Most financial plans fail during the "decumulation" phase, primarily because retirees are blindsided by the domino impact of taxes. Over the past 25, 30, 35, 40 years you have likely been working with a money manager, financial advisor, or some type of financial...

Taxes will go up - you are running out of time to get ahead of the changes. 60 million Baby Boomers will retire by the end of this decade. They will go from paying into Social Security and Medicare to drawing on Social Security and Medicare. There are two ways for the...

95% of Americans are going to pay taxes the rest of their lives…even during their retirement years! Why? Because they will report INCOME on their tax returns. Why? Because their savings is in assets where the distributions are taxable. How much of your retirement...

Your Wealth Distribution years begin when you decide to slow down or stop working and you transition from saving money to spending the money you have saved. Most people are simply unaware of the risks they face with their money once they start spending what they’ve...

National Debt = $27 Trillion Tax-deferred Money = $24 Trillion Ever wonder why “They” don’t talk about the National Debt? If you would prefer not to subject your 401k, IRA, 403b or SEP to the Government’s solution to the National Debt, then perhaps you should pay your...

Most American taxpayers spend 40 years working hard to save money for retirement, usually saving their money into accounts recommended by their financial professionals.  Most folks get ready to “spend down” their hard-earned savings in retirement with very little...

Sadly, most American taxpayers are completely unaware of what is going to happen to their hard-earned money in retirement. If you are sending income to your retirement through an IRS 401k, IRA, 403b or SEP plan, you are in for a very rude awakening. You are in debt to...

Income or Cash Flow in Retirement? If you are retired… Not working… Not earning money… Why are you reporting income on your 1040? And paying taxes on it? The US tax code does not require you to file a tax return…if you don’t have any income. Distributions from all...

If you are saving for retirement in an IRS tax-deferred plan, you are playing roulette with your retirement. Bets are placed on: Future tax rates Future tax brackets Withdrawal timing Withdrawal rates Market performance Tax code changes Roulette is a casino game named...

So many Americans are driving their financial lives with one foot on the gas and one foot on the brake. They are accelerating the payoff of their mortgage, which decreases deductions (interest) on their tax return causing more taxes. Yet they are making contributions...

We strive to be DEBT free: House paid off ✅ Student loans paid off ✅ Car paid off ✅ Credit cards paid off ✅ Tax DEBT on 401k, IRA, 403b, SEP, SIMPLE, Solo ❌ If you take a loan today, you are in DEBT to the bank. You pay the loan back based on the interest rate and...

You spend 45 years ascending your wealth mountain and at the SUMMIT realize you only packed the tools necessary to climb up the mountain. 56% of all deaths on Mt. Everest occur on the way down. (*) The same is true in your financial life. Different tools are necessary...