Latest news with #CFP
Yahoo
11 hours ago
- Business
- Yahoo
Retiring in 2026? 6 Reasons You Should Delay Those Plans
At nearly halfway through 2025, some folks may be eyeballing 2026 for retirement for any number of reasons. Find Out: Read Next: Getting to that point is a great accomplishment if you're well prepared, but if you aren't, you could be putting yourself in a state of undue stress right as you hope to be relaxing into a more leisurely life. Financial experts suggested some reasons you might want to delay a 2026 retirement. If you haven't thoroughly mapped out your retirement income sources, projected expenses (including potential long-term care costs), and developed a solid investment strategy to address any shortfalls and market volatility, it may be wise to delay retirement, according to Christine Lam, a CFP and investment advisor representative at Financial Investment Team. 'Typically, retirement planning conversations begin five to 10 years ahead of a projected retirement date,' she said. She strongly recommended consulting a financial planner for a comprehensive retirement analysis and cash flow projection well before retirement. Learn More: Social Security benefits are calculated based on your highest 35 years of earnings, Lam said. If your work history includes several years with little or no income, continuing to work could help replace those lower-earning years with higher-income ones, which increases your future Social Security benefits, she pointed out. 'Additionally, delaying the start of Social Security benefits beyond full retirement age (generally age 67) can result in a permanent increase in your monthly payout,' she said. Careful Social Security planning is a key part of retirement planning. Unfortunately, in 2026, you may still be retiring into a time of elevated interest rates, sticky inflation and uneven market performance, all of which can disrupt portfolio withdrawals and reduce purchasing power, according to Christopher Stroup, CFP and owner of Silicon Beach Financial. 'Retiring into volatility without a plan for sequencing risk, especially for equity-heavy portfolios, can erode long-term wealth,' he said. These times require flexibility and proactive planning. People retiring before age 65 should consider the implications of losing employer-sponsored health insurance, Lam said. 'Since Medicare eligibility begins at age 65, those with ongoing health issues may find it beneficial to remain employed in order to maintain coverage,' she said. Stroup agreed, saying that the cost of rising out-of-pocket expenses and Medicare premiums can eat into fixed retirement income. 'Delaying retirement gives you time to build a health savings account (HSA), extend employer coverage or optimize Medicare enrollment to avoid late penalties and income-related premium surcharges,' Stroup said. An added benefit of delaying your retirement and working longer is that it may allow you to delay required minimum distributions (RMDs), the payments you are required to take from your retirement accounts by age 70. This means you can avoid tapping taxable accounts too soon and can contribute more to retirement plans, Stroup explained. 'Entrepreneurs can also better time business exits to manage capital gains and harvest deductions strategically,' he said. The stock market has been volatile this year, largely due to tariff trade wars, but if you were to retire into an economic downturn, you risk 'locking in investment losses by withdrawing at depressed values,' Stroup said. Thus, delaying retirement gives your portfolio more time to recover and reduces the number of years you'll rely on it for income. Before retiring, use this checklist to make sure you're ready. Here's what you should have: A reliable income stream that covers essential expenses Adequate emergency and healthcare reserves A tax-efficient withdrawal strategy A plan for long-term care and inflation protection Confidence that your portfolio can weather market shocks As with all significant financial planning, if you can work with a trusted financial advisor, you'll rest assured that you've covered all your bases by retirement. More From GOBankingRates 25 Places To Buy a Home If You Want It To Gain Value This article originally appeared on Retiring in 2026? 6 Reasons You Should Delay Those Plans Sign in to access your portfolio
Miami Herald
a day ago
- Sport
- Miami Herald
Arizona State Offense Preview 2025: Sam Leavitt Takes Over the Sun Devil Attack
