February 16, 2018
inheritance

I Just Inherited Money! Now What?

Have you ever been the beneficiary of a nice little sum of money or some other inheritance? If so you know deciding what to do with inherited money can be tricky, but it doesn’t have to be. Here are a few ideas on how to spend sthe unexpected cash — HINT: these tips can also be a good way to make use your tax return, if you get one!  
February 5, 2018

Top 5 Must-Read Finance Books

Building wealth isn’t rocket science, but it does take some extra effort to understand the dos and don’ts that will get you where you want to be. If you’re looking for a good place to start that edification process, then look no further than these five finance books.
January 26, 2018

Income for Life Retirement Strategy #12: Moving from Your Home

Downsizing, especially after the children are on their own, is a frequently used approach for managing your income for life. Reducing housing expenses can save tons of money. If you reside in a highly appreciated area where your home could be worth a lot of money, selling can free up a substantial amount of cash flow or even be used to wipe out debt. What is left over can then be added to your nest egg or even used to cover future long-term-care expenses. Keep in mind, if you are married you can protect up to $500k of your profit from capital gains taxes when you sell your home. If you single, it is half of that amount.
January 17, 2018
Communicating with a financial planner

Top 3 Questions to Ask Before You Hire a Financial Advisor

Choosing a financial advisor can seem overwhelming when you first start…especially if you’ve never delved into the financial world yourself. It can be tough knowing what to look for. However, there are some strategies that you can utilize to find the advisor that gels with your needs the most and will help you reach your ultimate goal. Making use of these three questions will undoubtedly land you with the advisor that can help you trek down the path you desire.
October 21, 2017
stack of gold bars

Will Gold be a Good Investment in 2018?

We’ve all heard and seen the “buy gold” advertisements on radio and television. Usually, a paid celebrity will talk about how “bad” the markets can be and then pitch a gold product. The question is, how much attention should we give to these ads? Will gold be a good investment in 2018? They tell us if the stock market crashes, this is one investment that won’t go belly up. However, gold is always compared to stocks, not fixed incomes like bonds.
October 20, 2017
what is a Tax Triangle

What is a Tax Triangle and Why Does it Matter

The Tax Triangle – a concept I utilize with our clients that we work with for years and years and years. It is a concept I use to illustrate where to position our money today so that we end up with the most favorable income coming to us in retirement… for tax purposes. But what is a Tax Triangle?