Whenever I ask someone if they work with a financial advisor, the response is often, ‘Oh, I don’t have enough money for that’. That line gets thrown around a lot, and honestly, it couldn’t be more wrong. The truth is, you don’t need a lot of money to benefit from financial planning. In fact, financial […]
Think Financial Planning is Only for the Rich? Think Again! Read More »
Becoming a millionaire may seem like a distant dream for many, but it’s a goal that’s more attainable than you might think—with the right strategies and mindset. While you can’t control the stock market or predict economic downturns, you can control your financial habits and investment strategies. By focusing on the fundamentals of investing and
How to Become a Millionaire: Controlling What You Can Control Read More »
Retirement planning often focuses on saving and investing, but there’s another crucial aspect that’s sometimes overlooked: how much cash should you keep on hand once you retire? Striking the right balance between having enough cash to cover immediate needs and avoiding too much sitting idle is vital to ensuring financial security and peace of mind
How Much Cash Should You Keep in Retirement? Read More »
Roth conversions have become a popular strategy for individuals looking to optimize their retirement savings and reduce future tax burdens. However, the decision to convert traditional IRA assets to a Roth IRA isn’t always straightforward. It involves understanding the tax implications, timing, and specific rules like the pro-rata rule, which can complicate the process. In
Should You Do Roth Conversions? Read More »
When it comes to getting a new car, one of the first decisions you need to make is whether to purchase or lease. Both options come with their own set of advantages and drawbacks, and what works best for one person might not be the right choice for another. This decision often hinges on several
Should You Purchase a Car or Lease? Read More »
Deciding whether to pay off your mortgage or invest can feel like choosing between two equally appealing paths. On one hand, there’s the security and peace of mind that comes with being debt-free. On the other, there’s the potential for higher returns from investing your money elsewhere. This decision is not one-size-fits-all; it depends on
Should You Pay Off Your Mortgage or Invest? Read More »
Inheriting an IRA can be a significant financial opportunity, but it also comes with its own set of rules and complexities. If you’ve recently inherited an IRA, you might be wondering what steps to take next. This blog post will walk you through the essentials of managing an inherited IRA, whether you’re a spouse or
Inheriting an IRA: What You Need to Know to Make the Most of It Read More »
Leaving a job is a big deal, and it comes with a lot of important decisions—one of the most significant being what to do with your 401k. Should you roll it over to a new plan, or should you just leave it where it is? In this post, we’ll break down your options so you
Should You Roll Over Your 401k When You Leave Your Job? Read More »