The Sun Devil offense was brutally effective and was great on third downs, blasted away with the ground game, was third in the nation in fewest turnovers, and led the Big Ten and was tenth in the nation in time of loses a superstar in running back Cam Skattebo, but offensive coordinator Marcus Arroyo is still around, and helped by the transfer portal, this year's attack might be even more talented. X CFN, Fiu | CFN Facebook | Bluesky Fiu, CFN2025 Arizona State Preview Arizona State Defense BreakdownSeason Prediction, Win Total, Keys to Season - Let's cut to the chase - how do you replace someone like Cam Skattebo? The Heisman finalist ran for over 1,700 yards with 21 touchdowns, and caught 45 passes for 605 yards and three Kyson Brown doesn't have the power of Skattebo, but he ran for 351 yards and two scores last season. Kanye Udoh (Army) should be the new star coming off a massive ten-touchdown season, averaging over six yards per carry. - The passing game should do even more. Sam Leavitt is a baller's baller, finishing second on the team with 443 yards and five scores, and throwing for almost 3,000 yards with 24 touchdowns and six picks. The sophomore quarterback will be the signature star, and well-traveled veteran Jeff Sims is good enough to fill in when needed. - Jordyn Tyson will once again be among the Big 12's best receivers. Dangerous in the slot, he's back and healthy after missing the Big 12 Championship and CFP battle with Texas. Before that, he caught 75 passes for 1,101 yards and ten McClain is back to push for the outside job, but Noble Johnson (Clemson) has the wheels to be in the mix. Jalen Moss caught 103 passes with ten scores over the last two years at Fresno State. Tight end Chamon Metayer was third on the team with 32 catches with five touchdowns. - The line that was so solid gets back a slew of star parts. All-Big 12 blocker Ben Coleman can play center or guard, Josh Atkins is great at left tackle, and the right side is intact with Max Iheanachor at tackle and Kyle Scott at guard. The fifth spot will likely to go to transfer Jimeto Obigbo (Texas State) on the inside if Makua Pule doesn't grab the center State Defense Breakdown 2025 Arizona State Preview Season Prediction, Win Total, Keys to Season © 2025 The Arena Group Holdings, Inc. All rights reserved.
Time of India
a day ago
- Sport
- Time of India
CFP mandates player availability reports beginning next season in push for transparency
Image Source: Getty The College Football Playoff (CFP) is set to require official availability reports for players beginning with the 2025–26 season in a decision that brings college football closer to professional levels of transparency and scrutiny. CFP has launched a program designed to increase transparency and preserve the integrity of its games that will provide weekly and pregame updates on the status of all players participating in CFP games. It follows in the footsteps of the SEC and Big Ten, where similar protocols had already been installed, and it is a big departure from an era when programs dished out injury and participation information without much penalty. Transparency in CFP injury reports and game-day updates Playoff teams, per the new CFP mandate, will be required to report injuries mid-week, with each player denoted as 'available,' 'questionable,' or 'out.' Following a system similar to the NFL and SEC, the reports will be published publicly and updated again prior to kickoff at 90 minutes. The intent is to reduce ambiguity about player availability and to level out the playing field for all CFP participants by, for example, standardizing information that previously had come out on different levels or had not been revealed at all. The premise of increased transparency is also part of an effort to curb the growing impact of sports betting in college sports. The CFP believes its plan, with player statuses publicly available in centralized reports, will diminish the incentive to leak information from insiders and also cut off the unfair advantages enjoyed by those with access to such information behind the scenes. This is a forward-thinking move to safeguard not only the sport but the players from outside influences. Compliance, enforcement, and impact on college football betting As a result, accurate injury updates have become integral to fairness and credibility as sports betting has seen a significant rise in legalization. Organizers of CFPs will fall under enforcement models along the lines currently used by the SEC, where penalties begin at $25,000 for non-compliance and climb with repeat offenses. This framework for accountability is intended to discourage teams or coaches from concealing critical player information or providing false updates, tactics that could manipulate betting lines and competitive balance. Also Read: Boston College gives first official look at new football uniforms for 2025 season The CFP is shining a brighter light on this and assisting the sports world with increased transparency by requiring an official availability report to keep pace with this ever-increasing gambling environment. Rather, system features are already being trumpeted by people such as Kirby Smart, who said the system "relieves pressure on our kids," who frequently hear from gamblers or media outsiders. How the CFP handles this will probably be unprecedented for postseason football and might also set a precedent in the rest of the NCAA landscape. Game On Season 1 kicks off with Sakshi Malik's inspiring story. Watch Episode 1 here
