Post-Retirement Planning Archives

Leading By Example

My wife, Soni, and I pulled the trigger and bought a second home in Naples this past December. Just last week I was invited to play golf with a client that flew down from O'Hare and his threesome in Naples. We had a great time. He wondered…

Achieving Financial Independence, Post-Retirement Planning, Retirement

Time to Convert Old 401k/IRA to Roth IRA

Thanks to Trump’s Tax Cuts and Jobs of 2017, we have historically attractive marginal income tax rates. If you convert (or withdraw) any part of a pre-tax IRA (think old 401k) to a Roth IRA, you treat the amount you convert as ordinary…

Achieving Financial Independence, Post-Retirement Planning

Will You Have Enough Money to Retire? Benefits of Online Financial Planning

Will we/I have enough money to quit (RETIRE) my current job? It's the million-dollar question. If so, what choices will we have if we quit? If you're ready to examine this and want to do it while at home then you should know you can do…

Achieving Financial Independence, Balanced Living, Post-Retirement Planning

You May Be Living in Poverty and Not Know It

Are you living in spiritual poverty? Poverty means "living without". It's usually used in the context of "without financial means for basic necessities". During the current shutdown I bet most of us realized that other than food, we already…

Achieving Financial Independence, Investments, Post-Retirement Planning

5 Powerful Reasons to Invest in ETF's

Exchange Traded Funds (ETF), have become increasingly popular. ETF's have some significant advantages over traditional mutual funds. ETFs are similar to index mutual funds. Index mutual funds and ETFs often duplicate their holdings. within…

Achieving Financial Independence, Goals-Based Planning, Investments, Investor Psychology, Post-Retirement Planning

Two Emotions Kill Your Investment Returns

Will coronavirus fear kill your portfolio?

Achieving Financial Independence, Investments, Post-Retirement Planning

Capitulation in Stocks, Bonds and Oil Prices Over Coronavirus

Warren Buffet's famous advice is to "Buy when there is blood in the streets". I believe that we are about there. "Fear spreads a lot faster than this virus." Dr. Drew On Coronavirus: ‘Businesses Destroyed, Lives Upended — Not By Virus,…

Government & Politics, Post-Retirement Planning, Retirement, Tax Planning, Virtual Financial Planner

How to Maximize Social Security

What you should know about about Social Security.

Achieving Financial Independence, Balanced Living, Estate Planning, Post-Retirement Planning

Are You Failing Your Parents When They Need You Most?

Are you failing your parents when they need you most? I know you're busy with your life; your work, home, kids, etc., but if you haven't circled back with your senior citizen aged parents about their life plans, it's time…

Achieving Financial Independence, Estate Planning, Post-Retirement Planning, Retirement, Tax Planning

Massive Tax Break for "Doing Good" - CRT

Huge Income Tax Savings and Retirement Income Strategy Awaits You! After a ten-year Bull Stock Market run you may own stocks or stock mutual funds that have huge taxable gains waiting for you if you were to sell. Q. Why would you want to sell…

Achieving Financial Independence, Goals-Based Planning, Post-Retirement Planning, Retirement

Did You Screw up Your Retirement Planning?

The impact of including inheritance in retirement planning.

Achieving Financial Independence, Balanced Living, Goals-Based Planning, Post-Retirement Planning

What it Will Take for You to be Financially Independent?

It all comes down to spending. Your ability to be financially independent is primarily based on your overhead. On one end of the spectrum, you could live in a trailer park, paying cash for your trailer and live on groceries and minimum utility…