In 10 years of helping people successfuly retire, I have found there are two distrinct phases an investor goes through when planning for retirement. As a fudiciary financial planner there is definately one phase that is more stressfull for me, annd my clients. Clients go through the accumulation phase. Go to work, get a 401k, save […]
I work with a lot of high-income earners. Near Seattle we have Google, Amazon, Microsoft, Boeing, Meta, and a host of other high tech, high paying companies. When doing financial planning for high income earners, once I create tax efficiency in their current investments and retirement assets we can personally invest, I help them with […]
I’ll keep this short. One thing I have seen ruin #investment plans over and over is relying on a “rule of thumb” when it comes to financial planning. Here are some of the most common: 1️⃣ The market always comes back 2️⃣ The market will make X% per year 3️⃣ In the video below I […]
You DON’T have to roll an old 401k into a new 401k. There may be better tools available outside of a standard 401k account. Rolling into an IRA may be a better way to go. I had a client build a business and contribute to everyone’s favorite, the 401k. We were creating a passive income […]
I get a little “tin-foil hat” sometimes. BLUF (bottom line up front) If you aren’t, AGGRESSIVELY, creating TAX FREE wealth, you are setting yourself up for a lot of pain. No. Roth is not enough. People often see the threats to their retirement investing through an entirely market driven lens. – Inflation 📈 – Volatility […]
Every have a second opinion and a doctor catch something the first one did not? How important was that? Sometimes taking bad investments 😒 out of a new client’s portfolio is as important as what I put in… I recently had a client sign up because I “was the first advisor to buy them dinner who […]
Two of the most common questions I get when it comes to financial planning is… When can I retire, and how much income will I have in retirement? The honest answer to those questions is…it depends. There is really two components to figuring out the answers to these questions. 1️⃣How much money will you have? […]
When thinking about how a fiduciary can help you in your life a lot of people think it is about money. While we do have a rule here at my firm, namely, our clients do better with us than without us, at the end of the day every client tells me it is the peace of […]
ATTN: High income earners with large stock grants. One strategy to reduce your overall taxes ⏬ and avoid concentration risk is tax loss harvesting. I did a portfolio review with a client who works at a local tech company who wanted help balancing 🧘♂️ his portfolio. He was in the following position: 1️⃣ Annual income: […]
How much is a financial worth is a better question to ask. I just helped a client with his retirement from King County. Great guy, a DIY investor, and at the end, when it was time to move his money, he kind of sighed and said “man, this is going to cost me $10,000 per […]
