Retirement Education
Why “I’ll Work Until I Die” Is a Terrible Plan
I recently met with a business owner who seemed less than thrilled to have this meeting that his CPA insisted upon. I used to ignore the elephant in the room in these situations but, with three young kids, I have little time to waste. I just asked why he was taking...
Three Ways To Push Off RMDs
I started to focus on retirement income planning about fifteen years ago. One thing that stuck with me early in this journey was just how much our clients detested required minimum distributions (RMDs). I think a large part of this was the pre-covid, local nature of...
Navigating Retirement Threats
In the retirement courses I teach, I always tell the soon-to-be retirees that getting to retirement is a volume game. Volume of savings, volume of returns and volume of time for those things to compound. As savings grow, so do the dollar values during market swings....
Should You Give Your Kids Stock Instead of Cash?
I recently wrote two surprisingly long and complicated columns on the strategies available today to minimize the tax hit that comes when you press the “sell” button on an appreciated stock. If you’ve just filed your taxes, you know the pain of capital gains is real,...
Four Ways Women Retire Differently
My wife and I don’t take the same vitamins. We don’t follow the same workout plan. We don’t have the same diet. The last one is on me. I should eat healthier food. Think of retirement planning for women and men as a daily vitamin. They should be different by design....
Four Terrible Times To Do a Roth Conversion
Roth conversions are trendy. So much so, that I know if I write on the topic, you’ll click. Welcome! There is a strong case for this powerful strategy, just as there is for Ozempic. But like Ozempic, Roth conversions aren’t for everyone. Here are situations where I...