The Ideal Place to Retire
One of the fun things that I hear from most ‘pre-retirees’ is that they have several options to consider while they are deciding where they will eventually light. They can stay where they are, sell and downsize in another part of town, sell and move out of state or the country. The answer right for […]
The Enduring ‘Everything’ Market
I’ve been trying to define the current stock market. There has been some volatility – the big dip in 2020, a couple of corrections in 2022 and then there was the a month or so of downside in the 2nd quarter of this year. But overall, we’ve enjoyed a steady climb upwards. The S&P 500 […]
Can You Afford a Home? Save a Bit More…
One of the biggest drivers of the American economy is the purchase of a home. The housing industry employs so many different people… who all ‘generally’ pay taxes and they in-turn invest what they make into other sectors of the economy. And, there are the indirect costs of home ownership that include everything from furniture, […]
Slow Down Your Aging
The key to a good financial plan is to develop a strategy that helps you accumulate assets during your working years to create enough income to maintain a lifestyle in retirement that you don’t outlive. To do that planning, we need to know something that’s impossible to predict. That’s ‘how long will I live’? We […]
The Key to Your Financial Plan
There’s one critical assumption that you need to make when you create a financial plan: How long will you live? Without an projected longevity date, we can’t make projections on your wealth and how you’ll create income before you leave this earth. Life expectancy is the foundation for any retirement plan. And, since no two […]
Short and Long Term Financial Goals
Investors may often have long-term accumulation and growth as their primary objective for their retirement accounts – but what determines whether a financial goal should be considered long, or short term? These may seem simple: long term is a ‘long ways’ away, and short is more immediate. It’s more complex than that. And the underlying […]
The Savings Mindset
It’s fun to spend, but many get great satisfaction from saving as they do from spending. Unless you’re a trust-fund baby – you’ll probably need to save for the big things like your education, house, car and retirement. That’s tough to do; particularly when tempted by flashy-shiny objects that entice us every day. We can […]
Short and Long Term Losses and Gains
No one likes to see their investments go down in value. But, volatility can help you with your taxes. It’s all about balancing gains and losses. I need to add a disclaimer – if you’re going to execute any complicated tax strategies -please work with your Certified Financial Planner and your tax specialist to ensure […]
Who Really Pays Taxes?
Stating the obvious: I don’t like paying taxes. But when I boil down what we get back from those taxes… like most Americans I don’t mind paying my fair share. We have an educated public mostly because of school taxes. I believe that we all benefit from an educated population. Physical infrastructure and lots of […]
Financial Fails
I thought that the internet would help uncomplicate my life. Unfortunately, it hasn’t. When it comes to our personal finances, the glut of ignorant, profit-driven, well-meaning and even good advice on social media and other sites is overwhelming. So, it makes sense that several people make financial moves that hurt their bottom line. Here are […]
