Paying Taxes For Safety

About a week-and-a-half ago I had an appointment with a very nice couple. They are married, in their middle to late 60s, are very successful, have brought up a very nice family and are recently retired. Let’s call them Dan and Ann. Dan and Ann have about $2 million or so in assets and are […]

Investment Tax—It’s Complicated

Oftentimes when folks seek retirement planning guidance from me, their initial questions center around investment advice. I try to help them understand that in order to have a secure retirement plan there are three critical areas that must be addressed: tax planning, income planning, and investment planning. In order to appropriately strategize in all three […]

Where’s The Beef?

Last week I traveled to Des Moines, Iowa. It was a great opportunity. I was asked to speak to a group of financial advisors on effective financial strategies to use in a challenging financial environment. While I hate being away from Jill and the kids, I like flying alone because I am able to read […]

How To Choose A Tax Professional

Susan and I teach a course at Cape Cod Community College to folks in or approaching retirement who are interested in planning for a financially secure and fulfilling future. Learning how to implement a solid financial decision making process, is essential to securing such a retirement.   We explain in our class that part of […]

History Repeats . . . History

“The Dow tumbled 390.23 to 8,019.26, bringing the 30-share index down 1,360 points over the past two weeks and leaving it at its lowest since October 1998. It also closed 216 points below its Sept. 21 close following the first full week of trading after the Sept. 11 attacks.” [1]   That was the report […]

I Don’t Pay Brokerage Fees . . . Hmmm . . . Really?

One of the things I do when I meet with both new or existing clients is to look at the critical facts concerning their financial investment decisions. Critical means something significant, factual, important and relative that they must understand before making a financial decision such as taxes, fees, costs, risk, or a myth or a […]

IRA Distribution . . . Just The Facts Please

If there were a fact or missing piece of information that could cost you thousands, when would you want to know about it, before or after you made a financial decision? I am being a bit flipped here but let me tell you about a call I received last week from a gentleman (let’s call […]

Is It Better To Give Than Receive?

I love Thanksgiving. I love everything about it. For me, Thanksgiving is a time to slow down, spend time with family, read (for pleasure) and reflect on things that are important to me.   Last weekend I read some essays from John Bunyan who was a 17th century philosopher, writer and Christian preacher. (My kids […]

What Do I Leave My Kids?

I have found that folks either entering retirement or currently in retirement are primarily concerned with making sure they have enough money to last until they die.  Usually, leaving an inheritance is an afterthought.  But once I explain to someone that you do not need to lose in order to gain; that actively managed portfolios […]

What’s For Breakfast?

My 12 year-old daughter, Maeve, has challenged me to run the Falmouth Road Race with her. Because I am a competitive type of guy, I can’t let a 12 year old beat me – even if she is family. So, I am in training and like everyone else in training, breakfast is part of my […]