Blog
Blog
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Life Lessons My Parents Taught Me
One of the joys of parenthood is passing wisdom on to the next generation (even if kids aren’tready to listen just yet!). Growing up, my father and I would go fly fishing together, wherethe lessons seemed to flow out of him like the ripples of the river. Lessons like: Have a legacy.Don’t be average, be excellent. […]
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The Top Mistakes Plan Sponsors Make: Part 2
In 2021, the Employee Benefits Security Administration (EBSA) collected $1.9 billion in qualified retirement plan violations and other enforcement actions. (1) As such, it’s more important than ever that plan sponsors are up to date on plan requirements and avoid costly mistakes. In our first article, we talked about the top four mistakes that retirement plan […]
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Wishing You a Happy Mother’s Day! (And a Fun Gift Idea)
Happy Mother’s Day to all the amazing and awesome moms out there! You deserve the very best and I hope you feel spoiled on your special day. Here’s the age-old question: What do you get an incredible mom who deserves the best? Flowers are the traditional choice (and COVID-free), and a spa treatment is now […]
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The Top Mistakes Plan Sponsors Make: Part 1
Sponsoring a workplace retirement plan is hard. Complying with ERISA regulations, understanding fiduciary responsibilities, and staying up to date on the ever-changing tax law are just a few of the challenges plan sponsors have to navigate. Because of these challenges, it’s not uncommon for plan sponsors to make mistakes. But as many of our clients […]
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Social Security Claiming Strategies for Single, Divorced & Widowed Women
You’ve worked hard for a relaxing and fulfilling retirement. You want them to be everything you dream of, which means you need a healthy dose of planning and strategizing to go along with your dreaming. And one important piece of the retirement planning puzzle that often gets overlooked is Social Security. Even though you have […]
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How Does Your Retirement Savings Compare to Your Neighbors’?
Humans are hard-wired to compare ourselves to benchmarks. (1) When those don’t exist, or the benchmarks are ambiguous or confusing, we compare ourselves to others. This is true in the age of social media and it’s especially true when it comes to retirement. We all want to know that we’re on the right track for […]
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What Should You Do About Inflation and Stock Market Volatility?
After a three-year rally, last week the financial markets marked their worst slide since the pandemic decline in March of 2020. (1) Last Monday’s intraday market dip put the S&P 500 down over 10%, which is officially called a “correction” on Wall Street. (2) While the market rallied towards the end of the day for a […]
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The Top Financial Concerns of Female Business Owners
It’s an exciting time to be a woman business owner! In 2021, 31% of all small businesses or franchises in the U.S. were owned by women, an increase of 4% since 2020, (1) and that’s in the face of a pandemic that greatly impacted most businesses! Although business owners work extremely hard and overcome significant […]
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A Personal Note During the Holiday Season
Happy Holidays from our team at Farrall Wealth! This year has certainly had its ups and downs, but we are always grateful to have clients like you. We appreciate your trust in us and the opportunity to provide exceptional service. It is our goal to help you feel confident in your future and prepared for […]
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What It’s Like to Partner With Farrall Wealth: Love, Rinse, and Repeat
We all have customer service stories that stand out—some horrifying, some that put a smile on our faces. Sometimes we’re shocked at the lack of service we receive and sometimes an experience is so good it earns our loyalty. Well, at Farrall Wealth, we don’t believe in subpar service. We’ve set up our entire firm […]