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September 2022
CampbellWealth.com • (703) 535-5300 • 330 John Carlyle St., Suite 400, Alexandria, Virginia 22314
September: A Historical Month FALL IS IN THE AIR
Currently and historically, September is a busy month! Not only are we on the brink of the holiday season with October just around the corner, but kids are heading back to school, and summer vacation is coming to an end. It’s time to finish out the end of the year on a strong note for these last four months. This month, we commemorate the 9/11 terrorist attacks where the planes flew into the Twin Towers as well as the Pentagon, taking the lives of many and crushing the hearts of us all. Even though it was one of the scariest times, the aftermath was also one of the most patriotic times as it really brought people together to stand behind the United States of America. So, while 9/11 was a terrible day, it brought us together as a country and we learned how to work together and lean on each other. On Labor Day, we celebrate the accomplishments and contributions of all American workers, and many of us are lucky enough to have the day off! The national holiday was created by the labor movement in the 1800s and became a federal holiday in 1894. Today, we celebrate it on the first Monday in September. So, during our barbecues and/or a relaxing day off work, who exactly do we celebrate? We recognize all Americans who contribute through their labor and hard work: police officers, firefighters, sanitation workers, office workers, nurses, doctors, fast food employees, and librarians. We are thankful for every single individual who keeps our country going and running strong! It’s said that the United States is the land of opportunity, for people are able to come here from all over the world and find work to make a living and provide for their families. And really, the primary focus on the land of opportunity is the ability to find a job, work hard, and be compensated. I’ve taught my kids this great value as it’s something that I truly believe in.
I love the United States of America because of what it has offered me and because of how I, my family, my friends, my employees, and you, our clients, have prospered for many years through this great opportunity. God Bless America. As we round out the end of the year, please don’t hesitate to call if you have any questions or to set up a meeting with your wealth manager. We look forward to hearing from you!
Kelly Campbell
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5 Exercises to Improve Balance Find Your Balance
upright and improve stability. These types of exercises can be done as often as you like or even every day. Consider trying the following exercises: • Standing with your weight on one leg and raising the other leg to the side or behind you.
Reaction time and agility are also improved with balance training. The body learns how to quickly correct itself but not overcompensate and has the ability to quickly change direction effectively and efficiently. Though balance training is important for everyone, it is especially important for those who have problems due to illness, weakness, or dizziness. It allows them to
Though we may not always think about it, balance is essential to just about everything we do in our daily routines. From simply getting out of bed, leaning over to tie our shoes, or even walking to the mailbox, we need good balance to keep ourselves steady while performing normal tasks. Know why balance is important. Balance is the ability to control your body’s position, whether stationary or moving. It is a key component of fitness that many people neglect while developing their fitness regimen. Balance training is a great way to help your body recognize where it is and control movements in a given space. When the body knows where its limbs are in space — known as proprioception — it is able to produce smooth, controlled movements with fewer risks of injuries.
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Putting one heel right in front of the other foot, as if you were walking a tightrope. Standing up and sitting down from a chair without using your hands. Walking while alternating knee lifts with each step. Stretching and gentle movement as part of yoga or tai chi. Balance is essential to living a healthy, functional life. It’s important to incorporate balance training into your fitness regimen. That way you can decrease the risk of injuries and help move freely and confidently.
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overcome stiffness or unsteadiness and to develop an awareness of body segments and how to align them.
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These exercises help with balance.
Balance training involves exercises to strengthen the muscles that help keep you
You Cannot Retire Without a Plan in Place
What Does Your Roadmap Look Like?
It’s been a wild ride, and after years and years of early mornings, a ton of caffeine, late nights at the office, more meetings than you could ever
money away and now it’s time to figure out how it will fund your retirement. Now, more than ever, the market is unpredictable and having a plan in place and counting on changing the plan as
if you are eligible for Medicare, and how you’ll fund your insurance.
Estate planning is crucial. If you die intestate, your estate, everything that you’ve worked for, is at risk and your family members and loved ones may have a very difficult time getting access to your property as the estate will go to probate. It’s highly advisable to make decisions now on how you would like to disperse your estate and who you would like to name as a beneficiary. Retiring without a cohesive, adaptable, and flexible financial plan is similar to hitting the open road without a map — it may work out, but it may not. Campbell Wealth’s expertise can help you map out your golden years! Give us a call if you have retirement on your mind or have already retired!
count, and a lot of daydreaming, you surely feel ready to retire. But are you financially prepared to do so?
life progresses is necessary. Thus, ensuring that your plan is easily adaptable will be key.
