Have you ever wondered why your financial advisor describes your retirement readiness in terms of a known gambling mecca? Is he or she so uncertain of their advice, that they are actually saying it’s all just a crap shoot? It might help to explain the progression of retirement projection techniques by giving a little history.…
It feels like a tale of two economies out there. On the one hand, headlines talk of lower unemployment claims and plenty of job openings. On the other hand, clients from experienced professionals to my teenaged kids are sending out 100 resumes and barely getting a look. What is up? Here are some insights: Economic…
The Oracle is not me. It’s always good to hear wise words from someone who has been there and done that. When world news seems ever more dire, you may be wondering how to handle your investments in the face of uncertainty. Who better than Warren Buffett to soothe our collective worried brow? Here are…
A huge red flag when I’m talking to potential new clients is when they are upset at their current advisor about their returns. Especially when I hear things like, “I’ve been with this guy 2 whole years and haven’t made any money.” Two years? That’s a blip in time in an investor’s return history. As…
This month, I am going to rudely interrupt your sunny summer activities with a reminder that financial storms can always happen. However, to build emotional resilience against investment losses, it’s good to exercise your “I can ignore it and not make bad investment decision” muscle before you need to use it. When calculating financial projections…
It’s the time of year where summer plans are top of mind. Here are three reasonably affordable Colorado hot weather activities – whether you live here (as many of my readers do), or are drawn to the state for the beauty and climate. Visit Ouray, CO! Men’s Journal recently named the Southern Colorado town of…
Last week we talked about how a financial advisor can help families calculate the effects of a breadwinner stopping work for a while. But, what we can’t do is find you that dream, high-paying, low stress job after a career break. Luckily, the internet can help! Here are 5 tips for before and during the…
A client math problem that I often work on goes something like this: Jeff and Mandy have a baby. Mandy just got a much deserved promotion with a fat raise and is eager to continue building on her career success. Jeff would be happy to stay home and take care of sweet baby Slayer (Jeff…
Thanks to alert reader and social media expert Catherine Tidd for bringing to my attention an article about unusual jobs. Many clients would do anything to retire tomorrow but can’t afford it. Maybe I need to have some handy alternative careers ready. In some cases, it’s much better to make less money at work you…
…and anyone else who may deserve a show of gratitude, need a pick-me-up, or merit a congratulations. First of all, I’d like to publicly thank my CPA, Elizabeth Moore of Ryan Gunsauls, O’Donnell, PC. Not only does she put up with my chronically late information submissions, but there is also no one I’d rather have…
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