Brooks Financial Planning
Brooks Financial Planning is a Colorado Springs based Fee Only Certified Financial Planning company.
We advise single individuals, couples, families and those in the Military.
07/06/2017
Should I Invest In Real Estate or Buy A Home? | David Waldrop, CFP If you're a potential home buyer, you need to distinguish between to very different things. Ask yourself, "should I invest in real estate or buy a home?"
The best way to predict the future is to create it. - I Ching
The best way to predict the future is to create it.
The will to win is important, but the will to prepare is vital. - Joe Paterno
There are no short cuts to anyplace worth going
10 Things Plumbers Won’t Tell You
What does this article have to do with financial planning? An ounce of prevention can help ensure that you are protecting your financial plans from unexpected setbacks and disruptions. An emergency fund is necessary but not having to use it for avoidable mishaps is a very good th
Is Giving IRA Assets to Charity Still OK?
New regulations have a lot of people with questions concerning the tax consequences of charitable donations. I thought you might find this article from the Wall Street Journal informative. Please leave a comment and let me know what you think. I would love to hear from you!
When
4 tips for caring for mom and dad
Do you have an elderly parent that either requires help now or may at some point in the future? Please leave me a comment and let me know what’s working for you or what thoughts you currently have on how you will meet the challenge if it shows up in your future. This article from
Attention, Philanthropists: Your Tax Exemption Is at Risk
I found this Wall Street Journal article thought provoking. Leave a comment and let me know what you think.
If you are involved with a small charity or not-for-profit organization, take note: Only about six weeks are left for such groups to make an important tax filing—or risk l
Did you know…State taxes vary for Roth conversions?
Check out this article from Kiplinger and contact me if you have any questions on how this may affect you.
Source: Kiplinger
Save Money in August!
Click Save Money in August to enjoy a short video about saving money in August!
Is it Time to Rebalance Your 401(k) Investments?
Do you “practice a form of benign neglect”? Check out this SmartMoney article to find out.
When it comes to 401(k) plans, savvy investors know that asset allocation –
based on your time horizon, risk tolerance and savings goal – is crucial.
But without regular checkups, over time
Financial plans can provide a false sense of precision.
TRYING TO FIGURE OUT THE HEALTH CARE REFORM
There is no possible way to immediately know the details and evaluate the impact of this bill. Part of the reason is that we confuse bringing down the price of medical care with bringing down the cost. Then we confuse medical care with health care.
What we do know is that in 20
The worst thing that happens to you can be the best thing for you - if it doesn't get the best of you.
SHOULD I HAVE A MORTAGAGE IN RETIREMENT?
Planning the details of your retirement and considering the pros and cons of paying off your mortgage? Here are some considerations to think about.
You value the security and peace-of-mind of having your house paid off.
You are paying a higher mortgage rate than your money is e