Entrust Blog

Most of us want to retire—someday. And we aim for our investments to appreciate so that we can distribute income from them throughout our retirement years, without running low on money and equally importantly, without diminishing our style of living. As the capital markets gradually appreciated during 2017, our goals for making work optional—retirement—felt good indeed. Now that volatility has returned with a vengeance, it can take a dose of faith to stay invested. However, there are three things we ...

While we have not engaged in statistical research to prove the following, it is our experience that when Entrust Financial advisors provide Financial Planning and Wealth Management workshops—such as our most recent presentation for “Women in Nuclear” at Exelon—just as many questions are posed about selecting a financial professional as are asked about the primary building blocks of a sound investment plan. We all want to select the right advisor for us and today’s blog may help: Does Your Financial ...

Achieving “millionaire status” is the financial aspiration of many. However, when we do the math in 2018, we realize that for most of us accumulating a million dollars for the future is just step one. With the disappearance of pensions and escalating costs for health care as we age, we need to have multi-millions set aside for our retirement. After all, we do not want our style of living to diminish down the road; if anything, we want it to ...

You may be familiar with the idiom, ”A little knowledge is a dangerous thing.” When it comes to your money, not only can it be dangerous—it can be downright expensive. For example, one often reads that titling one’s assets as “joint” avoids probate following a death; doing so is touted as smart because it saves legal fees and keeps family business private. Readers might assume, too, that joint account registrations help avoid income or inheritance taxes. Actually, depending on ...

Micro-managing every little detail as you prepare for your income-tax filing may not be your idea of a good time. In fact, just thinking about filing taxes is enough to cause stress to many of us. But if you honor the three tips to help reduce your taxes that we introduced to our clients, Christel and Tony, we believe you may experience the desired result of keeping more money in your pocket; and, there is a good chance that your ...

This is the time of year when we wish that every financial document we have was expertly filed in just the right place, so that heading off to our accountant to take care of our income tax-filing could be seamless and stress-free. However, many of us procrastinate the task of organizing our financial documents. If you tend to put off this seemingly daunting and just plain uninteresting responsibility, we encourage you to follow these three easy steps: Gather your financial ...

Bringing cheer to all we meet during the holidays is a fantastic expression of the love we feel–for our families, friends, colleagues, and our community. It is a spontaneous affirmation of the interdependence of the lives we enjoy. In light of this sentiment, we invite you to join us in the following endeavor honoring an incredibly courageous girl, Alaina, who has been battling Ewing Sarcoma since she was eight years old. Time is of the essence. If you would like ...

We received a call from Marvin, who finally decided he felt uncomfortable having $2 million in just a single stock. Yes, he loves the stock and is loyal to the company; he first acquired the stock because he worked for the company years ago at the beginning of his career. But so much money in just one equity? What if the company goes through a bad patch and he loses half the value? Marvin reported to us that his risk ...

Jeremy has been an entrepreneur since high school. His pride and joy is the restaurant he opened upon graduating and has built into a successful enterprise over the past two decades. When we met, he reported that he promised himself for the last five years that early retirement was just around the corner. He wants more time to spend with his beautiful family. Jeremy’s aspiration, what we at Entrust call making work optional, is lofty. It requires a finely-tuned financial ...

Rachel would tell you she likes to make money, not count it. However, what stands out when you meet her are her phenomenal entrepreneurial skills. In fact, Rachel’s relentless effort in her business endeavors, coupled with a superb instinct for calculated risk-taking, led to the accumulation of a nest egg of over $6 million saved (in cash). She accomplished this while living a lavish lifestyle including owning a home on each coast. Finally, at age 53, Rachel scheduled a meeting ...