Sep 032011
 

Exploring the powerful combination of feminine strengths & financial know-how.

You’ve spent a lifetime using your strengths as a woman to make smart decisions about life. Isn’t it time to apply those same strengths to managing your money?

As women we tend to be great at multi-tasking, developing relationships, communicating and working together. If you’re like most women, these same attributes have served you well all your life. So why aren’t you applying those same strengths to how you manage your money.

You will learn:
•    Why your Purpose in life should be the foundation to your wealth plan
•    How to incorporate your Multi-tasking skills to managing your money
•    Why chemistry is the #1 criteria when working with a financial advisor
You will leave this presentation:
•    With a fresh new perspective as to what your money can do for you
•    Feeling more confident in your ability to make great financial decisions
•    Excited about your future and inspired to take charge of your money
Tuesday, September 13
At Portage Country Club

6:30 p.m. – 8:30p.m.
Complimentary dinner will be served.
*R.S.V.P. By Friday the 9th
Tuesday, September 20
At Portage Country Club

6:30 p.m. – 8:30p.m.
Complimentary dinner will be served.

*R.S.V.P By Friday the 16th
Thursday, September 15
At Portage Country Club

6:30 p.m. – 8:30p.m.
Complimentary dinner will be served.
*R.S.V.P. By Tuesday the 13th
Thursday, September 22
At D’Agnese’s

11:30 a.m. – 1:30 p.m.
Complimentary lunch will be served.
*R.S.V.P. By Tuesday the 13th

Portage Country Club
240 North Portage Path
Akron, OH 44303-1299

D’Agnese’s
566 White Pond Dr.
Akron, Ohio 44320

Seating is limited. Please reply to Amy Vaccaro at 330-664-5500 or avaccaro@rwbaird.com

These events are intended for investors with investible assets of $200,000 or greater, and who are interested in exploring advanced financial strategies for managing wealth.

About Paula R. Chesser:

Paula R. Chesser is a Financial Advisor with Robert W. Baird & Co who specializes in people experiencing transitional events in their lives.  She recognizes these events often lead to unique financial challenges.  Paula’s guidance helps her clients turn those challenges into opportunities.  Her collaborative style allows her to quickly become your trusted financial partner.

Paula Chesser, CSA

Company: Robert W. Baird & Co., Inc.

Phone: 330.664.5500

Email: pchesser@rwbaird.com

Website: www.paulachesser.com

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 Posted by at 2:38 am
Aug 062011
 

Join me for a discussion focused on “Retirement:  Where do you go from here?” You will learn about how the future of retirement has changed and the impact it has on your role in preparing for it.  You will leave with strategies used to protect those precious assets.

Tuesday, August 23

5:30 – 7:30 pm

Portage Country Club

Complimentary cocktails and hors d’oeuvres will be served

Click on Events to learn details.

Savvy Women Invest on Purpose

You’ve spent a lifetime using your strengths as a woman to make smart decisions about life.  Isn’t it time to apply those same strengths to managing your money?  As women we tend to be great at multi-tasking, developing relationships, communicating and working together.  If you’re like most women, these same attributes have served you well all your life.  So why aren’t you applying those same strengths to how you manage your money?

Tuesday September 13 or Thursday September 15 or Tuesday September 20

6:30 – 8:30 pm

Portage Country Club

Complimentary dinner will be served

Thursday September22

11:30 am – 1:30 pm

D’Agnese’s on Whitepond

Complimentary lunch will be served

Click on Savvy Women Invest on Purpose to learn details.

Seating is limited for all events.  Reply to Amy Vaccaro at 330.664.5500 or avaccaro@rwbaird.com.

The above events are intended for investors with investable assets of $200,000 or greater and who are interested in exploring advanced financial strategies for managing wealth.

Paula R. Chesser is a Financial Advisor at Baird that specializes in Lifecycle Transitions.  Her passion is creating stability and guiding women experiencing a change such as retirement, loss of a loved one, job change, divorce or inheritance.  She recognizes these events often lead to unique financial challenges.  Her guidance turns those challenges into opportunities.  Paula’s collaborative style allows her to quickly become your trusted financial advisor.  She resides in the greater Akron community.

Paula Chesser, CSA

Company: Robert W. Baird & Co., Inc.

