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....
Stop, this is no Game

Stop, this is no Game

The challenge I have with the GameStop action is not the inefficiency of markets or the lopsided short positions, which fueled the upside. My challenge is not with the Reddit threads or Robin Hood traders. Nope, the biggest problem I have with the GameStop type action...
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...
Buffett’s New Buys

Buffett’s New Buys

Quint sits down with the folks from CNBC to discuss Warren Buffett’s new buys of Chevron and Verizon. (Full disclosure Joule Financial clients own both)    
Debt…It’s Really That Simple

Debt…It’s Really That Simple

OK listen up because I’m only going to say this once. Well, maybe that’s not true as it is going to become my mantra now for anyone who will listen. Not a day goes by I don’t think about the current economic environment we’re in. I know that sounds like a complete...
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...