August 20, 2019
Life Insurance to Fund Retirement

Should I Purchase a Life Insurance Policy to Fund My Retirement?

Today, I want to discuss using a life insurance policy for retirement funding. There are plenty of people out there selling this as a sound financial strategy to avoid the penalties of early withdrawal from a more traditional retirement plan. Let’s go over this and see if a life insurance policy is really the best way to fund your retirement.
June 11, 2019
How to Avoid the 10% Early Retirement Penalty

Can You Avoid the 10% Early Retirement Penalty? 10 Possible Ways

Not surprisingly, people want to make sure they have the income to last throughout their lifetimes. If you plan well, you could theoretically retire at age 55, 50, 45 or sooner. Maybe you’ve sold your business for profit, you’ve maximized your retirement account contributions for years, you’ve invested in non-qualified accounts, and you own multiple rental properties. At that point, you could take a blended distribution from various accounts and investments so that your money continues to grow tax sensitive to you. However, if you take distributions from your retirement accounts before age 59 ½, many times, you will owe the IRS a 10% early distribution penalty. Sometimes, though, the government will waive that 10% early retirement penalty if certain conditions are met. Let me explain.
March 7, 2019
target date fund million dollar investing mistakes

Are You Making a Million Dollar Mistake by Investing in Target-Date Funds?

Last week I was meeting with a client, and we discovered a one million dollar mistake specifically related to Target-Date Funds in his 401(k). Are you making the same mistake? Let’s dig in and find out.
March 5, 2019
Why You Will Never Retire to a Life of Leisure

3 Reasons Why You Will Never Retire…to a Life of Leisure

We all have hopes and dreams for retirement — traveling, relaxing, playing golf every day. Personally, I see myself sitting on a beach after a morning of wetting a line (a.k.a. fishing)… basically enjoying the vacation life every day. However, unless you take necessary steps you simply won’t be able to retire to the full lifestyle they often picture in TV commercials and magazine ads.
February 28, 2019
Should I invest in my small business?

I Made Extra Money…Should I Invest in Myself or Invest in My Small Business?

As a small business owner myself, I understand the struggle so many of you face, and I’d like to offer this small piece of advice to my fellow go-getters. If you make extra money this year, instead of investing more money in your business, invest it in yourself first. Let “slow money” be your greatest resource when it’s time to wind things down. Let me explain.
October 5, 2018
Get Started Planning for Retirement

The Steps to Get Started Planning for Retirement for Millennials

Most of the people who come in to talk about retirement are already middle-aged, and the end of their careers is looming within the next decade or so. Sometimes they’re prepared, but more often they’re not. I don’t get the pleasure of working with young couples and individuals as often as I’d like. Yet these people have the opportunity to make the most of their work years. With a little planning, some wise decisions, and a few (minor) sacrifices, they can help get on track for a secure and fun retirement. Add a little luck, and they may even be in a position to extend the fun by retiring EARLY!