JFA Articles

EMPOWER YOUR ADULT CHILDREN

By Philip O. Johnson, CFP®

I seem to be taking on an added role as financial advisor — that of defender of my clients' retirement funds. I'm not fighting off thieves or con men or shady pitchmen. I'm stepping in to protect my clients from their own adult children! The problem is growing and unfortunately it reflects a widespread trend in America. Read More...

Ready or Not, Here Life Comes

By Philip O. Johnson, CFP®

A few words from the doctor had turned their whole life upside-down. First was shock, then fear, and then the reality of living one day at a time as Susie underwent multiple treatments of chemotherapy. She was too young to be facing a life-threatening illness. She still had weddings to plan and future grandchildren to spoil. How could this be happening? Read More...

Tax Relief is a “Good Thing” for the Economy in 2011

By Philip O. Johnson, CFP®

In December, President Obama signed into law the long awaited Tax Hike Prevention Act. The goal of this law is to give tax relief and help create jobs, and it extends many of the Bush-era individual and capital gain/dividend tax cuts for two more years.The bill’s total cost to the US Treasury is projected to be $858 billion. Individual taxpayers will receive the bulk of the benefit as the bill targets some $700 billion in tax breaks toward them.1 Taxpayers should enjoy these benefits while they can as some will expire at the end of this year, and most of the provisions at the end of 2012. Read More...

Investing in Family

By Philip O. Johnson, CFP®

Connection to family is an essential part of our biological and emotional identy, and it must be nurtured if it is to remain strong. For many of my clients, there is a growing philosophy, “I’d rather spend some of my money uniting my family while I am alive, rather than have it just disappear after I am gone.” Read More...

Working Hard to achieve “Middle-Class”

By Philip O. Johnson, CFP®

America, and specifically our home state of Arizona, had a thriving middle-class prior to the recession. Recent data, however, shows how deeply our population has been impacted. Our state lost about one-tenth of its jobs during this last recession, many of them being construction and blue-collar jobs tied to the housing industry.1 Now, one in five Arizona households lives in poverty. Read More...

I’m Handing You the Silver Platter

By Philip O. Johnson, CFP®

The children of the Depression grew up, went to war, and then started families. My siblings and I (as the Baby-Boom Generation) have lived during one of the most prosperous economic cycles in world history. Collectively, we have enjoyed a standard of living that has been unparalleled in any other society. Read More...