Austin Asset

03/31/2023

When you retire, you get to bid farewell to the working world – that’s good news! The bad news? You’ll no longer have a paycheck coming in from your employer.

It goes without saying that retirement is a major transition, and that post-retirement will look different than the pre-retirement phase of your life. To address that, you’ll need to piece together a steady stream of income from different retirement sources: https://bit.ly/3fwYHa1

03/29/2023

Our Philosophy is that wealth management is an evolving process, not a one-time exercise.

Our primary responsibility is to be a catalyst for your financial future. You can trust that we are proactively looking out for you and your family, helping you create a lasting legacy for generations to come.

Austin Asset's financial planning counsel to you is consistent, honest, and focused on what you wish to accomplish. Learn more about our philosophy.

03/28/2023

One approach to preventing identity theft is to freeze your credit, the strongest defense against fraud—and under new federal law, you can do it free of charge.

Today, we get into the details on how doing so may be the best choice for you:

One approach to preventing identity theft is to freeze your credit, the strongest defense against fraud—and under new federal law, you can do it free of charge. We get into the details on how doing so may be the best choice for you.

03/20/2023

Did you know that Austin Asset is partnered with the McCombs School of Business, The University of Texas at Austin School of Business?

We're proud to be a part of the Wealth Management Program, which focuses on educating students, building partnerships with industry, leading academic and applied research, and facilitating community outreach.

Find out more information about the Wealth Management Center at the Texas McCombs School of Business.

03/17/2023

Today we'd love to introduce you to Jimmy B. Coffman, CFP®, CPA, CFA

As one of the longest-tenured Austin Asset team members, Jimmy is well-versed in helping clients prioritize and find a balance in their wealth planning strategy. For over 40 years, he has worked with individuals and businesses, guiding them in their financial and investment needs.

Jimmy enjoys spending time with his wife, as well as biking, hunting, and hanging with his son and two grandchildren.

03/14/2023

We live in an age of medical miracles. People live longer than ever before, and life expectancies are increasing at a steady rate. This means that many of us will be fortunate enough to still have our parents with us as we ourselves reach retirement age.

As our parent's age, however, their health may decline, and the greater the chance becomes that they will require home care, nursing home care, or other assisted living arrangements.

Your parents might find their savings depleted by the cost of paying for long-term health care. Long-term care insurance (LTCI) may be the solution.

03/11/2023

Whether your spring break plans are modest or lavish, having the right travel insurance can save you from some major financial pain. A solid travel insurance plan can help safeguard your trip investment and provide peace of mind if the unexpected derails your trip.

The right insurance can make your spring break better when something goes wrong. Here's how to determine if you have the coverage for your travel plans.

03/08/2023

Buying a car can be an exciting but time-consuming process. At Austin Asset, we often facilitate this process for our clients with the goal to save their valuable time and help them get a fair price.

To accomplish this goal, we follow a repeatable and straightforward 5 step process: https://bit.ly/39radkj

03/03/2023

Retirement plans established under Section 403(b) of the Internal Revenue Code, commonly referred to as 403(b) plans or “tax-sheltered annuities,” have become a popular type of employer-sponsored retirement plan.

This is our 403(b) plan breakdown:

A 403(b) plan is a retirement savings plan, sponsored by a tax-exempt organization or public school, that offers significant tax benefits...

03/03/2023

Today we'd love to introduce you to Jamie Ileks, CFP®, CPA!

Jamie is a natural at presenting and helping people understand complex information.

Prior to joining Austin Asset in 2007, she worked as an accountant and spent over a decade as an IT business analyst and project manager. While both fields work with numbers, she was always drawn to wealth management. So, being a member of the Wealth Planning team is a perfect fit!

02/28/2023

With interest rates leveling off, you might be thinking of purchasing a home or refinancing the one you have. But with so many different loan types, which do you choose? And, just like homes, mortgages come in many sizes and types.

As financial Advisors, below are some of the more common loan types we see clients use:

With so many different loan types, which do you chose? Just like homes, mortgages come in many sizes and types. Austin Asset can help you decide.

02/23/2023

If you’re like most Americans, you count on your employer for health insurance coverage. But what would happen to your health insurance if you suddenly stopped working or no longer qualified for benefits?

Fortunately, there’s the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA). COBRA can prove to be a real lifesaver for you and your family when your health coverage is jeopardized.

The Consolidated Omnibus Budget Reconciliation Act, or COBRA, can be a real lifesaver for you and your family when your health coverage is jeopardized.