May 17, 2018
Financial Teams Tax Strategies Saved Small Business Owners 40000

Financial Team’s Tax Strategies Saved Small Business Owners $40,000

As a business owner, one of the biggest challenges is keeping as much of your hard earned money as possible in your own pocket. Last year some clients of mine wanted to find a way to do just that. So I sat down with their CPA and tax attorney to come up with a solution to help do just that for this couple. Let me set the stage for what we did for them.
May 10, 2018
exit planning

What Exit Planning is NOT?

One of the topics I constantly discuss with Financially Simple visitors and clients, especially the ones who own businesses, is exit planning. To explain the concept to people, I find that it’s sometimes easier to tell them what Exit Planning is NOT. 
May 10, 2018
pay off 401(k) loan

Should I Pay Off My 401(k) Loan?

There are times when you need to come up with cash fast. When that happens, taking a loan out of your 401(k) may be a good option for you. After taking out a first position mortgage and second position mortgage, some clients found themselves in this exact situation. So they turned to their 401(k) to finish coming up with the money they needed.
April 26, 2018
discovering your risk tolerance

Is The Stock Market Going to Go Up or Crash?

One of the most common questions I get on a daily basis is—will the stock market go up or down in the near future? My standard response to that is—it’s going to go up OR it’s going to go down. Pick your direction. If the stock market was predictable from one day to the next, then we wouldn’t have the Powerball! We would all be independently wealthy.
April 19, 2018
making a huge mistake

Are You Making a HUGE $350,000 Mistake Taking Money Out of Your Retirement?

Pulling money from your retirement account could cost you more than you think. No matter how small the amount, it could be costly to your future. Most people will judge the value of a financial advisor by how big or how great their portfolio performance. However, I’m here to tell you that’s not always the case. A true wealth planner someone who can look holistically at someone’s wealth can save you a ton of money. Let me explain.
April 16, 2018
business valuation meeting

How is a Small Business Valued?

 When it comes to owning a business, it’s been stated that 80-90% of our net worth is tied up in our business. Many times business owners will go out and hire an investment advisor and pay them 1% to manage small portion. Yet, we’ll look all around trying to figure out how to grow the value of your business.