How to Lower Taxes in Retirement

Recently, a new client visited our office. He had a good problem to have; he had saved too much money! With most of his money in a traditional IRA account, he was worried about the taxes. He came to us wanting to know how to lower taxes in retirement. Fortunately, there are many ways to lighten taxes in retirement – all without doing anything illegal or unethical. How is that the case? Well, grab a cup of coffee and settle in for our longest blog post ever! If…
Read more   [ + ]

The Best San Diego Financial Advisors (2018 Update)

Best San Diego financial advisor

Who are the best San Diego financial advisors? Glad you asked! In today’s post, I want to highlight a few that I have come to respect and admire. “You. Have. Lost. Your. Mind.” -Taylor’s wife First, pocket these free resources: 35 Critical Questions to Ask a Financial Advisor [Download the PDF] The 10 Biggest Mistakes to Avoid When Hiring a Financial Advisor [Download the PDF] The Letter Your Broker Won’t Sign [Download the Template] While I would love to help everyone in San Diego invest like…
Read more   [ + ]

Disability Insurance Defined: The #1 Reason You Need It (In Plain English)

define disability insurance

This guide has everything you need to know about Disability Insurance. So if you want to protect your income, save money, and avoid getting scammed by that pesky insurance salesperson, you’re in the right place. Keep reading… Before I define disability insurance, let me set the scene for you: Joe Danger, CPA earns $100,000 a year working at a Big Four accounting firm. In his free time, Joe likes to practice juggling chainsaws. During a recent chainsaw-juggling performance at the Del Mar Fair, Joe injures his…
Read more   [ + ]

Dividend Investing Defined (& 5 Reasons To Stay Away)

dividend investing

If you pay attention to financial pundits and money blogs, you have probably heard at least a handful of “experts” praise dividend investing. Let’s define dividend investing. Simply put, “dividend investing” is investing in companies that make regular cash payments to their investors. Some dividend investors roll this cash back into their investment. This allows those dividend investors to accumulate even more wealth over time. Obviously, this is genius! I mean, who wouldn’t want to earn cash dividends they can reinvest for a greater return?…
Read more   [ + ]

Credit Freeze Defined: How to Protect, Freeze & Unfreeze Your Credit

Define Credit Freeze

Why would you want to do a credit freeze? Well, unless you’ve been living under a rock, you are probably aware that Equifax dropped the ball in terms of leaking consumer data last year. In fact, many experts now say that the Equifax data breach that took place on July 29th, 2017 may have impacted as many as 143 million consumers in the U.S. The internet is full of helpful information about this incident, but there are two things I really want you to know…
Read more   [ + ]

Investment Policy Statement Defined

Define Investment Policy Statement

While there are a lot of tricky terms used in the world of investing, the concept behind the Investment Policy Statement should be fairly easy to understand. Simply put, the Investment Policy Statement (IPS) is a document that dictates how you invest your money. If you are working with a financial planner, the IPS will also dictate how that money manager invests your money on your behalf. Here’s why creating this document is a good move: while your financial planner may make plenty of smart investing…
Read more   [ + ]

11 Insanely Easy Ways to Save Money in 2018

Are you looking for ways to save more money? If not, you absolutely should be. And we are here to help. The Goal of This Article No matter how much money you make, limiting financial waste and living frugally will always leave you better off. The goal of this article is to educate, motivate, and empower you to keep more of your hard-earned money. When you save more money, you have more money to invest. And, if you have more money to invest,  you can…
Read more   [ + ]