There are many exciting things happening right now at Upward Financial Planning, and we wanted to take a moment to share some updates with our clients, friends, and community. A New Office Building and Future Expansion We are thrilled to announce that we recently purchased the former office building of Bruce Mayer, a beloved attorney […]
Daniel Colston, CFP®
When Daniel is not giving financial advice or managing investments, he enjoys renovating properties, real estate investing, drinking coffee, hanging out with friends, spending weekend trips in his camper van, and exploring the outdoors on a hiking or biking trail in his hometown of Roanoke, VA and beyond.
10 Things Changing in Personal Finance You Need To Know About TODAY!
By Daniel Colston, CFP® The world of personal finance is changing quickly. Between new legislation, evolving tax strategies, rising interest rates, artificial intelligence, and market volatility, many families are realizing that the financial strategies that worked five years ago may not be the best approach today. Here are 10 important financial planning changes and trends […]
What to Do With Your 401(k) When You Retire or Change Jobs
By Daniel Colston, CFP®CERTIFIED FINANCIAL PLANNER™ | Upward Financial Planning If you’re retiring, changing jobs, or even just thinking about your next chapter, one of the most important financial decisions you’ll face is what to do with your 401(k). For many people, this account represents the largest pool of money they’ve ever managed. Yet it’s […]
Everything You Need to Know About Required Minimum Distributions (RMDs)
If you’ve saved diligently for retirement using tax-deferred accounts like a Traditional IRA or 401(k), you’ve done exactly what the system encouraged you to do. But eventually, the IRS requires you to start taking money out—and that’s where Required Minimum Distributions (RMDs) come in. RMDs can feel confusing and stressful, but with proper planning, they […]
Trump Accounts: What Parents Should Actually Know (Before Getting Swept Up by Viral Charts)
If you’ve been online recently, you’ve probably seen the viral charts showing “Trump Accounts” growing to $191,000 by age 18 and climbing into the millions by age 60.Those numbers sound incredible… almost too good to be true. And while they could be mathematically accurate, there’s something important to understand: The impressive numbers aren’t the result […]
Do I need a Financial Advisor? 7 Signs it’s time to get professional help with your money.
Most people don’t wake up one morning suddenly convinced they need a financial advisor. Usually, it starts with a feeling: “Am I doing this right?”“Is there something I’m missing?”“I make good money, but where is it all going?” If you’ve ever asked those questions, you’re not alone. And you’re already on the right track—because the […]
Quarterly Updates–Office Building Progress, Daniel TV interview, We are hiring another Financial Advisor!
Exciting Growth and New Developments at Upward Financial Planning It’s an exciting season here at Upward Financial Planning as we continue to grow, build, and invest in the future of our firm and community. 🎥 Daniel Colston, CFP® Featured on the News Our founder, Daniel Colston, CFP®, was recently featured in an on-air interview with […]
We are Growing! And We’re Moving!
June 30th will be our last day at our current location. We have bought a new office building that we will be moving to in Vinton. Our new office address and mailing address will be: Upward Financial Planning, 118 E Virginia Ave Vinton, VA 24179 While the new office will not be ready for a […]
Why Now is Not the Time to Panic About Your Investments
The headlines are loud. Markets are shaky. Tariffs are back in the spotlight. And understandably, investors are nervous. As a financial advisor, I’ve seen a noticeable uptick in calls from clients lately, all asking a version of the same question: “Are we going to be okay?” It’s a fair question—especially when the financial news cycle […]
How to Make Your Money Last: Safe Withdrawal Strategies
Retirement is supposed to be a time to enjoy life, travel, spend time with family, and relax after years of hard work. However, one of the biggest concerns retirees face is ensuring their savings last throughout their lifetime. With a well-funded IRA, you have financial security, but how you withdraw your money can make a […]