I can tell you from experience that children grow up fast!  It is very hard for me to believe that my sweet daughter, Abbey, will be starting kindergarten soon.  Five years have passed in the blink of an eye!

What’s really scary is that I have a pretty good idea of how much college will cost in the year 2023 when I write the check (to NC State of course!) to pay for her first semester.  Fortunately, my wife and I have planned ahead and I hope that you will plan ahead too.  I would suggest that you consider utilizing a 529 College Savings Plan as a component of your college savings strategy.

» Continue reading “529 College Savings Plans FAQ”

Erin Campbell is interviewed by Mitchell Lewis, host of the PBS series NC Now.  In Erin’s segment (starting at the 5:05 mark in the video), she discusses ways to prepare financially for disasters.

» Continue reading “PBS Interviews Beacon Financial Strategies’ Erin Campbell”

During retirement, is it best to take distributions from IRAs, Roth IRAs or personal brokerage or savings accounts?  The decision of “Which account?” is an important one with many factors to consider.

» Continue reading “Retirement Distribution Planning – Which Account?”