Welcome to our inaugural Quarterly Planning Update for the Second and Third Quarters of 2026!

“What are we doing right now?”  This question provides the theme for this recurring update and is meant to share what I would do if I were you in managing my own finances.

So, what are we doing right now??  This can be summed up with three concepts:  Your Family, Your Security and Your Cash Flow.

Cash flow is the simple one here, and by that is our cash flow working out as planned or do we need to re-evaluate our expenses?  Simply put, are we earning more than we spend or is there a way to earn more? 

Your security revolves around those unexpected things in life and is usually where an insurance discussion comes into play.  While myself and True Private Wealth rarely deal in insurance products, we do have a lot of discussions around it.  For example, do you have the right amount of insurance, say on your home?  A couple of years ago I looked at what happens if my home were to burn down.  I was surprised that what I’d receive wouldn’t nearly rebuild so we increase our coverage. 

In some cases, like driving a car we have to have insurance and in other cases insurance is a choice.  Long Term Care insurance is such an example, and by default and not owning coverage we are self-insuring.  This simply means that if we were to need care, we would have to write the check. 

Our last topic revolves around what the majority of our clients value the most: our families.  If anything happens to me do my assets go to who I want and how I want?  Should I pick a Will for my estate planning or a family trust?  Do we have an effective power of attorney in place?  Or do our college-age kids?  Have we set aside enough funding in the correct way for our kids’ or grandkids’ education?

 I’ve always believed, “we don’t know what we don’t know!”  So this Advanced Planning Strategy is meant to get in front of things before they occur.

Thank you for tuning in, and if you have any questions at all please reach out to me directly and I’d be happy to answer them.   As we head into the Fall, keep an eye out for our last segment of the year you don’t want to miss: Tax Planning Strategies!

See you next quarter!

Disclaimers and Sources

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Welcome to our inaugural quarterly planning update for the first quarter of 2026. What are we doing right now?

This question provides the theme for this recurring update and is meant to share what I would do if I were you in managing my own finances. So what are we doing right now?

This question can best be answered with another question: What's one thing that everyone is asking on New Year's Eve?
New Year's resolutions.

So in the spirit of getting financially fit as the calendar rolls into a new year, we are focused on goal tracking. These conversations are centered around several simple questions.

What's important to me? 
Where do I stand right now?
And where do I want to go?

Just as in driving somewhere, it's my belief that we need to know where we are going, map out what we have going for us, and then move ahead.

When was the last time you looked at your balance sheet?
Or simply what you own and what you owe?
Also, do you have a decent idea of your personal income statement?
Or simply put, what income you're bringing in and what spending looked like over this past year.

Next, how are you invested and how did that do in 2025?
Where were the weaknesses and where were the strengths?
Are there any changes our portfolios may need to accommodate based on current conditions?

These are all questions we try and answer for clients during this season.

Lastly, we want to feel confident a portfolio supports that final destination I mentioned in the beginning of this dialogue. In my opinion, investments can be great tools, but are just that. They are the means, not the end. Goal tracking is important as we embark on a new year.

I feel this helps us re-identify what's important to use, measure where we are at, and move forward accordingly.

Please feel free to share any questions, and I'd love to hear your feedback on this new conversation we plan on sharing.

We'll see you next quarter.

Successfully,

Tim Truebenbach, CFP®

Senior Vice President – Financial Advisor

Disclaimers and Sources

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