Reason Financial

When you think about income in retirement, there are a number of sources you might be able to use. When and how you use these different income streams can have a big impact on your retirement budget; they’re a key part of a holistic retirement plan. Let’s go over some of the most common sources…

When it comes to putting a down payment on a home, the 20% rule may be less important than your personal budget. Ultimately, your ongoing monthly mortgage payments are going to have a much bigger impact on your finances than your initial down payment, so as you think about how much to save and put…

Great Question – Let Ask AI When we asked AI if they are coming for us this is how they responded: If you’re asking whether AI will replace jobs or disrupt industries, it’s important to note that AI has the potential to both create and replace jobs, depending on the industry and specific roles. Some…

Whether you’re already engaged or just starting to discuss it, marriage can be a financial decision as well as a romantic one. Thinking through some of the bigger questions early on can help set you up for success long beyond the wedding. After all, the goal is alignment and cohesion in all areas of married…

There are some new faces at Reason Financial! In August we merged with Michael R. Boulger, CPA, an accounting, tax, and planning firm we have worked with closely for the last 12 years. The opportunity to add experienced and knowledgeable tax professionals to the Reason Financial & Tax brain trust was something we could not…

For many Americans, the decision to buy a house is the biggest financial decision of their lives up to that point. It’s also a topic surrounded by misinformation, from TikTok videos advocating real estate over a 401(k) to experts who warn against incurring any debt even in the form of a mortgage. With home prices…

Pick a major wisely, because estimated career earnings vary widely. A degree is an investment for the future. While future earnings should not be the primary motivator in choosing a field of study, they should help inform how much you plan to spend in obtaining that degree. Check out our various resources on planning for…

In financial planning, people love to ask what their “number” is for retirement. One of the most frequently asked questions is: How much do I need to have in order to retire? A lesser-asked question is: How much do I need to save to pay for my kids’ college? This is a complicated question for…

When it comes to building a financial plan, our goal is to help you achieve your goals. Often, clients want to help their children pay for college. And while we love helping families work toward this goal, we’ve also noticed a number of misconceptions around how college fits into a broader financial plan. In this…