retirement planning learning hub
Retirement Case Study: Age 60 With $2M In Pre-Tax 401(k)
I’m $60 with $2M pretax in 401k! How Do I Minimize Taxes? Where Should I Take Money From First? How Will Strategic Roth Conversions Save Taxes Over My Lifetime? How Can I Reduce The Taxes Associated With My RMDs?
How Charitable Giving Can Lower Your Income Taxes: 4 Smart Ways To Give Tax-Efficiently!
Donating to charities can provide two critical benefits: it allows you to support causes close to your heart, and it can provide significant income tax benefits. Learn more about how to maximize the tax benefit of your charitable donations.
Deciding What To Do With An Inheritance?
Have you received a large inheritance and have no idea what to do with it? This article discusses ten crucial things you should do if you've come into a large inheritance.
10 Questions You Should Ask A Financial Advisor Before Hiring One!
Choosing the right financial advisor might be one of the most important decisions you make regarding your financial future. Before you start working with a financial advisor, you need to ask them the right questions. In this blog post, I'll share ten questions you should ask any potential financial advisor to ensure they're the right fit for you.
Unveiling the Untold Truths of Retirement
Retirement often stands as the ultimate destination, a promising respite from the rigors of work and a chance to bask in the glory of our hard-earned twilight years. Yet, there exists a realm where misconceptions collide with reality. From financial intricacies to psychological adjustments, we delve into the nuances and offer insights that may challenge conventional wisdom about life in retirement.
Navigating the Retirement Income Gap: 11 Strategies to Maximize retirement
The retirement income gap is the time between earning a full-time salary and receiving retirement, pension, or social security benefits. It can be a period of great stress for some people. But used correctly, it can be a period of great opportunity.
How to Find A Fee-Only Financial Advisor in Irvine, CA
Selecting the right financial advisor is crucial, and you should feel confident that the advice you receive is genuinely tailored to your needs and not driven by an advisor's economic interests. So, how can you ensure that you're making the right choice?
What is a financial plan?
A financial plan is like a roadmap for your personal finances. At its core, the financial plan does essentially three things: it assesses where you are now, defines where you want to be, and provides you with the action plan to help get you there.
A One-Time Financial Plan or Ongoing Financial Planning: Which one is the best for you?
As a fee-only, fiduciary financial advisor, financial planning is my firm's core offering. But not all clients' needs are the same. Our financial planning offering comes in two formats: the one-time financial plan and ongoing financial planning. Which one is right for you? This article will help you decide.
Mid-Year Financial Check-Up: 7 Things You Can Do Today!
Mid-Year Financial Check-Up: 7 Things You Can Do Today!
The Two Most Important Documents You Need to Start Your Retirement Planning Process
The first step in the retirement planning process is to assess your current financial condition. The two most important documents that help you do this are your statement of net worth and your personal income statement.
What is your financial adviser's process?
How can you tell if your adviser is a fiduciary, fee-only financial adviser? The easiest way is to ask them about their financial planning process.
Strategic Ways to Use Donor Advised Funds
In order to employ them effectively, it is important to understand the structure, the income tax treatment, and the strategies available that will provide the most bang for the buck.