Kristi Sullivan

CFP®
Personal Finance, Retirement, Investing
78%
Helpful
50
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10
Articles
8
Followers
“With her experience and education as a Certified Financial Planner ™ designee, Kristi Sullivan will work with her clients to piece together their unique financial puzzle.”
Firm:

Sullivan Financial Planning, LLC

Job Title:

Owner

Biography:

Kristi Sullivan has been helping people achieve financial security since 1996.

After graduating with a B.S. in Business from Colorado State University, Kristi worked for Great-West Life in the employee benefits department for three years. This experience gave her a strong background in employer retirement plans, Flexible Benefit Accounts, and group medical plans.

Departing for Fidelity Investments in 1998 gave Kristi the chance to learn more about financial planning on a personal level. In her nine years at Fidelity, my duties included operations, compliance, financial planning, and teaching investment classes.

Sullivan Financial Planning, LLC was formed in 2007 with the goal of providing clients exactly the type of help they needed, without the pressure of corporate quotas or sales numbers directing the recommendations.

Kristi holds the Certified Financial Planner™ designation and the  Series 65 and Colorado Life & Health Insurance Licenses. She is a member of the Financial Planning Association, The Alliance of Professional Women, The Women’s Estate Planning Council, and the Denver Alumnae of Chi Omega.

She is proud to have been a volunteer speaker for the non-profit Evelyn Brust Foundation. As a speaker for the Brust Foundation, she presented on achieving financial security at public libraries for the purpose of providing the general public an education without a sales pitch.

In Kristi's down time is spent with her husband and two sons. She is always up for a ski day,  travel, seeing plays, and reading a good book.

Education:

BS, Business, Colorado State University

Fee Structure:

Fee-Only

CRD Number:

2704767

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August 2017
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    Investing, Real Estate
I've come into a large amount of money. Should I invest it or pay off my mortgage?
67% of people found this answer helpful

I'm a fan of a paid-off mortgage. Many people will tell you not to give up the tax write off from mortgage interest. However, if you look at it as a whole part of your finances, that makes no sense. Say you are paying $10,000/year in mortgage interest and are in the 25% tax bracket. Your IRS write off will amount to about $2,500 back to you at tax time, but that's still $7,500 that just goes to interest to the bank. In other words, the write off still leaves you $7,500 in the hole for cash flow.

If you don't think you will be in the house for very long, don't pay off the mortgage and tie up the money in an illiquid asset (the house). If you do plan on staying in your house for 5 years or more, pay that debt off and enjoy mortgage-free living.

February 2017
    ETFs
Are ETFs liquid assets?
56% of people found this answer helpful
July 2017
    401(k), IRAs, Taxes
Will I be exempt from the early distribution penalty if I rollover my 401(k) to an IRA within 60 days and take out distributions?
50% of people found this answer helpful
February 2017
    Personal Finance
Should I be wary of fake news in the business sector?
50% of people found this answer helpful
February 2017
    IRAs
What's the difference between an individual retirement account (IRA) and a certificate of deposit (CD)?
50% of people found this answer helpful
March 2017