Goodman Financial Insights

When it comes to the quality of the rest of your life and your legacy, back-of-the-napkin math is not good enough. The decisions you make now, can have lasting, long-term impacts, and we want to ensure that you are equipped to make informed decisions along the way. While each of us has a unique vision […]

By: Chelsea A. Benoit, CFP® Associate Advisor  One can think of creating an investment plan as finding the best way to assemble the pieces of a financial puzzle. After deciding on the goal(s) of your investment plan, determining the appropriate level of risk to assume to accomplish these goals is essential. This question requires considering […]

We all know the economic devastation wrought by COVID-19 last year. According to the U.S. Bureau of Economic Analysis, GDP fell by 3.5% in 2020. As seen in the chart to the right, GDP fell by an over 30% annualized rate in Q2 last year, only to sharply recover with a similar rate of growth […]

Saving for retirement is essential to financial freedom. Understanding your options sets you up to make educated decisions you can be confident in. That’s why we’re taking the time to help you unpack Individual Retirement Accounts. Traditional IRA Traditional IRAs are considered tax-deferred earnings. This means that taxes on the account are due at withdrawal […]

Retirement savings can feel overwhelming. While it is important to do your research on which account types work best for you, we have gathered some quick, universal tips on savings for retirement. Start today While paying down debt is important, do not wait to be debt free to start. The sooner you start, the quicker […]

Student loans, a mortgage, car payments. We expect to see debt in our lifetime. However, debt should be temporary, not a lifelong payment. Making these adjustments can help set you on the right track to becoming debt-free. Create a budget It can be difficult to think about paying off loans if you have not yet […]