When Two Worlds Collide
Last week, Vladimir Putin launched an invasion of his neighbor Ukraine, despite repeatedly denying allegations he had designs to do so. It was a dramatic and sad day. With an increased anxiety level, I boarded a plane the next morning and traveled to sunny Florida for a preplanned, long weekend getaway. The airport was packed,…Read More
How the Proposed Tax Changes Could Affect You – Before the New Year
Why You Should Be Thinking About Taxes NOW October 2021 Tax planning is a key part of smart retirement planning. Without proper planning, you will very likely pay more taxes overall in retirement (and have less money to spend or give away). I have written on this before: Lower Your Tax Bill and Have More…Read More
Estate Planning Basics, Part 2: The Perfect Trustee
This is Part 2 in a two-part series regarding wills and trusts in estate planning. For an introduction into the differences between trust and will, please take a moment to read Estate Planning Basics, Part 1: Trust vs Will—Which One is Best? Named Positionsin Your Estate Planning When preparing your will or trusts, you need…Read More
Estate Planning Basics, Part 1: Trust vs Will—Which One is Best?
Estate Planning is the truest of love letters to your family. But which type is right for your situation? In this article, I will review the basic differences between trust and a will. Hopefully, this will help you to be better-informed and make the best decision for your situation. A Trust is (Almost Always) Better!…Read More
Women and Wealth: Take Control of your Financial Future in 8 Steps
Are you living in financial uncertainty? Do you dream of a dream of a life where you are confident about your financial future? In this article, I discuss the starting point – eight simple financial planning steps to get you started today. Are Women at a Financial Disadvantage? Much has been written about women and…Read More
Why You Need A Retirement Spend Plan and How to Build One, Part 2: Your Retirement Paycheck
Build Your Retirement Spend Plan (Part 2) Your Retirement Paycheck . You need a retirement spend plan before you retire. This means that you need a plan so you can pay your expenses and live an abundant life for all of your retirement years. You don’t want to overspend and run out of money. Nor…Read More
Why You Need A Retirement Spend Plan and How to Build One, Part 1:Spending
What is a Retirement Spend Plan? A retirement spend plan ensures that you have sufficient income to cover your expenses throughout your 35+ years of retirement. It’s a plan that aligns your money flows—money coming in and money going out. It helps to make sure you don’t run out of money or die with a…Read More
Do I Have Enough Money?
To Change My Work, My Priorities, My Lifestyle? To Retire? The Real Answer: Both Art and Science Do you spend time wondering if you have enough resources to stop working now (or change how you work) and begin the pivot to a different kind of life, one where working and saving is not your priority? …Read More
Be Fearless (But Smart) with your Retirement Portfolio!
When considering current events and the economy, are you concerned that the stock market is too high? How does this make you feel about how much of your retirement savings you should be risking in the market? You are not alone if you are worried about what to do with your retirement portfolio, even to…Read More
Lower your Tax Bill and Have More Money in Retirement
Many people will overpay their income taxes in retirement. Why? Because too few people know that future taxes may be reduced with timely and smart tax planning now. I am not suggesting anything illegal or unethical. Everyone should pay their fair share. But unless you wish to tip the IRS, don’t pay more than that. …Read More