When I founded Echo Wealth Management in early 2015, I had a vision in mind for my new company: take complexity out of wealth management while helping clients gain the confidence to follow their dreams.  And over the past 18 months, through investing in cutting edge technology, and bringing Steve Drost and Tyler Lodahl aboard as associate wealth managers, I am thrilled by what we have achieved together: over $59 million in assets under management and 50 clients.  In addition, I

1. You should not rely on Medicare to pay for your long term care expenses.  Many people believe they can rely on Medicare to pay for any long-term care services they will need. However, Medicare only pays for long-term care if you require skilled services or recuperative care for a short period of time. Medicare does not pay for what comprises the majority of long-term care services - nonskilled assistance with Activities of Daily Living.
    
2. Many of you cannot count on Medicaid.

One of the biggest decisions many of our clients face is what to do with their 401(k) plan when they leave their employer. There is no clear cut answer as to whether you should roll over your 401(k) plan to an IRA, another employer’s 401(k) plan, or simply to leave it where it is, because it involves several different factors, including long term investment costs and the availability of investment options within the plans. Both can impact the long term performance of your retirement plan

In the story of Alice in Wonderland, Alice arrives at a fork in the road and wonders aloud which road to take. A smiling Cheshire Cat appears and asks her what her destination is, to which she replies, “I don’t know.” The toothy cat then proffers the only possible response, “Well, then it doesn’t matter.”

While it’s not the type of exchange that might actually occur in our lives, it should, especially as we consider our financial future. For many people, who have yet to clearly define their

In 2016, greater risks on a number of fronts are likely to increase the frequency and magnitude of volatility spikes for investors. 

More than five years ago, a client of mine who is a physician introduced me to Dr. Abul Sharah, who retired early from corporate life in Minnesota in 1999 and founded the International Village Clinic (IVC).  I learned that Abul had been born a fatherless, impoverished boy in Uttar Pradesh, India’s poorest province.  chance, brains, and hard work, he got an education and rose to senior engineering and marketing positions at Honeywell and MTS Systems over a 27-year career.

More than