Senior Financial Planner
As a financial planning professional, Liz is passionate about helping her clients live for today and build and protect resources for a thriving future. She uses her analytical skills and communication talents to explore complex situations so that her clients can have ease and clarity as they decide among the options available to them.
Liz is a thinking partner for life’s twists and turns. She specializes in helping clients strategically build their wealth during earning years—and then simplify the complexities of using retirement assets such as Social Security, retirement account distributions, pensions, deferred comp, stock options, and Roth conversions. She has developed a firm-wide recommended portfolio withdrawal rate program after extensive research and analysis on retirement planning services.
After starting her career teaching middle school, Liz went on to earn graduate degrees in both business and economics and has held positions in global corporate finance, economics, and the nonprofit sector. In addition, Liz is an award-winning author of humorous mysteries.
She believes in empowering women to get connected with their financial decisions. She and colleague Mary Ballin founded and host Mosaic’s Women’s Circles, monthly gatherings where women come together to ask questions, explore their relationships with money, and learn from each other’s experiences.
US News & World Report / August 10, 2018
There is a wealth of ways to look sophisticated without leaking money, reports Maryalene LaPonsie for US News & World Report, and our own Liz Revenko sends the "strategic presentation" concept soaring with her story about the best wedding cake ever.
TheStreet / May 15, 2018
Many Americans are unsure of the details surrounding Social Security, including their full retirement age (FRA), potential benefits to spouses, delayed retirement credits, and more.
Our own Liz Revenko chimes in:
“It's a good idea for everyone to review their statements, especially if they are self-employed, so that they are sure that their income is being correctly tracked,” says Liz Revenko, a CERTIFIED FINANCIAL PLANNERTM with Mosaic Financial Partners. “Best to check annually, as there is a time limit to make corrections. Social Security is a highly valuable benefit in retirement; a little due diligence is worth the effort.”
MarketWatch / December 12, 2017
If you’re planning to retire in 2018, Alessandra Malito's roundup of retirement advice for MarketWatch might serve you well as a list of New Year’s resolutions. Liz contributes the very first: make a plan for what to do with your free time, before you retire.
Liz Revenko, senior financial planner at Mosaic Financial Partners, suggests mapping out a standard week in retirement—write out what your seven days, morning through night, will look like, adding activities you enjoy and people you like being with. “Resolve to plant seeds now to step into a vibrant retirement, rich with purpose and choice,” she said.
Investopedia / December 12, 2017
Liz dives into retirement planning perks for the self-employed among us. Besides setting the dress code at “jammies,” you can contribute to the retirement vehicle of your choice. She outlines the pros and cons of your top options, and offers a few suggestions along the way.
Note: pajamas are optional. Originally posted on the Mosaic blog.
Vim & Vigor / Winter 2017
Stephanie Thurrott interviews Liz on health care documents and end-of-life planning in her piece for the Winter issue of Vim & Vigor magazine, which also syndicated to Living Well magazine.
Here's a highlight from the article:
“People think if they’re not sick, they don’t need this, but these plans come into play when you are unconscious or unable to understand or communicate,” says Elizabeth Revenko, a certiﬁed ﬁnancial planner and a member of the Financial Planning Association. “This gives you the chance to say what you want, not to have someone else make these decisions for you.”
Business Insider / September 30, 2017
A 2016 article Liz wrote for NerdWallet is referenced in this piece for Business Insider on Bey’s house. Interest-only mortgages can be a great tactic, but only for some of us (probably only for those of us who have a large amount of liquid wealth).
CNBC / August 11, 2017
Weddings can be costly, and these hefty price tags aren’t fun for the whole family. Often parents of the bride and groom pony up more than they mean to, which can be detrimental for their retirement nest eggs. As Liz told CNBC writer Kelli Grant:
“Overspending now so that your child has to help you financially in retirement is not a gift any bride or groom really wants. If that happens, it’s not a gift—it’s a loan with heavy interest.”
Forbes / July 31, 2017
Small business owners aren't planning for their futures; Liz contributes a tax-related tip to writer Kate Ashford’s article about tips for the hyper-focused entrepreneurs who need to start thinking about their long-term financial plan:
“One mistake I see self-employed business owners making is trying to get their taxes down as close to zero as possible,” says Elizabeth Revenko, a financial planner in San Francisco, CA. “If your reportable income for Social Security is very low year after year, come retirement time, you may be forgoing a significant portion of a Social Security income stream that you could have benefited from.”
Investopedia / December 21, 2016
Gift stock; donate IRA distributions; give through a donor-advised fund; give 529 plans... what do all of these giving tactics have in common? Liz shares tax smart insights garnered from a recent Women’s Circle. Originally published on the Mosaic blog.
U.S. News & World Report / December 16, 2016
The first step to a happy retirement in the future: committing to a financial resolution in the present. Maryalene LaPonsie outlines 12 practical actions you can take now to ensure a pleasant tomorrow, and Mosaic’s Liz Revenko contributes quite a few ideas, such as diversifying your retirement income, ensuring that your retirement fund sources don't all carry the same tax.
Country Living / November 8, 2016
It’s the most wonderful time of the year... and also, usually, the most costly. Writer Arricca Sansone lists cost-effective ways to deck the halls with holiday warmth that won’t break the bank. Our own Liz Revenko shares insights, and memories of a certain mouse head ornament.
Investopedia / November 15, 2016
Fair isn’t necessarily equal, but fair is fair. How do you reach an even keel when it comes to the financial aspects of your personal relationships? Liz shares insights garnered from a recent Women’s Circle. Originally published on the Mosaic blog.
Investopedia / October 11, 2016
Liz outlines several incredibly helpful documents to help individuals prepare for compromised health. Originally published on the Mosaic blog.
MarthaStewart.com / June 28, 2016
Arricca Sansone outlines 10 easy ways to break down retirement saving into small steps, and Liz Revenko weighs in by providing three of the easiest: don't waste your employee benefits, make spending painful by paying with cash, and plan ahead for windfalls (such as bonuses, raises, tax refunds, and rebates). Of unexpected cash, Liz says:
“Learn to divide it into percentages for fun, for paying debt, building your emergency fund, and investing. That way you'll enjoy it and be responsible at the same time. This helps you learn balance in learning for today with saving for tomorrow.”
Are you considering refinancing to an interest-only mortgage? Liz wades in, noting the pros, cons, and history of the loan, in her trademark comprehensive style. Liz reminds readers to do their research and ensure that they are “taking a calculated risk with a product that fits their situation,” while “mitigating the risk of being unable to refinance or afford payments down the road, either by paying down prinicpal or by planning to sell the home within a few years.”
This article can also be seen on LinkedIn.
Extreme anxiety over finances is common enough among women that it has been dubbed “bag lady syndrome.” Liz outlined a battle plan that can help women unpack those bags.
This article can also be seen on LinkedIn, where it has garnered 12,000 views, 860 likes, and 60 comments.
Things unexpected and absurd can derail your finances. Relatively cheap insurance can protect you. Here’s the how, the what, and the why.
Elizabeth Revenko was quoted by John F. Wasik in this article about investors can no longer rely on home equity growth as part of their retirement plans.
Originally posted on MorningStar.