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10 Key Tips for Boosting Your Financial Fitness in 2011

James P. Terwilliger
James P. Terwilliger, PhD, CFP® is SVP, Manager Financial Planning Services, CFP® and can be reached at JTerwilliger@CNBank.com or (585) 419-0670 x50630.
J Fitzgerald
Jason Fitzgerald, CFP® is VP, Investment Officer, CFP® and can be reached at JFitzgerald@CNBank.com or 585-419-0670 x50628.
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We hope you enjoyed listening to "Ask the Experts" on 1180 WHAM, Sunday, January 30th at 8pm.

Ask the Experts is CNB's financial forum for education and advice as local experts answer your questions on financial topics that interest you. The experts of the last call included Jim Terwilliger, CFP®, Vice President and Financial Planning Manager, and Jason Fitzgerald, CFP®, Vice President and Investment Officer.

Highlights From the Show

Topic Audio Clip
Summary
The Top 10 Tips for Boosting Your Financial Fitness in 2011

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New tax-law change impacting your paycheck in 2011, and how you can take advantage of this change.

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Retirement Planning & Investment Diversification
How CNB can help you as you plan for retirement.

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The importance of asset allocation in your retirement portfolio.

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Why global diversification in your portfolio is critical.

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How asset class investing can broaden your opportunities within your portfolio.

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Withdrawals During Retirement
The "Rule of Thumb" for beginning withdrawals during retirement.

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Common mistakes when taking withdrawals during retirement.

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How you can best prepare for withdrawals during retirement.

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Saving for the Long Term
Saving for retirement applies to everyone, no matter how much you earn.

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Smart saving approach for education

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Are You Financially Fit?
Seeking help in planning for retirement is the first step in meeting your financial goals.

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Financial fitness is about more than just investing.

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You can also listen to the broadcast in its entirety here:  

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For questions, feel free to contact Jim Terwilliger  or Jason Fitzgerald .

 

This material is provided for general information purposes only and is not a recommendation or solicitation to buy or sell any particular security, product or service. Past performance is not indicative of future investment results. Any investment involves potential risk, including potential loss of capital. Before making any investment decision, please consult your legal, tax and financial advisors. Non-deposit investment products are not bank deposits and are not insured or guaranteed by Canandaigua National Bank & Trust, or any federal or state government or agency and are subject to investment risks, including possible loss of principal amount invested.

Tax information presented is not to be considered as tax advice and cannot be used for the purpose of avoiding tax penalties. Neither Canandaigua National Bank & Trust nor its affiliated Companies provide tax, legal, or accounting advice. Please consult your personal tax advisor, attorney, or accountant for advice on these matters.