An ancient planning model devised by Aristotle still works today:

First, have a definite, clear practical ideal; a goal, an objective.

Second, have the necessary means to achieve your ends; wisdom, money, materials and methods.

Third, adjust all your means to that end.

 

Amy Rose Herrick, ChFC  provides clients with personalized, comprehensive financial planning services to help you prepare for the road ahead. As an Independent Financial Professional, Amy doesn't have a hidden product agenda or sales quota that must be met at your expense. Her written recommendations are based solely on what is best for you and the achievement of your family's financial goals.

Please call 785-224-8954 to visit with Amy.

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Cost of Retirement

Use this calculator to estimate how much income and savings you may need in retirement.

Estate Taxes

Use this calculator to estimate the federal estate taxes that could be due on your estate after you die.

Impact of Inflation

Estimate the future cost of an item based on today’s prices and the rate of inflation you expect.

Mortgage Acceleration

This calculator can help you determine how soon you can pay off your mortgage.

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Bring Your Life Insurance Home From Work

Only 44% of American households have individual life insurance, a 50-year low. Many workers have life insurance as an employee benefit, however relying on a group policy could mean that coverage ends should a worker's job situation change. This article examines the benefits of term individual insurance and permanent life insurance.

Managing Cash When Interest Rates Are Low

It's generally a good idea to keep three to six months of income in an emergency fund, but where should cash be kept when interest rates are low? This article discusses the advantages and disadvantages of savings accounts, certificates of deposit, and money market funds.

Preparing to Turn the Corner

What happens to a multiple-owner business when one of them chooses to retire or must leave suddenly for some other reason? Death, disability, divorce, & bankruptcy are just a few of the events that can affect one owner and threaten the future of the business. This article discusses the reasons why it may make sense for a small business to have a buy-sell agreement in place.

Earning Income from Mutual Funds

More than half of working Americans are concerned that they may not have enough money to live comfortably during retirement. Although mutual funds are often thought of as a tool to build savings, they can also be used to generate income. This article examines the potential income benefits of bond funds, equity or stock income funds, and hybrid funds.

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May 16, 2012 @ 09:21 PM

Dow Jones Industrials 12,598.55- 33.45
Dow Jones Transportation 5,100.56- 6.43
Dow Jones Utilities 467.28- 0.66
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10 Year Treasury Note 1.77- 0.01
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