The Age-Old Question

By: Lori Booth-Houle, CPA, CFP® “Age is not a particularly interesting subject.  Anyone can get old.  All you have to do is live long enough.” – Groucho Marx How much time do we each have to live?  As planners, the reaction we get from clients if we do a retirement cash flow analysis and project out to the client’s age 95 is generally Continue Reading

What’s Your Number?

Do you know what your number is? I sound like an ad for the Sleep Number mattress, but what I mean is do you know how much you need to accomplish your goals? Retirement, college funding, the flexibility to travel, etc.? In my experience, many have this number in their head—“I just need $1 million…”—but don’t have the necessary context behind it. Continue Reading

Not All Deductions are Created Equal

Nothing puts a damper on the New Year like emails notifying you that tax forms are available. It’s like the government is trying to sabotage the new financially fearless you.  The only motivating factor is that hope for a refund. You racked up all those tax deductions your friends and family told you about so the odds are in your favor. You will Continue Reading

Giving Thanks

Note: For Thanksgiving, I thought I'd revisit something I put together years ago, So in that spirit, I’m thankful for... Having access to the greatest wealth creator in history—the long-term power of the stock market Knowing that access to such a tool is relatively easy The rise of indexing and the rise of fee-only financial advisors. Continue Reading

The Difference Between Good Planning and Great Planning–a Lesson from Andy Reid

I haven’t been very open about it in the past (Editor’s Note: this is a lie), but I’m a big fan of the Kansas City Chiefs. I grew up in Arizona and root for all of the other local sports teams, but my parents are both from Kansas which is where the connection comes from. Apparently, all those early 1990’s games I watched with my dad stuck with me Continue Reading