Fall happens to be one of my favorite times of the year. The heat of the summer is finally starting to subside and of course, it’s the beginning of football season. I spend many weekends taking in college and professional football and as I watch the ups and downs of America’s game it got me thinking. From a strategic and thought process, football and finance have many parallels.

We’ve talked on several other shows about the importance of estate planning and how some people engage in charitable planning or strategies. We invited a special guest to the North Main Financial Show, and you will quickly see that what he does dovetails nicely into the idea of being engaged in the community relative to charitable giving and estate planning.

As we move through life most of us live in the now worrying about getting to work on time, what to have for dinner, what sport do the kids have after school, and the list goes on. But what happens when the unexpected happens? Most of us have been there. The loss of a job, an unexpected divorce, or the death of a loved one, these life events can really throw things into upheaval.

When it comes to financial planning there is no one-size-fits-all option. As individuals, we all have different goals and objectives based on things like kids, marriage, work, age, and a host of other variables. When sitting down with your tax and/or financial advisor, it’s important to understand your asset allocation and what types of tax-deferred accounts you may have.

What does your income look like in retirement? Will you need to work part-time? Do you want to start a new business? Do you want to travel the world? These are all questions to ask yourself when retirement planning. To retirement plan is to plan for what you want your life to look like after paid work ends and that takes on many different forms in today’s world.

The list of insurance types is endless. From general insurance to property insurance and pet insurance, it seems as though there is insurance for just about anything you want nowadays. Recently on the North Main Financial Show we looked at a few of the more common types of insurance including auto/vehicle, property and liability insurance.

Here at North Main Financial we think it’s very important to be invested at a very high level in our communities and that includes not only other local business owners but our other institutions and educational spaces and it’s that relationship that we are going to highlight in this blog.

This topic may seem a little outside the norm, but I think you’ll find very quickly that we give special attention to planning from many angles. While we focus on financial planning here at North Main Financial, we have also focused on end-of-life topics that are important for us to keep in mind. All of us have to deal with this at some point.

This might be one of your least favorite subjects – the crossover between financial planning and taxes. At a time when many people are giving attention to their taxes, we are often giving clients information about tax implications.

When you think about estate planning you probably think about legacy-style families like the Kennedy’s or people who are “wealthy”. However, each of us have an estate according to the Internal Revenue Service (IRS) and each state we live in has a different set of regulations.