Dr. Nicholas E. Michels, CFP® Email-Based Scams are on the Rise this Holiday Season With billions of emails sent globally each day, it’s no wonder that email compromise has become one of the largest and most financially damaging online crimes. In an email-based scam, fraudsters send an email that appears to come from a known …
Dr. Nicholas E. Michels, CFP® Did you know that 90% of Americans do not maximize their Social Security benefits? As a father, I do not like the word entitled. However, when it comes to your Social Security, these absolutely are benefits owed to you, and we want to help you receive the most money possible. …
Top 11 Strategies for Maximizing Your Social Security Benefits Read More »
Dr. Nicholas E. Michels, CFP® Michels Family Financial recommends five easy steps that will help you build a solid financial foundation for now and in the future: Begin with the end in mind Understand your starting point Create your plan Put your plan into action Monitor and repeat Schedule Checkups It’s normal to be concerned …
By Dr. Nicholas E. Michels Why Rebalance? Manage Risk The process behind rebalancing helps manage risk in two ways. (1) It maintains your original investment objective, and (2) it maintains your risk profile. According to a historical analysis of accounts during market turmoil conducted by Morningstar, portfolios that WEREN’T rebalanced in the middle of a tumultuous …
