Financial Planning for Millennial Parents in Washington, DC

Have you ever wondered how you can afford to buy a house in DC while still repaying student loans? Have you stressed about how to pay for childcare and still contribute to the DC 529 plan?

You’re not alone. Many Millennial parents in Washington, DC share your feelings of uncertainty and self-doubt.

But you’re actually much closer than you may believe to confident, life-changing financial decisions. You’re only missing a financial plan that clarifies the trade-offs and opportunities that you and your family face.

You shouldn’t have to feel reluctant to make financial decisions or worry about what you may be missing. When you’re ready, I would be delighted to be your financial guide on a path to more financial clarity and confidence.

A CFP® for Our Generation

I’m Kevin Mahoney. I’m a Certified Financial Planner and the founder & CEO of Illumint. Illumint is a Washington, DC-based company that offers online financial planning for Millennial parents specifically. I specialize in the Millennial finance issues that arise during our 30s and early 40s. In my role as a fee-only financial advisor and fiduciary, I help other Millennial parents prepare to buy a house in DC, repay student loans, contribute to the DC 529 plan, and invest for the future.

I hold an undergraduate business degree from Georgetown University and an MBA in finance from Georgia Tech. But most importantly, I’m also a Millennial parent who lives in Washington, DC. My wife and I love concerts at The Anthem, soccer matches at Audi Field, and dinners at Tail Up Goat. And we’ve worked through the same questions that you may have about childcare costs, college savings, and even saving for travel.

Not Your Parents’ Financial Advisor

The financial plan that I help Millennial parents like you to develop specifically reflects you and your family. Each meeting we hold revolves around who you are, what you value, and how you want to use your money to make your life better. The financial strategies that we pursue don’t always fully align with conventional wisdom. But, as I emphasized in the New York Times, they fit the financial realities that Millennials face in 2022, in expensive cities like Washington, DC.

At some point, I would love to tell you more about my approach to financial planning. Ultimately, though, you need to be willing to set aside the time and energy for improving your finances.

The Value of a Clear Financial Plan

I completely understand how much easier financial procrastination feels. But the stakes are high for you and your family. The longer you wait, the more vulnerable you become to unnecessary financial mistakes and missed opportunities.

A clear financial plan will empower you to invest for your future. And when you start making proactive financial decisions, you’re going to feel calmer, more confident, and re-energized.

We all have limited energy and attention available to us each day. How much of that time would you like back to focus on the things in life that matter most to you?

Financially Well: The Millennial Finance Podcast

While you’re thinking about your next steps, I encourage you to check out the Financially Well podcast. Every other week, I discuss how you can apply a recent, relevant personal finance article to your life. You can subscribe on Apple Podcasts, Google Podcasts, or Spotify.