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Hello and welcome to the Purpose Planning blog. On this page of our website we will be posting periodically about certain financial vehicles we utilize, current events affecting the markets, and general information that you may find useful. We hope you enjoy the information and feel free to reach out to us through the contact page if you have any questions.

Tuesday, March 21, 2023

Tax Time is a great time to tighten up your online security measures! And you know we never miss an opportunity to remind you of ways to keep yourself safe online. Here are a few best practices to adopt or continue:Change your...

Wednesday, March 15, 2023

Key TakeawaysThe FDIC took over Silicon Valley Bank ("SVB") and Signature Bank last week.To boost the stability of the banking system, the government effectively protected all depositors in the banking system. While some risk...

Monday, January 23, 2023

The holiday season is over, and we now enter TAX SEASON!  As always, we wanted to remind you of important timeframes, give you some quick tips AND share new information to make this time of the year go as smoothly as possible...

Friday, December 2, 2022

"What do the kids want for Christmas?" As the mother of three young children and the only one of my siblings to procreate, I get this question a lot.  They have grandparents, great grandparents, aunts and uncles and great aunts...

Wednesday, November 9, 2022

By nature, emergencies are unpredictable. That’s why it’s so important for your emergency savings to be readily accessible when you need fast access to cash. Yet, many people “lock up” cash and short-term savings in time-deposit accounts...

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Wednesday, November 2, 2022

Traditionally, I’ve been a little cautious when people say, “it’s different this time.” After all, the past few years have seen more financial “firsts” than most.But despite that skepticism, this...

Monday, October 3, 2022

A couple of weeks ago Jennifer had the honor of being invited onto the "The Runway Decade" Podcast hosted by our friends Pete and Bill Bush of Horizon Financial Group. She had a great time talking about her up bringing, how her dad...

Thursday, September 15, 2022

If you’ve felt like stock prices were a little more volatile in 2022 than in recent years, your “spidey senses” are right on the money.The S&P 500 has posted 81 daily moves of at least 1% through August. Of those...

Tuesday, September 6, 2022

It’s time for your life insurance checkup. September is National Life Insurance Awareness Month, so it’s a great time to review your coverage. If you don’t have any life insurance, you’re not alone. Life...

Thursday, July 28, 2022

Remember when Covid-19 first hit, and we were all stuck at home in a weird time loop where clocks didn't exist, days didn't matter and no one seemed to be in a rush for anything? A weird kind of calm/chaos reigned and we felt frantic,...

Tuesday, July 5, 2022

 A bear market occurs when stocks fall 20 percent from a recent high. On Monday, June 13, 2022, the S&P 500 fell 22 percent from the last high set on January 3, 2022, thus officially entering a bear...

Wednesday, June 1, 2022

It is one of my greatest honors to assist our service members and their families with their planning and investment goals. As a service member, you receive or are eligible for a unique set of benefits that can be confusing and...

Thursday, April 21, 2022

With gas prices higher than ever and interest rates on the rise, Americans are starting to feel the pinch. The future may be weighing heavily on your mind.  The following was written by a fellow CFP® buddy of mine out of Ohio...

Friday, April 1, 2022

Over the years, clients occasionally come up with little nicknames for me: The Money Lady, The Checkbook Keeper, or My Money Coach. They are all fun and very much appreciated.  But there is one that has come up more than once, and...

Tuesday, March 1, 2022

As the situation in Ukraine intensifies by the hour, we wanted to share J.P. Morgan's Weekly Market Recap. While we know that geopolitical upheaval is unsettling on many levels, we urge you to remember that we have planned for the long...

Tuesday, February 1, 2022

I came across this article from our friends at City National Rochdale and wanted to share it with you. Over the years, I have seen women's financial power increase in really substantial and exciting ways and I wanted to take a moment to..

Tuesday, January 4, 2022

It's real talk time, woman to woman. I'm in my mid 30s and it wasn't until a conversation with our business coach in 2020 that I realized JUST how much I had let fear drive the decisions I had made especially when it came to my career. 

Thursday, December 2, 2021

Happy Holidays to all of you! It has been unseasonably warm here in Colorado. It felt quite strange putting up the tree and stockings last week as we begin our most favorite time of year. The high today is 72 degrees and we have not seen...

