Who We Are

Carl Goodin is a Fee-Only Financial Planner/Investment Manager located in Ellisville, MO, a suburb of St Louis serving clients across the United States. As president of Financial Planning Associates, Inc. he has helped families and individuals accomplish their financial goals for more than twenty-five years by using the Financial Planning Process as a starting point for establishing and maintaining an appropriate action plan and by using Markowitz Mean Variance Portfolio Optimization to manage investment risks. Our relationship with our client is, at all times, that of a FIDUCIARY to a beneficiary. Carl Goodin is a NAPFA-Registered Financial Advisor and a CERTIFIED FINANCIAL PLANNER™ Professional.

What We Do

Fee-Only Investment Management
Fee-Only Personal Financial Planning

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IM Fees Reduced Again! And More!

by Carl Goodin on December 13, 2020 in Financial Planning, FPAI Operations, Retirement, TechKnowledgey • 0 Comments

“Actuaries are now projecting people entering the workforce could live 125 years…some demographers say the baby who will live to 200 years old is already born”. With increased longevity the need for planning – early and often – is vital. Read more →

A Quick Warning!

by Carl Goodin on November 9, 2020 in TechKnowledgey • 0 Comments

There is wonderful news this morning that an effective COVID-19 vaccine may be available early next year. We all look forward to resuming life as it was before the virus limited our options and changed our routines. We all are suffering COVID fatigue. However, there will now be a tendency to relax our vigilance. The vaccine will become available for… Read more →

Quick Note Regarding RMDs

by Carl Goodin on November 2, 2020 in FPAI Operations, Investing, Retirement • 0 Comments

RMDs waived for traditional IRA owners. Read more →

A Couple of Things.

by Carl Goodin on July 2, 2020 in Financial Planning, Investing, Retirement • 0 Comments

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…” I suppose this quote from Charles Dickens might well apply to any time in human history. It certainly seems to apply to now. For some this moment is good, for others not good. I recently heard… Read more →

About IRA Required Minimum Distributions.

by Carl Goodin on June 23, 2020 in Financial Planning, Investing, Retirement • 0 Comments

The SECURE Act and IRA required minimum distributions. Last December (2019) the SECURE Act was signed into law. This new law changed the required beginning date for IRA required minimum distributions (RMDs). Prior to the act annual RMDs were required to begin by December 31 of the year that the IRA owner reached age 70.5. (Technically, it was the year… Read more →