Select Page

Voices of PSG

Voices of PSG

The Dark Side of Retirement

Are you emotionally prepared for retirement? The images we see of retirement usually show people at the beach, holding a golf club or tennis racket, or walking in the great outdoors. What if none of these appeal to you? Or declining health takes golf and tennis off...

read more

Major Retirement Mistakes to Avoid

Retiring? Nervous now that the paycheck will be gone? Worried if the portfolio is invested properly for your retirement? Here are 5 major mistakes to avoid for the newly retired: 1. Investing too conservatively. – The key here is to understand it will be stocks that...

read more

Market Insight: Increased Complexity in Investing

AN UPDATE ON RELEVANT THEMES Risky asset prices have recovered from the vicious 4th quarter 2018. Headlines matter again. The Federal Reserve’s policy decisions in early 2019 gave investors the green light to speculate. Most of the near-term risks remain geopolitical...

read more

The Magic of Tidying Up Your Finances

The book by Marie Kondo, “The Life-Changing Magic of Tidying,” is inspiring families across the globe to eliminate excess household items in exchange for simplicity and peace-of-mind. Marie asks us to take a hard look at the tangible items in our homes and consider:...

read more

What is Your Hurdle Rate of Return?

When Americans save, they often do so without a specific plan in mind. Sometimes saving is an afterthought – something that is done after all the bills are paid and extra income is enjoyed for current needs and wants. But the future is calling, and it’s begging you to...

read more

Market Insight: Rise of the Machines

JP MORGAN STUDY ON DECEMBERS SELL-OFF One of our key market themes remains “Rise of the Machines/Computers Gone Mad.” Market moves to the downside when they occur will be amplified, gut-wrenching and leave us scratching our heads as to what happened (think December of...

read more

Family Discussions Over College Debt

Student loan debt is now the second highest consumer debt category in the United States only behind mortgage debt, but higher than both credit cards and auto loans. The number in the US is $1.5 trillion, not a small number. But, consider the emotional toll for...

read more

6 Common Investor Mistakes

When you have a career, a family, and a home to manage, it’s easy to lose track of your investment accounts.  Is your portfolio aligned with your risk tolerance?  Do you have enough diversification across each asset class?  Are you saving enough?  These questions and...

read more

February 2019 Episode of Your Future Your Finances

Here is the  recent February 2019 Episode of Your Future Your Finances. Please click on the image below to watch.  In the first segment Brian discusses Medicare and its’ accompanying programs with Tracy Russo, CLTC of HTA Financial. She specializes in helping people...

read more

The Greatest Wealth is Health

The Roman poet, Virgil, knew 2,000 years ago that human prosperity and happiness are inextricably linked to health.  This is not a new concept, but it is worth the reminder as we experience many distractions that compete for attention in our busy lives....

read more

Market Insight: Secular Disruption

As Highlighted by T. Rowe Price Chief Investment Officer, David Giroux I had the pleasure of sitting down with David this past week in a small group meeting in Baltimore. In addition to CIO, he is also the lead portfolio manager for the T. Rowe Price Capital...

read more

2018 Tax Reform Act & Bundling Charitable Deductions

Think Like a Billionaire: For most taxpayers, exceeding the new standard deduction of a $12,200 for individuals and $24,400 for married couples while the state and local tax deduction is limited to $10,000, will be difficult unless we look at charitable deductions...

read more

January 2019 Episode of Your Future Your Finances

This month on  Your Future Your Finances, Brian spoke with several peers in the insurance industry. First up is Darius Bakhtiar from Capitol Metro Financial Services. Darius and Brian discuss how individuals and business owners mitigate risk and protect...

read more

SSA Phishing

Many of you have likely received at least one of these “phishing” phone calls feigning to be the SSA, wanting you to provide personal data or to “verify” your Social Security number. Their blog article which is linked here, gives practical advice on how to...

read more

Does Money Equal Financial Wellness?

