Relying on tax-deferred solutions is "a bit like going into a business partnership with the IRS. The problem is every year the IRS gets to vote what percentage of your profits they get to keep".
Become obsessed with savings! Here are some tips and tricks on how to have an OSD. Think of it as a challenge. As Jay-Z says, “You can’t afford something if you can’t buy it twice.”
Women are living longer, earning less, and usually have periods of time when they are not in the workforce earning an income... yet you’re still expected to have enough money to last through all of this. Here are 5 actionable steps you can take today to take control over your money and financial security.
Everyone is seeking the ‘perfect investment’. Few things in life are perfect, and that goes for investments too. Read more about what to look for in an investment that makes it perfect for you and your goals.
For Ruvin’s four-year old son, paper money means nothing to him because it doesn’t make noise in his piggy bank. What is your relationship with money? How do you value it?
You work hard for your lifestyle and you deserve peace of mind. Without the additional liability coverage, many people’s current and future assets and income could be at considerable risk in the event they had to pay off a legal judgement.
Don’t forget your umbrella, there could be a storm coming!
How are darts and financial planning similar? It takes practice, consistency, and commitment to hit your target! Set a goal, take aim, and fire away to hit the bullseye. Let’s talk about the ways we can throw your dart to get you to where you want to be financially.
Are you relying on the luck of the Irish to get you where you want to be financially? Hoping to follow a rainbow to riches? While that does sound enticing, I’ve yet to find a leprechaun who can click his heels and get me instantly to unlimited wealth (but if you know of one, please send him my way). The smarter and harder you work, the luckier you get!
As much as I’d love for this blog post to detail all of the awesome wedding planning we’ve done and how we have all of the tips and inside information for any of you out there starting on this planning journey, I’ve been informed (by my fiancé of course) that Pinterest & TheKnot are the likely go-to places for that sort of thing. What I will share however, is the path we’re taking to combine our finances and unite two completely independent people financially.
With the new year comes many exciting changes, new careers, promotions, & a fresh start to make all of our mistakes or shortfalls from last year a thing of the past. I absolutely love the new year, except that one little nuisance that seems to show up at the beginning of every year, Tax Season!
Maintaining your financial security doesn’t happen by accident. It requires examining your current circumstances; identifying your goals and objectives; developing a plan to achieve those goals and objectives; and taking action to implement your plan. A carefully thought out retirement distribution strategy will not only help ensure that you don’t outlive your assets, but it will also help you avoid paying unnecessary taxes and/or penalties in the event you don’t get around to spending them.
Just as physical fitness can renew your vitality and increase your energy, fiscal fitness can help to invigorate your financial future. Don’t be fooled, because this too takes discipline. The following test will help you measure your fiscal fitness. If you are one of the fortunate people who have everything well under control – carry on. If you don’t fall into this category – then it might be time for a check-up.
We know what we don’t know. So let’s continue forward with what we do know. We know how different accounts are taxed and the value add that can provide. We know that long-term savings require consistency and diligence. Most importantly, we know that financial success is created by planning.
Congratulations to all of my attorney friends and clients who summited the mountain and made Partner. The mountain you climbed was steeper than it was for the Partners before you and the associates following you. So now what?