Summit Sounds Off

Seeking Sun or Savings? Explore a Retirement Move

October 28, 2020 | Category: Summit Sounds Off

Many people intend to retire in the place they call home, where they have established families and friendships. But for others, the end of a career brings the freedom... Read More

Incapacity and Advance Medical Directives

September 23, 2020 | Category: Summit Sounds Off

At some point in your life, you may lose the ability to make or communicate responsible health-care decisions for yourself. Without directions to the contrary, medical professionals are generally... Read More

Four Things to Consider Before Refinancing Your Home

August 5, 2020 | Category: Summit Sounds Off

Mortgage refinancing applications surged in the second week of March 2020, jumping by 79% — the largest weekly increase since November 2008. As a result, the Mortgage Bankers Association... Read More

Could You Be Responsible for Your Parents’ Nursing Home Bills?

July 20, 2020 | Category: Summit Sounds Off

In 26 states (and Puerto Rico), laws generally hold children financially responsible for certain debts of their parents. These laws are referred to as filial responsibility laws (or filial... Read More

2020 So Far … “Unbelievable”

July 7, 2020 | Category: Summit Sounds Off

By Nathan Bennett CFP®, CBEC®, ChFC®, CLU®, Summit Co-Founder All one can say about 2020 so far is, “Unbelievable!” (Actually, I could use some more descriptive words, but they... Read More

529 College Savings Plans 101

May 28, 2020 | Category: Summit Sounds Off

529 savings plans are tax-advantaged education savings vehicles and one of the most popular ways to save for college today. They can also be used to save for K-12... Read More

Business Travel After COVID-19

Man waiting in airport
May 19, 2020 | Category: Summit Sounds Off
Man waiting in airport

Travel—for both business and leisure—worldwide has virtually come to a standstill during the coronavirus pandemic. At this point, nobody knows when it will come back. Whenever that time comes... Read More

The Stockdale Paradox and COVID-19: The Difference Between Faith and Optimism

Stockdale Paradox
April 22, 2020 | Category: Summit Sounds Off
Stockdale Paradox

The Stockdale Paradox is a concept popularized by author Jim Collins in his bestselling book “Good to Great.” Collins was referencing the incredible story of Admiral James Stockdale, whose... Read More

Strategic Planning Amid Economic Uncertainty

April 17, 2020 | Category: Summit Sounds Off

The Coronavirus has dealt the US Economy an unexpected blow, and business owners are faced with the challenging task of managing expenses and cash flow while being strategic for... Read More

Gift Card 101: Make the Most Out of this Popular Present

January 3, 2020 | Category: Summit Sounds Off

Do gift cards expire? Gift cards are popular and convenient gifts (to give and receive) for many occasions. But is it possible for gift cards to expire before they’re... Read More

Life Insurance at Various Life Stages

September 9, 2019 | Category: Summit Sounds Off

Your need for life insurance changes as your life changes. When you’re young, you typically have less need for life insurance, but that changes as you take on more... Read More

Data Breaches: Protecting Your Identity and Your Money

August 21, 2019 | Category: Summit Sounds Off

Large-scale data breaches are in the news again, but that’s hardly surprising. Breaches have become more frequent — a byproduct of living in an increasingly digital world. During the... Read More

10 Money-Saving Travel Tips

June 10, 2019 | Category: Summit Sounds Off

Exploring the world sounds fun and exciting, but it can be expensive to travel. However, there are ways to experience the trip of your dreams on a budget. Follow... Read More

How Much Money Should a Family Borrow for College?

May 1, 2019 | Category: Summit Sounds Off

There is no magic formula to determine how much you or your child should borrow for college. But there is such a thing as borrowing too much. How much... Read More

Test Your Knowledge of Financial Basics

March 29, 2019 | Category: Summit Sounds Off

How well do you understand personal finance? The following brief quiz can help you gauge your knowledge of a few basics. In the answer section, you’ll find details to... Read More

The Transformative Rise of Women in the Workforce — and the Remaining Gaps

March 8, 2019 | Category: Summit Sounds Off

By Dr. Jeff Rosensweig In his 2018 State of the Union (SOTU) address, President Donald Trump noted many jobs were created for women during his first two years as president. He... Read More

What Happened to Your Money?

December 13, 2018 | Category: Summit Sounds Off

If you don’t know what happened to your money during the past year, it’s time to find out. December and January are the perfect months to look back at... Read More

Talking to Your Teen About Money

November 30, 2018 | Category: Summit Sounds Off

You probably feel comfortable talking to your teen about things like school, sports, and clothing. But how do you feel about talking about money? While it may be a... Read More

College Prep 101: The Importance of Adding a Durable Power of Attorney and a Health Care Directive to Your To-do List

September 4, 2018 | Category: Summit Sounds Off

The “to-do” list for sending a child off to college might seem virtually endless—registration, shopping, dorm decorating, goodbyes (sniff, sniff). Probably the last thing on any parent’s mind before... Read More

Gray Divorce – Financial Considerations

August 7, 2018 | Category: Summit Sounds Off

Although divorce is a difficult transition at any age, divorce at or near retirement carries distinct financial uncertainty. Preparing for the cost of two separate retirements with a limited... Read More

The Health-Wealth Connection

March 22, 2018 | Category: Summit Sounds Off

It’s a vicious cycle: Money is one of the greatest causes of stress, prolonged stress can lead to serious health issues, and health issues often result in yet more... Read More

Video: Elder Care – Providing for Our Parents

March 21, 2018 | Category: Summit Sounds Off

Providing for Our Parents:   Nearly one third of all American households are caring for an elder parent. This video provides 8 steps to take when caring for your... Read More

It’s Time for Baby Boomer RMDs!

March 21, 2018 | Category: Summit Sounds Off

It’s Time for Baby Boomer RMDs! In 2016, the first wave of baby boomers turned 70½, and many more reach that milestone in 2017 and 2018. What’s so special... Read More

The Retirement Income Challenge

October 18, 2017 | Category: Summit Sounds Off

At its core, retirement is a lifetime income challenge. When someone quits working, their lifestyle still requires monthly expenditures, but the corresponding paycheck disappears. Replacing that paycheck is the... Read More

The Long-Term Care Conundrum

October 7, 2017 | Category: Summit Sounds Off

How does one deal with a risk that has a high probability of occurrence, an unquestionably high cost when it happens, and insurance products meant to hedge the risk... Read More

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