About Erik Carter
JD, CFP®
Erik Carter is a Resident Financial Planner at Financial Finesse and leads our social media team. He also contributes to our curriculum and is a member of our Think Tank, specializing in research and content regarding generational issues.
Erik’s experience in financial planning and wealth management ranges from running a branch office for one of the largest brokerage firms in the country, to advising members of Congress as a financial adviser on Capitol Hill, to serving as a vice president in the private client division of a major brokerage firm in Manhattan. He earned a B.A. in Economics with honors from NYU and a law degree on a full academic scholarship from the University of San Diego, where he focused on tax and estate planning.
Favorite financial blog: EarlyRetirementExtreme.com
Fun fact: He hasn’t owned a tv for the past several years (and never missed it).
Favorite Quote: "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." – Warren Buffett
While the show has its share of mindless reality tv entertainment, there are lessons that can be derived from it, not just for the business world that the show is based on (albeit loosely) but for our own personal financial lives as well. Continue reading →
Unlike Social Security and traditional defined-benefit pension plans, the 401(k) allows you to take control and responsibility over your own financial destiny. Continue reading →
Here are some ways to help manage your rewards in an optimal way. Continue reading →
How many people do you know that earn $50k a year and can still retire in their 40s? Continue reading →
Here’s a great process to go through before investing your hard earned dollars in the latest investment trend (or fad). Continue reading →
I often talk to people who have several hundred thousand dollars in a 401(k) that they can borrow from but just a few thousand dollars in their savings account. Would it make sense for them to suspend their 401(k) contributions in order to accumulate more savings outside their retirement plan? Not necessarily. Continue reading →
Tweet It was April 1st so I hoped that it was just an April Fool’s joke. I was at the grocery store checkout and reached for the credit card that I generally use for groceries but it was nowhere to … Continue reading →
Tweet I recently answered a question from a blog reader and received the following message: “Thanks VERY much! In the past few years, I have paid $500 to two separate financial planners to get this kind of advice, to no … Continue reading →
Tweet Today is the first day of spring and among other things, that means many people will begin the process of buying a home. Despite the crash in the real estate market a few years ago, real estate remains a … Continue reading →
Tweet I talk to many parents of students approaching college age who fret about having little or nothing saved for college. They know how important a college education is and want their children to be able to go to the … Continue reading →