Wealth, Family, and the Future of Care: Is Self-Insuring the Right Choice?
One of the most frequent questions financial advisors receive from high-income clients is whether or not they should self-insure their long-term care (LTC). With a robust portfolio, self-insurance might seem feasible, but is this approach the right choice? For high-net-worth individuals, the answer typically requires a closer look at financial impacts and, equally importantly, the […]
Open Enrollment: Medicare and Employer-Provided Benefit Revie
It’s open enrollment season! Whether you’re covered by Medicare, or an employer plan, this is an important time to review your benefits and make any changes for the coming year. Medicare: Starting in 2025, out-of-pocket prescription drug costs are capped at $2,000, and the copay for insulin is capped at $35. This is great news! […]
The Power of Mindful Spending: Making Every Dollar Count
We’re exploring how mindful spending can transform your financial health and lead to alignment with your personal values.
Discovering Your Financial Mission: How to Align Your Values with Your Wealth
How you choose to spend your money is important, and when done thoughtfully, it has the potential to make a bigger impact.
The Mission Street Wealth Planning Experience
We understand that with growing access to virtual investment software, robo-tools, and numerous advisory firms, you may be wondering what sets one professional apart from the other. Well, beyond the basics of wealth management and financial planning, we believe you can tell a lot about a firm by how they approach the client experience. To […]
Simplifying Financial Goal Setting: A Step-by-Step Approach
Throughout all aspects of your life, you likely have goals, aspirations, and dreams. From career goals to workout goals, travel goals, family goals, and more, you have at least an idea of what you want your life to look like. Yet, regarding financial goals, people tend to feel uncertain about what they should work toward. […]
The Mission Street Wealth Mission – Who We Are & What We Do For Our Clients
Our goal at Mission Street Wealth is to make sure you retire comfortably and remain comfortable throughout your retirement years.
How To Tame A Bear Market
Stock markets rise in value over long periods of time. The long-term investor is rewarded with outsized returns for being confident and patient. But the inevitable rise in value and growth in wealth comes at a cost. That cost is volatility and short-term uncertainty. Every successful investor knows the market’s rise will be interrupted from […]
Taxes Matter: Don’t Pay More Than You Need To
Taxes make many good things possible in our society. Few of us want to pay the government more than our fair share…especially by accident. I’m proud to pay taxes, but I could be just as proud for half the money. Investment mistakes can cost you unnecessary taxes. Thankfully, there are several areas where smart tax […]
How Global Investing Is Like a Chocolate Chip Cookie
The smell of fresh baked chocolate chip cookies takes me straight back to my childhood. Mom would only use Nestle Toll House chocolate chips for those cookies. For her, and for me, they *were* chocolate chips. So what does that have to do with global investing? It is a delicious illustration (see what I did […]
