Caleb, Garrett, and Rob Hike up to the Wind Cave at Usury Pass and offer some useful planning/hiking metaphors…
Common Question: What Is A Tetrant?
One of the most common questions I get when meeting with people is “What is a Tetrant?” Check out the latest video to learn more!
Nearly every consultation I do starts or ends with the question - What is a Tetrant? Technically, it is "one of the four equal parts into which the area of a circle is divided by two diameters drawn at right angles to each other."* For me it has become so much more - it is the structure I use when helping clients get their estate and financial planning in order.
Mind Over Money
A degree of emotion also factors into many of our financial choices. There is even a discipline devoted to how our emotions affect our financial decisions: behavioral finance. Examples of emotionally driven financial behaviors are all around us, especially in the investment markets.
LEAVING A LEGACY PLAN
Two things are certain: death and taxes. Some of us grasp that reality early, so we create wills, living trusts and estate plans. Others deny this reality and leave their heirs with perplexing questions, added stress and even anger when they pass away.The truly farsighted among us opt for a full-fledged legacy plan.
It’s Time to Review Your Life Insurance
When was the last time you looked at your life insurance coverage? Why not do it now? Life insurance can be a remarkable utility as an estate planning and tax-saving tool. Whether you have no life insurance, or you haven’t reviewed your policy in a while, it is always a good idea to be aware of your options and be prepared.
THE REALITY OF INVESTING DURING RETIREMENT
Decades ago, the “typical” retiree left work for good between age 60-65 and typically passed away at about 70-75. Retirement lasted 10-12 years for many Americans. Now the picture has changed: some of us will spend 30, 40, perhaps even 50 years in retirement. (Imagine retiring at 55 and living to be 105 … it is possible.) We may live much longer than our parents, and if we do, we will need a lot more money.
INVESTING AT AN EARLY AGE
You’ve probably been told at least a few times in your life that you should be putting money aside “for a rainy day”, but perhaps it hasn’t yet crossed your mind to begin planning, specifically, for your future retirement. If you think it’s too early, or if you feel you’re not yet ready, financially … think again.
INDEXED UNIVERSAL LIFE INSURANCE
Indexed universal life insurance has gained popularity with business owners, executives, retirees and families. Why? It allows you to build cash value with protection from downside risk.
The Importance of TOD & JTWROS Designations
TOD, JTWROS...what do these obscure acronyms signify? They are shorthand for transfer on death and joint tenancy with right of survivorship – two designations that permit automatic transfer of bank or investment accounts from a deceased spouse to a surviving spouse.
WHO IS YOUR IRA BENEFICIARY?
Do you have an IRA or a 401(k)? You probably do. You may have both of these retirement savings accounts in your portfolio, or accounts that are similar.While IRAs and 401(k)s are commonplace, many IRA owners and 401(k) plan participants have a hard time answering a common question. They aren’t sure who they have named as the account beneficiary.