Page 28 - April 2024 TC FINAL

28 April 2024 NHTownCrier.com

• Do you need to build or rebuild an emergency fund
for unforeseen expenses?
• Is there a community program or charitable cause
you’d like to support more robustly?
One way to express your goals is to think of them as
your own personal story that you are intending to write.
For example:
“Now that I have my first grandchild, I’d like to save
enough to help me comfortably retire so I can spend
more time with my family. My spouse and I have had a
lifelong dream of road tripping across the country once
I retire. As we get older, I want to build up a savings

Christopher J. Carbone fund for medical needs and start a legacy fund to help
financially support my children and my grandchild.”
Setting Goals: The First Step Or:

in Creating an Investment and have a goal of opening my own restaurant that Ratliff Becomes Pastor of New
“I am passionate about supporting local businesses
Plan partners with local vendors. I want to have enough Hartford Presbyterian Church
We plan our weekends. We plan our weddings, money to start the business while helping grow our Rev. Hannah Ratliff, MDiv, has become the new
careers, and futures. Planning not only helps set us up nest egg in case we need to dip into it while we are pastor of New Hartford Presbyterian Church (NHPC)
for successful outcomes in the future but can also help starting out. If we’re successful, I hope to expand the in New Hartford, New York.
immensely in the present. It helps us define and refine business by opening an additional location.” A native of Prairie Village, Kansas, Ratliff holds a
our goals, align tactics, proactively address risks, and After identifying your goals, the next step is to bachelor of arts degree from the University of Nebraska
chart our progress. understand how much money you will need for each and a master of divinity degree from Columbia
Too often, however, the planning that could be the goal. This information will help you determine your Theological Seminary. She has held positions at
most valuable is overlooked. The same people who saving and investing priorities, your time horizon for Shandon Presbyterian Church in Columbia, South
would not dream of embarking on a two-week vacation each goal, and the amount of investment risk you’re Carolina and Ormewood Church in Atlanta, Georgia,
to Italy without an hour-by-hour itinerary may have comfortable taking to achieve each goal. and most recently was director of youth and children’s
just a basic outline of a plan for their retirement, which There’s no one-size-fits-all answer to achieve each ministry at Southminster Presbyterian Church in Prairie
could last 20 to 30 years. goal. Life throws curveballs and your priorities may Village.
What drives this disconnect? change; however, people who have a plan may be more She was ordained a teaching elder of the Presbyterian
Many of us are intimidated by the thought of putting prepared for life’s events and feel more comfortable Church (U.S.A.) at Village Presbyterian Church, her
our plans on paper. Others fail to grasp the value of that their goals will be met. home church, in Prairie Village on February 25.
the planning process. One common mistake is thinking This article was written by/for Wells Fargo Advisors “Her position here at New Hartford will be Hannah’s
your situation is very simple and straightforward so and provided courtesy of Christopher J. Carbone, first solo pastorate and our committee and entire
you don’t need a plan. CFP®, AWMA®, LUTCF® First Vice President - congregation could not be more excited and enthusiastic
This misconception can stem from a misunderstanding Investment OfficerFinancial Advisor in New Hartford, that she has chosen us to be her new church family,”
of exactly what constitutes a plan and an assumption NY at (315) 723-7386 said Dominic Passalacqua, who chaired NHPC’s Pastor
that planning ought to be comprehensive enough Investment and Insurance Products are: • Not Insured Nominating Committee. “She was the unanimous
to meet the needs of the rest of your life. Planning by the FDIC or Any Federal Government Agency • Not choice of the committee and was approved unanimously
should meet you where you are and reflect your current a Deposit or Other Obligation of, or Guaranteed by, by a congregational vote.
situation. Your investment goals and your plan will the Bank or Any Bank Affiliate • Subject to Investment “A major factor that brought us together was Hannah’s
evolve with you over time. Risks, Including Possible Loss of the Principal Amount and NHPC’s mutual commitment to being a Matthew
Effective plans are generally the ones that take your Invested 25 church, focusing on that Biblical chapter which
individual circumstances and those of your family Wells Fargo Advisors is a trade name used by Wells makes it clear that what our church does and how it
into account. They should start with your goals Fargo Clearing Services, LLC, Member SIPC, a treats others matters to God,” he said. “When we
and objectives and may encompass planning for registered broker-dealer and non-bank affiliate of Wells welcome others, we welcome Christ; when we bring
investments, retirement, taxes, and wealth transfer. Fargo & Company. people together who are divided, we are doing God’s
As you map out your goals, consider the following: ©2023 Wells Fargo Clearing Services, LLC. reconciling work.
• Are you thinking of starting a business? “Nearly 1,200 Presbyterian congregations have
• Are you exploring buying a second home or is there embraced the Matthew 25 movement, helping our
another big purchase that you would like to make at For information on how to denomination become a more relevant presence
some point in the future? place a free article worldwide,” Passalacqua added.
• Do you want to travel extensively after you retire? “I’m delighted to grow in faith alongside the people
• Have you promised your children or grandchildren for your community event of this community,” said Ratliff. “It’s an honor to take
that you’ll help pay for their college education or for or local news, up this mantle and help this congregation discern where
them to study abroad? please call 315-723-4827 God is leading them.”
New Hartford Presbyterian Church traces its roots to
or email the early 1790s when it was organized initially as the
towncrier@pjgreen.com First Religious Society of Whitestown, the municipality
of which New Hartford was then a part. Its founders
were briefly a Congregational Society, but joined the
Our monthly paper is Presbyterian Church in 1801.
Retirement — irst get to it. currently mailed to NHPC’s church building at 45 Genesee Street is

Then get through it. residents in the 13413 zip code. a landmark on the New Hartford village green and
is the oldest public building in Oneida County. The
Making it to retirement these days is no small feat. And If you know someone who congregation today blends the traditional with the
once you arrive, you’re not done. Contact me today so wishes to receive our publication, contemporary and is comprised of individuals and
we can help keep your income stream lowing through families of all ages, from all walks of life, from
the next chapter. we will gladly add the address communities across Central New York.
to our subscription list for a
yearly fee of 25.
$
Christopher Carbone, CFP®, AWMA®, LUTCF®
First Vice President - Investment Oicer please mail a check to
CERTIFIED FINANCIAL PLANNER™
178 Woods Park Drive The Town Crier,
Clinton, NY 13323
Direct: (315) 801-2546 PO Box 876,
christopher.carbone@wellsfargoadvisors.com
https://fa.wellsfargoadvisors.com/christopher- New Hartford, NY 13413.
carbone
Investment and Insurance Products:
NOT FDIC Insured NO Bank Guarantee MAY Lose Value The TownCrier is privately owned
and not affliated with the
Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member Town of New Hartford.
SIPC, a registered broker-dealer and non-bank ailiate of Wells Fargo & Company.
©2023 Wells Fargo Clearing Services, LLC. CAR-0323-04468