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4 03, 2016

Step On Up

Though I like to step up on the dance floor with my version of the Sprinkler, Churning Butter, and other assorted moves designed to embarrass my wife and kids, that’s not what this topic is about. The step up in basis is one of the least understood topics we deal with during our lifetime. WARNING: [...]

26 02, 2016

Give Better

Your financial plan focuses not only on the resources available to you during your lifetime, but also involves what you leave for future generations. We use the term “legacy planning” to encompass both generational transfer and planned charitable giving. You’ve worked your entire life to support your family and deserve the peace of mind that [...]

12 02, 2016

You Can’t Spend Dirt

As I mentioned previously, cash flow is of paramount importance in retirement. Eventually, real estate or partnerships must be turned into something more liquid to live on. But here is another potential problem in retirement most people haven’t considered: what if you live too long and are too healthy? No, that was not a typo. [...]

5 02, 2016

Insurance Meets Wall Street

We covered some annuity questions earlier, but we didn’t fully address another type of annuity called the “variable annuity.” More people buy this than any other kind of annuity. Some items sell well because they are the best. Others sell well because a great deal of effort is put into the sale. This is a [...]

2 02, 2016

Maintaining Your Financial Health

Early on in life we begin to be educated on ways to incorporate healthy habits into our lives. As a child I can recall being taught in school the proper nutrition guidelines from the government. It’s evolved so many times it’s hard to keep track whether it’s still a pyramid or has been changed to [...]

29 01, 2016

Healthcare: I’m Older, Can I Afford to See the Doctor?

Unless you are like Brian’s dad, who won’t go to a doctor unless he can see the broken bone as it pokes through his skin, most of us visit the doctor more often as we age. So the question I’m often asked is whether health care costs will send a retiree to the proverbial poor [...]

22 01, 2016

Making Life Insurance Less Confusing

Life insurance is a confusing concept for many of our clients. The confusion starts with the name “life” insurance because these policies don’t pay out their benefit until someone is dead. The marketing and advertising people probably got it right though, because “death insurance” isn’t a very marketable term! In our experience, we have found [...]

19 01, 2016

Challenges Every Investor Faces

I hope you all had your seatbelts on for last week’s wild ride through the markets. What started on the other side of the world quickly headed our way like a tsunami and wreaked almost as much havoc. But just like the seas calm after a storm, so too will the markets recover and hopefully prosper at [...]

15 01, 2016

Christians, Mechanics, and Your 401(k)

Look, just because someone may go to church on occasion, this fact alone does not make them a Christian. Similarly, I own a garage and many tools, but I can assure you that I will never be mistaken for a mechanic. Yet all of us who participate in 401(k) plans are required to self-direct our [...]

12 01, 2016

Trust: The Relationship Cornerstone

Trust: The Relationship Cornerstone - Let’s start the year off with some relationship basics. Honesty and integrity are two traits that I look for in any relationship, whether it is business or personal. Without those basic qualities you can never build trust, and trust is the cornerstone of any long lasting relationship. If you are [...]