Family Financial Planning

PWR works with families in all financial brackets. We recognize that parents, especially families with young children, benefit from the guidance to make important financial decisions.

Whether you are raising a child with a partner or are a single parent, you need to know the right amount of money to save towards retirement and your child’s education.  With the birth of a new child, you may find yourself needing a bigger house, a new car to accommodate car seats and more life insurance to protect your growing family. How much house can you afford? How much insurance do you need? How do you balance saving for retirement and college while maintaining a work-life balance? We answer all of these questions and help you prioritize so you can have the peace of mind that you are on track.

PWR has a particular focus on family financial planning because we believe it is so important to establish strategies providing for the needs of the family members early on. We simplify the planning process in a way that is clear and easy to understand regardless of your prior financial knowledge.

Every family needs a Comprehensive Financial Plan. We enjoy helping families organize and structure their finances, and we would like to do the same for you.

 

Your Finances, Your Way

Planning Within Reach is committed to helping you achieve your financial goals. We're here to help, which is why we offer free resources. Download this tip sheet to learn some practical advice on controlling spending.

Download Now

Impact Investing: The Lingo

Impact Investing is an investment strategy that seeks to create a positive social and / or environmental change while also generating a financial return. People interested in impact investing have expressed to us confusion over the many acronyms and terms used. This is our first post in a series on impact investing where we focus on demystifying the most common lingo. ESG stands for Environmental, Social and corporate Governance. The ESG factors were developed as a way to categorize areas... Read More

The Tax Implications of Donation-Based Crowdfunding

Are you considering setting up a crowdfunding campaign for yourself, or someone you know, to help pay for medical bills, tuition, or raise money for a cause? While there are different types of crowdfunding, we address donation-based crowdfunding in this post since it is the kind we see most often. Money received from donation-based crowdfunding should be considered gifts, and therefore non-taxable. However, payment processors used by crowdfunding sites, such as Paypal, may issue a Form 1099-K to the recipient... Read More