by Omer Abramovich

Everyone  who owns a home or car has homeowners and automobile insurance coverage. If you own a boat or a motorcycle, you likely have a policy for those, too. But is that enough? Today, I’d like to introduce you to an insurance policy that often goes unnoticed, but can make a huge difference to a person’s financial security – the Umbrella policy.

Sometimes getting your friends to pay you back for something you’ve already paid for in full can be complicated. It’s no one’s fault — between work, friends, and family it’s hard to keep track of every little thing.

We made two additions to our staff this quarter — meet Mike Bayliss and Jodi Friendshuh.

By Dan Lear

by Kyle Berg

Imagine this. You’ve worked hard to save every penny you could so that you can finally call it quits and not have to work another day in your life. Your retirement savings have well exceeded the United States household average of $17,000. Now, you are six months into your 70s and Uncle Sam wants a cut of what you have worked so hard to save. So, you have to take a required minimum distribution, or RMD for short. Failing to do so will cost you 50% of the distribution, which is something you want to avoid at all costs.

Conventional wisdom says that what goes up must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when your money is at stake. Though there's no foolproof way to handle the ups and downs of the stock market, the following common-sense tips can help.

The following article is provided by Ed Slott and Company. Affiance is granted access to this content as part of Financial Planner Seth Meisler’s membership in Ed Slott’s Elite IRA Advisor Group — an exclusive group for financial advisors dedicated to being leaders in the IRA industry.

Starting a new year is often the perfect catalyst for revitalizing your ambition to tackle those tasks which you otherwise just can’t seem to get started on. If you’re feeling nagged by student loan or credit card debt, this article may help you develop a plan that will set you on the path toward a worry free relationship with debt.

Affiance Financial is growing again! This quarter, we added one new face and one old face to our team. Intrigued? Read on for an introduction, and reintroduction, to our latest team members.