Posted: 06/13/2024 At PDS Planning, we believe true wealth isn’t just about amassing money, but rather the full life we live. In our recent article, Living a Richer Life, we noted that a rich life can and should include a variety of priorities, including hobbies. That got us thinking about one of our favorite hobbies,…
By: Kevin DollPosted: 5/17/2024 Evolution of Financial Advisors and Fee Structures Can you believe the stock market is over 400 years old? Many things have changed over the years from trading platforms and technology to the types of assets you can buy and the way you can buy, sell, and hedge them. The financial industry has…
Posted: 05/17/2024 What does it mean to live a rich life? You will likely get a different answer from every person you ask. After all, being “rich” means different things to different people. At PDS Planning, we believe true wealth isn’t just about amassing money. It’s about personal growth, nurturing relationships, staying healthy, and making…
Posted: 04/22/20024 You want peace of mind you are prepared for retirement, and with that may also come the desire to know your adult children are also positioned for financial success. The fact is, being financially dependent isn’t good for either the adult child or the parents. What can you do to set them on…
Beyond Your Finances, PDS News
How is it possible we are already embarking on our journey for 2024? We all recognize as we age time appears to speed up. Of course, this is simply the relative relationship between one year and our total years. If you are five years old, one year represents 20% of your life. If you’re 50,…
By: Kevin Doll, CFP® Watching family members age is never easy but helping them with Alzheimer’s and dementia can be especially challenging financially and emotionally. The relationship and conversations will likely be changed forever and unfortunately you may be the only one who realizes it. It can be hard to maintain a tender relationship given…
Beyond Your Finances, PDS CARES
It’s no secret that all of us at PDS Planning care about our community. In fact, giving back to our community and the causes we care about is at the core of who we are. Founded in 2015, PDS CARES is a charitable fund with the Columbus Foundation that puts into action our commitment to…
Beyond Your Finances, Education Planning
By Luke Babner and Joel Bleskey With the school year in full swing, so is the official launch of what is said to be “the most affordable repayment plan ever created.” The SAVE plan, an updated version of the REPAYE plan, helps borrowers reduce their monthly loan payments and, in some circumstances, have their loans…
At PDS Planning, we believe in regular engagement with our clients. And on July 27 we got to spend the evening rooting for our very own Columbus Clippers with over 170 of you! The sun was scorching but the Clippers were looking hot! Debuting new uniforms, the Clippers transformed into Los Veleros de Columbus as…
Beyond Your Finances, Estate Planning, Retirement, Taxes
Don’t Put Off Tomorrow What You Can Do Today – Benjamin Franklin Tax season is behind us, markets are up and summer is in full swing! It’s hard to believe we’re nearly halfway through the year, but as you drive towards the beach or that mountain getaway, it’s also a great time to take stock…
Beyond Your Finances, Retirement
Breaking up is hard to do. The unfortunate truth is sometimes relationships just don’t work. This applies to spouses, friends, business associates – and financial advisors. You likely entered the relationship with your financial advisor with high hopes of increasing wealth and creating financial stability. However, clients often begin to realize their own expectations and…
Beyond Your Finances, Market Commentary
Interest rates have increased at a historic pace to slow inflation and high interest rates remain a hot topic during any economic conversation. We tend to focus on how high interest rates impact people negatively, but forget one of the biggest positives; cash yields are now attractive. Money Market/High Yield Savings At the start of…
Honoring Women in Financial Services As we recognize and celebrate Women’s History Month, we thought it was a good time to reflect on the impact of women in the financial services industry, in general, and particularly, here at PDS Planning. We acknowledge that the financial services space has a reputation as being an “old boy’s…
Beyond Your Finances, Market Commentary
Headlines today are dominated by Silicon Valley Bank’s (SVB) collapse and bank run today. We wanted to provide some initial context to this incredibly fluid situation with what we’ve learned so far before we left. What happened and why? SVB was a unique bank that had grown to the 16th largest in the country, but…
By Kevin Doll, CFP® Happy New Year and welcome to another new set of tax rules! The SECURE Act 2.0 was signed into law on December 23, 2020 as part of an omnibus budget bill for 2023. So, what does it mean for you? Another Change to Required Minimum Distributions (RMDs) Delayed from age 70.5…
