Tax filing season is upon us again and the IRS has implemented some changes you should be aware of when filing your return. First, they continue to tweak the Form 1040. For the 2018 tax year, it was condensed into 1 page with several new supporting schedules. For 2019, the form reverts to 2 pages,… read more
It’s Almost Too Late…
December 15, 2019
Posted in: Financial Planning, Taxes
It’s almost too late to cut what may be your biggest expense for 2019 (and it’s not your Christmas budget). For most of our clients, income taxes are their largest expense and with the calendar year ending in a couple weeks, so too will the opportunity to save on your 2019 tax bill. At Vintage,… read more
Vintage Wins Big Award!
November 26, 2019
Posted in: In the News, Vintage News
We’re excited to announce that Vintage has won another big national award. Frank Moore and Jack McCloskey were in Chicago to receive the award at the Investment News Top Advisory Firm Summit last month. Vintage was one of seventeen firms in the country to be honored at the event and given the 2019 Best Practices… read more
Congrats to Michael Stros
November 18, 2019
Posted in: In the News, Vintage News
Congratulations to Michael Stros for passing the Certified Financial Planner certification exam. To become a CERTIFIED FINANCIAL PLANNER Professional™ a candidate must complete the education and experience requirement, pass the six hour board exam, and agree to abide by the Code of Ethics and Standard of Conduct. In addition they agree to follow the practice… read more
Five Big Financial Setbacks
November 15, 2019
Posted in: Financial Planning, Investments
Vintage will be 35 years old in early January and over the years we’ve seen a lot of big blunders people make with their finances. Some are a single bad transaction while others are minor ongoing and often overlooked areas that can significantly impact your standard of living in retirement. Here are five setbacks you’ll… read more
Driving with the Rear View Mirror
October 15, 2019
Posted in: Investments, Retirement Planning
There’s the joke about the woman watching the news with a report about a man driving the wrong way down the freeway. She knows her husband is in that area so she calls him on his cell phone to alert him and he says, “It’s not just one guy, they’re all driving the wrong way!”… read more
Don’t Be Martha
September 16, 2019
Posted in: Fee Only, Financial Planning
At Vintage we aren’t licensed life insurance agents but we still sometimes get e-mails targeted to the commission based agents. This one pitches the fat commissions available for taking advantage of poor Martha, a 66-year-old woman with an extra $90,000 in the bank. It suggests that the agent can pitch Martha on turning her $90,000… read more
Free, Great Advice for Young People
August 14, 2019
Posted in: Financial Planning, Investments, Retirement Planning
Young people just getting started with a career typically have a hard time finding some good financial advice. They don’t have enough money to justify spending thousands of dollars working with a good financial planner, but they do need a roadmap to get their finances off to a good start. At Vintage, we’re happy to… read more
Vintage One of Just Five
July 16, 2019
Posted in: In the News, Vintage News
Vintage was again named to the Financial Time’s FT 300 list, a national ranking of the country’s top Registered Investment Advisory firms. The average firm this year managed over $4 billion for their clients. This year only five firms from Michigan were named to the prestigious ranking. See the article and list at Financial Times…. read more
Are You a Michigan One Percenter?
Posted in: Taxes, Vintage News
So how rich are you compared to others? There are different ways to look at this and different sources of financial information that are collected. You can have a high income but no money in the bank or can have a low income and a large investment portfolio. Even if we just focus on income… read more