October’s Retirement Planning Class: How to Control Your Retirement Destiny

Blog photo In this one and half hour online retirement planning class, Dana will cover one main topic from each of the 13 chapters in the 2nd Edition of her book Control Your Retirement Destiny. This class will run about an hour and half in length. In addition, there will be time for questions and answers. We’ll cover complex topics, but Dana has a way of simplifying the information and making it understandable, so you don’t need to have a lot of financial knowledge to benefit from this retirement workshop. What You Will Learn Why the planning is

2016 Arizona Tax Credit Limits

Updated 10/8/2016 The Arizona State Tax Credit program allows you to make a donation to an eligible organization and receive a dollar-for-dollar credit against Arizona state taxes owed. These donations count as charitable contributions and may be deducted on your federal return if you itemize your deductions. Donating to tax credit eligible organizations will most likely leave you in a tax neutral situation – meaning you’ll pay about the same total amount whether you use the tax credits or just pay the tax. But by donating you get a say in how the money is spent by choosing which of the tax

Best Phoenix Financial Advisor, Near 5th & Wine

Sensible Money is one of the best financial advisors in Phoenix. We are one of the best financial advisors in Phoenix. As a matter of fact, we are one of the best retirement income planning firms in the country. If you are looking for a nationally recognized financial planning firm, you’ve come to the right place. Let us explain what it is that makes us one of the best. Fee-Only Phoenix Advisors Did you know of the 350,000 plus financial advisors in our country, about 94% work

Investing Sanely in an Insane World

diversitficationDana here. It was Thursday night, June 23rd. I was packed and ready to head out the next morning for the annual trip that I take with my significant other and his two boys to Rocky Point, Mexico. I glanced at my phone and saw a few Bloomberg alerts. “What?” I exclaimed out loud, as I started reading that the vote count was showing that Britain was likely to leave the EU. My next thought was, “Now what? Do I stay up until 2 a.m. trying

Navigating the Transition to Retirement

Transitioning to Retirement You’ve thought about retirement for years. Now, here you are getting close, and you feel… anxious, nervous, and for some of you, even terrified. You’ve been saving for years. The thought of starting to spend that savings makes all kinds of questions run through your mind. What if the market goes down? What if you don’t have enough? Should you start Social Security now so you have some income coming in… but, wait, you’ve read that it is better to wait and begin benefits later. How should you withdraw your money? Once a year as a lump

More Frequently Asked Questions About Our Services

Juicing is the term we use to describe our financial planning services, as they are designed to help you squeeze more out of your money.Smart planning delivers an increase in retirement income when compared to an unplanned approach*. How do your services work? We quote you a one-time price to prepare a financial plan. We call this going through our Juicing® process – as it is designed to help you squeeze more out of your money. Your financial plan projects how well prepared you are to meet your financial goals. A plan is necessary in order to

How to Divide a 401k in Divorce

Dividing the 401k in DivorceDividing the 401k in Divorce Money is often a key consideration during your divorce process. How you address your finances during divorce has consequences which last a lifetime. One of the most common decisions during divorce is the division of your (and/or your spouse’s) 401k. The process sounds easy enough, but there are some key rules to follow. Best practices should be considered before simply dividing your retirement accounts in half. Should We Divide the 401k In Half in Our Divorce? Dividing assets in half does not mean that ALL

10 Tips on How to Find the Best Financial Advisor

enter image description here Understand What Services a Financial Advisor Offers The last thing you want to find is a cheap financial advisor. The most important thing you want to look for is competency. Competency is different than trust. Yes, trust is important, but it is a feeling. It is entirely possible to trust someone that is not trustworthy. Competency should be the number one criteria you look for. How do you find a great, competent financial advisor at a price that is reasonable? The ten factors below should help you out. 1. Understand the Difference in Their Service Offering The term doctor is

7 Basic Things You Should Know About Your 401k Plan

enter image description here I recently spoke with a good friend from college who had the misfortune to lose his job. Did you have a 401(k)?” I asked him. “I think so,” he responded. “I see money coming out of my check going somewhere.” I continued to inquire. “Do you know how it’s invested? What about a company matching contribution?” My friend paused a moment before answering, “No idea. I think the company does contribute something but I don’t know how it works. We had some guy come and talk to us and show us the investments. I picked one he said

Retirement and Starting Social Security Should Not Be Synonyms

enter image description here Social Security Start Date – Choose Carefully I often find myself on the Social Security website searching for answers on behalf of our clients. It is a frustrating undertaking. In fact, even though I am on the Social Security Administration website quite often, I still find it confusing. I can’t imagine how someone finds meaningful answers if they don’t look at it all the time. For example, the way they intertwine the word ‘retirement’ with when Social Security starts is just annoying, like you can’t have one without the other. You can retire and choose