Reducing RMD Taxes with Charitable Giving

Reducing RMD Taxes with Charitable Giving

For individuals who have saved a significant amount in their tax-deferred retirement accounts, required minimum distributions (RMDs) starting at age 72 can be a very unwelcome event. Without planning ahead for the taxes or implementing a Roth conversion strategy, as...
Planning for Conversions

Planning for Conversions

As a financial planner, I see a wide range of scenarios in the plans that we do for people. One day, we may be developing a plan for someone in their mid-30’s, in their wealth development phase, and needs to chart a course of prudent long-term saving and investing....
Discovering Your Goals

Discovering Your Goals

In financial planning, goals are an essential piece of a comprehensive financial plan. While some might assume that financial planning is mostly mathematics, spreadsheets, and forecasts, these elements are really just tools to develop the picture of how to get from...
Goals Are Key

Goals Are Key

In another recent article, I discussed three key attributes of financial planning. One of these attributes of a successful financial plan is that it’s goal-oriented. Simply put for a financial plan, like almost any other type of plan in life, to be most useful it...
A Financial GPS

A Financial GPS

A couple of times a year our family takes road trips to visit our extended family out of state. With two young kids it’s no small endeavor. So, after packing the minivan to its limits with all of the necessities and more, including countless bags of roadworthy high...