Financial Insights For Retirement |Golden, CO.

The positive “bull” market moved into never before seen territory in the third quarter, reaching its longest duration and one of its strongest up-cycle performances on record. Investors continue to believe this is good news. The U.S. economy is booming and Wall Street is reporting increased earnings and rising stock prices. While completely ignoring danger signs such as high stock prices, rising interest rates, inflation, crazy amounts of debt and trade wars. Right now, there appears to be little regard for safety and downside protection.

I remember clients asking me, "When do you think this is going to stop?" Unfortunately, I did not have an answer. What I realized during these hard conversations was that many of these families had not done any type of financial planning to prepare for a situation like this. The lack of planning had them feeling scared and stressed out about their family's financial well-being. I want to make sure you do not become one of these families in the future. In this article, I will share the top three mistakes oil and gas professionals make and how to avoid them.

In this blog, I will share three books that will help you become efficient with your time, renew your energy levels and help with your finances (for those of you not ready to work with a financial planner).

You can either think about spending money as a financially irresponsible action or as a way to accomplish your financial goals. At Green Mountain Planning, a budget is not a savings plan but rather a spending plan. Saving money does not have to mean you quit spending altogether, it just means you have to define what your top priorities are.

The most important step you can take to find Financial Satisfaction is to be aware of how you feel about your financial life. Having worked as a financial planner for a decade, I believe that when people take a compassionate but honest look at their financial health, they open the door to concede that they might not be as comfortable as they want with their financial life and need help.

Unlike other advisors who work with everyone, I only work with families in the oil and gas industry. This specialization allows me to spend additional time getting to know your company benefits so that you can maximize your 401(k) matching, health savings accounts, estate planning assistance, etc.