Rings Financial LLC

Rings Financial LLC Helping individuals, business owners, and families get to retirement—and through it. Member FINRA/SIPC. finra.org sipc.org.

We specialize in retirement income, tax-efficient planning, Social Security, investments, and protecting the wealth you've worked a lifetime to build. Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer. Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.

• The financial professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.​

10/07/2026

The dangers of lifestyle inflation.

You make more money, so you spend more money.

Bigger house. Nicer cars. Better vacations. Bigger Christmas. More toys.

Then one day you turn 50 and realize retirement is only 10–15 years away…and you’re woefully behind.

Let’s say you and your spouse make $300,000/year and have $500,000 saved for retirement.

Over the years, you’ve built a lifestyle around that income. Maybe maintaining something close to it in retirement requires roughly $240,000/year of gross income to cover spending, taxes, healthcare, etc.

For simplicity, let’s keep everything in today’s dollars.

At 65, Social Security might cover $6,000/month.

That leaves $14,000/month that needs to come from your investments.

Using the 4% rule as a rough guideline, you’d need around $4 million invested in today’s dollars to support that gap.

The problem?

You have $500,000.

To get anywhere close to $4 million over the next 15 years, you’re going to need to save a LOT of money (for context, roughly $80,000/year if you achieve an 8% ROR) —and that usually means dramatically changing the lifestyle you’ve become accustomed to.

That’s the danger of lifestyle inflation.

It’s not just that you spend more today.

You’re also creating a more expensive lifestyle that your future retirement has to fund.

As your income grows, your lifestyle can grow too.

Just make sure your savings are growing with it.

If this is you and you ignore it, the problem will only compound.

Reach out today to schedule your complimentary consultation. You have nothing to lose and everything to gain.

www.ringsfinancial.com/contact

10/05/2026

This is a longer one but if you have kids that are college age or older, it's worth the read.

In the interest of helping the next generation — and as a courtesy to my clients — I’ve been offering to meet with their college-age or adult children.

My clients want their kids to develop the right mindset and framework around money early in life, so they can make good financial decisions and hopefully avoid some expensive mistakes along the way.

And as every parent knows, sometimes your kids will listen to the exact same advice a lot better when it comes from someone other than Mom or Dad. Funny how that works.

We could go down the rabbit hole of why kids aren't required to learn more of this stuff in school…but that's a conversation for another day.

Here are a few basic concepts I’ve found tremendously helpful in my own life — and they apply whether you're 22, 42, or 62.

**Emergency Fund (aka the “Oh Sh*t Fund”)**

Try to keep 3–6 months of expenses sitting in cash. Life has a funny way of getting expensive at the worst possible time.

**The 50/30/20 Rule**

A good starting framework is roughly 50% of your income toward needs, 30% toward wants, and 20% toward saving, investing, and paying down high-interest consumer debt.

It doesn't have to be exact. The important part is having a plan for where your money goes.

Housing is a major portion of your budget and guess what, your starter home doesn't need to be 2,000sqft.

**Stick to a Budget**

You don't need a 14-tab Excel spreadsheet tracking every cup of coffee you buy, but you should have a pretty good idea of how much money is coming in and where it's going every month, otherwise, it makes it pretty difficult to plan.

If you blow all your eating out money by the end of week two, looks like you're eating hamburger helper at home for the rest of the month.

**Understanding that Building Wealth Is Slow and Boring**

I'm building wealth the same way my clients are. I save a chunk of my income every month and invest it in the same basket of investments many of my clients own.

Save regularly, invest in good stuff, do that over a long period of time and don’t make any stupid, emotional, investing mistakes. And remember, for every stock that hits a grand slam, there are hundreds of others that struck out.

**Pay Yourself First**

Save that 20% — or more if you can — before you start spending.

I can tell you from experience: if your plan is to spend all month and save whatever is left over, there probably isn't going to be much left over.

**Avoid Lifestyle Inflation**

As your income grows, so should your savings.

If you get a $20,000 raise, that doesn't necessarily mean you need $20,000 more lifestyle.

If you're saving 20%, save 20% of that raise ($4,000).

You can always find a nicer car, a bigger house, a better vacation, or another toy to spend money on. That's the easy part.

The boring habits are what build wealth.

There are certainly others but those are some big ones.

And the earlier our kids learn them, the better off they're going to be.

For the parents reading this: one of the best things we can do for the next generation is help them develop good financial habits before they have decades of bad ones to undo.

If you're not currently a client but you're a parent who wants to make sure you're doing everything you can to put both yourself and the next generation in a better financial position, feel free to reach out and schedule a complimentary consultation.

Building wealth is a long game.

The earlier we can help the next generation understand how to play it, the better.

www.ringsfinancial.com/contact

10/01/2026

If you’re retired and ditched your stock strategy and moved everything into bonds…playing it too safe may be riskier than you think.

Why?

Inflation…that’s why.

Avoiding market volatility doesn’t mean you’re avoiding risk. Over a 20- or 30-year retirement, inflation can quietly eat away at your purchasing power—even if your account balance looks nice and steady.

You also may have noticed bonds aren’t immune to volatility either. Interest-rate movements can cause bond values to move up and down—sometimes more than folks expect. As the article points out, bonds themselves experienced a significant decline in 2022 and you most likely noticed a very recent decline due to interest rate increases.

Make sure you check out this month’s Your Money in Motion column in the October issue of Our Towne Magazine, along with a lot of other great local content.

If you have questions about your current portfolio or retirement plan, feel free to reach out and schedule your complimentary consultation.

You have nothing to lose and everything to gain.

www.ringsfinancial.com/contact

09/28/2026

Small Business Owners: Want to boost employee retention and help your team prepare for retirement?

