Should You Rollover Your 401k to an IRA During Retirement?

When it comes to retirement planning, there is no one-size-fits-all approach that our retirement plan advisors would recommend for...

Travel in Style: Financial Tips For Your Summer Travels

Master the art of affordable summer travel with these expert financial tips. Plan smart, travel in style, save money.

Are You Eligible For The Residential Solar Energy Credit?

The Federal residential solar energy credit is a nonrefundable tax credit limited to 30% of the installation cost of...

Understanding the Debt Ceiling: Exploring its Implications and History

Together, we will delve into the current state of the debt ceiling, its historical context, factors contributing to its...

Understanding The 2023 Banking Crisis

In a recent episode of the Morris Financial Concept podcast, Bart Valley discusses the impact of the recent banking...

Understanding the Factors Behind the Q1 2023 Market Swings

In this video interview, we discuss the recent rise in the stock market with Bart Valley from Morris Financial...

How Financial Planning Is Kind of Like Running Your First Marathon…No Really!

As a former professional athlete, I thought I knew what I was getting into when I started training for...

How to Teach Your Grandchildren About Money

When it comes to money management, teaching kids the essentials provides them with a strong foundation and helps them...

How to Thrive in Retirement

As trusted financial planners in Charleston, SC, retirees sometimes struggle to settle in and find fulfillment in retirement —...

Understanding Deposit Insurance in the Wake of the Silicon Valley Bank Collapse

On the heels of the recent failure of Silicon Valley bank, it’s prudent to learn how much protection your...

How Politics Affect the Stock Market and Your Retirement

But how much does politics really affect the stock market? The professionals at Morris Financial Concepts, Inc. will walk...

Headline Hyperbole

If you pay much attention to the news, you likely notice a fondness for sensationalist language. Media too readily...

SECURE Act 2.0: How the New Legislation Could Affect Your Retirement Strategy

The Securing a Strong Retirement Act of 2022, also known as the SECURE 2.0 Act, was signed into law...

How to Avoid Behavioral Biases in Finance to Make Better Investments

Behavioral biases often can be pitfalls for investors, negatively impacting wealth accumulation over time. Behavioral mistakes cost real money,...

Planning vs. Predicting: Market Thoughts

After a sustained period of above-average equity market returns, stocks have struggled so far in 2022 as markets weigh...

What’s New For 2022

“May we live in interesting times,” and “All Things Work Together for Good,” These have been repeated themes for...

Beyond the Headlines: Portfolio Resilience

At Morris Financial Concepts, we’ve noticed that after a long period with almost no downside volatility, equity markets have...

Biden’s Build Back Better Act

Many may be concerned about the changes in the new taxes under the $1.75 trillion Build Back Better Act,...

Potential Economic Impacts of the Delta Strain

Businesses, schools, restaurants, and other establishments across the nation have reopened following increasing vaccinations and decreasing infections from the...

How to Get Tax-Free Income in Retirement

Life can get busy quickly (the understatement of the year). Between kids, work, pets, and friends, we often have...

What is a Living Trust and Do I Need One?

Unlike other types of trusts, a living trust is active while the grantor is — you guessed it —...

Robo-Advisor vs Fee-Only Financial Advisor: Which is Right for Me?

Here are the main differences between a robo-advisor or a more traditional financial advisor. Find out which is better...

Didn’t Get a Stimulus Check? You Might Still Qualify

Here’s what you need to know about qualifying for the latest Recovery Rebate stimulus package under the ARP.

Should Bitcoin Be In Your Investment Portfolio?

We have gathered a few key takeaways on Bitcoin and other cryptocurrencies for investors who are considering adding this...

5 Savvy Tax Planning Strategies to Maximize Your Return

Everyone knows that you have to file your taxes every year, yet many don’t know there is actually a...

A Beginner’s Guide to ESG Investing

Oftentimes, our monetary resources serve as a vehicle for us to share our values and beliefs with the world...

Getting Started With Your Retirement Planning

When you think about what financial goals are most important to you, retirement is probably near the top of...

Investment News: What Is Happening With GameStop Stocks?

If you have been watching the news lately, you have probably found yourself wondering, “What’s going on with this...

Financial Professionals: Wealth Manager vs Financial Advisor

Managing your finances can be a daunting task, which is why many individuals instead opt to enlist the help...

