances and ways you can reach financial harmony.

May 29, 2020

The COVID-19 pandemic has had numerous effects on all of us and has been a catalyst for change in many areas. One significant impact is in the rapidly changing world of technology. It’s changed where and how we work, how our children learn, how we shop and spend, how we make financial transactions, and even how we consume medical services. CFN’s John Walker talks with computing technology professional Jason Perlow to discuss several recent advancements and what impact the accelerated rate of technological change has had on our lives.

May 22, 2020

With the federal government pumping trillions of dollars of stimulus into our system to keep the economy moving, will we inevitably enter an inflationary period following this self-imposed economic shutdown? Over the past few weeks, I’ve heard from many of you with questions about inflation. Joining me is Brad Long, a member of our investment team at DiMeo Schneider & Associates to discuss the prospects for inflation, and how to better position your investments going forward. We also discuss ways to strike the right balance between short term economic concerns and long term expectations for the economy.

May 15, 2020

The COVID-19 health crisis, as well as our current low interest rate environment, has triggered changes in the availability and cost of life insurance. Some changes on the near-term horizon may make it even more difficult for you to find an affordable insurance solution for the coverage you need. Now may be the best time to look at your coverage and make sure you and your family are sufficiently protected. CFN’s John Walker talks with Mike Sapyta, Vice President, Advanced Planning at Highland Capital Brokerage. Mike is an expert in the life insurance field that we at CFN often turn to for additional guidance.

May 8, 2020

Many businesses are still closed, the nation’s jobless numbers continue to grow, and the equity markets remain volatile. There are still many unknowns about the future of our economy. CFN’s John Walker discusses several creative financial planning ideas for you to consider that may put additional dollars in your wallet and help you better position yourself for when more favorable economic conditions return. John also shares recent comments on the economy made by legendary investor Warren Buffet.

May 1, 2020

The COVID-19 pandemic and the resulting economic crisis have forced us to seriously consider our own mortality and recognize the many considerations our families will face when we die. For many of us, we want a say in how those important decisions are made including: health care directives, powers of attorney, wills, trusts, and more. I’m joined by Kathleen Bilderback, Estate Planning Attorney with the Affinity Law Group and board member at the Society of Financial Service Professionals.

April 24, 2020

Bob Simpson, CPA and partner, and Kristen McCabe, CPA manager, from the accounting firm of Brinker Simpson, return to discuss the latest information on the federal government’s financial relief options made available to business owners and employees. We provide clarity on the available programs and help you better understand the recent changes. CFN Financial Planner Dennis Jablonoski also joins us to share several specific questions we’ve received from business owners we help.

April 17, 2020

It’s difficult not to think about the possibility that family members you provide for may need financial protection should you die during this or any health crisis. If you were gone, how would your spouse pay the mortgage? How would your children’s education be funded? John Walker is joined by fellow CFN team members Desiree Reil and Ryan Flurer to discuss life insurance and other guaranteed benefit investment options that should be considered, especially during the COVID-19 outbreak.

April 12, 2020

Operation Varsity Blues is back in the news this week. Several high-profile wealthy parents pleaded guilty to tax evasion charges for trying to bribe their children's way into college. Those who didn’t plead guilty saw their charges increased from mail fraud to the more serious charges of money laundering and conspiracy to commit fraud. Philadelphia Attorney Ian Comisky, Partner with the firm Fox Rothschild, joins me to discuss the scandal along with other legal issues in the news this week.

April 10, 2020

Today, a look under the hood at what Team Cordasco is doing day-to-day during the current economic crisis. I detail several of the timely investment strategies we’re currently executing including tax loss harvesting, portfolio rebalancing, managing the temporary suspension of required minimum distributions, IRA conversions, advanced estate planning and more.