Cision Canada
a day ago
- Business
- Cision Canada
FP Canada™ Announces Changes to Board of Directors
, CFP ® has been appointed Chair of the FP Canada Board; Christopher Dewdney, CFP, has been appointed Vice Chair. Paul Lalonde, and Jeff Cormier, CFP, are joining the FP Canada Board of Directors as new members. TORONTO, June 19, 2025 /CNW/ - FP Canada today announces changes to its board. Teresa Black Hughes, CFP, has been appointed Chair of the FP Canada Board of Directors. She will replace Ronald Harvey, CFP, who will serve as Past Chair. Christopher Dewdney, CFP, will serve as Vice Chair. Two new members, Paul Lalonde, and Jeff Cormier, CFP, will also be joining the board, while Yves L. Giroux, will be departing. New Chair (and former Vice Chair) Teresa Black Hughes has been a member of the board since 2020. Ms. Black Hughes is a Financial Advisor and Portfolio Manager at RGF Integrated Wealth Management. She has over 35 years of experience providing financial advice and is based in Vancouver, B.C. Christopher Dewdney is the new Vice Chair of the FP Canada Board. He's Principal and Founder of Dewdney & Co., a boutique financial planning firm in Toronto, ON, and has been practicing for over 20 years. He's been a member of the board since 2021. New board member Paul Lalonde, is Head of BMO Wealth Planning, Trust and Insurance Advisory Services, Financial Planning. He has over 20 years of experience in wealth management and earned his Financial Planner ( designation in 2011. Jeff Cormier, CFP, is also new to FP Canada's board. Mr. Cormier is President and Senior Financial Planner of Group financier Cormier Wealth Management, a position he's held since 2009. He's been a Certified Financial Planner ® professional since 2008. "Volunteers who possess high levels of relevant knowledge and expertise are critical to the success of FP Canada's board," says Tashia Batstone, FP Canada President and CEO. "Paul and Jeff bring unique perspectives to their new roles as board members, which are informed by their past and ongoing achievements in financial services as well as their many strengths as leaders in the industry. I'm excited to see how their contributions will help shape FP Canada as we continue to work toward our mandate." An additional change will see the departure of Ronald Harvey from his role as chair. He'll be taking on the position of Past Chair for the next year, which entails, in part, providing counsel to the new Chair. Yves Giroux, who has been a member of the board of directors since 2019, will also be leaving the board, as his terms have ended. "Ron and Yves have made invaluable contributions to the board," says Teresa Black Hughes, Chair of the FP Canada Board of Directors. "Their insights, which were greatly admired by their fellow board members, have been a testament to their ongoing dedication to the financial planning profession. I'd like to thank Ron and Yves on behalf of the board and FP Canada—and wish Yves all the best in his future endeavours." The FP Canada Board of Directors is composed of individuals with varied backgrounds relevant to FP Canada's mandate. In addition to Ms. Black Hughes, Mr. Dewdney, Mr. Lalonde, and Mr. Cormier, current members include Susan Howe, CFP (Director, Financial Planning at Royal Bank of Canada), Moira Klein-Swormink (Principal, Branch Development, Edward Jones in Canada), Denise McEachern, QAFP ® (Assistant Vice President, Strategic Business Growth & Practice Management at Sun Life Financial), Winston Maharaj (retired executive), Julie Raîche, (Vice President, Personal Banking, Eastern Quebec at National Bank), Susan Silma (who leads client engagement at OMERS), and Nira Sivakumar (Partner, Deloitte). Established in 1995, FP Canada is a national not-for-profit education, certification and professional oversight organization working in the public interest. FP Canada is dedicated to championing better financial wellness for all Canadians by leading the advancement of professional financial planning in Canada.
NBC Sports
a day ago
- Sport
- NBC Sports
Table the expansion talk. The College Football Playoff should stay at 12 teams.
