Clients hear a lot about different types of financial risks they are exposed to when they plan for retirement; however, when you boil it all down they really care about only one risk and that is the risk of loss. Investors have lost 40% of their portfolio value since 2000… twice! One loss alone requires […]
Automated Financial Advice – Robo or No Robo? Read More »
Change, as annoying as it can be, is inevitable and so we must be proactive in dealing with it. This is especially true as it pertains to our finances. For most investors, qualified tax-deferred accounts (IRA’s, 401k’s, etc) are where the majority of their retirement assets are held. In that regard, there have been recent
IRA Planning – What Now with New Tax Laws? Read More »
In Part 1 of The Five Critical Puzzle Pieces of Your Retirement Plan (here), we detailed how putting your retirement plan together is like fitting together or coordinating the pieces of a puzzle…some of which are constantly changing. We looked at the first of the five puzzle pieces, the Income Plan. In this post, we’ll
The Five Critical Puzzle Pieces of Your Retirement Plan – Part 2* Read More »
My wife and I are pretty spontaneous travelers. In spite of this, we have found that planning around a few basic things based on where we travel can really help us get the most out of our getaways. Doing some pre-planning around things like our ultimate destination, how long we’re going to stay, specific directions
The Five Critical Puzzle Pieces of Your Retirement Plan – Part 1 Read More »
As most of you probably know, the new tax law that went into effect for 2018 presents both challenges and opportunities for many. For many of our clients, one of the opportunities this change created concerns Roth IRA conversions. To refresh your memory, a Roth conversion is different from a Roth contribution. A conversion simply
Roth IRAs and the New Tax Laws Read More »
In our first post on “Your Personal Billionaire Mentor” (here), we looked at the first two secrets for building wealth drawn from the book “The Richest Man in Babylon” and its primary character, Arkad. He apparently did pretty well for himself, as he went from poor scribe to reportedly being the richest man in all
The Secrets of Arkad: Your Personal Billionaire Mentor – Part 2 Read More »
Imagine what it would be like if you could be personally mentored by a billionaire. Do you think you would learn anything about building wealth? What could you teach your children? According to Forbes Magazine’s list of billionaires from March 2019, Jeff Bezos sits atop the leader board of the world’s 2,153 billionaires at $131
The Secrets of Arkad: Your Personal Billionaire Mentor – Part 1 Read More »
In our previous post, we discussed that when it comes to retirement planning, one way to eliminate the discomfort of what for many is a painful process is to make sure you have a plan in the first place. Most people don’t and instead focus their efforts are buying certain types of financial products. In
Hound Dogs and Retirement – Part 2 Read More »
I recall the story of a man walking down a country road who hears the awful sound of an animal in pain. As he nears an old shack along the dirt road, he spies an older gent on the front porch, calmly rocking in a creaky old rocking chair. Beside him his hound dog raises
Hound Dogs and Retirement Planning – Part 1 Read More »
As of the end of 4th quarter 2018, the markets and everyone in them experienced a beating. The past has a way of repeating itself and it certainly did in the market last fall. The bull market enjoyed for over nine years, which was and still is extremely overbought and in desperate need of a
Investing – Is Your Discipline A Disaster? Read More »
