You worked and saved and invested your entire life to get to retirement, but how much can you spend in retirement? In this webinar I discuss retirement income planning specifically with a focus on the safe withdrawal rate strategy.Read More
There are things outside of your control that make a mortgage accelerator program difficult to implement. Don’t bother trying this if you can’t stick to a budget and don’t have free positive cash flow each month.
Mortgage accelerator programs are expensive, oftentimes costing thousands of dollars. Many of them also want you to be a trainer, helping other people pay off their debts early which has an additional expense. There’s really no need to spend thousands and certainly not to become a trainer. That money would be better off paying down your debt than learning the nuances of the system I just broadly described.
Can a mortgage accelerator program work? Sure it can! But your ultimate financial benefits will vary greatly from the glowing testimonials they provide in their sales pitches. If things go against you (rates rise on your HELOC, you can’t stick to a budget, etc.) it’s not the company you just paid thousands of dollars to that is going to be left picking up the financial pieces . . . it’s YOU!
Want to do a Roth IRA conversion but avoid the penalties? Follow these simple rules and you won’t pay a10% penalty on distributions from a Roth conversion.Read More
This pre-retirement checklist breaks down the 3 key steps you should follow in order to make sure you’re truly ready to retire with confidence.Read More
Are you worried about the Coronavirus and your financial and retirement planning? YOU’RE NOT ALONE! Should you buy more stock . . . or stay to the sidelines? I discuss Coronavirus and your money in this webinar.Read More
Are financial advisors worth it? Maybe . . . maybe not!
To know if a financial advisor is worth it you need to first understand if you can do it yourself, then assess the fees your financial advisor will charge and finally the value that your financial advisor can add.Read More
The Secure Act passed in 2019 and it dramatically changed your required beginning date for IRA required minimum distributions. Here’s what you need to know to avoid a 50% penalty!Read More
How much do I need to retire? Well that depends on several factors like how much in Social Security and pension income you’ll have, what do you plan on spending in retirement, how much debt do you have and will you liquidate assets to cover retirement expenses.Read More
Who wouldn’t want to add 1.57% to 2.99% to their retirement planning? According to Morningstar and Vanguard studies, smart financial planning and investment decisions can add from 1.57% to 2.99% to your bottom line in retirement!Read More