Is A Fee-Only Financial Planner Worth It?

If you have made your way to this blog, you have likely already asked yourself the age-old question: is...

Meet the Team: Bart Valley, Chartered Financial Analyst

As we eagerly open a new chapter in 2021, we are excited to introduce the newest addition to our...

4 Pillars to Financial Legacy Planning

You are living your legacy every day! This is what is really meant by the phrase ‘legacy planning’. The...

5 Steps to Making a Financial Comeback

With the ongoing COVID-19 pandemic, many families around the world are being forced to navigate a variety of financial...

How to Rethink Your Perspective On Money

Does health, happiness, and success for you and your loved ones depend on money or your financial resources? Financial...

How to Become a Successful Financial Planner

Kyra Morris and Tiffany Ritchie, Charleston CERTIFIED FINANCIAL PLANNER™ professionals at Morris Financial Concepts Inc., recently joined Caleb Brown,...

4 Tips to Keep Your Holiday Spending Under Wraps

It’s the most wonderful time of the year! The holiday season brings with it the warmth of a cozy...

Divided We Stand: How the 2020 Election Will Impact Our Economy

How a Divided Federal Government May Help the Economy History shows the American economy prefers checks and balances. Since...

Training for the Reindeer Run: A Fee-Only Financial Planner’s Journey

By Kyra Hollowell Morris, Fee-Only Financial Planner and Founder Being physically active is restorative to your mind and body,...

Caring for the Cause: How to Donate Responsibly

Many of our clients are passionate about making an impact by supporting causes that have touched their own lives....

Ask a Charleston Financial Planner: Should You Be Refinancing?

Refinancing rates are constantly changing, but amidst the ongoing effects of the coronavirus pandemic, we have seen dramatic decreases...

What Is Truly Important From a Financial Advisor in Mt. Pleasant SC

It is not over. This pandemic is still wreaking havoc with our lives. We still need to wear masks...

Remote College vs Online School: What’s a Better Investment

With the ongoing coronavirus pandemic, students and faculty around the nation and the globe have experienced a sharp rise...

The Financial Benefits of Board Games

The Rise of the Board Game Culture Not only can board games can save you money, but they can...

A Golf State of Mind by a Charleston Financial Planner

By Sean Palmer, Associate Financial Planner in Charleston at Morris Financial Concepts Avid golfers know that the nature of...

Best Laid Plans: Tips for Rescheduling Events

During the uncertain, chaotic period brought on by the rise in COVID-19 cases, effective management of the event planning...

Wine Philosophy by a Charleston Financial Planner

By Tiffany Ritchie, CERTIFIED FINANCIAL PLANNER professional at Morris Financial Concepts Wine lovers know that the perfect glass of...

Wellness Journey with a Charleston Financial Planner

By Kyra Hollowell Morris, CERTIFIED FINANCIAL PLANNER™ professional & Founder of Morris Financial Concepts on her wellness journey. Our...

Is Pet Insurance Worth It: A Charleston Financial Planner’s Perspective

Pets often act in such a human-like manner that we forget they aren’t actually our children. Even so, pets...

Five Rules to Improve Your Financial Health

Personal financial goals are all too important when planning for a healthy and happy future, but can certainly be...

Looking Past the COVID-19 Economy: A Historical Look at Previous Economic Bumps and Recoveries

There’s been a lot of discussion about COVID-19’s far-reaching economic effects over the past month and a half....

Virtual Travel in the time of COVID-19

It’s been almost two months since the COVID-19 pandemic began to make major changes to everyday life in South...

Spring Cleaning: Financial Checkup

Spring is the perfect time to clean out your closet, organize that spice cabinet, and take a magnifying glass...

The CARES Act: Breaking Down the Impact on Businesses

On March 27th, Congress passed the Coronavirus Aid, Relief and Economic Security, or C.A.R.E.S. Act in an effort to...

FAQs about the 2020 US Census

We hope you are staying safe and healthy as we tread through these interesting waters the Coronavirus has sent...

THE CARES Act: What it Means for Your Personal Finances

The COVID-19 Pandemic, also referred to as the Coronavirus disease, has affected numerous facets of so many lives; from...