Nicole Auerbach and Joshua Perry unpack and share their thoughts on the latest controversial changes to the College Football Playoff seeding ahead of the 2025 season. Another day, another college commissioners' meeting — and another conversation about potential College Football Playoff expansion that has ended without resolution. Or, as I like to put it, just your typical Wednesday in June. 'Pretty much everything's on the table and they're taking a good look at all of it,' CFP executive director Rich Clark told reporters in Asheville, N.C. 'So I wouldn't say there's a leading contender right now for them, but they're taking a fresh look at it.' Round and round we go on a topic that never seems to go away completely. Even though there's an easy (if boring) solution: The CFP should stay as is — at 12 teams. Now, I get why there's always at least one loud voice clamoring to expand the field. College football is a sport that has crowned its champion by polls and by computer algorithm. There's always been incredible interest in a playoff model, even when college football didn't have one. Then we got a four-team bracket, approved in 2012 and implemented in time for the 2014 season. Just one year into the 12-team era, commissioners now demand further expansion. The Big Ten has pushed for a 16-team bracket with multiple automatic qualifiers (AQs) per league, with the Big Ten and SEC each nabbing four designated spots — the so-called 4-4-2-2-1 model, which grants them double the number of AQs of the ACC and Big 12 with one spot designated for the highest-ranked Group of 5 champion. The SEC stunned those in Big Ten circles with its coaches publicly pushing for a 5+11 model — one AQ per league and the Group of 5, with 11 at-large spots — at its spring meetings last month. The SEC's interest in the 5+11 model aligns well with what's best for both the ACC and Big 12, two leagues that did not want to accept a model that essentially defined them as second-tier conferences. The posturing and preening over the past month has left the sport in a messy spot. It's also uncharted territory, because any format changes made for the 2026-27 season do not require unanimity. Changes do require the Big Ten and SEC to agree on them, though, and the relationship between the two is in a far more tenuous place than it was six weeks ago. Multiple sources in the Big Ten have told NBC Sports that the conference will not support the 5+11 model if the SEC remains at eight conference games. (The Big Ten plays nine.) As the CFP expansion debate stretches further into the doldrums of the summer, even the Big Ten's coaches are jumping into the fray. It is quite possible that the current Big Ten-SEC standoff delays or stymies bracket expansion. Any format changes for the 2026-27 season need to be decided on and communicated to ESPN by Dec. 1. But if the Big Ten and SEC can't come to an agreement on a specific 16-team format by that date, the expectation is that the Playoff would simply move forward in its current iteration — with 12 total teams, including five conference champions and seven at-large selections. And, frankly, that is the best possible outcome. The 12-team CFP worked out exceptionally well in its first year. More teams had access to the sport's premier postseason than ever before, which meant dozens of teams that previously would have been eliminated were still fighting for spots in the final weeks of the regular season. Increased access led to increased engagement by fans. First-round games on campus were as electric as we had hoped they would be. Even early round blowouts turned out to be a blessing in disguise, as they set up some great quarterfinal games and excellent, evenly matched semifinals. Even with just one season's worth of data, it's clear that there aren't actually going to be 12 teams truly capable of winning a national title, that there are perhaps only six to eight built to get to the finish line. But it is obvious, too, that the very best teams in college football will fall within the 12 teams picked to participate year in and year out. Teams No. 13 or 14, on the wrong side of the cut line, were flawed teams that had lost to lesser opponents multiple times. The first team out of any field will always complain, but that exclusion felt far different from the Bowl Championship System era or even the four-team bracket days. In the past, we all worried that the best team in the country might not have a chance to play for a national championship. That's no longer a fear in a 12-team world, because the buffer is so wide. The only real problem with Year 1 of the 12-team CFP era was the way its convoluted seeding system worked — and that issue got fixed this offseason. Straight seeding 1-12 means a balanced bracket, and it also means that the four best teams (per the selection committee) are the four teams that get first-round byes. That is how the system should work, and it will give us more competitive, evenly matched early-round games. The 12-team format worked well, and it's going to work even better with straight seeding. But this sport's leaders are impatient; they started discussing expanding beyond 12 teams before a single CFP game was played last winter. They assume bigger is better just because. Their bloated leagues need more access points, so they like the idea of 16 more than they do 12, even if the status quo is a pretty great solution to the problems that have ailed college football. The current format is fundamentally fair, and it will help the sport continue to evolve from its regional roots to its status as a national behemoth. Ultimately, the Big Ten and SEC will surely figure out a way to work together again. The current standstill may just be a momentary (fortuitous?) blip. But while we're here and while we're paused, I hope the sport's leaders take a second to look around. The grass isn't always greener someplace else. Sometimes, it's best to stay put. Lawrence Jackson Jr. discusses recent comments made by Jaguars general manager James Gladstone about Travis Hunter, sharing why the 22-year-old rookie will likely be a productive fantasy football wide receiver in 2025. Dan Le Batard and the Shipping Container lay out some of the further-reaching effects of NIL at the college sports level, examining how youth sports can be affected and players risk being turned into 'commodities'.
