Ideal 4 Point Retirement Plan
Do you like my 4 point plan?
This plan is a framework for what I consider to be an ideal retirement plan.
Part 1. In my ideal retirement plan, my wife and I would like to be able to spend and enjoy ALL (not just portfolio interest)…
Better Alternative to Long-Term Care Insurance
This is the vehicle I use to project my money from potential long-term care costs.
If you have accumulated financial wealth, any retirement plan worth a grain of salt addresses the potential cost of long-term medical care. You or your…
Is a Private Pension in Your Future?
With CD's paying next to nothing, we need some creative ideas to generate more income during retirement... Creating your own pension may be an attractive option for you. Most of us have a notion on what a “pension” is, as you or someone…
How to Save Big Money on Healthcare
I've been with Medi-Share for several years and it has saved me thousands in premiums.
Triple Tax Advantaged Health Savings Account's (HSA's) Are Amazing!
Love my HSA for super tax preferred savings!
Why You'll Never Spend All of Your Money in Retirement
Creating a private pension could be just what you need to maximize retirement income. Everywhere we look we are told to save now for our retirement years. Nothing wrong with that advice, but you should know that you're unlikely to enjoy a…
Insure Your Most Valuable Asset - Part Two
We know now that the future income of a working adult is usually their most valuable asset. The one thing that their entire financial plan needs to have in order for the financial plan to work.
As a planner, I have to recommend that we design…
Insure Your Most Valuable Asset - Part One
If asked, most people would say their home or possibly their 401k was their most valuable asset.
The truth is that if they are still a ways away from financial independence. Their future income is far and away their most valuable asset.
As…
How to Spend Your Retirement Nest Egg and Leave it to Heirs
Have Your Cake and Eat it Too
With your financial legacy it's possible, but it takes planning.
Life insurance is truly the asset of love. I say that because of the dual purposes it serves. Temporary or term insurance is true insurance, you…
Why Health Savings Accounts are Fantastic for Retirement!
HSA's have fantastic tax benefits!
How to Avoid Three Common Insurance Mistakes
There's no reason to make these insurance mistakes. Insurance is one of those areas where even financially bright people often make poor decisions.
Mistakes: MISTAKE #1. Carrying a low deductible on your auto insurance. This is…
Protect Yourself Against Uninsured Drivers!
An old college friend of mine (that happens to be an attorney) recently brought this to my attention:
The Importance of Uninsured and Underinsured Motorist Coverage
Trust me on this. You need at least $250,000 in Uninsured and Underinsured…
No Will Needed - Beneficiary Updates are Critical
Most of your assets will never pass on through your will (assuming you have one). IRA's, 401k's, life insurance and annuities all have direct beneficiaries that were recorded when you first signed up for them. For many of those assets, that…
Our Story
My wife, Soni, and I celebrated 23 years of marriage recently and I thought I would share what some of the key financial decisions we made along the way and the impact they had on our family. The themes are consistent: Figure out what is…