“Can money buy you happiness?”  It’s an age-old question – one that has been answered to some extent by the example of many unhappy millionaires.  But a few years ago, Nobel Prize winning economist, Angus Deaton set out to answer that very question with economic...

read more

It’s Not Too Early to Think About Next Christmas!

Now that the season is behind us, it is time to start planning for next year's Holiday Season.  It may not feel 'magical' to plan for the Holidays but it could certainly help make them less stressful and hence more 'magical'.  In an effort to avoid the splurge,...

read more

January 2019 Quarterly Market Update

Please take a moment to view our latest PSG Market Update (by clicking on image below). We encourage you to contact your PSG advisor with any follow-up questions. Feel free to also share this pertinent information with friends or business associates who may be...

read more

The Financial Press, Fear, and Your Retirement Income

Sometimes, I think the financial press does a disservice to investors. Consider the following excerpt from a December 30, 2018 Washington Post article titled. “Market’s recovery will face head winds”: Before stocks hit an all-time high in September, they had created...

read more

Market Insight: Markets Have a Way of Humbling Us

Just When You Thought it was Safe to Come Outside Earlier this month, yours truly penned a piece which leaned toward the optimistic side.  A rarity since I am not one to wear rose-colored glasses.  We were fresh off what seemed like positive developments on the US...

read more

December 2018 Episode of Your Future Your Finances

This month on Your Future Your Finances, Brian spoke with health professionals about nutrition and physical fitness.  These topics are just as important to your retirement as what your money is doing.  Thanks to Sharon McRae (first up) and Gigi Nash (starts minute...

read more

Market Insight – Rough Seas Subside

It’s not an all clear message but Santa just may pay us a visit this year. In the past 30 days, several risks have diminished: Trade:  Odds of all-out trade war have significantly decreased after the meeting on Saturday between President Trump and Chinese President Xi...

read more

Now May Be the Time to Convert your IRA to a ROTH IRA

Are you considering converting your Traditional IRA to a ROTH IRA?  Here is some 'food for thought' from Brian Kuhn. Read full article here:  https://www.engineeryourfinances.com/2018/11/why-now-may-be-the-time-to-convert-your-ira-to-a-roth/ Previously published at...

read more

What’s Missing in Your Benefits Package?

Healthy Employees = Healthy Business As the national spotlight on mental health continues to shine, the correlation between wellness and productivity is undeniable. Employers are actively searching for ways to facilitate a positive “culture of care” among their...

read more

New Episode of Your Future Your Finances

“The most recent episode of our television show Your Future Your Finances is available on YouTube and linked here.  Brian Kuhn, the host and a planner with Planning Solutions Group, interviews our very own Chief Investment Officer, Jon Giordani, for the first half of...

read more

Can Your Spouse Manage Your Retirement Plan

If You Die Today? If you die today, can your spouse manage your financial affairs? Actuary tables say that most likely the first person to die will be the male. So, is your wife prepared to take this on? If you are in a same-sex marriage, this is also a legitimate...

read more

Social Security Spoofing Scheme Surfaces

The below notice was recently posted by the Social Security Administration regarding attempts to get personal information from unsuspecting citizens.  You’ve probably noticed how caller ID’s can be changed to reflect virtually any dialing location desired.  Now it is...

read more

Retirement Plan Sponsors

A Guide to Choosing Your Fiduciary Advisor In recent years, investor advocates have become more concerned about establishing best practices when it comes to retirement plan services and advice. Consumer protection and education has been addressed by these advocates...

read more

October 2018 Quarterly Market Update

Please take a moment to view our latest PSG Market Update (by clicking on image below). We encourage you to contact your PSG advisor with any follow-up questions. Feel free to also share this pertinent information with friends or business associates who may be...

read more

Market Insight – Is the Sky Falling?

