Everyone makes mistakes, but when it comes to your finances, too many mistakes can have a devastating impact on your ability to accumulate wealth and retire with confidence. Luckily, many common mistakes are completely avoidable with the right knowledge and the right financial partners on your side. Here are the top four financial mistakes I…

Having a 401(k) plan is one of the best ways to maximize your retirement savings. It’s a great way to capture tax benefits while automatically saving money from every paycheck. When this is combined with an employer match, a 401(k) can become one of the most powerful investment tools for retirement.  While enrolling and participating…

After 41 years, Carrier has separated from its parent company, United Technologies (UTC). (1) As part of the split, Carrier has started offering lump-sum pension buyouts to many employees.  The best option is different for each person. Your age, length of service with the company, and current financial situation are just a few of the…

Building wealth to provide for and pass on to your family or cherished causes can take decades of hard work and sacrifice. No matter how much you want to leave, having a solid financial plan is necessary to balance your own retirement needs with your desire to leave a legacy.  At FMF&E Wealth Management, we…

Did you know FMF&E Wealth Management is on social media? We created our pages as an extension of our mission to help provide the knowledge you and your family need to succeed. By empowering and educating our clients to make confident financial decisions, we can make our mission a reality. If that’s what you want…

As a fee-only Registered Investment Advisor, we pride ourselves on offering the very best to our clients when developing a wealth management plan that is tailored to each individual and their family. We offer sound guidance based on our clients’ unique needs and goals because we are independent advisors and fiduciaries who are always working…

The unprecedented uncertainty of the past year and a half has been the cause of increased stress for many people—on both a local and global scale. Businesses and individuals alike are having to constantly adjust to an ever-changing world. To avoid adding to their stress in times like these, many people respond by putting their…

When you own a business, it can often feel like one of your children—you work hard, nurturing it to grow, succeed, and benefit society. This understandable attachment creates an emotional investment that can make it difficult to find a balance between prioritizing personal finances and your business. For instance, business owners commonly face the struggle…

As a business owner, paying taxes and saving for retirement can be two major concerns you have when you examine the financial outlook of your business. Both taxes and retirement represent two significant financial items that you need to prepare for in the long term as you outline your business’s financial strategy.  Luckily, there are…

When construction contractors are ready to begin a project, they must start with a blueprint. If they were to simply take a pile of materials, tools, and supplies and begin placing them together haphazardly, the results would be undesirable. Rather than a home, office, or skyrise, they would have a worthless pile of wasted resources.…