If you’re wondering what a side letter of instruction is, you’re not alone. To help you understand what this term really means, I want you to consider the following story: Imagine a husband and wife who have been married several years. Like many couples, only one spouse has taken a big interest in the household…
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For some people, the idea that money = freedom is absurd. Some may even be offended by the idea. Or perhaps enraged. Why such strong feelings? People can have complicated feelings about money. And they may even see their financial success or failure as part of their character. So, when you mention the fact that…
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Recently, we completed a financial plan for a young professional (we’ll call him Adam). I’m happy to say that Adam was on a good track. He was maxing out his 401(k) each year and held small taxable and Roth IRA accounts as well. Prospects were bright for Adam: at his savings rate, the retirement he…
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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…
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If you’re is looking for a way to be smarter with your money, you might want to think outside the box. Sure, you should invest heavily for retirement and buy the right insurance products to protect your assets, but you probably already know that. There is another unique strategy to consider. It’s a combination you may…
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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…
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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…
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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…
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