Modern advertising tells us, and the Joneses next door make us feel like we NEED a bigger home, nicer clothes, fancier vacations, luxury vehicles, and a fatter paycheck to pay for it all. In a society where bigger is better and more is more, can we find the benefit and contentment in simplifying? In particular, can the “less is more” theory apply to our home?
We are getting to the moment of truth on the 2017 Tax Cuts and Jobs Act, which took effect for the tax year 2018. As the first tax returns reflecting the new tax rules are being filed now, we will all soon find out how it impacts us.
High Deductible Health Plans (HDHP) are becoming more common in the healthcare space these days. Because of this, we have been receiving a lot of questions from clients about how their Health Savings Accounts (HSA) fits into their financial plan. I wanted to go over some of the questions that have been coming up.
A common goal many of our clients have is travel. Sometimes it is the regularity of travel, sometimes it is a dream destination, and sometimes it is to take their family on a big trip to continue fostering relationships. Whatever you dream of, it has been documented how rewarding experiences can be. You can tell how our clients love to travel by the map of accomplished travel
We all care deeply about our family and those close to us. We always want to do the best for them. Protecting one’s identity has become a very important topic recently, especially with the explosion of the internet over the past 25 years. I will be proactive and begin building my five-year-old’s credit when he turns fourteen. This is a common recommendation t
When I told my friends that I was doing an internship they gave me a disgusted look, assuming I was going to be doing the low-level work of the firm or running around the office taking lunch orders. But when I said it was at BCR, they simply knew that the internship process was the exact opposite.
Retirement is changing! As a matter of fact, many people currently facing retirement don’t think of this phase as retiring, but more of a midlife reinvention. Baby boomers are currently in this hot seat.
If you haven’t started already, it is time to plan for 2019 and for most people, you can’t just copy what you did in 2018. With the start of a new year come new contribution limits for retirement accounts. These changes are summarized in the table below, of course with a few caveats that are further explained.
There are certain fallacies identified by behavioral economists that impact how we make decisions as investors, and being the emotional creatures that we are, we tend to be heavily influenced by these.
2018 was the fourth year of our blog and what a year it was. The number of readers has grown, and we have continued to get positive feedback on the funny pictures and valuable content. We’ve had more topics to cover based on tax law changes and the concerns of our clients. If you missed any of the posts below or need a refresher on the topic, these are THE BEST OF 2018!
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