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Scott’s Three Rules for Financial Success

By Scott Ford, CEO of GAAM Wealth Advisors

We live in an age of information overwhelm. If we have a question, countless answers are at our fingertips. And while many of the answers and advice out there can change our lives for the better, sometimes we just don’t know where to start. This is especially true when it comes to finances. Read more

True Wealth

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Do You Have True Wealth?

By Scott Ford, CEO of GAAM Wealth Advisors

Have you ever considered what it means to have true wealth? Most people think of it in terms of finances, from how much they have in their bank account to the restaurants they can afford for a nice dinner out. However, that’s just wealth. True wealth is much more than money. Read more

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When Can You Retire?

Not surprisingly, one of the most common goals financial planners help their clients with is analyzing cash flow in retirement so they can live their lives comfortably without worrying about outliving their money. Cash inflow in retirement can come from many sources (Social Security, retirement plans, savings, annuities, pensions) so it’s important to consider how much and when to expect cash inflows. Read more

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Why Diversified Investments Are Crucial

Published by Tyler Schlumpf

There are two main types of risk involved in investing: systematic and unsystematic risk. The first, systematic risk, is the general market risk all investors take when they buy stocks and bonds. Unsystematic risk, however, comes in many different forms. Specific company, credit and liquidity risks are just a few. While systematic risk cannot be diversified away, unsystematic risk can through diversified investments. Read more

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Financial Literacy Month and the Society For Financial Awareness

By Scott Ford, CEO & Wealth Advisor of GAAM Wealth Advisors

Financial Literacy Month and the deadline to pay your taxes occupy the same place on the calendar. This irony begs the question: if you are receiving a tax refund, how will you spend it? Are you going to put it into a retirement account, save for your child’s education, or spend it on some new toys? Oftentimes, our decisions are influenced by our level of financial literacy. The more we understand foundational financial principles, the more our perspective and choices change. This is why it is essential to take the steps to become financially literate.

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The Widow’s Financial Planning Guide

By Scott Ford, CEO & Wealth Advisor of GAAM Wealth Advisors

Did you know that widows are one of the fastest growing demographics in the United States, with over 11 million and growing?[1] Losing a spouse is one of the hardest things to walk through. On top of all of the emotional burdens that a death can bring, it can also mean major financial changes as well. Widows have unique financial considerations that often get lost in the grief and adjustment to a new way of life. If you are a widow and don’t know where to start when it comes to planning for your financial future, here are some principles that will guide you on your journey.

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How Much Do I Need to Retire?

Most people plan to leave the workforce at some point in their life.  While some have a desire to maintain a sense of purpose by working well into their seventies, we more often find ourselves helping people plan for an earlier departure. Achieving financial freedom, or the ability to work because one wants to and not because one needs to, takes time and thoughtful retirement planning.  Read more

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Best Investments

Published by Keith Corrigan, VP Business Development

As a financial advisory firm, we are often asked, “What is the best investment I can make?” The question seems simple, yet the answer varies for different professionals. A stock broker might have a few stock picks for you, in which he could earn a commission. He would be required for those recommendations to be suitable for you in this transaction, but is not beholden to the fiduciary standard.

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A Weekend at the Ball Field

Published by Christopher Abla APMA®, AWMA®, AAMS®, CRPC®

Private Wealth Advisor – GAAM Wealth Advisors

You know spring is upon us when you hear the booming voice of the umpire “Play Ball!”  Baseball has always been my favorite sport both as a player and now as a fan.  As a father of 8th grade twin girls, the game has shifted toward fast pitch softball – and I love it!  The crack of the bat, cheering fans and the seemingly never-ending songs emanating from the dug-out allow me to relax and enjoy life’s simple pleasures – a ballgame in the sun.

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What Does Your Retirement Look Like?

Published by Jake Bleicher

When I think of retirement, I think of spending a month traveling throughout Asia tasting exotic cuisines. I want to go fishing in Alaska with my buddies and send my grandchildren to college. I want to surprise underprivileged children with presents on Christmas, donate to cancer research and leave an inheritance to my children. More than anything, I want the freedom to do what I want to do. I want to enjoy retirement. It is a goal I am working diligently towards. Read more