October 27, 2017
debt

Mortgage Debt: Pay It Off or Invest? Which Should I Do?

The thought of being debt free sounds like a dream come true for most of us. Many folks are wrapped up in credit card debt, car payments, mortgage payments, etc. However, there’s one debt freeing yourself from could do more harm than good, from a mathematical standpoint. That is your mortgage debt. Honestly, it’s often not a good idea to pay it off or even pay extra on it before age 50.
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.
August 1, 2017
2017 Estate and Gift Tax Limits

Estate and Gift Tax Limits for 2017

We all want to leave a legacy. When it comes to money though, the IRS has some say so, meaning there are some tax ramifications to transferring your wealth. Here are the estate and gift tax limits for 2017 you may need to know.
July 24, 2017
Liquid net worth used in emergencies

Liquid Net Worth – What it is and Why it Matters

Finance is a multifaceted subject. It cuts across various aspects of our lives and at certain times knocks the wind right out of us. For instance, today as I met with a client, we considered how to calculate liquid net worth. Yeah, I know Liquid Net Worth doesn’t garner the attention that Net Worth alone does. However, both calculations have their place in your finances. So I’m going to share a little about why liquid net worth matters and how you can figure yours out.
April 20, 2017
individual retirement accounts; retire with $100,000 per year in income

Can I Really Retire with $100,000 per Year in Income?

In a recent meeting with some long-term clients, we began updating their comprehensive wealth plan. I vividly remember their specific goal. They wanted to reach retirement with an annual income of $100,000. Years ago when their journey to their financial independence began, this number was out of reach. Now, due to their hard work and persistence, this goal is actually becoming a reality. If you’re asking yourself this question, “Can I retire with $100,000 per year in income?”, then let’s take a look at how you get there.
April 19, 2017
Dave Ramsey vs Robert Kiyosaki

An Epic Financial Battle! Dave Ramsey vs Robert Kiyosaki! Who’s Right?

I’m in the conference room today and we’re going to have an epic financial battle. Dave Ramsey vs Robert Kiyosaki. Dave Ramsey is famous for his Financial Peace series and Robert Kiyosaki is known for his book Rich Dad Poor Dad. Which strategy is right for you? Is one person right and the other wrong? Let’s look at the differences in how they approach finances! They have completely opposing views when it comes to some aspects of finances. We’re going to take their top seven financial strategies and dissect them.