Estate Plans Help Protect Families

Although it’s unpleasant to think about, it’s a fact of life that things often don’t go as planned. Having an estate plan in place can help to protect your assets and your family in the event that something unexpected happens. How do you create an estate plan? There are a handful of simple steps you… [Continue]

Non-traded Real Estate Trusts Have Added Lipstick, but are Still Pigs

REITs, or Real Estate Investment Trusts, are fairly confusing. Public REITs come in two different platforms – exchange-traded and non-traded. Exchange-traded and non-traded REITs have a handful of similarities. For example, each is an investment in real estate. They’re also each required to distribute a minimum of 90% of taxable income to shareholders on an… [Continue]

Flexibility is Key to Any Portfolio Withdrawal Strategy

Determining safe withdrawal rates – or the rate where the percentage of a portfolio that can be withdrawn on an annual basis without sacrificing the portfolio’s ability to last for the lifetime of the investor – is difficult to do. Nobody can predict the future, so knowing exactly how long an investor’s lifetime is going to… [Continue]

Exploring Medicare Options Can Pay Dividends

With more Americans turning 65 (approximately 10,000+ every day), more people are enrolling in Medicare. Let’s look at the four part Medicare system together, to make sure everyone’s on the same page as you begin to plan: Part A: Part A & B are known as Original Medicare. Part A, specifically, is hospital insurance that… [Continue]

The Road to Financial Independence is Rarely a Short One

Our financial life cycle is rarely short. In fact, there are seven stages I define as being part of the journey. Stage One: Building the Foundation Individuals between 20-30 years old with a net worth less than their current annual income, are in this stage. They’re looking to establish an emergency fund, eliminate debt, and… [Continue]

Don’t let RMDs Taint Your Retirement Plans

As baby boomers look toward retirement, many of them will face the beginning of required minimum distributions (RMDs) from their varied retirement accounts. These RMDs outline the minimum amount a retiree must withdraw from their retirement accounts annually. RMDs can be difficult to understand, and their language isn’t always clear. However, here are a few… [Continue]