Tuesday, November 2, 2021

Last month, I brought you Stevie. This month, I give you Dusty. I asked him some equally deep questions and I was equally impressed with his answers. It took us SLIGHTLY longer to get around to food. These people are my kind of people!...

Monday, October 4, 2021

After our recent announcement of our strategic alliance with Spencer Financial, we are sure you have some BURNING questions about Stevie and Dusty. I took a deep, deep dive with them, and asked some really serious stuff and I am here...

Monday, August 16, 2021

We are living in a pivotal moment of American history, and there’s one word that best sums up our hope and optimism: resiliency.It’s in this spirit that I’d like to invite you and your family to join me IN THE ROOM...

Tuesday, August 10, 2021

Inflation is defined as the general upward price movement of goods and services in an economy. The key word is “general.” Inflation tends to be uneven and affects the price of some items more than others.If you’ve...

Thursday, July 15, 2021

As a part of my involvement with the Military Affairs Council (MAC), we at Purpose Planning have become aware of an initiative to provide in-room air conditioning units to 110 homes for junior enlisted families currently living at...

Thursday, July 1, 2021

Man, oh man! By any standard, the 2021 Angels Gala was a huge success. There were 582 attendees in person and 300 households in attendance online. In total, $407,000 was raised for Angel youth and families: THE MOST EVER! We watched...

Thursday, June 3, 2021

At the beginning of the year we urged you to work on getting your finances in order. Things like making sure all of your accounts have beneficiaries on them and knowing how to log into all of your online, financial accounts. But one...

Thursday, May 13, 2021

While the market continues the climb,

Thursday, March 25, 2021

When it comes to financial planning, women are likely to face different challenges than men. I've talked a lot about this. As a single women, a mother and a business owner, it is one of my greatest joys to help women achieve financial...

Thursday, March 18, 2021

Less than one month ahead of the traditional date, the I.R.S. has delayed the deadline for filing and paying taxes. The new deadline is May 17, 2021.1,2,3The delay follows continued disruption from the COVID-19 pandemic and a late...

Thursday, February 25, 2021

It's not an illusion, there ARE more little old ladies in the retirement homes than little old men. On average, women in the U.S. live longer than their male counterparts, making outliving their income in retirement a very real...

Thursday, February 18, 2021

You’re invited to an exclusive conversation with former Federal Reserve Chair Dr. Ben Bernanke, who helped guide the U.S. economy out of its worst recession of the century. His insights on how the economy can emerge and grow...

Monday, February 1, 2021

Well, it's February. How are your New Year's Resolutions coming along? Have you forgotten about them? Did you even make any? Well, we did! And we want to share them with you! In case you missed it, here is our 2021 New Year's...

Tuesday, January 5, 2021

With the holidays officially behind us, we enter everyone's LEAST favorite time of year, tax season. I know, I know, it is too soon to start thinking about all that. Don't worry, I will keep this short. Attached here is a list of the...

Monday, December 7, 2020

I love history, and every time I travel to somewhere new I want to learn a bit about the place. A few years ago I was in Maui, Hawaii for a conference. After a few days of work I spent a week playing tourist with my sister. I knew...

Thursday, November 19, 2020

Dearest friends, Is it too early to decorate for Christmas? Yes. Am I going to start doing it anyway? Also yes. My husband is one of the easiest going humans on the face of the planet (this is the single most important factor to the...

Thursday, October 29, 2020

As the U.S. presidential election draws near, expect to see more and more headlines that propose, "What will happen next if this person is elected?" or, "What policy changes to prepare for in the next four years?" In reality, however,...

Monday, October 26, 2020

For many years the government offered an annuity style retirement plan for those who served and then actually retired from military service. This used to be common practice for many industries. However, pensions and unions are a bit of...

Wednesday, September 2, 2020

As we make our way into September, we find ourselves planted firmly in the middle of an election season unlike any other in recent history. Nothing about 2020 has been typical, and this...

Thursday, August 20, 2020

Did you know that it wasn’t so long ago that women faced challenges in obtaining credit? In the 1960s and 1970s, legislation provided women with equal access to credit opportunities, paving the way for their independence and...

Monday, August 3, 2020

As we told you last month, we have recently added a new staff member and here she is! Sadie Boone has recently moved back to Colorado after having been gone for 30 years. She has been working in client support for the last 23 years...