This can be extremely tricky to figure out on your own, for it is one thing to feel as if you’ve set enough funds aside to last you through your golden years, but it is a complete other thing to have a written and cohesive plan in place. So, when you’re feeling ready to retire in the near future, your first step is to really consider your finances. A portfolio isn’t enough. A plan is essential. You have accumulated a nest egg after years of working and putting
How much should you allocate for health care? Right now, inflation is on the rise. This can potentially mean that medical supplies and prescription costs may increase as well, and health care costs are known, in the long term, to outpace inflation. With health as a priority, it’s important to ensure that you have enough set aside to cover you into your later years. A financial planner can certainly help, but it’s important to also begin to consider your age of retirement,
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5 Smart Financial Tactics to Use During a Recession
Inflation can make people nervous about the future. Here are a few smart ways to manage your money in any economic climate — but especially during a recession. No. 1: Make every dollar count. This year, the price of gas has climbed considerably, but what can you do when driving is part of your job? Dan Varroney, founder of consulting firm Potomac Core and expert on economic performance, told NBC that people can stretch their dollar by utilizing mass transportation, carpooling, or walking. You can also combine trips with multiple stops or shop locally to save on gas and time in the long run. No. 2: Check your spending. The internet is full of trendy subscription-model brands and products, but are you still paying for ones you aren’t using? A 2021 Chase survey revealed that two-thirds of consumers have forgotten about at least one recurring payment in the last year. In fact, more than 70% of consumers waste over $50 every month on recurring payments for things they no longer need! Double-check your statements for anything you might’ve forgotten about.
No. 3: Get rid (or don’t use) high debt credit cards. Canceling a credit card can have some temporary consequences on your credit score, but if you can afford it — or need to remove the temptation altogether — cancel credit cards with high interest rates. Get a card with 0% APR if you need time to pay off new purchases before interest kicks in. No. 4: Boost your emergency fund ASAP. In life, setbacks can happen when least expected — and least wanted. This is the time for cushioning the fall in case you have any large unexpected expenses that could
have major consequences on you and your family’s livelihood.
No. 5: Roll over to a Roth IRA during the market downturn. Since IRA contributions are invested into the market, the downturn makes it cheaper to transition your after-tax traditional IRA into a pre-tax Roth IRA, which means you’ll keep the full dollar amount of your account in retirement.
Put these tips in your back pocket — they just might help get you through any economic climate!
Would you like to be a Campbell Wealth Management Ambassador? Would you like access to exclusive events?
Suggest an educational event to a friend!
All you have to do is refer a friend. Do you know someone who: • Wants to be better prepared for retirement?
9/13 & 9/14, 6:00 PM — Arlington Army Navy Club 9/21 & 9/27, 1:30 PM — Historic Blenheim
• Is looking for a second opinion regarding their portfolio? • Has gone through a major life event (death of a spouse, retirement, etc.)? Call us at ( 703) 535-5300 and let’s set up an introduction! If they are important to you, they are important to us.
To register, email us at Seminars@campbellwealth.com!
Call Us Today (703) 535-5300 • 3
700 S. Washington St. Suite 220 Alexandria, Virginia 22314 (703) 535-5300 CampbellWealth.com
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CampbellWealth.com (703) 535-5300 330 John Carlyle St., Suite 400 Alexandria, Virginia 22314
Inside
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Welcome, Fall!
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5 Exercises to Improve Balance
To Retire, You Need a Plan!
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Prepare Your Wallet for a Recession
Upcoming Educational Events
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Places to Visit Similar to Montana
Securities offered only by duly registered individuals through Madison Avenue Securities, LLC (MAS), member FINRA/SIPC. Advisory services offered only by duly registered individuals through Campbell Wealth Management, LLC (CWM), a Registered Investment Advisor. MAS and CWM are not affiliated entities. Our firm does not offer tax or legal advice. Consult your tax or legal advisor regarding your situation.
Get Out and Explore 3 Vacation Destinations Similar to Montana
Because of the popularity of the Kevin Costner miniseries “Yellowstone,” the innate beauty of the scenery, and the ease to work remotely, the state of Montana is seeing an economic boom. Both tourism and real estate have benefited as people flock to explore the natural beauty of the state. But with Montana’s increasing popularity, traveling there may not be ideal, especially if you want to avoid crowds. Here are some other destinations that offer similar sights and activities!
rafting, hiking, sightseeing, rock climbing, mountain biking, and exploring.
is home to more than 60 species of mammals and 300 species of birds.
While there’s tons to see and experience during the day, the beauty doesn’t stop at night. As Stanley is situated in the Central Idaho Dark Sky Reserve, you’re able to see so much more in the night sky, such as the Milky Way, meteors, and even planets! Grand Teton National Park, Wyoming In Grand Teton National Park, you’ll find many sights and wildlife similar to those seen on screen in “Yellowstone.” The towering craggy peaks and luscious landscape do not disappoint, and sometimes there is no sign of human development for miles. It’s a truly remote and beautiful place to visit and explore.
Bighorn National Forest, Wyoming Specifically known for being remote, Bighorn National Forest is located in north-central Wyoming and offers over 192,000 acres of open wilderness and 1,200 miles of hiking trails to venture out on. The forest contains many meadows and grasslands surrounded by large, dancing mountains and rolling hills. The best part is that there are many different ways to explore Bighorn National Forest. Fishing, camping, mountain biking, rock climbing, camping, hunting, and horseback riding are just a few ways to experience Wyoming’s beauty. Are you ready to get out and explore these areas of our nation’s beauty? Check some of these great destinations off your bucket list!
Stanley, Idaho If the mountains are calling your name, then Stanley, Idaho, is the place to go! About three hours
northeast of Boise, this gem has three different mountain ranges: the Sawtooth, Lost River, and White Cloud. This trifecta is home to whitewater
You are sure to encounter some amazing wildlife while hiking or camping — the park
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