In The News
Recession Coming? For Millennials, it Doesn’t Matter Control spending, look for fees, and pay yo’ self: a financial retirement plan for Millennials
Thrive Global By Catherine Bartlett | There is an economic downturn projected for 2019. This recession follows years of a bull market but here’s a secret I learned: for Millennials, this dip doesn’t matter. After taking a Financial Literacy course, I realize it’s the long game that’s crucial for my retirement and assets.
CNBC by Darla Mercado–A nonprofit organization is giving millennials of modest means a kick start into adulthood. The plan is to teach them the tenets of personal finance and also to give them $1,000 toward their retirement. Say hello to the 3rd Decade, a free educational program offered by the TCI Foundation and founded by Bob Swift, a financial advisor at TCI Wealth Advisors, a fee-only firm in Tucson, Arizona.
Russ Wiles, The Republic | azcentral.com | Americans pay a price for procrastinating on financial matters, but many delay anyway. Missed financial opportunities abound, whether it's in getting a late start in retirement planning, failing to draw up a will or simply...
Johanna Willett | Tucson Life | A free Tucson course wants to make you the master of your money and a pro at personal finance. And they’re not even trying to sell you anything. Last year, my husband and I applied for the TCI Foundation’s 3rd Decade Program for 20- and 30-somethings and spent the fall semester learning about investing, insurance, housing, budgeting, debt and all of those other grown-up topics that make a big difference in your life.
Russ Wiles, The Republic | azcentral.com | Laura Walton of the TCI Foundation, a Tucson non-profit that provides free financial classes for moderate-income young adults, offers this tip: Start by putting a dollar in a money jar and increasing that by one dollar each week. By the final week of the year, you’d be putting away $52, and the jar would hold almost $1,400.
Russ Wiles | The Arizona Republic | There’s nothing wrong with talking to kids about money. Lessons about bank accounts, credit cards, the importance of saving and even investing can set young people along the path of successful money management.
Russ Wiles, The Republic | azcentral.com | It’s the most critical time to maximize your opportunities and plan for future financial success,” said Bob Swift, founder of TCI Wealth Advisors, an investment-management firm with offices in Arizona and four neighboring states. “People in their 20s have an asset, time, that they can’t afford to waste,” he said. “It would be a big mistake to let those 10 years go by without saving and investing as much as you can.”
Financial Planning Magazine | By Ann Marsh | How advisors are advancing financial literacy RIAs snag annual FP Pro Bono Awards for innovative programs.
Arizona Daily Star | By Johanna Willett | Sam Swift remembers monsoon rains pounding on a metal roof of a Tucson men’s shelter, as he — a young kid at the time — served dinner to homeless men alongside his father, Bob Swift. That is how his father, the founder and CEO of Tucson-based TCI Wealth Advisors Inc., taught him to live. “It’s a community that we like giving back to,” says Sam, a 31-year- old adviser and shareholder at his father’s firm. “We feel we have an obligation.”