The Blue Blaze

The Federal Fiduciary Rule is Dead. Long Live the Fiduciary Rule.

Posted by Frankie Corrado on Sep 13, 2018 9:58:00 AM

 

Following a long and extensive battle with government bureaucracy, the Fiduciary Rule died on June 21, 2018. The Rule is remembered fondly by its many supporters for the transparency and objectivism it was meant to bring to the financial services industry. It is mourned by the many who believed in its unfulfilled potential.

Read More

Topics: Financial life guidance, Financial Services, Optimal Life,, Values, Fee only, Fiduciary, Fiduciary rule, Ethics

Are You Financially and Emotionally Prepared for Life's Big Transitions?

Posted by Frank J. Corrado, CPA, CFP on Aug 3, 2018 9:37:59 AM

 

Financial planning is more than just a series of savings and investments you lock away and forget about. Your money doesn’t exist in a vacuum. Your financial needs and priorities are going to change in response to the transitions that we all go through as we work, raise our families, and look ahead to retirement.

Managing these transitions is one of the keys to keeping your finances in balance, and to achieving a greater Return on Life™ (ROL).

Read More

Topics: Career changes, Financial life guidance, Retirement, Optimal Life,, Values

Three Overlooked Keys to Being a Successful Investor

Posted by Frank J. Corrado, CPA, CFP on Jul 6, 2018 9:42:00 AM

 


Does investing strike “fear” in you? We once heard somebody say the word “fear” stands for “False Evidence Appearing Real.” That seems to apply to investing. Here’s why.

Read More

Topics: Optimal Life,

Is Your Money Being Used to Improve Your Life?

Posted by Frank J. Corrado, CPA, CFP on Jun 14, 2018 8:27:13 AM

There’s a movement toward redefining money: instead of accumulating money for what it can buy, more of us want to use money to live the best life possible with what we have––a concept known as Return on Life™ (ROL).

Read More

Topics: Financial life guidance, Optimal Life,, return on life,

Our Return On Life: Why It's More Important Than Our Return On Investment

Posted by Frank J. Corrado, CPA, CFP on May 29, 2018 11:10:36 AM


TAKE THE ROL (Return on Life) QUIZ -  and get your personalized report.

“Do I have enough money to get married?”

“Do I have enough money to have more children?”

“Do I have enough money to start my own business?”

“Will I have enough money to retire?”

These are typical questions that people often ask themselves over time when they start thinking about financial planning. And that’s only natural. We expect our money to help us feel safe, provide a safety net for key life transitions -- especially as we grow older -- and start thinking about retirement.

Unfortunately, if you view your savings and investments only as numbers on a page that you’re trying to nudge upwards, then there’s no such thing as “enough.”

Read More

Topics: Optimal Life,, Purpose,, return on life,

You Want a Happy Life? Stop Worrying About What You’ve Got

Posted by Frank J. Corrado, CPA, CFP on May 4, 2018 8:15:48 AM

 

 

Quick, what’s the definition of a happy life? This semester, about a quarter of Yale University’s undergrads signed up to find out, making it the most popular class of all time at the school.

Read More

Topics: Financial life guidance, Optimal Life,, return on life,

1 Easy Thing You Can Still Do to Lower Your Tax Bill for 2017

Posted by Frankie Corrado on Feb 13, 2018 2:51:48 PM

 

A client of mine recently asked me if she could still make a 401k contribution for the prior year (2017). Unfortunately I had to explain that no, she couldn’t - that window closed on December 31st.

But good news! There is still time to save in a tax-smart way for the prior year.

Read More

Topics: Financial life guidance, Tax prep, Financial Services, Optimal Life,

It's Hero Time. Thanks, Charitable Gift Fund.

Posted by Frankie Corrado on Dec 18, 2017 7:56:55 AM

 

Image courtesy of rawpixel.com via Upsplash

 

It Isn’t Over Till It’s Over.

Time’s running out to tick off all those new year resolutions.

If being a hero is still on your list (unchecked), there’s a way to make this happen: start a charitable gift fund.

Read More

Topics: Financial life guidance, Purpose,, Values, Charitable

We Told Our Colleagues It Was Time to Change. Their Response Surprised Us.

Posted by Frankie Corrado on Dec 4, 2017 9:29:02 AM

 

Image courtesy of MacPhysto on Upsplash

You never know what will happen when you propose bold change. The only guarantee is that you’ll get people’s attention...and a LOT of people weighing in with opinions.

At this year’s Alliance of Comprehensive Planners (ACP) annual conference, Blue Blaze had a spot at the Board table as well as time on the agenda. We proposed big change. We got lots of feedback.

Read More

Topics: Financial life guidance, Optimal Life,, Values

Ready for Your Optimal Life? First, Ask the Right Questions.

Posted by Frank J. Corrado, CPA, CFP on Nov 19, 2017 8:37:02 AM

Frank Corrado, a Blue Blaze financial life guide, encourages a client to do a deep dive into her goals and motivations. 

We're talking about my money, Right? 

(No. Not first thing, anyway.)

Remember the first time an adult you respected told you, “If you’re having a difficult time deciding what is the right thing to do -- just listen to your gut. Deep down, if it’s right, you’ll feel it.”

That’s exactly how I felt the first time I was introduced to the concept of appreciative inquiry.

Read More

Topics: Financial life guidance, Optimal Life,, Purpose,, Values, Appreciative Inquiry