Max Out Your 401k with the New $23,000 limit
The IRS has raised the 401k contribution limits for the 2024 year to $23,000.
Max Out Your 401k with the New $23,000 limit Read More »
The Pros and Cons of Renting Versus Buying a Home
The pros and cons of buying versus renting a home considering the recent increase in mortgage rates.
The Pros and Cons of Renting Versus Buying a Home Read More »
10 Ideas To Earn Part Time Income In Retirement
Ten potential ways to earn part time income during retirement.
10 Ideas To Earn Part Time Income In Retirement Read More »
Roth IRA Strategies After SECURE Act 2.0
On December 23, while most of us were beginning to celebrate the holidays the president signed a massive $1.7 Trillion Omnibus bill to fund the government. Tucked away in this 4,000 page bill were significant changes that will impact retirement savers known as Secure Act 2.0. While there were many changes in the new law
Roth IRA Strategies After SECURE Act 2.0 Read More »
Early Retirement: Thoughts On The First Six Months
About six months ago I transitioned from a 22 year career as a financial advisor to a state of early retirement. Since the beginning of my career it was a long term goal of mine to be in a financial position to have the option to retire early. While I will likely not stay retired
Early Retirement: Thoughts On The First Six Months Read More »
What I’m Reading 12/13/2022
Lately I’ve been pondering the affects of inflation on early retirement. I will write a post soon on how this is going for me. In the meantime, here are some other author’s musings on early retirement: Minimalism And Early Retirement Go Perfectly Together Financial Samurai Since my own early retirement I have had a desire
What I’m Reading 12/13/2022 Read More »
It’s Time To Bring In The Tax Loss Harvest
This has been a rough year for investors. The stock market averages have been down double digits for most of the year. We are clearly in a bear market for equities. To make matters worse, bonds have also dropped significantly this year, meaning the lower risk 60/40 type portfolios are down almost as much as
It’s Time To Bring In The Tax Loss Harvest Read More »
Financial Advice Fee Models Part 2: AUM Fees
This is an ongoing series exploring the various financial advice fee models. In part one, I looked at the overall fee and commission landscape and discussed the incentives inherent in the commission only model. In this post I will be discussing the fee only model, specifically fees based on a percentage of the assets being
Financial Advice Fee Models Part 2: AUM Fees Read More »
What I’m Reading 11/10/2022
After multiple decades of mostly low or falling inflation we may be entering a new financial era of generally higher inflation and interest rates. Because many of us are not used to this dynamic (my career for example began in 2000) I have been exploring various thoughts on what this might mean for investment strategy,
What I’m Reading 11/10/2022 Read More »
Financial Advice Fee Models Part 1: Commissions
“Show me the incentive and I will show you the outcome.” Charlie Munger When seeking financial planning and investment advice it is important to understand how much you are paying for the advice. This is a key question I recommend asking your Advisor up front (before you start working together) and should include a breakdown
Financial Advice Fee Models Part 1: Commissions Read More »