What’s Your Plan?

What’s Your Plan?

Taking time to write down your action plan for retirement is the optimal way to ensure you have the best retirement. But the key is to simply ​start planning now​. After personally experiencing the benefits of thorough planning in my flying career, as well as in my financial life, I have become even more passionate about making sure all of our Leading Edge clients “have a plan.” Whether you are near the end of your career, rapidly approaching retirement, or you’ve just begun your professional adventure, I’m absolutely convinced financial planning will allow you to enjoy your career (and retirement!) more. As you begin the process of setting financial goals and planning for a great retirement, consider the following questions…

The Strategy Is In the Long Game – 2019 3rd Quarter Financial Review

The Strategy Is In the Long Game – 2019 3rd Quarter Financial Review

Investing is not golf. You don’t win with your short game. The 3rd quarter of 2019 reminded us that investing requires a long game approach. Short term investors didn’t see great returns in the 3rd quarter; it was an unexciting period of time. In his quarterly review, Kevin goes over the numbers, touches on some unexpected outcomes and explains why you should invest your money for at least 10 years to ensure the highest probability of success.

What Type and How Much Life Insurance You Need

What Type and How Much Life Insurance You Need

Discussing life insurance can be a difficult and emotional experience. None of us want to think about ever needing it, but it is crucial to be prepared for the possibility. Charlie and Ben discuss which type of life insurance you need, how much, and if your children need it as well. They also address if you should purchase AD&D insurance.

Long Term Care Insurance.  Do You Need It?

Long Term Care Insurance. Do You Need It?

Long Term Care Insurance is a lesser-known benefit that is often misunderstood but increasingly important as we are living longer.  Charlie and Ben explain what long term care insurance is and why you should consider it. They also address how it can serve to protect your financial assets, if and when you should buy it and how the 6 Activities of Daily Living affect your ability to receive benefits.

Negative Yields in Our Future?

Negative Yields in Our Future?

It might surprise you to know that some of the world’s largest banks are lending their assets for negative yields.  Basically, they were taking deposits with a promise that the lenders wouldn’t get all their money back. Why would they do this?

Kevin Gormley

Kevin specializes in working with high-income earners who need assistance in managing company incentive plans, maximizing their investments, and minimizing taxes. He also specializes in cash flow planning for pre-retirees and retirees, and helping them make planning decisions regarding their Social Security benefits. Kevin holds the CERTIFIED FINANCIAL PLANNER™ (CFP®) and the Personal Financial Specialist (PFS) professional designations. Kevin is an active Certified Public Accountant (CPA) in the state of Tennessee. In addition to Leading Edge Financial Planning, Kevin was an Adjunct Professor and taught a Personal Finance class at Maryville College for the J term in January, 2016 and January, 2017. Kevin is a member of the American Institute of Certified Public Accountants (AICPA), the Tennessee Society of Certified Public Accountants (TSCPA), and is a Board member on the East Tennessee Financial Planning Association (FPA).