EstatePlanningTipsforWomen-Walking the Path

By: Harris Financial Advisors | On: February 5, 2019 | Category: Financial Planning |

Women and Estate Planning: What You Need to Know

Studies repeatedly show that many women have longer life spans than their partners but at some point may face challenges that come with aging, such as widowhood, or physical or mental decline. We recommend women take steps to build their support networks and make plans throughout their lives to ensure their financial well-being and security. Often overlooked, estate plans should be part of every woman’s long-term financial journey.

Starting the Year Strong-Happy New Year-Harris Financial Advisors

By: Harris Financial Advisors | On: January 8, 2019 | Category: Financial Planning |

Starting Strong in 2019:
Your Financial Planning and Fiscal Health

Despite the year-end volatility in markets during December, we continue to remind our clients that the first weeks of any New Year are an opportune time to review their financial planning strategies and to strengthen their fiscal health in areas they can control during market fluctuations in the coming year – and beyond.¹ Harris Financial Advisors suggests taking the following steps these first few weeks of 2019.

Asses Your Risk Tolerance-Writing on Clear Board

By: Harris Financial Advisors | On: December 12, 2018 | Category: Financial Planning, Long Term Planning |

Assess Your Risk Tolerance for the Year Ahead

With the recent volatility in the stock markets, it is a good time for investors to review their risk tolerance. A formal risk assessment can provide valuable information that investors can use to form a baseline from which to make financial decisions, even amid market fluctuations and changes in life and work.1 While no specific risk level is better than another, it is important to understand where you fall on the risk spectrum so you can apply that information toward your financial planning and investment strategies. Are you unsure of your risk tolerance? Asking for a formal risk assessment from your financial advisor is a great place to start.

For Women: Negotiating the Terrain of Family Finances-Women Reviewing Noteboard

By: Harris Financial Advisors | On: November 28, 2018 | Category: Financial Planning, Women |

For Women: Negotiating the Terrain of Family Finances

More often than not, women with families take the lead when it comes to running their households and focusing on tasks such as home upkeep, managing schedules and children, and tracking bills and sending payments. However, studies reveal that many women with families are less involved when it comes to making longer-term financial plans within their family setting.

Mapping a Financial Plan-Laptop

By: Harris Financial Advisors | On: November 7, 2018 | Category: Financial Planning |

Mapping a Financial Plan That Works for You

You work hard every day, giving a significant amount of your time, energy and commitment to your professional life. In the end you want your hard work to pay off, don’t you? Developing a long-term financial plan as part of your investment strategy is crucial to securing that payoff. Financial planning is important for everyone, not just for people of a certain age or income bracket, and it’s evolved in the 21st century.