Phone: 330.664.5500

Email: pchesser@rwbaird.com

Website: www.paulachesser.com

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Jul 152011
 

Join us at Portage Country Club for “Wealth Talks with Paula”. This is an interactive discussion focused on current financial topics providing insights and solutions.

Thursday, July 21stMunicipal Bond Market: The reality is brighter than the headlines. Marc Crigger, Vice President, Blackrock

  • Is the worst behind us?
  • Expectations for remainder of 2011

Municipal bonds are not suitable for all investors, especially for those in lower tax brackets.

Wednesday, August 23rdRetirement: Where do you go from here? Marla Brennan, Retirement Consultant, Vice President, Allianz

  • Retirement has changed and so has your role in preparing for it
  • Explore strategies used to protect your retirement assets

Each event will be 5:30 pm – 7:30 pm at the Portage Country Club – in the Portage Room, 240 N. Portage Path, Akron (330.836.4994).   Complimentary cocktails and hors d’oeuvres will be served.

R.S.V.P. Seating is limited.  Please reply to Amy Vaccaro at 330.664.5500 or avaccaro@rwbaird.com.

These events are intended for investors with investible assets of $200,000 or greater, and who are interested in exploring advanced financial strategies for managing wealth.

SPONSORED BY:

Company: Robert W. Baird & Co., Inc.

Phone: 330.664.5500

Email: pchesser@rwbaird.com

Website: www.paulachesser.com

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Jun 102011
 

As high school seniors celebrate graduation, many of their parents are thinking about the large bills that will accompany the start of college in the fall. While a number of schools have already announced 2011–2012 tuition increases that are smaller than their historical averages, the price is still rising at a time when most household incomes are not. Meanwhile, inflation could hike the real cost – including room and board – even higher.

What you should know:
1.
College is one of the largest investments most individuals make.

However it is funded, higher education is a substantial expense for any family. For the 2010–2011 academic year, published averages for tuition, fees, room and board combined were:

    • $16,140 for in-state students at a public, four-year institution (up 6.1% from 2009–2010)1
    • $28,130 for out-of-state students at a public, four-year institution (up 5.6%)

Some of this can be attributed to state budget constraints in the wake of recent economic turmoil, but private non-profit four-year colleges also saw tuition increase to $36,993 (up 4.3%).1 It is worth noting that these increases occurred at a time when the general rate of inflation, which can directly impact the cost of living, was not as large a concern for most people as it has become today.

2.
Future tuition increases are something you can count on.

Regardless of the state of the economy or the rate of inflation, the cost of college tuition alone has increased annually by an average of 3% at private schools1 and 5.6% at public colleges and universities over the past decade. The chart on the next page shows projected annual tuition costs at private and public schools, assuming similar increases through 2021.

Annual Cost of College

3.
Federal student aid is available.

Recent reforms to lending have made federal aid more accessible to many lower-income families, opening the door to need-based grants and low-interest loans. However, income restrictions can disqualify the children of some middle-class families. Regardless of circumstances, it is recommended that you or your child fill out the Free Applications for Federal Student Aid (FAFSA). Forms are available at fafsa.ed.gov .

    • The deadline to submit the form is the end of June for the current school year (so if your child is already in college, you can still fill out an FAFSA for 2010–2011 and submit it by June 30).
    • Contact your child’s school for information about other aid opportunities and deadlines.
4.
May is “529 Month.”

State-sponsored 529 plans provide a tax-advantaged way to set aside money for the cost of a child’s education while taking full advantage of compounding over time.

    • Family and friends are all free to make contributions, which can qualify them for an income tax deduction in many states.
    • Accelerated gifting techniques for 529 plans offer the option for donors to maximize their contributions in a single year.
    • Earnings grow tax-deferred and are not subject to federal tax on withdrawals used for qualified higher education expenses.

What you should do now:

A child’s education is an important investment and a subject worth doing your homework on. Investigate your financial aid options and talk to your financial advisor about opening a 529 savings plan for the future college graduate in your life.

1Trends in College Pricing 2010 (The College Board)

Investors should consider the investment objectives, risks, charges and expenses associated with a 529 plan before investing. This and other information is available in a plan’s official statement. The official statement should be read carefully before investing.

