Paraclete Wealth Consultants- Michael Beard
We help families navigate and bring to reality their most important lifetime goals! At Paraclete Wealth Consultants, you are #1!
The belief you can only receive quality financial advice in the big cities or from huge financial firms, is simply a myth! Close and personal relationships are the cornerstone for a small community, and I believe that the best experience is delivered through tailored, personal interactions. As a generational descendant from this area, I understand how important community and family are. Ever since
The financial risks to consider when evaluating self insurance?
When to Self-Insure Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?
When was the last time you updated your will?
Will Power Preparing for the eventual distribution of your assets may not sound enticing. But a will puts the power in your hands.
Wall Street has a lot of cliches. How many do you know?
16 Wall Street Cliches in 60 Seconds Pundits say a lot of things about the markets. Let's see if you can keep up.
Business owners should consider a succession plan sooner rather than later.
Succeeding at Business Succession There are a number of reasons for business owners to consider a business succession plan sooner rather than later.
If you don’t have an , here's some reasons why you should.
Do you carry a balance on your credit card? Learn how long it may take to pay off the entire debt.
Paying Off a Credit Card Enter various payment options and determine how long it may take to pay off a credit card.
Are you on the fence about working with a financial professional? This video will give you some food for thought. Watch here:
Working With A Financial Professional A financial professional is an invaluable resource to help you untangle the complexities of whatever life throws at you.
What should you look for in a personal finance app?
What to Look for in Personal Finance Apps An increasing number have been developed to help individuals with their personal finances.
Sector investing may present an opportunity — if you do your homework.
The Utility of Sector Investing Successful sector investing is dependent upon an accurate analysis about when to rotate in and out.
Do you have intellectual property? Have you incorporated it into your estate strategy? Read more about how you might incorporate your IP into your estate strategy in this detailed article.
Intellectual Property and Your Estate Do you have intellectual property? Consider how you might include your IP into your estate strategy in this detailed article.
Assets minus liabilities = net worth. When was the last time you calculated yours?
What Is My Current Net Worth? Use this calculator to estimate your net worth by adding up your assets and subtracting your liabilities.
What will your family do if you can't earn an income? Here are steps you can take today.
Disability Income This calculator estimates your chances of becoming disabled and your potential need for disability insurance.
What can a fairy tale teach us about goal-setting success? Watch our video and find out.
Once Upon a Goal Do you know how to set up your financial goals for success? This knight does.
Confused about SECURE Act 2.0? Take a look at our rundown of the new legislation and how it changes your retirement.
SECURE Act 2.0: An Overview The second iteration of the SECURE Act brings forward several changes to the world of retirement.
Stocks edged higher in August as investors monitored economic reports for the Fed's next move with short-term interest rates
Monthly Market Insights | August 2024 Stocks edged higher during a volatile month of trading as investors monitored economic reports about the Fed’s next move with short-term interest rates.
All those years of work can add up to a small fortune. What's your strategy for your money?
Lifetime of Earnings Estimate how much you have the potential to earn during your working years.
Do you know the risk factors that can lead to cognitive decline?
Avoiding Cognitive Decline Try these activities to keep your brain sharp.
Net unrealized appreciation (NUA) is a pretty simple concept, but the ex*****on can be difficult to understand. Check out the article to learn more.
Net Unrealized Appreciation (NUA) Explained Have you considered the special tax treatment on company stock held in a 401(k) plan?
Retirement choices can be intimidating. This piece helps you pick the right strategy for your business and employees.
Retirement Plan Choices for Small Businesses Retirement choices can be intimidating. Picking the right strategy.
Own a life insurance policy or annuity that is many years old? You may want to consider a trade in.
What Is a 1035 Exchange? 1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability.
Protect yourself from identity theft.
To Catch a Thief Having your identity stolen may result in financial loss plus the cost of trying to restore your good name.
Compare your taxable investment to a tax-deferred one. The results may surprise you.
Comparing Investments This calculator compares the net gain of a taxable investment versus a tax-favored one.
Is your household's inflation rate higher than the national average?
Inflation & Retirement Estimate how much income may be needed at retirement to maintain your standard of living.
Don’t get greedy when the market rises, and don’t panic when it falls. Sound advice—learn more.
The Cycle of Investing Understanding the cycle of investing may help you avoid easy pitfalls.
Bi-weekly mortgage payment can potentially accelerate your mortgage payoff. Sound interesting?
Bi-Weekly Payments This calculator estimates the savings from paying a mortgage bi-weekly instead of monthly.
Is there a role for both active and passive investments in your portfolio?
The Great Debate Continues: Active vs. Passive In investments, one great debate asks the question, “Active or Passive Investing: Which Is Better?”
Some firms create a “sources and uses of funds” statement to evaluate operations. What does yours say?
What Is My Current Cash Flow? Assess whether you are running “in the black” or “in the red” each month.
Might you need more coverage in retirement? This piece covers some good reasons to retain your insurance.
Consider Keeping Your Life Insurance When You Retire Reasons to retain your coverage into your retirement years.
Compound interest can dramatically impact the future growth of your assets. Learn more.
How Compound Interest Works Use this calculator to better see the potential impact of compound interest on an asset.
What would you rather have: \$500 today or a 50% chance at \$2,000 tomorrow? Know your risk profile.