Handling retirement alone can be challenging. And if you’re a grieving widow, you may find those challenges even more difficult. Not only are you trying to navigate what lies ahead, but you may also need to incorporate what’s been left behind. Unfortunately, it can also be difficult to find the right help. And while well-meaning …
Today we dive into permanent life insurance and what consumers should be aware of before purchasing. Permanent life insurance is one of the most misunderstood (and oversold in my opinion) insurance products. There are some reasons that you may want permanent life insurance, but term life insurance may be the better option. This podcast episode …
Is Permanent Life Insurance The Right Choice For You? Read More »
Solopreneurs are innovative, hard-working, and exciting people. Self-employment can be a really wonderful and rewarding career path. There are many financial planning implications to consider, especially if you are a one-person operation. You have many unique challenges that I’d like to talk about from my perspective as a fee-only financial planner. I wrote an article …
Solopreneurs: Unique Needs, Solo 401K, and More! Read More »
Why Planning For Taxes Is Such A Big Deal Taxes are going to be the largest expense in retirement for most of us. This isn’t true for everybody though. Tax preparation, done each year, is looking backwards for the prior year. So you calculate what you owe and then you pay it or get a …
Foundational Tax Strategies To Keep More Money In Retirement! Read More »
Estate planning isn’t just for the wealthy, and it is more than a set of documents (although it is still both of those things). Estate planning allows you to decide ahead of time how you want your assets distributed when you die, lessen the administrative burden for your surviving family members and, if you want …
What is Estate Planning and How to Talk About It Read More »
5 IRA Strategies and Mistakes You Need to Know IRAs, or individual retirement accounts, are tax-deferred investment accounts. You can either fund them directly, assuming you otherwise qualify, or use them to rollover 401k/403b funds. For this reason, these accounts have become a cornerstone of retirement planning and there is enough complexity to create plenty …
Join us as we discuss the various financial planning strategies that should be considered as we approach the end of the year. There are some strategies that apply every year, whether we have an election or not. We also discuss some potential ramifications from the election outcome, and why you may want to wait and …
Solopreneurs are self-employed without employees. This unique income arrangement comes with some unique challenges and opportunities, including one of Robert’s favorite planning tools: The Solo-401k. Read the Guest Post Listen in your favorite podcast app!
Retirement planning often revolves around specific ages. Beginning with 50, there are several specific issues you need to be aware of as you turn certain ages. We walk through those in this episode and discuss the planning opportunities associated with each. Blog on same topic Lower Your Taxes in Retirement 9 Mistakes to Avoid When …
Join us as Robert talks through an article that is an excerpt from a book by Larry Swedroe, a prolific financial author. Women are statistically more likely to retire in poverty and Larry points out several reasons for this, including the wage gap, women living longer, working fewer years, more conservative investors, not satisfied with …