Depending on your state of residence, there may be an in-state plan that provides tax and other benefits not available through an out-of-state plan. Before investing in any state’s 529 plan, you should consult your tax adviser.

Company: Robert W. Baird & Co., Inc.

Phone: 330.664.5500

Email: pchesser@rwbaird.com

Website: www.paulachesser.com

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May 152010
 

Women are living longer, but that doesn’t necessarily mean they are prepared for the risks of longevity. During their lifetimes, women tend to make less money than men and, in turn, save less for retirement. This leaves them more vulnerable in their later years and with fewer options.

The financial crisis only served to compound women’s concerns about not having enough money to last throughout their lifetimes. Now a report released last week from LIMRA indicated that more than half of middle-income women surveyed felt unsatisfied with their current financial situation and uncertain about their future financial needs. Even more worrisome is that almost a third of the women surveyed don’t know how to achieve their financial goals.

“What’s striking is that consistently, women in the middle market expressed more concern about their financial well-being than men did,” Nilufer Ahmed, a senior research director for LIMRA Markets Research, said in a press release.  “The recession has been hard on middle-income Americans, with many indicating that they have not made any progress or fallen behind on their financial goals.  Yet, the women we surveyed seemed to be more receptive to listening to financial services representatives for the tools and advice needed to achieve their financial goals.”

Saving enough for retirement is a concern for women and men alike, but 54% of women compared with 49% of men feel like they are not saving enough. Part of the reason for women’s worries about retirement savings is that women tend to be more risk-adverse and less likely to invest in stocks and mutual funds, which cuts into their savings, according to LIMRA.

Only four in 10 women (and men) say they develop a budget and save accordingly and less than 40% say they want help from a financial advisor to develop a lifetime or retirement income plan.  Most are unsure of where to get help or the costs involved.

LIMRA’s research found that women were more likely than men to feel they do not have adequate life insurance coverage to meet their family’s needs. Married women, in particular, tend to believe that their households need more life insurance coverage compared to married men, according to the firm.

In addition, LIMRA’s research found that being able to afford long-term care is also a higher priority for women.

Who have you spoken with about your worries? Schedule a complimentary discussion about your worries with Wendy Kouvaras, Financial Advisor with Rehmann Financial today. Wendy.kouvaras@rehmann.com 440.356.4537.

Wendy Kouvaras


Wendy Kouvaras

Medina Team
Company: Rehmann Financial
Phone: 216.536.8123
Email: wendy.kouvaras@rehmann.com
Website: www.rehmann.com

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 Posted by at 3:36 am

Resolve to Save

 Managing Money  Comments Off
Mar 072010
 

If you’re like most people, the start of a new year is a time for reflection and resolutions to make the new year better than the previous. Of course, all those grand plans for losing weight or exercising more usually fall by the wayside as life gets in the way.

This year, Primerica encourages you to make a resolution that you can keep…a resolution to start preparing for your future! With all the changes of 2009 behind us, right now is the perfect time to start making little changes that could have big benefits in the future.

These four tips will help you get started.

  1. Create a Budget. Have too much month left at the end of your money? A few dollars here and there don’t seem like much at the time, but when added up can equal a big chunk of money you didn’t realize you were spending! Creating and sticking to a budget is an easy way to identify exactly where your money’s going.
  2. Trim Expenses. Think about the expenses you have every month. There may be ways to trim costs by foregoing some conveniences – like specialty cable channel subscriptions or movie theater outings.
  3. Consider the Latte Factor. Getting into the habit of saving isn’t hard, it just takes practice. Start by cutting out small expenses first and put the money you would be spending on those things into a savings account. For example, if you purchase coffee every morning, try making your own brew at home a couple of times a week.
  4. Become a Bargain Hunter. You could save hundreds or even thousands of dollars a year by shopping around! It takes a little effort, but clipping coupons, purchasing items in bulk at discount stores and holding out for sales for big ticket items can really add up.

You Can Do It!
This year, resolve to take charge of your financial destiny! Your local Primerica representative can show you more ways to free up funds and start saving. Call today for your FREE Financial Needs Analysis and get on the road to a fantastic future.

Sarit Zamir  |  Primerica  |  216.470.3751  |  www.primerica.com/zamir |  szamir@primerica.com

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 Posted by at 9:35 pm