Alex

/Alex Sutherland

About Alex Sutherland

Alex joined his Father in the business in 2012 and brings unique background to his work with Clients. He received a Bachelor of Science degree with a dual major in Mechanical Engineering and Trumpet Performance from Iowa State University of Science and Technology. He was a 2009 Corps Member for Teach For America, in which he served as a secondary mathematics teacher in rural North Carolina. Currently, Alex serves as an investment advisor for clients at LifePlan.

Charitable Giving: Using Your Required Minimum Distributions

Once you reach age 70 ½, the IRS requires you to take distributions from your traditional retirement accounts (IRA, 401k, etc.). These distributions are, of course, taxable as ordinary income and go on line 15b of your 1040. So, what happens if your RMD is larger than what you need to support your lifestyle? Remember, [...]

By | December 14th, 2016|blog|

Financial Markets and Presidential Elections

There’s a saying that with enough prodding, you can make statistics say whatever you want. We believe this is especially true for the loads of data surrounding presidential elections. It’s possible to use the data to say two different things about the economy, depending on the point you’re trying to make. For example, one analyst [...]

By | October 13th, 2016|blog|

How to know when you have enough money to retire

This article was originally posted on NY Daily News, written by contributors Alex and Ken Sutherland. You can access that article by clicking here. How much is enough to retire? One of the most frequently asked questions when we meet with potential new clients looking to retire is, "How do I know if I have [...]

By | March 12th, 2016|Uncategorized|

Turning 66? Take advantage of Social Security ‘file & suspend’ strategy before it’s too late

his article was originally posted on NY Daily News, written by contributors Alex and Ken Sutherland. You can access that article by clicking here. We all know that Social Security is an important part of retirement income. Particularly now with so much market volatility and uncertainty, the need for secure, reliable income is in high [...]

By | March 4th, 2016|Uncategorized|

Special Needs May Require Special Consideration

When purchasing life insurance for a child with special needs, an assumption is often made that a high coverage amount is necessary since he or she may need support long after the parents pass away. However, a  meeting with a financial professional may reveal this isn’t always the case. This is an instance where excess [...]

By | February 12th, 2016|Uncategorized|

Making the ‘Great Transition’ into retirement in a scary time for seniors

This article was originally posted on NY Daily News, written by contributors Alex and Ken Sutherland. You can access that article by clicking here. Why is it that looking forward to one of the most exciting times of our lives can also be one of the scariest? You've been working towards retirement for years so [...]

By | January 29th, 2016|Uncategorized|

Brain Power Translates to Staying Power

We keep hearing about how life expectancy has increased, and today’s retirees are living longer than ever. However, longevity behooves that we (1) take measures to retain good health and mental acumen as we get older and (2) develop a long-term financial strategy to provide for ourselves and our loved ones in retirement. We can [...]

By | January 22nd, 2016|Uncategorized|