Top Nine Most Overlooked Tax Deductions and Credits

With taxes due next month, you may already be well on your way to completing your 2019 tax returns....

How the SECURE Act Affects Retirees and Beneficiaries (and What You Can Do About It)

Last week we went over the basics of the SECURE Act’s provisions, who it will affect, and what the...

The Coronavirus and Market Uncertainty

People like to think they behave rationally at all times, but the truth is, we all allow emotions to...

What the SECURE Act Means for Retirement

A recently passed spending bill could have a big impact on your retirement plans. On December 20th, 2019 the...

Financially Savvy Tips for Traveling to Europe

It’s the new year and you’ve decided you’re going on a vacation to Europe — you’re going to have...

Introduction to Planned Giving

Think about what matters most to you. What are you passionate about and what do you want to continue...

Planning Your Finances for the Holiday Season

With the holidays already upon us and more coming up soon, you may be feeling the financial strain of...

How Legacy Planning Can Benefit You

There comes a time in everyone’s life when they begin considering the kind of legacy they want to leave...

Achieving the Lifestyle you Envision: Planning for Old Age

Death and taxes can be fairly grim topics, however, as the saying goes, “In this world, nothing is certain...

Why is Asset Allocation So Important?

Depending on how involved you are in finance, both personally and otherwise, “asset allocation” and “diversification” are likely two...

5 Signs You Know It’s Time to Hire a Financial Advisor

No matter your age or financial status, knowing your options when it comes to personal money and wealth management...

Are You on Fire? Breaking Down the FIRE Movement

Retiring at the age of 35. Sounds crazy, right? For proponents of the FIRE movement, that number is not...

As an Employer, Do I Need to Offer a Retirement Plan?

At the time of this writing, there are only ten states that require employers to offer a retirement plan...

Should You Always Max Out Contributions to Your 401(k)?

With 1 in 5 Americans having no retirement savings at all and 1 in 3 having less than $5000,...

Financial Wellness

Being “financially well” means that you are able to manage day-to-day expenses, save for long-term goals, and feel financially...

Do I Need a Wealth Manager?

If you have done any investigating in the realm of services offered by top-tier financial advisors, then you are...

What it Means to Have a Financial War Chest

We normally don’t think of our savings account as a war chest, but as you approach retirement it might...

Saving for your Children or Grandchildren’s Education

With tuition prices continuously on the rise, saving for your children’s or grandchildren’s education can seem like an insurmountable...

How Retirees Can Use Bond Ladders to Their Advantage

There comes a time for many of us when we choose to focus less on our work and more...

Safe Spending in Retirement

Determining exactly how much money you will need in your retirement years is no simple feat. No one wants...

A Guide to Safe Withdrawal Rates When Approaching Retirement

A common topic of conversation amongst middle-aged Americans or those approaching retirement age is the topic of income during...

Everything You Need to Know About Qualified Business Income Deductions

With the Tax Cuts and Job Act brought into action just last year, businesses and citizens everywhere are still...

Defining Qualified Charitable Distributions (QCDs) and How they Work

Qualified charitable distributions (QCD) are distributions from an Individual Retirement Account (IRA) owned by an individual who is age...

Choosing the Right Financial Advisor

The role of a financial advisor is to help you strategically manage your wealth over a period of time....

New Year, New Bank Account: How to Save Money in the New Year

As the end of January rolls around, the reality of your New Year’s resolutions are likely kicking in. While...

Top Financial Habits to Pass Along to your Kids

As parents, we only want the best for our children. We tend to serve not only as their chauffeurs...

The Path to Early Retirement for Physicians

The weight of retirement can often be overwhelming. Beyond the financial aspects of retiring, the physicians we have spoken...

Meet the Team: Savannah Cooper

Meet Savannah Cooper, our Associate Financial Advisor at Morris Financial Concepts. Name: Savannah Cooper Job Title: Associate Financial Advisor...

The October Effect

What is going on in the markets? The 3rd quarter of 2018 ended as the best quarter on the...

Winning the Lottery (and other daydreams)

You Won the Lottery! Now what? Private islands. A fleet of yachts. Dream cars. The recent $1.5 billion Mega...

The New Kiddie Tax/ No Kiddie Tax Rule

Historically, parents have moved investments under their children’s names to reduce the taxes on investment income, up to a...

