Featured in the Knoxville News Sentinel: June 19, 2018 Recently, I have been having mixed feelings about social media: Instagram, Facebook, Twitter, i.e., what are the positive and negative contributions to my overall well-being? On the positive side, it is often...
Paul K. Fain, III, CFP®
WBIR: Perks of Being a Stockholder
Fun Facts about Stock Ownership Owning shares of stock in a company makes you an owner of that company and some companies treat their shareholders like real owners - giving them discounts and rewards on products and services. HERE ARE SOME EXAMPLES OF SHAREHOLDER...
MEDICARE RUNNING SHORT
The fate of our Medicare and Social Security benefits are back in the news with the program’s annual report released June 5th. The news isn’t great but a crisis can be avoided. WHAT IS THE STATUS OF THESE GOVERNMENT PROGRAMS? Medicare’s finances were downgraded: the...
WBIR: How to be a Financial Jedi
Han Solo is back on the big screen this summer but here on the small screen, our moneyman Paul Fain has FIVE Star Wars lessons for becoming a Financial Planning Jedi. I GUESS WE HAVE START WITH…“MAY THE FORCE BE WITH YOU” Exactly! The Force encompasses...
KNS: How much money do you need for retirement?
Featured in the Knoxville News Sentinel: May 29, 2018 How much is enough? Obviously, it is a subjective question. Enough to just get by? Or enough to be “comfortable?” According to a 2017 Charles Schwab survey, respondents said they would be financially comfortable...
WBIR: Memorial Day
On Memorial Day we honored the fallen heroes that have served and sacrificed for our country. How was our economy influenced by military conflict? STARTING WITH WORLD WAR II (1941-45), HOW DID IT IMPACT OUR ECONOMY AND AMERICAN FAMILIES? World War II pulled us out of...
WBIR: Wedding Season
It is wedding season! Along with marital bliss, get out your checkbook, just ask the Royal Family! SO INQUIRING MINDS WANT TO KNOW, THE ROYAL WEDDING RIVETED THE WORLD, WHAT DID IT COST? The royal wedding of Prince Harry and Meghan Markle cost an estimated...
WBIR: The Mother’s Day Index
Often balancing employment, kids, spouse, and maintaining a household, moms are exhausted! Each year Salary.com estimates the monetary value of being a mom. Certified Financial Planner Paul Fain joined WBIR to explain the Mother’s Day Index 2018. WHAT DOES SALARY.COM...
WBIR: Saving for Retirement
ARE YOU ON TRACK? SAVING FOR RETIREMENT Would you believe that one in six Millennials has already saved $100,000? How much should YOU have saved to be ready for retirement? THAT FIGURE FOR MILLENNIALS IS SURPRISING… Some people in their 20s are strong savers! Lack of...
WBIR: Preparing for Expected and Unexpected Events
Aging is a natural process but not without its challenges. Families need to prepare for expected and unexpected events. WHAT ARE SOME OF THE EXPECTED EVENTS AS WE AGE? Vision loss Hearing loss Mobility loss WHAT ARE SOME OF THE UNEXPECTED EVENTS THAT COULD OCCUR?...