Should I Pay Off My Mortgage Before I Retire?
There’s no universal right answer, but after 20 years of helping clients work through this question, I’ve seen a clear pattern: the clients who are most at peace in retirement, …
How Much Can I Withdraw From My Retirement Savings Each Year?
A commonly referenced sustainable withdrawal rate is generally somewhere between 3% and 5% of your retirement savings per year, with 4% sitting right in the middle as a widely studied …
How Much Can I Withdraw From My Retirement Savings Each Year? Read More »
Tax Planning for College and K5-12 Expenses
To decide on the appropriate account type, you need to first decide how you foresee using the funds. You also need to determine the amount of flexibility you want. In general, the more flexibility you desire, the less tax-advantages you receive. Below are some account types, common uses, advantages and disadvantages:
SECURE Act 2.0
On December 23rd of last year, Congress passed the Consolidated Appropriations Act of 2023, a spending bill that included the anticipated SECURE Act 2.0. Rather than sending you a copy …
The Gap in Financial Planning
Have you ever assembled a piece of equipment, or perhaps a toy for a child, stepped back and admired your great handiwork, only to find a part (or two) leftover …
Market Volatility, Inflation and War, Oh My!
It seems the quote, “This is a year to remember!”, now applies to every year. We have hopes of stability and normalcy as a new year begins, particularly with COVID …