Sep 29, 2023 | Spin on Spending |
Myth: Social Security will provide most of the income you need in retirement. Fact: It’s likely that Social Security will provide a smaller portion of retirement income than you expect. There’s no doubt about it — Social Security is an important source of...
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Sep 22, 2023 | Spin on Spending |
How much life insurance do you need? Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you’re young, you may not have a...
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Sep 8, 2023 | Spin on Spending |
Retirement plans and expectations vary greatly for each person, so the amount you need to retire and the method to reach that goal is unique and personal. One popular way to reach a retirement savings goal is with a 401(k) plan. Some estimate that 79% of Americans...
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Aug 18, 2023 | Spin on Spending |
Most of our lives we are concerned with living in the moment–figuring out what we need to do today and how we might accomplish it. Sometimes, we can move beyond the moment, and think of our goals for the month, or even goals for the year. Many even benefit from going...
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Aug 9, 2023 | Spin on Spending |
The world 50 years ago was a lot different than it is today. An individual often worked at the same job all his or her adult life, lived in the same house, and stayed married to the same spouse. In those days, too, one spouse could support a family, paying for college...
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Jul 28, 2023 | Spin on Spending |
Everyone is familiar with 401(k) plans, but not everyone knows they come in different flavors, one of which is the safe harbor 401(k). The one thing all these special 401(k) plans have in common is that they’re generally simpler to maintain because they’re...
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Jul 11, 2023 | Spin on Spending |
Hindsight may be 20/20, but predicting the future is always hard. “If only I had acted.” “I knew that would happen…” “The market agreed with me at the time.” These are all thoughts that pass through most investors’ minds at one point or another. The reason investors...
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Jul 3, 2023 | Spin on Spending |
The first half of the year is behind us. During those six months, life events happen – both planned and unplanned. It can be helpful to revisit your financial plan to ensure it still supports your goals. Here are some ways to evaluate if you are continuing on...
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Jun 15, 2023 | Spin on Spending |
Exciting summer travel plans are coming up, and many individuals and families are running through the usual checklists and questions. Have we chosen a destination? If traveling internationally, are our passports all up to date? Does our bank know so our credit cards...
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Jun 7, 2023 | Spin on Spending |
There are a number of ways your estate can be distributed to your heirs after you pass. Each allows a different degree of control over distribution, and each poses different challenges and opportunities. If you haven’t taken steps already, it’s important...
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May 31, 2023 | Spin on Spending |
With age comes responsibility, so if you’re a young adult in your 20s or 30s, chances are you’ve been introduced to the realities of adulthood. While you’re excited by all the opportunities life has to offer, you’re also aware of your emerging...
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May 12, 2023 | Spin on Spending |
During your working years, you probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income stream that will...
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Apr 28, 2023 | Spin on Spending |
Many family businesses don’t last beyond the first generation, and it is even more difficult to prosper beyond the second and third generations. Among the many issues to address are successor management, providing retirement income for senior owners, developing a role...
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Apr 14, 2023 | Spin on Spending |
Making decisions about your retirement account can seem overwhelming, especially if you feel unsure about your knowledge of investments. However, the following basic concepts can help you make smarter choices regardless of whether you already have some investing...
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Apr 5, 2023 | Spin on Spending |
April is financial literacy awareness month, so it’s a great time to assess your financial goals and determine whether you are using all the tools available to achieve them. Although there are many wonderful informational resources and guides available to teach you...
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Apr 4, 2023 | Newsroom |
Arvest Wealth Management has been named to the National Association of Plan Advisors’ (NAPA) list of the nation’s top defined contribution Advisor Teams with Assets under Advisement (AUA) over $100 Million. It is the second year in a row the team has been recognized...
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Mar 29, 2023 | Newsroom |
Kendra Cain has joined Arvest Wealth Management as Chief Compliance Officer, effective March 20. She replaces Tom Harps, who recently announced his retirement after serving nearly 17 years as chief compliance officer at Arvest Wealth Management. Cain will be...
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Mar 17, 2023 | Spin on Spending |
You may have heard that the great wealth transfer is coming. There are estimates of $30 to $70 trillion in assets to be transferred between generations in the coming decades. For some, it is much closer than they would like, and many individuals leaving an inheritance...
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Mar 6, 2023 | Spin on Spending |
In the corporate environment, there are sometimes circumstances which lead employers to offer certain employees early retirement packages. But how do you know if the seemingly attractive offer you’ve received is a good one? Start by evaluating it carefully to...
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Feb 24, 2023 | Spin on Spending |
If you care about what happens to your money, home, and other property after you pass, then it is time to do some estate planning. There are many tools you can use to achieve your estate planning goals, but a will is probably the most vital. Even if you’re young...
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