Headlines Sell Ads, Not Investment Advice ... Stock market corrections are not fun when it feels like the sky is falling or that this time is different than past sell-offs.  Guess what?  There have been 23 sell-offs of more than 5% over the past 10 years.   The...

read more

Your Future Your Finances – TV

Here is the October episode of Your Future Your Finances.  PSG Advisor, Brian Kuhn first interviews Mr. Rob Brown of ForBookLoversOnly about making it as an author these days, and then Mr. Adrian Simmons on accounting methods to help your entrepreneurship.  If you...

read more

Social Security: 2019 Cost of Living Adjustment

COLA adjustment for 2019 will be 2.8% For the first time since 2012, Social Security’s Cost of Living Adjustment (COLA) will exceed 2%. And while some retirees are left wanting more, it is instructive to note that since 2010 the COLA’s have included: • 3 increases of...

read more

Market Insight – Pick Your Poison

Pick your poison for what has led to the quick US stock market sell-off: Rising interest rates, upcoming elections, increasing uncertainty concerning the potential trade war with China and the potential negative impact of bad news to corporate earnings. This sell-off...

read more

Business Succession Planning

Don't Procrastinate Marketing, Sales, Customer Service, Deliverables, Business Relationships, Rent, Technology, Logistics, Benefits, Payroll. When you’re running a business, it’s easy to get hung up on the day-to-day activities and forget to plan for your future....

read more

Managing Financial Stress

There’s no question about it – stress contributes to poor mental and physical health. According to the American Psychological Society (APS) 2017 Stress Survey, 62% of Americans are stressed about money[1] and 65% are stressed about work. Oftentimes, financial stress...

read more

The Beginner’s Guide to Investing

For those getting started with investing, whether that’s investing in the stock market, a retirement plan through an employer, a house or investment property, or even investing further in yourself,  this article offers some beneficial perspective as you make financial...

read more

Retirement Plans and Fiduciary Liability

“A fiduciary duty is the highest standard of care. The person who has a fiduciary duty is called the fiduciary, and the person to whom he owes the duty, is typically referred to as the principal or the beneficiary. If an individual breaches the fiduciary duties, he or...

read more

Market Insight: Diversification Matters

“The beauty of diversification is it’s about as close as you can get to a free lunch in investing.” - Barry Ritholtz One of my favorite investment quotes – just not this year. With many asset classes in the red in 2018, frustrations are mounting. Aren’t fundamentals...

read more

Securing Your Wealth

Hire a Pro During a recent kitchen renovation in my home, I stood in my dining room as an electrician untangled a jumbled mess of electrical wiring. The dangling wires looked like spaghetti and I had absolutely no clue how to handle it. The electrician carefully...

read more

Early Retirement Fears!

Should I retire early? How do I pull the trigger? Am I ready? At the next cocktail party with your friends, tell them you are going to retire early. The reaction may run the gamut from jealousy to criticism. Next ask yourself if this doable. Some things to consider: •...

read more

Back to School – Back to Saving

ALL ABOUT 529 PLANS As the summer winds down and you prepare for the kids to go back to school, it’s a great time to set up or increase your funding in a 529 College Savings Plan.  What is a 529 College Savings Plan and how can it help you manage education costs while...

read more

Paint Night Fundraiser – Join Us!

PSG's Paint Night fundraiser is this Thursday, August 23rd at 6:00PM. Thank you to all who have signed up.  Can't wait to see you!   If you are still trying to decide what to do with your Thursday evening - we have a few seats available!  Come spend a couple hours...

read more

Do You Need Long Term Care Insurance?

The greatest fear people have about purchasing any kind of insurance is that they may pay for it and never even need it.   Long-Term Care Insurance is no different when it comes to this common anxiety.  After all, you are really only protecting yourself from a...

read more

Market Insight: Nuveen Meeting Highlights

Highlights of our Meeting with Nuveen Asset Management Fixed Income Strategy & Portfolio Manager Our investment team loves that we can discuss ideas with the brightest minds in the investment field. Last week, Doug Baker from Nuveen Asset Management visited our...

read more

The Doctor Is In

EIGHT WAYS TO CHECK YOUR FINANCIAL WELLNESS When you think of “Financial Wellness,” what immediately comes to mind? While it may be as simple as making sure you can pay your bills, there are many avenues you must explore to ensure your current and future financial...

