Category: Wealth Strategy

One of my favorite tasks as a financial planner is to help clients plan for retirement. We gather data and run Monte Carlo simulations and tax analyses, but often that planning process runs much deeper than asset allocation and withdrawal strategies. Recently I had the pleasure of meeting with a couple in their early fifties. [...]

If you’re planning to retire early, remember to include the cost of health insurance in your financial plan. Medicare eligibility begins at age 65, but until that time you’ll need to enroll in a private insurance plan.  Be sure to check your eligibility with COBRA from your prior employer as well.  COBRA premiums can be [...]

Let’s face it: monthly debt payments can feel overwhelming, right? If you chat about it with anyone, chances are you’ll find someone who understands. Many of us carry debt, whether it’s from student loans, a car loan, or personal loans. The interest rates can vary greatly depending on when you took on the debt and [...]

Backdoor Roth IRA contributions are a commonly used planning technique to help high-income earners contribute to a Roth IRA, even when their income is higher than the maximum set by the IRS. While the strategy is commonplace, the logistics are often misunderstood. This can lead to misconceptions and potential errors on tax return filings. In [...]

My fitness class always starts with a “question of the day” so we can get to know each other. Yesterday’s question was particularly well worded, so I am going to steal it for our purposes of this blog post. The question was: “What is a short-term goal (2-3 months) and a long-term goal (12 months) [...]

There’s one thing we can always count on at the start of each new year — new contributions and gifting limitations from the IRS. As you begin your planning for the year ahead, we’ve highlighted some of the key 2025 changes to be aware of for retirement accounts, health savings accounts, and gifting. Individual Retirement [...]

Many of our clients who retire from large technology companies or start-ups have been approached with opportunities to consult or serve as a board member. While it’s tempting to step away from work entirely, there are several reasons why setting up a business and taking on part-time work may be beneficial for your overall retirement [...]

Starting college is a big life transition for both students and their parents. While your child may be focused on orientation and choosing courses, there are important financial considerations that accompany this change as well. Some are administrative items for you to consider, such as getting legal documents in order, paying expenses from a 529 [...]

“Choose a job you love and you’ll never have to work a day in your life” ~ Confucius. As you approach retirement age, the first step to set yourself on a path for a successful retirement is to envision what that successful retirement will look like. Being able to visualize what you want for your [...]