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Randy Umbaugh

(574) 268-2844

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dil•i•gent – characterized by steady, earnest, and energetic application and effort

(Webster’s New Collegiate Dictionary)


The purpose of Diligent Wealth Management is found in the name…using thorough and persistent effort to guide you in the stewardship of your financial resources.  This starts by listening to you, learning about your situation, your likes, your dislikes, your values, and your goals.  This forms the foundation of your financial plan.

By providing you with the knowledge, alternatives, and  recommendations developed specifically for you, you can choose the path toward your financial goals.

When we travel, we cannot control the weather or predict where each traffic jam will occur.  Yet we do not throw everything to chance.  We pack, prepare, and select the route that seems best suited to reach our destination while remaining flexible to adjust our course as needed.  In the same way, your financial journeys deserve and require attention and forethought.

The plans of the diligent lead surely to advantage, but everyone who is hasty comes surely to poverty. – Proverbs 21:5 

 

New clients are accepted by referral from existing clients.

Helpful Content

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A portfolio created with your long-term objectives in mind is crucial as you pursue your dream retirement.

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Smart investors take the time to separate emotion from fact.

 

How Will Working Affect Social Security Benefits?

Knowing the rules may help you decide when to start benefits.

Gap Insurance for Leased Cars

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What Is a 1035 Exchange?

1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability.

How Stocks Work

Understanding how a stock works is key to understanding your investments.

Donating Art: Taxation Abstraction

The tax rules that govern donating art are complex and confusing. Take a closer look.

Fallen Tree Damage—Who Pays?

Your liability for damages that occur when a tree on your property falls on your neighbor’s property is not clear cut.

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Interested in a Fuel Efficient Car?

Estimate how many months it may take to recover the out-of-pocket costs when buying a more efficient vehicle.

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Determine your potential long-term care needs and how long your current assets might last.

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Use this calculator to estimate your income tax liability along with average and marginal tax rates.

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Estimate how many years you may need retirement assets or how long to provide income to a surviving spouse or children.

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Managing Your Lifestyle

Using smart management to get more of what you want and free up assets to invest.

Your Cash Flow Statement

A presentation about managing money: using it, saving it, and even getting credit.

5 Smart Investing Principles

Principles that can help create a portfolio designed to pursue investment goals.

Investment Strategies for Retirement

Investment tools and strategies that can enable you to pursue your retirement goals.

Principles of Preserving Wealth

How federal estate taxes work, plus estate management documents and tactics.

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.

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The Cost of Procrastination

Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time.

Can Election Results Predict the Market?

How do the markets usually react to elections? Was the 2016 election any different?

The Other Sure Thing

Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?

Jane Bond: Scaling the Ladder

Agent Jane Bond is on the case, uncovering the mystery of bond laddering.

Forecast

The market is as unpredictable as the weather. We’d love to help you prepare.

Retirement Redefined

Around the country, attitudes about retirement are shifting.

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