read more

Retirement Account Wake Up Call

As a Baby Boomer - What is your answer to these questions? Are you a Baby Boomer approaching retirement? How many retirement accounts do you have? To help answer that question, it may be helpful to review all the different companies you have worked for over your...

read more

A Senior Scam Review

ARE YOUR PARENTS 'SITTING DUCKS'? Are your parents elderly? Do they enjoy attention? Do they answer their phone?  If the answers to these questions are Yes, it is worth your time to review the following phone scams with your parents: • Caller claims to be a Medicare...

read more

Market Insight: Overseas Stocks

Not Time to Abandon the Strategy Pick your poison on what has caused the international stock markets to experience the current correction.  A rising dollar and increasing interest rates, combined with the tit-for-tat trade/tariff tantrum between the Trump...

read more

Adjustments to Federal Employee Benefits

Observations on OPM's Recommended Adjustments to Federal Employee Benefits For those who are employed or retired from the Federal Government, here is a link to the latest article that Brian Kuhn, Certified Financial Planner® at Planning Solutions Group had published...

read more

Your Future, Your Finances TV Show

Below is a link to the latest edition of the TV show, Your Future Your Finances, that PSG Financial Planner Brian Kuhn hosts on Laurel TV.  He interviews guests on a wide variety of topics related to personal finance, current events and health.  In this episode Brian...

read more

The Art of Financial Planning

Let’s paint a picture of your financial future.  What does it look like?  Will you be painting it yourself, or will you hire a professional to help you?  For many people, financial planning is not a one-stop shop.  Over time, you encounter different companies, several...

read more

Are You a Dreamer or a Dream-Builder?

Everyone has dreams. Some dreams are born while sitting in rush hour traffic; a passing thought that begins with “what if?” Dreams come in all shapes and sizes, especially those relating to wealth: (I want to stop living paycheck to paycheck, I want to run my own...

read more

Market Insight: Bank Deregulation is Coming

The bill to ease regulation on banks finally passed the House yesterday and will be signed into law by President Trump.  The new bill should reduce costs and open growth opportunities for regional banks.  Dodd-Frank imposed significant costs and regulations on any...

read more

Tips on Raising Money-Savvy Kids

Your child’s introduction to economics is often a piggy bank. It’s an easy tool to teach them about our national currency and the concept of saving. At every stage of childhood and even into adulthood, parents can educate their kids to build lifelong financial skills....

read more

Market Insight – Frustrated Investors

Record Earnings but Prices not Following US and international stock market action has left investors feeling frustrated.  Lots of volatility but prices are pretty much flat year to date.  If you pulled a Rip Van Winkle and woke up from a 4-month nap, you missed a lot...

read more

Umbrella Insurance Coverage

THE $11 MILLION DOLLAR MISTAKE: Do you have a personal liability or umbrella policy? If not, consider the following settlements reported by the Baron Insurance Group: • A babysitter left a 5-month-old infant unattended in a walker. The infant toppled the walker,...

read more

Emotional Side of Retirement

There’s a children’s book called, “Stan the Hot Dog Man.”(1)  It’s about a man who works at a bakery for his entire life. When it comes time to celebrate his retirement, he doesn’t wonder what he will do next because he already has a plan. He buys a hot dog truck and...

read more

Funding the Kids – A Retirement Mistake?

How do we get children to use their own resources to “truly fly on their own?” This is an important question, for those who want to keep their kids from “blowing up” their retirement, or for high net worth families who want to develop children that can lead...

read more

Required Minimum Distributions (RMDs)

"What now?"  Eight Ways to Handle Income from Required Minimum Distributions The other day, a client said to me, “When I opened my IRA, I remember you saying something about RMDs, but when I heard age 70 ½, I tuned out the rest. Well, 70 snuck up on me and now I need...

read more

Market Insight

Headlines Matter Again for Investors Recall our theme for 2018 has been “Making Volatility Great Again”.  The past two months certainly fit the bill.  How did we know?  It’s not too difficult when 2017 was the least volatile stock market on record.  The largest...

