5 Steps to Budgeting
5 Steps to Budgeting As a Fee Only CFP®, I help guide families with aspects of their financial life such as Retirement or College Funding. What I have found is most people don’t know where their money goes and with a little help in understanding of how to track and...
Small Business Retirement Plans— SIMPLE, SEP-IRA and SOLO 401(k)
Small companies shouldn’t forgo retirement savings just because a 401(k) plan can be expensive to set up and maintain. There are options specifically for smaller businesses: a Savings Incentive Match Plan for Employees (SIMPLE) plan, a Simplified...
How Do You Create a Retirement “Paycheck?”
How Do You Create a Retirement “Paycheck?” There’s one question we hear most often from those nearing retirement, is some variation on this: “How do I get my money out of my retirement plan and into my checking account?” The question is not as simple as it...
Planning for the Five Big Tax Challenges in Retirement
Planning for the Five Big Tax Challenges in Retirement Creating a retirement paycheck that generates the income you need while keeping you in the lowest possible tax bracket isn’t as easy as it seems. All the planning you did while working – like saving...
