finances – Page 2 – Pathfinder Wealth Management, Inc.

Should You Be Wary Of Some Of Dave Ramsey’s Advice?

Posted on May 26, 2020 by Walter Storholt

Dave Ramsey has earned a lot of respect among savers and investors over the years as evidenced by his enormously popular radio show, books and sold out performance venues when he speaks. But is all of his advice worth following? Is it possible that some of the things he professes will actually hurt you financially? Let’s take a look at some of Dave’s most popular advice and see if and when it makes sense for retirees and pre-retirees to disagree. […]

Best Intentions, Bad Advice

Posted on April 16, 2020 by Walter Storholt

Barbara and Phil will provide an update on conversations they’ve had with clients about the Coronavirus and then move into a discussion on where you’re getting financial advice from. […]

The CARES Act

Posted on April 16, 2020 by Walter Storholt

Congress recently passed the CARES Act to try and help alleviate some of the financial impacts that the Coronavirus has had on the country. Barbara and Phil will run down the main points of this bill and discuss their overall thoughts of this new piece of legislation. We will also answer a few mailbag questions in the second half of the show. […]

Solid Financial Truths

Posted on March 12, 2020 by Walter Storholt

A lot of things in the financial landscape have an “it depends” resolution. It can be frustrating when things are so fluid and vary person to person. So, let’s discuss some financial truths that we can state with confidence and see what we can learn from them. […]

Coronavirus Update & Financial Dictionary

Posted on March 12, 2020 by Walter Storholt

The Coronavirus and other economic forces have caused the stock market to crater and experience some wild ups and downs the past few weeks. It has a lot of investors feeling emotional and worried about their retirement plans. Barbara and Phil will give their opinions on the down market and the advice they are currently giving their clients. We will also break down what a backdoor Roth IRA is and discuss the differences between active and passive management styles. […]

How To Set Financial & Retirement Goals

Posted on February 14, 2020 by Walter Storholt

We talk all the time about how people need to give their dollars purpose or set goals for their retirement and even specifically for certain investments. But let’s dive deeper into what different goals look like for various folks approaching retirement. How do you determine if a goal is realistic or out of reach? We’ll tackle that conversation with plenty of examples on this episode. […]

Where to Find Bias in Financial Media

Posted on January 16, 2020 by Walter Storholt

It’s always good to keep yourself up to date with what’s going on in the financial world. But it’s also important to understand that the information you get from the media isn’t completely unbiased. Let’s talk about some of the problems with the financial media. […]

SECURE Act Changes

Posted on January 15, 2020 by Walter Storholt

The new year brought big changes to retirement accounts with the SECURE Act so let’s talk about the areas you need to pay attention to. Plus, we’ll open up the mailbag to cover cash, stock, and retirement planning. […]

Which Excuses Keep You From Retiring?

Posted on December 11, 2019 by Walter Storholt

Sometimes people say they don’t want to retire…and sometimes they really mean it. Other times it’s just a defense mechanism to compensate for the fact that they feel like they can’t retire. So let’s explore some of the possible meanings behind the statement, “I don’t want to retire.” […]

Mailbag Questions, Part 2

Posted on December 10, 2019 by Walter Storholt

Today’s show is another mailbag edition. This time around we will answer how much risk is appropriate in retirement, consolidating multiple accounts, and more. […]