Greetings! I trust that this will find you well and enjoying life. Here are some common financial mistakes people fall prey to as they approach retirement. Do a quick check to make sure that you avoid them. In Your 40s and 50s Trying to keep up with the Joneses. Appearances can be deceptive.…
Continue Reading Financial Mistakes in Life’s Era’sCategory: Uncategorized
Having Meaning and Purpose in Retirement
Greetings! I trust that this will find you well and enjoying life. I want to challenge you to examine something about yourself. My question to you is, what are you developing that you can become good at to pursue and use in retirement to provide value and meaning in your life,…
Continue Reading Having Meaning and Purpose in RetirementHow Will You Spend Your Time in Retirement?
Greetings! I trust that this will find you well and enjoying life. Experiencing meaning, purpose, and happiness in retirement won’t happen unless you make it happen. Advanced planning on how you will spend your time and energy is as important as the financial planning you do as you approach the big…
Continue Reading How Will You Spend Your Time in Retirement?Downsizing Your Home
Greetings! I hope this finds you well and enjoying life. Sometimes retirement involves downsizing your home and it can be because of a host of reasons. So, let’s just sum those up by saying sometimes the need OR DESIRE to downsize happens. And when it happens it is a process…
Continue Reading Downsizing Your HomeWhat’s So Great About a Roth Conversion?
Greetings! I trust that this will find you well and enjoying life. Often in this newsletter we look at ways to reduce taxes. Today I want to talk about actually paying more tax intentionally because of a Roth IRA conversion. When you convert your traditional IRA to a Roth, you pay taxes…
Continue Reading What’s So Great About a Roth Conversion?Paying Unnecessary Taxes
Greetings! I trust that this will find you well and enjoying life. Here we are once again, income tax filing deadline time of the year unless of course you file an extension. I want to challenge you to ask yourself if you are doing everything that you can to minimize your…
Continue Reading Paying Unnecessary TaxesManaging Income Taxes on Your Investments in Retirement
Greetings! I hope that this finds you well and enjoying life! During your retirement years, it’s important to pay close attention to the income tax consequences of your investment decisions. If you receive a great deal of investment income when retired for instance, the taxation of your Social Security benefits may…
Continue Reading Managing Income Taxes on Your Investments in RetirementThere’s Always Opportunity to Save Money on Taxes
I trust that this will find you well in every way. In retirement finances, there are forces that we can’t avoid like the cycles and volatility of asset classes, the management of a company we are investing in, or decisions made by the FED. However, there is a definite force that…
Continue Reading There’s Always Opportunity to Save Money on TaxesYear End Client Letter
January 2, 2025 Dear Clients: Happy New Year! After a robust 2023 stocks had another strong year in 2024. In the displayed charts, the following exchange-traded fund data has been used as a proxy for index performance. “U.S. Bonds” by iShares Core U.S. Aggregate Bond ETF (Ticker: AGG). “U.S. Stocks”…
Continue Reading Year End Client LetterTrimming Your Tax Bill in Retirement
Greetings! I hope that this finds you well and enjoying life. A tax dollar not paid is a dollar in your pocket. Here are some tips that may assist you in trimming your tax bill in retirement. Give yourself options with the types of investment retirement accounts you own. Having a…
Continue Reading Trimming Your Tax Bill in Retirement