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National Media Continue to Herald the Benefits of:
Hourly, As-Needed Financial Planning and Advice ... The New Choice for Smart ConsumersTM
2005 Press Coverage / Media Interest
Reuters.com, March 30, 2005 – Idea #4 in Linda Stern’s column, “Finance: What to Do with Those Record Tax Refunds,” is to purchase a financial plan. In the article Stern references The Garrett Planning Network, Inc. as a resource for finding financial planning assistance.
Reuters.com, March 27, 2005 – In “Finance: Strategies for Military Folk,” Linda Stern provides suggestions on how military personnel and their families can find assistance with their unique challenges in handling their money. Stern points out that “the Financial Planning Association (www.FPAnet.org), The Garrett Planning Network (www.GarrettPlanningNetwork.com), and the Military Officers Association of America (www.MOAA.org), all offer reduced prices to “military folk” on quality financial planning services.
Physician’s Money Digest, March 15, 2005 – The article, “Conquer Debt by Curbing the Temptation of Credit,” discusses the widespread problem of inability to manage debt and how physicians are particularly vulnerable to this problem. Sheryl Garrett, CFP®, author of “Just Give Me the Answer$” and Founder of The Garrett Planning Network, offered suggestions for younger physicians just getting started in their career. A young couple Garrett knows “got so used to living like college students that they continued living that same frugal lifestyle for the next few years. They didn’t live up to the standards one would presume for a physician. That enabled them to knock out their debts quickly and focus on the rest of their lives.”
USA Today, March 10, 2005 – For ideas on how to use your tax refund, read “Put your refund to work for you” by Sandra Block of USA Today. One suggestion in the article is to hire a financial planner. “Hourly rates for fee-only planners range from $150 to $300,” says Sheryl Garrett, Founder of The Garrett Planning Network. So for $2400 (average tax refund as of 3-5-05), you could buy eight to sixteen hours of financial advice. “In that amount of time, a planner could review your retirement and education savings plans and help you figure out whether you're saving enough,” Garrett says.
Kansas City Star, March 6, 2005 – “Just Give Me the Answer$” by Sheryl Garrett, CFP® with Marie Swift and The Garrett Planning Network was listed as a source of retirement planning information in “Retirement Planning Resources.”
Washington Post, February 27, 2005 – Sheryl Garrett, CFP® and founder of The Garrett Planning Network was interviewed for her money management expertise in “Managing Marriages of Financial Opposites.” ''The fact that you and your partner or spouse don't see eye to eye on how to spend, save, and invest is completely normal," said Garrett, however “people compromise on where they are going to live or take vacations so they also need to compromise on how to spend, save, and invest."
Wall Street Journal, February 27, 2005 – The majority of employees do not know which investments to choose in their 401(k) accounts and employers do not help them. If you need help, “consider hiring a financial adviser,” writes Andrew Blackman in “Why the Boss Won’t Help With That 401(k).” “You can find advisers who charge by the hour at www.GarrettPlanningNetwork.com or www.feeonly.org,” the article recommends.
The Oregonian, February 21, 2005 – Sheryl Garrett, financial planner and author, thinks the debate over Social Security could presage a drastic shift in the way Americans think about retirement as people live longer and public resources grow increasingly scarce. “Rather than planning on a total break from work at age 65, most people will have to plan to continue working at least part time or at a slower pace as they age in order to maintain their standard of living,” she said. No matter what happens in Washington, D.C., Garrett plans to keep giving all her working clients the same piece of advice about Social Security: Don't count on it. "It's going to continue to shrink as a percentage of our total need," she said. "That I believe." Click here to read “Tax plan would hurt workers now in 40s.”
Newsweek, February 14, 2005 – According to the article, “Money: Dial a Planner,” you can go to www.GarrettPlanningNetwork.com to locate money pros that offer quick counseling for questions like "Which mortgage is better?" or "Should I dump this fund?" These advisers charge by the hour to answer everything from the quickie questions to the more complicated "I need a comprehensive retirement plan."
Los Angeles Times, February 13, 2005 – Syndicated Columnist, Eileen Ambrose, writes that the key to preventing money troubles from damaging a marriage is to talk about finances before walking down the aisle. “Unfortunately, we don't always talk about financial issues. It's so unromantic," said Sheryl Garrett, a Kansas financial planner, in “Get to know his/her credit history before saying ‘I do’.”
Pioneer Press, February 9, 2005 – Sheryl Garrett, CFP®, a financial planner who designed a national network of planners who will work on an hourly basis with moderate-income people, was interviewed on how to find a financial planner in “Hire a Financial Planner Only When You Need One.” The Garrett Planning Network Web site was also noted as a place to locate financial planners who charge an hourly fee.
Wall Street Journal, February 2, 2005 – In “American Express Plans to Spin Off Advisory Unit,” some advisers say that for big institutions like American Express, their hurdle is still that consumers have a desire to see advisers as trusted advocates, not salesmen for financial services giants trying to sell an array of products. "Consumers we talk to no longer want to be affiliated with supermarket kinds of financial-planning shops," said Sheryl Garrett, founder of the Garrett Planning Network.
AARP Magazine, January/February 2005 – In “Pension Panic,” Sheryl Garrett, CFP®, founder of The Garrett Planning Network, was interviewed for her expertise on whether it makes the most sense to take a lump sum payout or a monthly payout from your pension. The lump sum makes sense only if you're in bad health and don't expect to live long in retirement, or you're so wealthy that you're unlikely to outlive your assets, says Garrett. "And that's true," she adds, "regardless of whether interest rates are rising or falling."
Kiplinger’s Personal Finance, January 2005 – In “How to find the right financial adviser,” Anne Kates Smith guides readers through the maze of credentials financial advisers can have, the different services offered, the cost of advice and questions to ask when interviewing financial planners. The Garrett Planning Network was listed as a source to locate financial advisers.
Real Money, AM 760 Radio, January 15, 2005 – Are you ready to design your own destiny? If you haven't started planning for a sound financial future or don't know where to start – or if you'd like to make sure you're doing the right things, at the right time, in the right way – listen to this radio show segment and learn what you need to know. Sheryl Garrett, CFP®, one of the top 25 most influential people in financial planning today and founder of The Garrett Planning Network, shares tips and resources to help you get and stay on track. Click here to listen to this informative interview.
Chicago Tribune, January 9, 2005 – In “Early Advice Big Help, no matter how tiny the assets,” The Garrett Planning Network is noted as “a national database of fee-only advisers that's designed for middle-income investors and those just starting out.”
These articles were written by a professional financial journalist for The Garrett Planning Network, Inc. and is not intended as legal or investment advice. GPN makes no representations or warranties with respect to the accuracy of the information or ideas presented in these articles. Any use of such information or ideas is done at your sole risk and GPN disclaims all liability associated therewith. |