One great way to do both is by offering an Employer-Sponsored Retirement Plan.

There are several options to choose from, including:
• SIMPLE IRA
• SEP IRA
• 401(k) Plan

Each option comes with its own pros and cons, and the right choice will depend on factors like:
• Overall cost
• Ease of administration
• Your long-term financial goals as a business owner
• And more

If you're unsure which plan is the best fit for your business, we're here to help guide you through the decision-making process.

Schedule your complimentary consultation today. You have nothing to lose and everything to gain.

https://www.ringsfinancial.com/contact

09/25/2026

Man oh man, how time flies!!

Rings Financial just surpassed our 3-year anniversary since opening our doors, and we can’t thank all of our great clients enough for trusting us to be their financial partner.

While Rings Financial may only be three years old, our roots in the financial planning profession go back much further. Our founder has been helping folks plan for their financial futures since 2012, and starting Rings Financial was the next chapter—an opportunity to build a firm and do things a little differently.

Over the last three years, we’ve experienced roughly 65% growth year over year. What we’re most proud of, though, is how that growth has happened. We’ve grown largely through word of mouth, introductions from our existing clients, and simply getting our name and message out into the community through social media and our friends at Our Towne Magazine. That’s a pretty good sign that what we’re doing is resonating with folks.

To us, sustainable growth comes down to one thing: doing a good job for people.

Helping folks plan for the retirement they’ve envisioned. Making sure they have a plan to avoid outliving their money. Finding opportunities to reduce taxes, manage risk, and make smarter decisions with the money they’ve worked their entire lives to accumulate.

When you take care of people, word gets around—especially in a small community.

So, thank you again to all of our clients, friends, and supporters who have helped Rings Financial grow over these first three years. We truly appreciate the trust you’ve placed in us.

Here’s to another great year of helping folks get to and through retirement with clarity, confidence, and a clear path forward!

As we continue to grow, we're also mindful of maintaining the personal attention and level of service that got us here in the first place. There may come a point where we have to be more selective about taking on new clients simply to make sure we're continuing to do right by the folks we already serve.

So, if you've been following along for a while and thinking, “I really should sit down with these guys,” there may be no better time than now.

Reach out and schedule a complimentary consultation.

You have nothing to lose and everything to gain.

www.ringsfinancial.com/contact

09/25/2026
09/21/2026

What should you do with your company stock?

Many folks have access to an Employee Stock Purchase Plan (ESPP), which may allow them to purchase company stock at a discount—often somewhere in the ballpark of 15%.

Sounds like a pretty good deal, right?

It certainly can be.

The problem usually isn't buying the stock. It's what happens afterward.

Over the years, employees continue buying shares and never sell them. Before they know it, a significant portion of their net worth is tied up in one company.

And not just any company—the same company that also provides their paycheck, benefits, and possibly their retirement plan.

That's a lot of eggs in one basket.

For many of our clients, we'll develop a strategy to regularly sell company shares once they're eligible to be sold and reinvest the proceeds into a diversified portfolio.

You still get to take advantage of the employee stock purchase benefit, but you don't necessarily have to keep accumulating more and more company-specific risk.

Company stock can be a great benefit.

Just don't let a great benefit accidentally become one of the biggest risks in your financial plan.

Schedule your complimentary consultation today. You have nothing to lose and everything to gain.

www.ringsfinancial.com/contact

09/14/2026

Getting older isn’t always a bad thing.

Sure, the knees might start making noises they didn’t used to, you may need a pair of readers to look at the dinner menu, and staying up past 10:00 becomes less appealing by the year.

But when it comes to retirement planning, getting older actually comes with a few perks.

One of them is catch-up contributions.

Once you reach age 50, Uncle Sam basically says, “Alright, you’re getting closer to retirement. We’ll let you stash away a little extra.”

For 2026, if you’re under age 50, you can contribute up to:
• $24,500 to a 401(k), 403(b), TSP, or Deferred Compensation Plan
• $7,500 to a Traditional or Roth IRA

Once you reach age 50, those limits increase to:
• $32,500 to a 401(k), 403(b), TSP, or Deferred Compensation Plan
• $8,600 to a Traditional or Roth IRA

And if you’re age 60, 61, 62, or 63, there’s an even bigger perk. The “super catch-up” contribution allows eligible workers to contribute even more to certain workplace retirement plans. For 2026, that means a catch-up contribution of $11,250, bringing the total potential contribution to $35,750.

If you’re approaching retirement, now is the time to make sure you’re taking advantage of every tool available to you. Retirement planning isn’t just about what you’ve already saved—it’s about making the most of the years you have left to save.

As always, if you’d like a second set of eyes on your retirement plan, we’re here to help. Our consultations are complimentary.

You have nothing to lose and everything to gain.

www.ringsfinancial.com/contact

09/11/2026
For many Gen Xers, retirement is starting to feel less like a distant milestone and more like a looming financial realit...
09/04/2026

For many Gen Xers, retirement is starting to feel less like a distant milestone and more like a looming financial reality.

The oldest members of the generation will turn 62 next year, the earliest age to claim Social Security. At the same time, many are approaching retirement with limited savings and fewer pensions than previous generations had.

The median Gen X retirement savings balance is about $107,000, while members of the generation estimate they’ll need roughly $700,000 for retirement. Social Security may also become an increasingly important source of income, with 41% of workers over 55 saying they expect it to be their primary source in retirement.

That gap is prompting some Gen Xers to rethink when they’ll stop working, how much they may need to save, and what retirement could realistically look like.

If retirement is getting closer, this may be a good time to review your savings, expected Social Security benefits, and other sources of retirement income.


Source:

Millions of Generation X Americans expect to depend on Social Security as their main — or only — source of retirement income.

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