6 Ways You Can Teach Your Kids About Money During This Pandemic

The financial toll of the COVID-19 pandemic is being felt by everyone, including young children. It’s natural to want to shield them from the hard reality we’re all going through. But this is a great opportunity to talk to your kids about money.

HowtoLeaveaLastingLegacyforYourFamily-Mom and son on beach

By: Harris Financial Advisors | On: February 5, 2020 | Category: Estate Planning, Long Term Planning |

Leaving a Lasting, Meaningful Legacy for Your Loved Ones

As we’ve covered in a previous blog post, creating an estate plan to address the inevitable can be an emotionally exhausting process for any family. To make things even more challenging, estate planning mainly focuses on the legal disposition of assets and is often only part of a larger legacy plan that can include much more.

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.

By: Harris Financial Advisors | On: April 4, 2018 | Category: Long Term Planning |

Is Long-Term Care Factored into Your Retirement Plan?

A good retirement plan gives you a snapshot of your current situation along with multiple “what-if” future scenarios. Your plan is not complete until you factor in the great unknown – the future cost of a long-term care event for you or a loved one.

Injured PiggyBank Med

By: Harris Financial Advisors | On: September 12, 2017 | Category: Insurance, Long Term Planning | Tags: HSA, retirement, tax, Tax Advantage

4 Reasons an HSA Can Be Good for Your Financial Health

If you haven’t heard of health savings accounts, or HSAs, now is a great time to learn. An HSA allows for tax‐advantaged savings that can be used to pay for medical expenses now or in the future. In order to qualify for an HSA, you must be enrolled in a high‐deductible health insurance plan. High deductible insurance plans offer low premiums in exchange for the insured person or family taking on high deductibles.