View Post

Why Invest Globally?

In Asset Allocation, Company News by Chip Hymiller

The U.S. stock market has really been on a tear!  This is especially true when comparing the performance of U.S. stocks to international stocks.  You will note in the table below that over the last year the S&P 500 (U.S. stocks) has outperformed its international counterpart by more than 22%!  This disparity in performance becomes even more magnified when considering …

View Post

Beacon Welcomes Nick Faulkner!

In Asset Allocation, Company News by Chip Hymiller

Meet the newest member of the Beacon team, Nick Faulkner.  Nick attended the University of North Carolina at Wilmington where he earned a Bachelor of Science in Business Administration with a concentration in Finance.  Having worked at an independent financial planning and wealth management firm, as well as in the insurance industry, Nick has experience in key areas of the …

View Post

Understanding Required Minimum Distribution (RMD) Rules

In Asset Allocation, Company News, General Financial Planning, Personal Financial Planning, Retirement Planning by Chip Hymiller

Required Minimum Distribution (RMD) Fast Facts: Required Minimum Distributions (RMDs) are based on: December 31st account values and… A person’s life expectancy There is currently no annual RMD requirement on Roth IRAs Neglecting to take a RMD can result in a penalty of 50% on the amount of the required to be withdrawn Required Minimum Distributions: A Deeper Look Those …

View Post

Planning for Life in a Retirement Community—Things To Consider

In Asset Allocation, Company News, General Financial Planning, Retirement Planning by Chip Hymiller

There is no doubt that people are living longer and enjoying a higher quality of life in their retirement years.  Given the high demand of retirement communities, which can include independent living and assisted living alternatives, many are taking a proactive approach in evaluating and moving into these communities—prior to health changes that could warrant the necessity to move in. …

View Post

Beacon Has Moved!

In Asset Allocation, Company News by Chip Hymiller

We have recently moved our office.  We are still located on Six Forks Rd., but we are now located about a mile south of our prior location.  The following is our new address: Beacon Financial Strategies 7100 Six Forks Rd., Ste. 135 Raleigh, NC 27615 We are located in the MyEyeDr building.  Enter our office from the lobby – we …

View Post

Beacon Financial Strategies Welcomes Bill Dix, CFP® and Manuela Meyer

In Asset Allocation, Company News by Chip Hymiller

Chip Hymiller, CFP® and Erin Campbell, CPA/PFS, CFP® principals of Beacon Financial Strategies, are pleased to announce that William “Bill” Dix, CFP®, founder of Raleigh-based Fortune Management, LLC, has joined the firm. “We are very excited to have the opportunity to work alongside an industry veteran with the knowledge, experience and reputation that Bill brings to the table,” said Chip …

View Post

Beacon Financial Strategies Celebrates 10 Years!

In Asset Allocation, Company News by Chip Hymiller

It is very hard to believe, but Beacon Financial Strategies recently celebrated our 10th year in business.  While so very much has changed over the last 10 years, one thing remains the same—we absolutely love our “jobs!” We would like to extend our sincerest gratitude to those of you who have entrusted Beacon to provide financial guidance to you and …

View Post

Beacon Participates in CPA Day of Service

In Asset Allocation, Company News by Chip Hymiller

On Friday, September 19, 2014, Beacon professionals joined hundreds of CPAs across the state who participated in the NC Association of Certified Public Accountants’ day of service. Erin Campbell and Chip Hymiller volunteered with about 50 other CPAs at the Food Bank of NC sorting and packaging donated foods. It was great to get out of the office and spend time helping others!

View Post

Chip Hymiller, CFP® Interviewed about Financial Wellness

In Cash Flow and Budgeting, College & Education Savings, Company News, General Financial Planning, Investments, Personal Finance, Personal Financial Planning, Retirement Planning by Chip Hymiller

Chip Hymiller, CFP® was recently interviewed on the show Community Matters with host, Bill LuMaye. The topic for the show was financial wellness. Chip’s segment of the show highlighted the need to prioritize financial goals, manage debt and develop a strategic long term plan.

View Post

Beacon Sponsors Charity Golf Event

In Company News by Chip Hymiller

On May 12th, Beacon Financial Strategies was a proud sponsor of the Breathe Deep 1st Annual Golf Classic in Memory of Ray Charbonneau.  The event, held at MacGregor Downs Country Club in Cary, NC was organized to benefit LUNGevity whose vision is “A world where no one dies of lung cancer.”