Over the past year, we’ve had an uptick in clients coming to us with permanent life insurance (e.g. whole life or universal life) questions. As a result, we took a hard look at how such policies work and why and whether it might be beneficial to own some for savings purposes, even when there isn’t a truly permanent life insurance need. The attached is what we learned. … Read more
Artemis is pleased to announce a new service offering designed to teach young professionals the basics of personal finance. Taught by a member of the Artemis team, the course covers everything a recent graduate needs to know to begin to manage their financial affairs responsibly.
- How to establish a budget and savings goals
- Principles of sound investing
- Managing credit and debt
- How to optimize
Real estate has been a major topic in almost all of our recent financial planning engagements. We have tackled a variety of scenarios, including whether to rent vs. buy, the pros and cons associated with real estate investing, and trading up for a larger home.
Today we are publishing content about the costs of owning a vacation home. In this research, we focused on uncovering the … Read more
In a recent blog post, we shared some strategies for maintaining an emergency fund and reasons why you may not even need one at all. The downside of a large emergency fund is what’s known as “cash drag”—the very low (often negative) real rate of return on cash that drags down your investment portfolio’s overall rate of return. However, there are valid situations where a … Read more
Most clients come to us having heard the adage of keeping three to six months’ worth of expenses in cash as an emergency fund. For affluent families, this rule of thumb can mean sidelining well over $100,000. While it can be comforting to know you have plenty of money to cover the unexpected, doing so comes with the opportunity cost of missing out on significant … Read more