Beneficiary designations are one of the most overlooked parts of a financial plan; it’s a small section of an IRA application, 401(k) enrollment, or life insurance policy, but it is extremely powerful and important. Watch the video below to learn more about beneficiary designations, when you remember to update them, and how beneficiary designations are often forgotten about. Enjoy Leo’s…
“The art of living is more like wrestling than dancing, because an artful life requires being prepared to meet and withstand sudden and unexpected attacks.” -Marcus Aurelius, Meditations, 7.61 as found in The Daily Stoic September 20th reading. I used to work for an advisor whose favorite line was, “financial planning is an art, not a science”; I’ve always liked that quote,…
I’m an avid listener of podcasts, so when I was asked to join Alan Moore (@R_Alan_Moore) on the XY Planning Network Podcast, I didn’t have to think twice. I had a lot of fun, and Alan is one hell of a hype man—thanks for the awesome intro, Alan! I’m really excited about the direction RL Wealth Management is heading, and…
Every Friday I’ll be releasing my own compilation, a mixtape if you will, of blog posts from the week I think are worth your time. This week’s post is coming to you a day late because I was busy celebrating my 11th wedding anniversary yesterday. While every anniversary is special, I’ll never forget our 2nd, September 15th, 2008–the day Lehman…
This morning I read an article about how Millennials have a harder time saving than their parents, and I wanted to talk about it. Side note: The Millennials I work with have no problem saving, so I know it is possible! CNN Money: It’s Not Avocado Toast: It’s Actually Harder For Millennials to Save Money Time: New College Grads Could…
Maybe he’s long ETH? https://t.co/XYKsLGZd3q — Justin Castelli (@jus10castelli) September 12, 2017 Whether you are a believer in Bitcoin or not, you have to admit that it (and the other cryptocurrencies) has the attention of the people with controlling interests in the current financial system. Within a week we’ve seen China crackdown on cryptocurrencies by reportedly banning cryptocurrency exchanges and…
Yesterday my wife and I were discussing an unfortunate situation where the death of the main income provider left a family struggling financially. I explained how it made me sick to think about a family not only having to grieve the loss of a loved one, but also having the stress of figuring out how to move forward without the…
Put a top in the cryptocurrency market; just bought $250 worth of ETH. View it as cost of education to learn more about actually owning it. — Justin Castelli (@jus10castelli) June 19, 2017 Updated on December 9th, 2017–new additions represented by *. I remember first hearing about Bitcoin a few years ago–it was the infamous days of people beginning to…
Every Friday I’ll be releasing my own compilation, a mixtape if you will, of blog posts from the week I think are worth your time. It never fails short work weeks always seem to be the busiest. But I’m not complaining–it was full of client meetings, meeting new prospective clients, my first webinar, and my first guest appearance on a…
There’s been plenty of conversation about a stock market correction in the financial media as of late, and rightfully so–it’s been awhile since we’ve had a correction, North Korea’s shenanigans, hurricanes, wild fires and D.C. are all good reasons for a market correction. In today’s episode, Leo and I talk about what a market correction is, how often they occur,…