Hacking Halloween: Budget Tips for the Holidays

As the days start to get shorter and the weather threatens to cool off, we creep closer and closer...

Morris Financial Concepts Launches New Website

As part of the second phase of our rebranding efforts, we are excited to announce the launch of Morris...

Doing Well and Doing Good with Sustainable Investing

Growing interest in the impact of fossil fuels on the global climate may spark questions about whether individuals can...

Taxes Matter – Highlights of 2018 Tax Changes

Taxes matter. Whether or not we agree the Tax Cuts and Jobs Act passed on December 22, 2017 is good for...

Major US Stock Indexes Drop: What Does It All Mean?

Snap! Thus ended the S&P 500’s longest streak in history without a pullback of at least 3 percent. The...

Education Funding – New Application for 529 Tuition Plans

No longer limited to college funding, 529 tuition plans can now be applied for private elementary and secondary education....

MFC Refreshes Its Look – 2018 Brand Update

We are excited to unveil Morris Financial Concepts’ updated brand identity. After careful consideration, we have developed a company...

Education Funding Part 2: Prepaid 529 Tuition Plans

As we recently discussed, not all 529 tuition planning options are the same. Another aspect of 529 plans are...

Meet the Team: Will Thomas, Summer Intern

Meet Will, the other half of the Summer Intern Duo! Will works with our other great MFC duo, the...

Meet The Team: Nick Bogart, Summer Intern

Meet Nick, one half of our 2018 Summer Intern Duo! Nick has already proven to be a worthy (and...

Navigating the Digital Frontier: Identity Protection Services

After last month’s post on password security, we received great questions regarding identity security concerns. Since there is a...

Keep Cool, and Your Cold Hard Cash in Your Wallet This Summer

After what seemed like an unseasonably cool spring, many of us are longing for the familiar Charleston heat and...

The Secret Password

Does your password pass the test? Now, more than ever, cybersecurity is essential as more and more of our...

Meet The Team: Alisson Grove, Financial Business Assistant

Of quartz she rocks! Meet Alisson Grove, the newest member of the MFC team. Alisson recently graduated from East Carolina...

Meet the Team: Jessie Haggerty, Marketing and Business Development Administrator

Meet Jessie, our Marketing & Business Development Administrator. Jessie came to our team during the big move and hit...

Tax Document Checklist

Do you have everything you need for this tax season? Don’t fret! Our Charleston financial advisors created this handy...

Major US Stock Indexes Drop: Wait for it (Part 2)

“The stock market didn’t get tested – you did,” the title of an article I read this morning I...

We need to plan for transportation density now

Transportation in the Charleston area is an issue that needs to be dealt with by the community as a...

What’s Going on Post-Brexit and What It Means

By Kyra Morris, contributing editor | History was made June 23 of this year when the United Kingdom (UK)...

One Region Targets Infrastructure, Education, & Housing

By Kyra Morris, Certified Financial Planner Charleston, SC and contributing editor | The Charleston area is our home. This...

Brexit Causes Uneasy Time in Global Markets but Don’t Panic!

History is made! May we live in interesting times – for sure! The citizens of Great Britain surprised the financial...

Future Bright for Volvo, Charleston

In May of 2015, Volvo chose South Carolina to build its first plant in North America. Volvo will build...

Let’s Talk Politics and the Markets

By Kyra Morris, contributing editor | This is an election year, and often we hear that election years are...

Teck’s Theme: Coming Together in Charleston SC

By Kyra Morris, contributing editor | “Coming Together” is the theme of Charleston’s newly-elected mayor, John Tecklenburg. Charleston does...

Advice On Financial New Year Resolutions

“Be always at war with your vices, at peace with your neighbors, and let each New Year find you...

Have a Financially Savvy Holiday Season

By Kyra Morris, contributing editor | As our bellies are now full from a wonderful Thanksgiving meal, it’s now...

The Blood Supermoon: Astronomical Phenomenon or Apocalypse?

By Kyra Morris, contributing editor 9/28/2015 | As USA Today put it, “It almost sounds like something from a...

Don’t Panic About Market Fluctuations

Written by contributing editor, Kyra Morris. August 31st | Ten days ago on Augst 21, the DOW fell more...

