retirement planning learning hub
The Retirement Tax Bomb
If you are a diligent saver socking away money into your retirement accounts, you may be setting yourself up for some unintended income tax consequences. The good news is with some careful planning, you may be able to defuse the effects of the “retirement tax bomb.”
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?
8 Investment Biases That May Be Ruining Your Portfolio
Understanding investment biases is crucial for making rational decisions. Learn about common biases like anchoring, confirmation, and herding that can impact your investment choices.
Get Your Investment Portfolio on Track for the New Year: 5 Tips for Reviewing and Rebalancing
Kickstart the year: Review your portfolio, get 5 tips for aligning investments with goals, and leverage a financial advisor for long-term success.
Mid-Year Financial Planning Check-Up: Addressing rising inflation and bear markets
Summer is a great time to perform a mid-year check-up of your current financial situation. Here are 7 things you can do right now to ensure you are meeting your goals and positioning your finances, so they are in great shape heading into the second half of 2022.
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.
Are Social Security Benefits Taxable?
Calculating the taxable portion of social security income and strategies to reduce it.
What is a Fiduciary Financial Advisor?
A fiduciary financial advisor places their client’s interest above their own. By doing so, the fiduciary is prohibited from earning commissions on the sale of products or presenting products that might create a conflict of interest between advisor and client.
5 Strategies to Protect Your FICO Score During the Covid 19 Crisis
Originally posted on LinkedIn on March 22, 2020
4 Questions to Ask When Deciding to Fund a Traditional or Roth IRA
Originally posted on LinkedIn on March 2, 2020