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Latest News & Articles
Family Foundations: What Are They & Do I Need One?
Should I set up a Family Foundation? Is this the right structure to help future generations of my family make a positive impact on the world? If you’ve worked hard, been successful, and built significant wealth, you likely want to pass on opportunity and values to...
How Much Will Healthcare Cost in Retirement?
You’ve dreamed big, planned carefully, invested well, and you’re ready to enjoy life in retirement! Then the looming questions come, putting a damper on your enthusiasm: what about healthcare? How much will insurance cost? What about unexpected hospital stays? What if...
What’s in the Inflation Reduction Act of 2022?
President Biden signed the Inflation Reduction Act of 2022 into law on August 16 and includes notable changes to corporate taxes, Medicare prescription drug prices, and tax credits for clean energy and electric vehicles. Forbes notes that, because many of the...
Using Donor Advised Funds (DAF) to Reduce Tax and Increase Giving
Donor Advised Funds can increase gifts to your favorite charity and reduce taxes all without it costing anything more!
I Want $150,000 Per Year in Retirement. How Much Should I Save?
What’s your number? The amount you need in your nest egg to retire? Here’s how to find out!
I’m retired…why has my portfolio been so volatile?
The headlines have recently been full of news about inflation, high interest rates, the risk of inflation…all causing big swings in the market. If you’re retired, volatility is concerning, but chances are you’re a moderate investor generally shielded from the full...
Investment Timing: The Best Day of the Year to Invest a Lump Sum
If you have a lump sum of money sitting in the bank, you might find yourself caught between two fears: What if I invest now and the market goes down? What if I wait too long and I miss out on all that growth I could have had? This is a common situation to find...
Webinar Replay – Inflation, Interest Rates & the Risk of Recession
A replay of our August 2, 2022 discussion of how today’s biggest market and economic themes affect your investment strategies.
Are Inflation & Interest Rates Peaking?
In June, the Consumer Price Index report showed that inflation rose 9.1% in the last year, a level not seen in more than 40 years. Inflation has been the dominant economic theme of 2022, holding its high level for longer than many economists expected. In response, the...
Is the U.S. Headed for Recession?
The first two quarters of 2022 marked the worst start for the stock market since 1970. Stocks entered bear market territory, defined as a decline of 20% or more. The headwinds of inflation, interest rates, and war in Ukraine have injected a big dose of what the market...
Correction, Bear Market, and Recession…What They Mean for You
When the market is up, terms like bull market and economic expansion pass by without concern. But when the market turns down, terms like correction, bear market and recession add confusion to uncertainty and increase anxiety. But, what do these terms actually mean?
Backdoor Roth IRAs – What are they and are they worth it?
Roth IRAs are one of the few ways to build tax-free retirement income. And with a long retirement timeframe, they can build quite the snowball. As an example, $10,000 in a Roth IRA at age 30 earning 7.2% per year would double every 10 years, meaning you would have...
A $400,000 Tax Deduction? Meet the Cash Balance Plan!
A cash balance retirement plan offers many small businesses substantial tax deductions…is it right for you?
How Does Charitable Giving Help Reduce Taxes?
If you’ve worked hard and planned well, you’re likely to accumulate more wealth than you’ll need in your lifetime. You might also feel like that annual income tax bill is growing ever larger, before even considering the future impact of estate taxes. Giving to charity...
6 Tips for Better Financial Conversations with Aging Parents
If you worry about aging parents, you’re not alone. Worldwide, the number of people aged 60 and older is on pace to double by 2050. Eventually it’s common to add finances to the list of other concerns like healthcare and safety. Will they be able to look after their...
Worried about estate taxes in Washington?
Download our free guide with 5 Strategies to Reduce Your Estate Taxes in Washington State.