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All tagged Eric Maldonado
Join Our Live Webinar! Faith-Based Principles for Managing Your Money
Zoom Registration Link: https://us06web.zoom.us/webinar/register/9216681928992/WN_h4qLHbzQQ-mvKocq2n2CYg
When: December 13 @ 12:00 pm - 1:00 pm PST
On December 13, Eric Maldonado, CFP®, MBA, CKA® will speak at a live webinar titled, “Faith-Based Principles for Managing Your Money.” Some financial advice assumes making money is your biggest priority. But many of us are looking to do good with the things we have rather than placing them as our ultimate goal. This webinar will address principled investing, charitable giving, responsible financial planning, and more. People of faith will appreciate the insights in this event.
How to be Happy & Rise Above a Year of Chaos
In this month's newsletter, we look at the power of gratitude in uncertain times.
When we appreciate the good things we have in life, we can weather stress far better.
Eric Maldonado, CFP®, MBA
Aquila Wealth Advisors
We were featured in Time: How Much Should You Have in Savings?
Full Time.com article: https://time.com/nextadvisor/banking/savings/how-much-should-you-have-in-emergency-savings/
Six to 12 months of expenses
Eric Maldonado, CFP, a financial advisor at Aquila Wealth Advisors in San Luis Obispo, California, also recommends an emergency fund buffer of six to 12 month of expenses.
“This becomes your stress valve,” he says. “You want to be able to make big life decisions based on what you value most. If you don’t have enough cash on hand, you end up having to make hasty decisions due to time constraints.”
And ultimately, that’s what your emergency is built for: peace of mind.
SECURE Act Highlights
At the end of 2019, Congress passed the most sweeping change to retirement rules in over a decade.(1)
Known as the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), this legislation went into effect on January 1, 2020, and impacts retirement and estate planning rules.
Here are a few of the biggest takeaways from the Act:
RMDs Now Start at Age 72
How to say "goodbye" to holiday stress and "hello" to a more joyful season
How much joy do you feel during the holidays?
If you’re like many people, the spirit of the season comes with a side of stress.
In fact, research shows that about 2 in 3 people experience holiday stress1— and that the pressure to feel happy is a major source of holiday stress and depression.2
Before holiday stress becomes overwhelming, stop it from snowballing. There’s plenty you can do to manage holiday stress and get more joy out of the season!
In this month’s Aquila Wealth Newsletter, we explore the causes of holiday stress and effective ways to deal with it. Click here to view it.
What does your rich life look like?
The Beatles famously sang, “Money can’t buy me love.”
But, money should be able to buy happiness, right? Or, should it?
If people can buy the things they want, need, and enjoy, it’s seems like money should make them more happy. But it doesn’t always.
Why?
Harvard researchers say it’s because people don’t spend it right. They don’t know what makes them happy, so they waste their money on things they think will make them happy but often don’t. They simply don’t know how to use their money to sustain happiness and experience a richer, more meaningful life.1
So, how can you live a rich life? Do you know what your rich life looks like? In this month’s AquilaWealth Visual Insights Newsletter, we explore these questions and share some strategies for living a richer life. Click here to check it out!
National Debt & Your Personal Debt Ceiling
The U.S. has not been debt free since 1835 – should you be debt free?
As the summer of 2019 heats up, talk about the national debt spiraling out of control will too.
But what is the national debt and should investors worry about it? More importantly, can the national debt teach investors a thing or two?
Quarterly Market Commentary Second Quarter 2019
The Fed Signaled No More 2019 Hikes
Two days before the quarter ended, the Fed held the line on interest rates and formally suggested that no cuts were coming in 2019. The central bank suggested that one or two cuts might happen, but not until 2020. The Federal Open Market Committee voted 9-1 to keep the benchmark rate in a target range of 2.25% to 2.5% – hardly a split decision (St. Louis Fed President James Bullard voted to cut rates).