Thermostats and Peanut Butter Jars
Category: Financial Planning » Retirement Planning
“Scrape the bottom of the peanut butter jar,” in order to set yourself, your family, and others up for future happiness.
Spring Training Thoughts for Your Portfolio
While the impact of each may not be dramatic on their own, collectively they add up and represent the things we do to incrementally add value to our clients.
Physicians: Debt vs Savings, Which Comes First?
Category: Financial Planning » Retirement Planning
Young physicians often ask, “Should I focus more aggressively on paying down my debt, or should I just do the minimum and try to save as much as possible?” That’s an excellent question, with lots of variables and layers.
457(b): The Good, The Not so Good, and The Not Good at All
Category: Financial Planning » Retirement Planning
457(b) plans can be a great vehicle for retirement savings if available, but they are often complex and come with restrictions 401(k) and 403(b) plans don't have.
Sequence of Return Risk
Category: Financial Planning » Retirement Planning
The first few years of market return during your retirement, could have a large impact on your portfolio and lifestyle. Ross Polking dives into the Sequence of Return Risk and why you should be aware of it.
Game Saving Plays for 2021 Financial Planning
Category: Financial Planning » Retirement Planning
Once the proverbial game clock expires on December 31st, our financial decisions are, for the most part, locked in. There’s no going back. Here are some suggestions to consider for your savings and/or to mitigate the tax bite for 2021.
Uncle Sam Wants His Money
Category: Financial Planning » Cashflow
Top Four Questions About 401(k) Plans
Category: Financial Planning » Retirement Planning
Retirement planning is a journey, and it is natural to have questions along the way. Here are some of the most important questions clients often ask me as a 401(k)-plan advisor.
Don’t Borrow from Your Future Self
Category: Financial Planning » Retirement Planning
While each person has different long-term goals, a common future desire that exists for most people is retirement. There's a day coming when you won't want to, or can’t, work anymore, and your income will need to be replaced. This is a huge “future self” liability that has to be considered.
457(b): The Good, The Not so Good, and The Not Good at All
Category: Financial Planning » Retirement Planning
457(b) plans can be a great vehicle for retirement savings if available, but they are often complex and come with restrictions 401(k) and 403(b) plans don't have.
Sequence of Return Risk
Category: Financial Planning » Retirement Planning
The first few years of market return during your retirement, could have a large impact on your portfolio and lifestyle. Ross Polking dives into the Sequence of Return Risk and why you should be aware of it.
Game Saving Plays for 2021 Financial Planning
Category: Financial Planning » Retirement Planning
Once the proverbial game clock expires on December 31st, our financial decisions are, for the most part, locked in. There’s no going back. Here are some suggestions to consider for your savings and/or to mitigate the tax bite for 2021.
Uncle Sam Wants His Money
Category: Financial Planning » Cashflow
Top Four Questions About 401(k) Plans
Category: Financial Planning » Retirement Planning
Retirement planning is a journey, and it is natural to have questions along the way. Here are some of the most important questions clients often ask me as a 401(k)-plan advisor.
Don’t Borrow from Your Future Self
Category: Financial Planning » Retirement Planning
While each person has different long-term goals, a common future desire that exists for most people is retirement. There's a day coming when you won't want to, or can’t, work anymore, and your income will need to be replaced. This is a huge “future self” liability that has to be considered.
Webinar: Navigating Elder Care
Healthcare expenses, long-term care, family dynamics — caring for an aging parent is complex. Making the right financial decisions now may make life easier for everyone.
Navigating the Course of Retirement Planning
Category: Financial Planning » Retirement Planning
Like in golf, planning for retirement is a game that requires strategy, focus, and a bit of finesse.
How to Use the Dollars: Building Your Income Stream
Category: Financial Planning » Retirement Planning
Retirement is exciting—but having a well-thought-out distribution strategy could help ensure your money lasts. Let’s explore the key considerations for crafting a smart plan that works for you.
When to Review Your Estate Plan
Being proactive with your estate plan helps to ensure that it will continue to serve your needs and wishes, providing clarity and security for you and your loved ones. Let's look at some examples of events and situations that typically require updates to your estate plan.
A Doctors Guide to Financial Planning Through a Crisis
Category: Financial Planning » Retirement Planning
Financial planning is always challenging. Doctors already have a compressed career timeline and the recent global crisis just adds to the complexity.
What to Do If Forced Into Retirement Early
Category: Financial Planning » Retirement Planning
Yet, all too often, there is a second group of retirees for whom retirement is filled with uncertainty. Let’s say that at age 58, suddenly you are forced to retire. This could be a full five to seven years before you planned. What do you do now?