The tax code is very complicated, but it also creates a number of strategies for you to keep more of your hard-earned money, especially if you’re putting it into retirement accounts. Uncle Sam is patient, but after a number of years of working and building your wealth, Uncle Sam wants his share of your retirement […]
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Watch and Listen Or Read Below. The #1 Problem with Your 401k (and by the way, it’s probably not your fault). Can you answer these questions about your 401k? What is my average annual return for the past 1, 3, 5, and 10 years? What is the real amount of risk I am taking […]
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Saving for retirement and investing in tax-deferred accounts like your 401(k)s and IRAs is extremely helpful to reach your retirement goals. However, once you turn 70 1/2, Uncle Sam definitely wants his share, so he forces you to take withdrawals from those accounts or face a 50% penalty of the amount you should have withdrawn. […]
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Congratulations! You have spent a lifetime working, saving, and now you have arrived at your retirement. Now all you have to do is become a tax expert. Preparing for paying fewer taxes in retirement is not easy. All of that tax differed growth from your traditional IRAs faces income tax. Yes, when you take a […]
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What is an ETF: 101 That is a simple question, but the problem is when you ask investors who are 50+, the reality is they don’t know and haven’t received the basic communication they desperately need from advisors. ETFs (Exchanged Traded Funds) are very similar to mutual funds. ETFs typically represent a basket of securities […]
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I see it every week, when I ask investors questions. Whether in a meeting, video conference call or on the phone, I ask questions about their current investments. I ask if the know the risk they truly hold and what do these investments cost them? The answer is the same. They don’t know. Sure, some […]
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Over the many years of helping investors, we have run into many situations when we are speaking to clients about estate planning for themselves, but also for their soon-to-be or current adult children. The problem is that most parents just aren’t informed enough to help their 18-year olds. Many times they need the right professionals, […]
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Estate Planning can be tricky and boring to read so here are 9 quick tips for advanced estate planning strategies. Peace of mind, financial freedom and quality of life are your goals. If you’re not achieving all of those right now, then schedule a strategy session with a fee-only financial advisor who works with local […]
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