Blog

By Jim Shellenberger, CFA, CFP® We all love secrets, right? Especially when they benefit us. While a backdoor Roth IRA isn’t the world’s best-kept secret, it’s one that surprisingly few people know about and understand. If you’ve never heard of this type of IRA before, let’s explore what it is and how it could help […]

By Jim Shellenberger, CFA, CFP® When we were kids, our parents likely told us to save money, especially for times when we might need it.  Now that we’re adults, we work, aim for promotions, and save part of our pay in a savings account every month. It sounds good, but then you realize that while

By Jim Shellenberger, CFA, CFP® When you encounter an emergency, it often goes hand in hand with an unexpected cost. Whether it’s a car repair, a hospital visit, or a leak in the roof, having emergency savings can act as a safeguard against those surprise expenses. We’ll explore the essentials of creating an emergency savings

By Jim Shellenberger, CFA, CFP® Financial professionals offer a range of services, from investment advice and management to financial planning and wealth management. Although these terms are often used interchangeably, they involve different processes and outcomes. It’s a common misconception that these terms are synonyms for the same thing, but that couldn’t be further from

By Jim Shellenberger, CFA, CFP® Surprises are usually enjoyable—unless it’s time to file your taxes. For many people, tax season is a time of stress and anxiety, especially after all the economic instability over the past few years. Navigating the intricacies of your own finances and the continually changing tax codes and regulations can be

By Jim Shellenberger, CFA, CFP® Working decades of your life to one day reach retirement is a goal most of us share. But we all know someone who seems to be doing more, traveling more, and just enjoying everyday life more than most. You may find yourself asking, “How can I live in the now

By Jim Shellenberger, CFA, CFP® Money is an essential part of our lives, yet many of us often don’t learn the fundamental principles of personal finance until later in life. Many schools don’t offer personal finance education, and it’s not a given that your parents will teach you the basics. Adding to that, when we

By Jim Shellenberger, CFA, CFP® Small business owners have a lot to think about: daily business operations, attracting and retaining both customers and employees, and managing cash flow are just a few that top the list. When you add retirement planning to the mix, it can feel downright overwhelming. Thankfully there are many retirement plans

By Jim Shellenberger, CFA, CFP® Happy Holidays from our team at Elevate Wealth Management! Although this year had its ups and downs, one thing that never wavered is our gratitude for clients like you. We appreciate your ongoing trust in us and the opportunity to provide exceptional service. It’s always our top priority to help

By Jim Shellenberger, CFA, CFP® Retirement is a major milestone, and achieving a successful retirement requires decades of planning and saving. There are several ways to save; one of the most common is a Roth IRA.  A Roth IRA comes with certain tax benefits, but there are some important differences between a Roth IRA and