CLEAR AND CONCISE
 FINANCIAL ADVICE®

The first step to a brighter future is vision.

Learn the ins-and-outs from our retirement blog.

Should You Refinance Your Mortgage?

Last year, interest rates were on the rise. I expected them to continue rising, so I refinanced the adjustable rate mortgage I had on a rental property. Apparently, I did not time that too well because rates have been falling ever since. I can’t believe that 10-year government bonds are back to 1.7% and the …View Article

Healthcare Costs in Retirement

I can’t think of any expenditure that gives retirees less enjoyment than medical costs. Nevertheless, healthcare is an important spending category among retirees. Many pre-retirees are not sure how their medical costs will change once they are eligible for Medicare at age 65. Today’s article will provide an overview and some estimates for your retirement …View Article

Saving for Retirement – How Much Do You Need?

How much should I be saving for retirement? That seems like a straightforward question for your financial advisor. Wouldn’t it be nice if you could get a straightforward answer? Everyone wants to boil down financial planning to simple rules like “Always save 10% of your pay.” Saving a percentage of your income is one of …View Article

Budgeting Advice for New College Graduates

I remember thinking when I was in college that life would be perfect if I could just earn $1,000 a week. Naturally, the average starting salaries back then were about half of that. I am pleased to report that this year’s 2.25 million students who will receive bachelor’s degrees and enter the workforce can expect …View Article

Health Savings Accounts (HSA)

This week, one of my clients asked me to write about Health Savings Accounts (HSAs), so here’s the scoop. HSAs help people reduce their health insurance costs and save money on taxes. So far, so good, right? However, you can only open an HSA if you also have a high deductible health insurance plan (HDHP). ...View Article

Trade War Heats Up

The trade war has been dominating headlines this week, so I thought I would chime in with a few thoughts and insights. First, a little background… The idea behind free trade is we should all specialize in whatever we can do better and cheaper than anyone else and then trade to get the things others ...View Article

Automobile Expenses – Better to Buy or Lease?

This past week, one of my clients asked if I thought she should buy or lease her next vehicle. Here are my thoughts on the topic: Automobile purchases are an important area of financial decision making because the average American family spends 13-17% of their household income on transportation (mostly on automobile expenses). This is ...View Article

Are Stocks Too Expensive?

This rally can’t last forever. We are due for a recession. This is already the longest bull market in history. The politicians are going to tank the market. The deficit is out of control. Ahhhh…. These are the same reasons we've heard for the past few years as the market continues to march higher. The ...View Article

Vacation Home – Read Before You Buy

I thought vacation home sales would be breaking records since Baby Boomers are better positioned to buy them than any previous generation. A number of other factors should also be propping up the vacation home market: a strong economy, a 10-year bull market in stocks, and relatively low mortgage rates. However, vacation-home sales have been …View Article

Annuity: When Is It A Good Solution

There has never been a financial product that was more misunderstood, misrepresented, or over-sold than an annuity. I am the first to admit that annuities have drawbacks (e.g. fees, surrender charges, and limited growth potential). That being said, I firmly believe that annuities can be a great fit for many retirees. Let me share an …View Article