Our World Trade Center Is Making A Difference

Written by contributing editor, Kyra Morris. July 27th | Our world is a global world. Our markets are global...

Charleston Is Part of A Global Community

Written by contributing editor, Kyra Morris. July 13th | My husband and I traveled all over Australia last month....

The Hidden Jewel That’s No Longer Hidden

Written by contributing editor, Kyra Morris. 06/01/2015 | The nature of Charleston’s hidden jewel qualities is like a cell...

Bridge Run Is More Than A Race

The 30,000 participants and thousands of spectators celebrated the 37th Cooper River Bridge Run on March 28. Charleston’s local...

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In the Know

Should You Rollover Your 401k to an IRA During Retirement?

Travel in Style: Financial Tips For Your Summer Travels

Are You Eligible For The Residential Solar Energy Credit?

Understanding the Debt Ceiling: Exploring its Implications and History

Understanding The 2023 Banking Crisis

Understanding the Factors Behind the Q1 2023 Market Swings

How Financial Planning Is Kind of Like Running Your First Marathon…No Really!

How to Teach Your Grandchildren About Money

How to Thrive in Retirement

Understanding Deposit Insurance in the Wake of the Silicon Valley Bank Collapse

How Politics Affect the Stock Market and Your Retirement

Headline Hyperbole

SECURE Act 2.0: How the New Legislation Could Affect Your Retirement Strategy

How to Avoid Behavioral Biases in Finance to Make Better Investments

Planning vs. Predicting: Market Thoughts

What’s New For 2022

Beyond the Headlines: Portfolio Resilience

Biden’s Build Back Better Act

Potential Economic Impacts of the Delta Strain

How to Get Tax-Free Income in Retirement

What is a Living Trust and Do I Need One?

Robo-Advisor vs Fee-Only Financial Advisor: Which is Right for Me?

Didn’t Get a Stimulus Check? You Might Still Qualify

Should Bitcoin Be In Your Investment Portfolio?

5 Savvy Tax Planning Strategies to Maximize Your Return

A Beginner’s Guide to ESG Investing

Getting Started With Your Retirement Planning

Investment News: What Is Happening With GameStop Stocks?

Financial Professionals: Wealth Manager vs Financial Advisor

Is A Fee-Only Financial Planner Worth It?

Meet the Team: Bart Valley, Chartered Financial Analyst

4 Pillars to Financial Legacy Planning

5 Steps to Making a Financial Comeback

How to Rethink Your Perspective On Money

How to Become a Successful Financial Planner

4 Tips to Keep Your Holiday Spending Under Wraps

Divided We Stand: How the 2020 Election Will Impact Our Economy

Training for the Reindeer Run: A Fee-Only Financial Planner’s Journey

Caring for the Cause: How to Donate Responsibly

Ask a Charleston Financial Planner: Should You Be Refinancing?

What Is Truly Important From a Financial Advisor in Mt. Pleasant SC

Remote College vs Online School: What’s a Better Investment

The Financial Benefits of Board Games

A Golf State of Mind by a Charleston Financial Planner

Best Laid Plans: Tips for Rescheduling Events

Wine Philosophy by a Charleston Financial Planner

Wellness Journey with a Charleston Financial Planner

Is Pet Insurance Worth It: A Charleston Financial Planner’s Perspective

Five Rules to Improve Your Financial Health

Looking Past the COVID-19 Economy: A Historical Look at Previous Economic Bumps and Recoveries

Virtual Travel in the time of COVID-19

Spring Cleaning: Financial Checkup

The CARES Act: Breaking Down the Impact on Businesses

FAQs about the 2020 US Census

THE CARES Act: What it Means for Your Personal Finances

Top Nine Most Overlooked Tax Deductions and Credits

How the SECURE Act Affects Retirees and Beneficiaries (and What You Can Do About It)

The Coronavirus and Market Uncertainty

What the SECURE Act Means for Retirement

Financially Savvy Tips for Traveling to Europe

Introduction to Planned Giving

Planning Your Finances for the Holiday Season

How Legacy Planning Can Benefit You

Achieving the Lifestyle you Envision: Planning for Old Age

Why is Asset Allocation So Important?

5 Signs You Know It’s Time to Hire a Financial Advisor

Are You on Fire? Breaking Down the FIRE Movement