Seeing The Whole Playing Field

I call them the “young ones,” newly retired couples typically in their early 60s who are anxious to plan their financial future. John and Barbara, a couple of “young ones” who retired here from Chicago, came to me for a second opinion on their investment and retirement plan. They are Cutter Family Finance readers and […]

Is Your IRA Stretchable?

I had a nice couple, Moe and Deb from Osterville, come to my office a couple of weeks ago for investment advice and estate planning. They had attended an earlier workshop I held, which got them questioning whether they had an adequate estate plan in place.   Their questions concerned their investments, particularly their IRAs. […]

How Changes in Bypass Trusts and Portability Rules could affect your Federal Estate Tax and Planning

While something of a ‘wait and see’ game, the portability rules governing a spouse’s unused estate tax exemption signed into (temporary) law in 2010 were all but guaranteed to become permanent in the new year. They provided an easier alternative to Bypass Trusts, which essentially became an extra step in securing estate funds that could […]

Financially Sophisticated

We have all heard the phrase, “You don’t know what you’ve got till it’s gone,” and we have all likely found it to be true on more than a few occasions. What’s worse than simply not knowing what you have is not even being aware that you are at risk of losing it.   This […]

A Daughter’s Concern

Most Cutter Family Finances readers are 40 years old and up. You all have a common thread that joins you together. You are trying to understand how this somewhat complicated financial industry works and how to make it work for you. You are trying to create a system that will lead to financial security and […]

Planning For Our Parents

You know, when Jill and I think about our financial responsibilities, our first instinct is to always look down our family tree at our kids, Maeve, Phoebe and Sophie. They are the focus of our lives, the source of many of our expenses and concerns, and oftentimes the subject of my Cutter Family Finance discussions […]

Backdoor Roth IRA: Appropriate Or Not?

Last week I received a phone call from a very nice young woman, Stephanie. She is a faithful Cutter Family Finance reader who wants to stay financially fit.   Stephanie wants to contribute to a Roth IRA. She is concerned about taxes rising in the future and she does not want to bear that burden. […]

‘Set It And Forget It’ Investing . . . Are You Nuts?

I have crazy sleep patterns. Oftentimes I wake up in the middle of the night . . . just thinking about things. When I cannot sleep, I like “channel surfing” to check out the infomercials on TV.   The other night, I was channel surfing and came across an ad for a rotisserie and barbecue […]

Social Security – It’s Complicated!

A sound retirement plan consists of three essential pieces: an advanced tax plan (ATP), an income plan, and an investment plan. While the investment plan should be the nucleus, proper income and tax plans are critical and are often overlooked.   Social Security is a very important piece of the income strategy. Over the past […]

Who’s In Control?

Last week, Susan and I taught a course through the Falmouth adult education department to pre-retired and retired folks. The class is intended to educate students in six areas of life that people need to understand, to have a successful and happy retirement. There is a lot of material to cover and sometimes we do […]