Do you feel like the financial services industry is plotting to sell you yet a new way to invest your money? Do you wonder if investment companies are constantly looking for a way to make themselves seem smarter than you and justify charging you fees? You are right! Enter the idea of Direct Indexing. …
Your home may be your largest investment. Unlike your 401(k), it needs more active involvement to grow in value over time. Not to mention be enjoyable as your shelter and sanctuary. If you are like me (not a big do-it-yourselfer), here is a list of some easy jobs for spring. Refresh your front door.…
Dear Readers, Allow me to introduce you to estate planning attorney Brandon Rains. Brandon is an experienced estate planning and business planning attorney practicing in the Denver Metro and Fort Collins areas of Colorado. The Rains’ Law Firm values include Compassion, Comprehensiveness, Family First, Integrity, and Purposefulness. Brandon has kindly answered my questions…
As financial advisors, we can be worried about offending our clients. We may not tell you the hard truths when you are dithering about your accounts going down. The tendency to handle clients with kid gloves could be harmful because we don’t just tell it like it is. I think you can handle it.…
Anxiety. We’ve all got it. Germs, jobs, raising kids, Russian invasions; the reasons for sleepless nights are endless. I can’t cure them all, but here are some ideas if your worry set is centered on being retired. Fear #1: Running out of money. Pretty much all other worries fall under this one. Solution: Meet…
Here are some examples of how your CPA is feeling right about now: A 2-week-old bar of soap in a public bathroom in the 1980s. A cast member of The Walking Dead – zombie or apocalypse survivor, your choice. A parent of colicky triplets. Add in a labor shortage and clients getting documents…
What do different sized nest eggs mean your financial security? Having several hundred thousand dollars saved is a huge accomplishment, but do you know the sustainable annual income those savings will support? Let’s take Abimelech: He is aged 66 ish, eligible for his full Social Security benefit. The average Social Security payment in 2021…
Welcome back to my WTF (What the Finance) series! Are you experiencing FOMO because all your friends are talking about investing in Qualified Opportunity Zones at parties and you aren’t in the action? Probably not. But, if you want to be the smarty pants friend at the hoe down, here is a very basic…
Here in Colorado, the spring season can mean anything from blizzards to heat waves. To jolly you along, enjoy 5 funny tweets about Spring. The weather is warming up so now the kids can finally go outside and get some fresh air while they play on their phones. – Rodney Lacroix It’s the…
In last week’s blog, I referenced a study that says more money = more retirement happiness up to $4,000,000. That seems like a huge goal, and truly, it’s not for everyone, but I thought I’d use that statistic to run some numbers. First, what does $4,000,000 mean in terms of retirement income? See the…
