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One of the more dangerous, dangling carrots I have seen lately is the Qualified Opportunity Zone (QOZ).

The claim: “Take Highly Appreciated Stock, Sell It, Invest in a QOZ, and Your Taxes Disappear”

Sounds compelling, doesn’t it? Too good to be true? At least worth a closer look.

Estate planning gets complex sometimes. Clients often ask about the benefits of converting a traditional IRA into a Roth IRA. And there are benefits. So, maybe we should consider them.

Leaving Roth money in an estate has 4 basic benefits.

Many people spend more time planning their vacation than they do planning for retirement. That’s hardly a surprise. After all, vacations are provide more immediate fun! They’re also easier to plan because you know what questions you should ask – (Where will we stay? How will we get there?

• Prince
• James Gandolfini (Tony Soprano)
• Jimi Hendrix
• Aretha Franklin
What do these four people have in common? Legendary entertainers, fame, fortune, and……..the absence of a properly executed will when they passed.

Roth accounts are a great addition to your retirement savings. You put in after-tax dollars and it grows tax-free, which is such a beneficial to supplement your retirement income. By using Roth money, many times in retirement you can help keep yourself in a lower tax bracket, minimizing taxes.

Women are taking on more responsibility for their financial lives compared to previous generations. There are several reasons why this is important. In the past, women have typically worked less than men as they were the primary caregiver, which means they had fewer opportunities to contribute money in retirement plans, savings, and investments.

You probably are already aware that we are currently enjoying historic lows in unemployment.  According to the Bureau of Labor Statistics, the overall jobless rate as of September 2019 was 3.5%.  But what you may not know is that the jobless rate for workers over age 55 is even lower (2.4%) than the overall jobless rate!

As a financial advisor, I have long been frustrated by the lack of financial planning that our education system provides.  Most Americans are provided skilled teachers with tools and curriculum designed to equip them with the areas of knowledge needed to work for employers.  When it comes to taking care of themselves both financially and in other areas of their lives, they are left to

You’ve just spent the best day of your life celebrating your new marriage with all your family and friends. You can’t wait to start the rest of your life with your new spouse. Now that the cake is gone and the confetti has settled, it’s time to take a look at your new life together and get on the same page when it comes to your finances.

Volatility in the equities market and a recent yield curve inversion has many households fearful about a recession.  A recession means that the value of their stock holdings should fall on paper, and this incites fear.  Fear is a bad mindset when it comes to investing in stocks.