IN THE KNOW
Monthly Newsletter
February 2022
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In this month's newsletter, we want to congratulate Advisor Associate, Sarah Kircher, on her recent marriage! We've prepared an article that talks about love and money and the financial goals couples should work towards. As we enter tax season, we have included a helpful video on tax preparation tips. This month's employee spotlight shares the team's favorite winter sports activity. And as usual, we are sharing relevant investment articles and videos from Dimensional.
We are a firm that understands that managing your assets is about more than money. It is about empowering your future. At ML&R Wealth Management, we focus on you.
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We first want to congratulate our colleague Sarah Kircher on her recent marriage. We are so happy for Sarah and Christopher and the future they will share. This event prompted us to think about marriage and financial goals for couples and families, and we want to share with you information about how couples can best work together—specifically to address financial matters. We offer this advice gained from our own professional training and experience, and years of working with couples and families.
At the top of our list is the importance of establishing mutual financial goals for couples. We’ve found it is rare for couples to share the same goals at the outset of a marriage. So, we encourage you to sit down and talk through both long and short-term financial goals for yourselves, the marriage, and the family, whether existing or future. Differences should be expected, and compromise will probably be needed. This does not create a barrier for discussion but opens the door for couples to decide how to honor and merge their individual goals and, once this is accomplished, create a mutual plan.
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Vanessa McElwrath, Wealth Advisor at ML&R, recently sat down with Jenni Lee, of KVUE News, to discuss tips to help prepare taxpayers for filing their 2021 tax returns. She highlighted important documents you’ll need and when you can expect to receive them, along with a few ways you may be able to reduce your tax bill before the filing deadline.
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Employee Spotlight ~ Let's Talk to the Team |
In this year's monthly Employee Spotlight we will be asking fun questions to the team and sharing their answers in this section! |
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Non-Profit Shout-out
The Charlie Center is looking for monthly partners in the community to help make a difference in the Austin homeless crisis. The Charlie Center is a navigation center that helps provide humanitarian aid including assistance in obtaining identification documents, food stamps, filing taxes, housing application fees, housing deposits, and connecting people in need of healthcare to providers and services. The navigation center is open Sunday and Wednesday mornings in North Austin. They hope to expand staff beyond a volunteer basis as well as add more service days to meet the needs of our community.
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During their first year of existence in 2021, they moved 20 homeless friends into housing. |
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The mission of The Charlie Center is moving people from homelessness into housing. And our continuous work is loving people between the two.
Connect with The Charlie Center here!
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By Karen Umland, Senior Investment Director and Vice President
Recent conflict between Russia and Ukraine is an important reminder that geopolitical risk is a part of investing in global markets. Navigating geopolitical events requires expertise and flexibility. Dimensional’s systematic active approach is designed to adjust to new information in real time, including information about geopolitical events and their potential repercussions for markets.
By Weston Wellington, Vice President
Invariably, the question behind the question is, “Should I be doing something different in my portfolio?” This is just another version of the market timing question dressed in different clothes. Should I sell stocks and wait for a more favorable outlook to buy them back? More precisely, can we find clear trading rules that will tell us when to buy or hold stocks, when to sell, when to admit our mistakes, and so on?
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Subscribe to our 401(k) Plan Services Quarterly Newsletter |
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Are you responsible for administering your company's 401(k) plan?
Would you like more insight and resources regarding the retirement plan services industry?
If so, please subscribe to our 401(k) Plan Services Quarterly Newsletter. You can check out the last few issues below.
See our latest Retirement Plan Services articles:
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What's Happening in Austin Next Month |
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About ML&R Wealth Management: |
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At ML&R Wealth Management, we take investing personally. Your ML&R Wealth Management advisor will work to develop a lasting relationship with you, keeping in touch to understand your changing goals and to provide an asset management strategy to help achieve them. Whenever you need sound financial advice, you have a direct line to a trusted advisor.
For over 20 years, we have served individuals, families, businesses, and nonprofits with wealth management services, custom retirement and 401(k) plans, and portfolio management.
We believe in accountability and transparency and operate as a fee-only advisor with fees calculated solely on assets under management.
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