This is the second article in a three-part tax series I started last month. The purpose of Part 2 is to explain key tax planning concepts that I have shared with clients who are preparing for or entering retirement.
How Much Should You Pay for College?
Quarterly Market Review - Second Quarter 2017
The Undisciplined Pursuit of More
What Can I Do to Reduce My Taxes? 2 Things You Can Do Now
What can I do to reduce my taxes?
This is a very common question we get as financial advisors and tax preparers in my firm.
Simply put, get organized! I know you probably hate to hear such a finger-wagging statement, but really, what if the mere fact of organizing meant an extra $1,000 in your pocket? You may be asking, “How’s that?” or thinking, “I’m not an organized person.” Fortunately, you don’t need to be on par with Martha Stewart’s level of organization to seize your opportunity!
Tax Planning for Retirement, Part 1: The Golden Decade of Tax Planning Opportunity
How Can I Get Rich? 6 Ways to Build Wealth
First, a clarification: This is an article about the “how” that makes a person, couple, or family wealthy. That is, how do people go from having a little money to having a lot? This article is not about what being wealthy means to you or, in other words, how much money would make you wealthy. We’ll save that philosophical discussion for another article.
“How Do You Invest Our Money?”: Aspire’s Investment Strategy
Ideas to Increase Your Income So You Can Quit Your Job Early and Travel the World
Photographs and Videos: The Difference Between a Financial Plan and Financial Planning
How to Really Build Your Wealth
How do we become wealthy? Our clients often ask this of us, naturally, as their financial advisors. Sometimes they’re surprised to hear us not say, “Save more,” “Don’t accrue too much debt,” or “Put your investments here or there,” as a first course of action. Of course, long-term savings of at least 10–15% of your income starting at a young age, combined with a decent investment plan left untouched for long periods of time, will inevitably produce substantial amounts of wealth. However, if you really want to get ahead, invest in yourself—and keep investing in yourself!
Windfalls: To Save or to Spend?
Fiduciary Ruling: A Good Start But…
When a hard-won historic milestone is achieved, it’s usually front-page news: Apollo 11’s “one giant leap for mankind.” The fall of the Berlin Wall. Martin Luther King’s “I have a dream.” … However, the recent fiduciary ruling by the Department of Labor (DOL) went public with not much more than a whisper to the public.