read more

Social Security Hack You Should Be Aware Of

Equifax Resurfacing -  Now, here is a story. This past year a CPA age 67 who decided to delay his Social Security benefit to age 70 received a letter congratulating him on initiating his Social Security benefits. When the CPA dug into the matter, he found out that a...

read more

2018 Five Star Award Winners

Planning Solutions Group is proud to announce that we have nine planners who are recipients of the 2018 Five Star Wealth Manager Award, as seen in the February issue of Baltimore Magazine.  We have several multi-year recipients, but also two advisors who are receiving...

read more

Market Insight: Our Thoughts on Market Volatility

For the first time in 18 months, stock markets are experiencing a correction.  In 2017, record low volatility dominated markets.  Not once was there a 3% pullback in US stocks.  This complacency has been replaced by panic over the past several trading days.  A popular...

read more

Rising Rates – Ignore the Noise

Over the last 25 years, there have been 8 periods where the 10-year treasury bond’s interest rate increased by more than 1%. Four of these periods have occurred in the last 10 years - rising rate periods are nothing new. There are many different type of bonds– just...

read more

Market Insight: A Happy New Year

Tax Reform to Ring in 2018 The 2017 Tax Cuts and Jobs Act is headed to the President’s desk for signature.  This legislation has significant implications for businesses and individual taxpayers.   PSG Advisor, Steve Stern, summarizes the changes in the new law on our...

read more

The World Keeps Turning: Part 4 of a Series

Or, some year-end musings on market performance and what we do... While we are a planning firm helping clients accomplish their goals; retirement, college planning for children and grandchildren, protecting our client’s net worth, developing a sound legacy plan for an...

read more

ETF Investing

ETF investing is a little like stopping by your local bar on "Martini Mondays"...It’s fun, it’s cheap, and all your co-workers are doing it. When you add a menu of discounted automated advice offerings to the party it is easy to get carried away with the fun and...

read more

Market Insight

Checking in with Small Business It’s been a nearly a year since I last highlighted the optimism expressed by small business owners in the monthly survey by the NFIB Research Foundation. With policy uncertainty high and the feeling that our politicians aren’t...

read more

Create a Strategy NOW to Transfer Your Business

The vast majority of businesses are closely held small businesses. Unfortunately, less than one-third of these businesses will survive from the first to the second generation. While there are many reasons, three of the more common include family conflicts, hefty...

read more

New Planners Join PSG

Planning Solutions Group, LLC would like to welcome and introduce two new advisors to our firm’s growing family of advisors. Paul Miguel and Jared Knowles have joined PSG to advise High Net Worth clients and business owners. Paul Miguel is an Executive Vice President...

read more

The Holidays: An Opportunity for Family Meetings

Here we are in mid-October with Thanksgiving and the December Holiday season right around the corner. Time moves fast! But, these holidays offer us an opportunity as our families come together during the holiday season for family meetings! But, for planning purposes,...

read more

Take the Vacation

One perk of being a financial advisor is that of also getting to be a vacation sales consultant. I am not saying the vacation sales gig is easy but it is rewarding, and often necessary to help clients follow through on their retirement plans. I have been fortunate...

read more

Succession Planning for Today’s Auto Dealers

PSG’s Don Hannahs is partnering with DealersEdge in offering a free Live Webinar for Auto Dealers. Successful Succession Planning for Today’s Auto Dealers, on Thursday, October 5th at 1pm EST. The Live Webinar is free. As more and more auto dealers start looking to...

read more

Maryland Office
8161 Maple Lawn Blvd, Ste 400, Fulton, MD 20759
Phone: 301-543-6000 Toll Free: 888-740-3501

Virginia Office
2247 W. Great Neck Rd, Ste 201, Virginia Beach, VA 23451
Phone: 757-271-8824 Toll Free: 888-740-3501

© 2012–2016
Planning Solutions Group, LLC