Retirement Calculators, From Rags to Riches with a Single Click

Retirement Calculators, From Rags to Riches with a Single Click

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Published: December 3, 2016

How would you like to go from running out of money in retirement, to instantly having a surplus that allows you to travel and leave money to heirs? I can show you how… Use an online retirement calculator. Or use a spreadsheet projection with an unrealistic set of assumptions. Or use a financial planner that doesn’t understand how drawing money out impacts the internal rate of return you’ll earn on investments. With one erroneous assumption, you go from the poorhouse to the penthouse. That should scare you. It scares me. And because I am in the business of making retirement calculations

10 Tips on How to Find the Best Financial Advisor

10 Tips on How to Find the Best Financial Advisor

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Published: September 15, 2016

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, meaning someone who knows what they are doing, 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 Service Offerings The term doctor is pretty broad, right? Yet,

Investing Sanely in an Insane World

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Published: July 5, 2016

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 to

Navigating the Transition to Retirement

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Published: August 11, 2015

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

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Published: February 19, 2014

Smart planning delivers an increase in retirement income when compared to an unplanned approach*. How do your services work? With each new client, we begin by developing a comprehensive, customized plan delivered over three strategy meetings each spaced about 2-3 weeks apart. We call this going through our Juicing® process – it is designed to help you “squeeze” more out of your money. Your financial plan projects how well prepared you are to

How to Divide a 401k in Divorce

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Published: June 16, 2013

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 accounts are divided down the middle. This may sound obvious to the person who is not caught

7 Basic Things You Should Know About Your 401k Plan

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Published: July 31, 2012

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

Sensible Money Grand Opening

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Published: May 14, 2012

We hosted our official Grand Opening on Thursday, May 10th, just outside our new office on the patio of 5th and Wine. You can check out more pics and a SLIDE SHOW on our FACEBOOK PAGE! (I know, I know, we’ve been open for a while – but it takes awhile to plan these things.) We had a fantastic turnout. I think the tally was about 75-85 people. The juice drinks were flowing and the misters were going.  (For those far away, keep in mind Phoenix in May is starting to cook.) Thanks to everyone who attended

After the Death of a Loved One

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Published: February 10, 2012

The bright side of the work we do as a fee only financial advisors is the smiles and thank yous, and the numerous times our clients express how much peace of mind we have brought them. The downside of our work is when a client, or their parent, passes away. It’s not only emotionally stressful – it’s a lot of work. And I mean A LOT. It helps to have instructions to follow during these times. Check out the documents needed checklist put together by After the Fact Final Affairs. Think you should cancel credit cards right away? Not so fast. Think you know