Thursday, July 23, 2020

The pressures of being a women in today's world are higher than ever. Many women work outside of the home but are also still the primary care-giver for children AND aging parents (both their own parents and those of their spouses)....

Thursday, July 9, 2020

It has been hotter than Hades here in Colorado for the last week. So hot that it's pretty much impossible to send my little ones outside to play. We have been going to our community pool twice a week and that is a nice relief. And...

Thursday, July 2, 2020

It’s been a busy summer for the U.S. Treasury and the IRS as they continue to issue new guidance for several provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. As you know, 2020 RMDs have been suspended...

Wednesday, June 10, 2020

One of the reasons we love working with women is that they have a different set of challenges from their male counterparts. Often times women are paid less and work fewer years but live longer and are responsible for caring for not...

Thursday, May 28, 2020

In our second installment of Purpose Planning's employee spotlight we are talking about one of my most favorite people: ME! Haha! I've worked for Jennifer for many years now and I've spoken to most of you at one time or another, but...

Thursday, May 7, 2020

For many women like you, being financially secure is an important goal, whether you’re married, single, working, or staying home with children. This financial independence can give you a certain level of empowerment and...

Tuesday, May 5, 2020

Are you eligible for a stimulus check from the Treasury Department? As of Friday, April 24, the Internal Revenue Service said it had issued 88 million payments to individuals across the country. It plans to send out more than 150...

Thursday, April 30, 2020

Did you know that anyone registered to sell investment products can call themselves a "Financial Advisor"? It's a very broad term that can mean any number things regarding a persons experience and qualifications. On the other hand, the...

Sunday, April 26, 2020

Our clients are a huge part of our lives and we feel like we know all of you pretty well. So in the coming weeks we want to highlight each member of our exceptional team so that you all can get to know us on a deeper level. This week...

Monday, April 20, 2020

These are uncertain times. The market is swinging widely and it's hard to watch. Painful, even. We get it. We are feeling it as well. As we prepare to see our first quarter statements, I thought it would be a good idea to take a look...

Thursday, April 16, 2020

It is mid-April. For those of you who are losing track of time and space, that may come as a real shock. I know this last month has felt like approximately 2,546 days have passed, but you're wrong. It's all wrong. Everything is wrong....

Thursday, April 9, 2020

When stock markets experience sudden downturns, investors can feel anxious and make decisions detrimental to their long-term goals. After all, when you’ve worked hard for the money, it’s painful to see your account balances...

Thursday, April 2, 2020

As you know, things are rapidly changing from day to day during these extraordinary times. One big piece of news we want to highlight is that RMDs for 2020 have been waived. If you have an RMD scheduled or planned for this year we will...

Friday, March 27, 2020

Am I the only one who feels like we are living in a movie? Someone please tell me that I am correct in my understanding that this is 2020. Never in my wildest dreams did I think I would be hoarding toilet paper and searching the city...

Thursday, March 19, 2020

The COVID-19 situation has very rapidly grown to effect almost every aspect of our daily lives. Social distancing, strains on our healthcare system and negative economic impact are dominating the headlines. Businesses are trying to...

Monday, March 9, 2020

As the headlines are reporting, the equity market has entered correction territory. By definition, “correction” means it has closed 10% below its previously established record high close. Corrections are a common...

Sunday, March 1, 2020

One of the things we get asked about time and time again is Medicare. "What is covered, what isn't. When am I eligible?" The list goes on. So we wanted to take some time to try and answer a lot of those questions. You are eligible for...

Tuesday, February 11, 2020

Here at Purpose Planning we feel that it is vitality important to invest in our community. We believe that we have a responsibility to our large military population and their families. When we serve them, our entire city reaps the...

Thursday, January 30, 2020

It's everyone's favorite time of year- TAX SEASON! We wanted to take some time to remind you of important deadlines and some quick tips to make this most wonderful time of the year go as smoothly as possible. Also, there are some...

Thursday, January 23, 2020

Please see the latest commentary from Cetera Investment Management, Middle East Tensions Go from Boil to Simmer. This commentary discusses the recent developments in the Middle East. The stock market has been resilient to the recent...

Thursday, July 21, 2016

We thought it would be it would be beneficial to comment on the UK's exit from the European Union, better known as "Brexit." For global markets Brexit caused a significant hit; however, here in the US we are recovering. The UK will...