What you need to do to lower your tax burden
I get a lot of questions about how to lower your taxes not just in the current year, but over your lifetime. It’s an important topic, especially as taxes are set to rise in just a few years (or maybe sooner).
Next Wednesday at 6 PM MST/5 PM PST, I’ll be hosting a live webinar on how you can start creating your own tax strategy so that you can lower your lifetime tax burden and retire comfortably.
There’s no feeling like when you are close to retirement and you know you have a really huge, juicy nest egg waiting for you. But what if I told you there was one tiny thing you may have never heard about that can ruin it? I don’t mean ruin a small part of your retirement plan, but all of it! Before you get too scared, hold on a minute… The flip side is that this tiny thing could make you…
I remember speaking with a friend of mine, who was struggling to help his parents with all of their financial affairs. At his wit’s end, he asked me, “Where in the world do you go to figure out this stuff (retirement planning stuff)?” Yes, you can do some google searches, and maybe find a book or two on various topics. But what he was asking for was a step by step process of everything leading up to retirement. Where is…
When it comes to Estate Planning, one of the most important things you can do is to to lay out your wishes when it comes to your health later in life. This is in the event that you are not mentally able to make these decisions for yourself, which sadly happens to a number of people. So instead of it being up to someone else, what you can do instead is lay out your health care wishes now, while you…
I do my best to stay in shape, and one of my favorite things to do is cue up a good podcast and then go for a nice run outside.
I went for one on Sunday afternoon right after church and I was breezing through the neighborhood doing my best Usain Bolt impression…
Many people that I speak to come to me and say that they want to avoid probate, but they can’t precisely say why. They’ve just heard it’s something that they might want to avoid and so they’re trying to figure out how to avoid it. If you’ve never had a loved one die, you may never have experienced it. Probate can be a very costly, and time consuming process, which is why it’s talked about negatively, and why many people…
One of the most common questions asked about estate planning is “What is the difference between a will and a trust?” There are a few similarities, but a lot of differences also. In both cases, these documents are a part of your estate plan – to have a complete estate plan, there are also powers of attorney for medical and financial purposes and other documents needed. Today, we will cover similarities, differences, and common FAQ. Similarities between a will-based plan…
I want to tell you a little bit about a Godfather offer that you might be interested in. I’ve called it the Start My Retirement Process.
It is a simple 3 step process that will show you what you need to do to secure a comfortable retirement, without worry, stress, or paying too much in taxes.
One of the most underappreciated parts of reviewing your financial life has to do with things that we’d rather not think about. After all, how many of us actually want to contemplate our death or significant disability. In addition to that, as humans we tend to always say to ourselves, even if subconsciously, “Yeah, that terrible accident happened to them, but that won’t happen to me.” Or, “That cancer diagnosis happened to them, but it won’t to me.” And on…
We’ve all heard the adage “buy low, sell high” when it comes to stocks. But with the stock market reaching new highs repeatedly, you may be wondering whether or not it’s a good idea to invest right now, which is a completely valid question. Investing by my definition should be a strategic, long-term endeavor. So when we talk about investing in today’s episode, we are NOT talking about money that you’ll need in the next 3 months, 1 year, or…