Dying Young is Not A Retirement Plan
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Yes, many retirees may die with significant assets. However, this helps to ensure that they have sufficient assets to support their lifestyle should they make it to age 100.

The Costly Effect Of Saving In A Taxable Account
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The annual drag of taxable account taxation may seem like a small amount, but the effect over long periods of time such as 30 years is significant.

How To Use a Marotta Capital Gains Tax Hurdle Report
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These complex formulas help decide when highly appreciated investments should be sold and the proceeds put in a different investment philosophy.

Four Simple But Effective Conversion Target Calculations
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Doing some conversion is usually much better than doing no conversion at all. We offer these four simple but effective strategies to calculate a good-enough conversion target for this year.

Don’t Pay The Price of Structured Products Despite Principle Protection
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Given the purposeful complexity and limitations to structured products we suggest you avoid them.

Systemic Barriers to Racial Diversity in Financial Planning
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All of these factors contribute to the low inclusion of people of color among those holding the CFP® certification.

Seven Elder Abuse Scams and How to Protect Yourself
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Here are the most common elder scams and how to prevent them.

New Parent Financial Checklist
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To help you get a good financial start as parents, here’s a financial checklist for new parents.

Should I Pay Off My Mortgage?
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Even if the world was ending, I still want to have a mortgage.

Video: The Value of Systematic Roth Conversions
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In this talk, David demonstrates how Roth conversions can be extremely valuable even if a client is always in the same tax bracket.

Zero Steps To Take Before Contacting a Financial Advisor
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Don’t delay getting your finances in order until you get your finances in order. Ask for help today and see what wisdom a financial advisor has to share.

How to Implement The Automatic Millionaire Technique at Schwab
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By decoupling your standard of living from the size of your income, you have taken the first step toward financial freedom.

Troubles With 401(k) Plans Run By Salespeople
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The worst cause of employer stress is the fact that there exist many financial salespeople who offer plans which benefit themselves at excessive cost to the employer and their employees.

Q&A: How Much K-12 Tuition Can I Reimburse from 529 Plan?
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By flowing money through a 529 account, a Virginia tax payer could receive a $575 discount on their private school tuition.

Pay Your State Tax By Donating to Charity
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If you have a tax credit eligible charity where you like their work better than the state government, then consider redirecting your state tax to fund the charity instead.

The Full Complexity of All Required Minimum Distribution Divisors Explained (2020 Update)
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The SECURE Act of 2019 changed several things, so here is an updated review of this complex subject.

The Most Tax-Efficient Method of Leaving Assets to Charity in Your Estate
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If you have a charity among your heirs, there is the possibility for tax savings.

Using Complex Beneficiary Designations to Give Your Heirs Flexibility
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Not every custodian is willing to accept the complexity, but I am grateful that Schwab is.

How to Use An Efficient Frontier Graph
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While an efficient frontier graph cannot hand you a perfect asset allocation, it remains a useful tool in analyzing what the past can tell us about a wide variety of investments.

How to Avoid Being Swindled By Elder Fraud
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As fiduciaries, we are on your side to ensure that your goals are met. Protecting you from elder fraud is just one of the many services we can offer as a part of comprehensive financial planning.

A Review of Finances at Age 60
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I’m turning 60 this week. Even though I plan on working as long as possible, this is an important check point.

How to Save for Retirement When You Are Old And Broke
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No matter how small your savings or when you start accumulating them, those small changes have large effects over time.

Four Reasons to Rebalance
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In these ways, rebalancing can be of great value to a long-term investor’s portfolio.

How to Self-Insure for Long-Term Care Health Expenses
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If you save this target, your assets have a better chance of seeing you all the way to the end.

Risk-Return Analysis of Freedom Investing
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In this article, I am reviewing the quantitative measurements and performance metrics of Freedom Investing to see how its risk and return compare to the EAFE Index, its benchmark.

The Best Way to Fund a Charles Schwab Account
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After you have opened your account, there are many methods of contributing to or funding your Charles Schwab account. The best and easiest four methodologies are as follows.

A 25-Year Review of Freedom Investing
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These findings together demonstrate how Economic Freedom seems to have been a valid factor for higher expected returns than investing in the EAFE Index alone.

You Deserve More Than Investment Management and a Retirement Plan
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We strive to provide the necessary resources for anyone to prepare their own investment plan and meet their financial objectives for free on our blog, but we offer more services than that to our clients.

Remembering The 2008 Crash as a Financial Planner
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Sometimes, you don’t get a second chance to be brave.

How to Use Your 401(k) to Convert Only Your IRA’s Nondeductible Basis to Roth
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If you have an accepting employer plan, you could consider rolling the pre-tax funds into your 401(k) this year while converting your nondeductible basis cleanly to a Roth IRA.

‘You Make Most Of Your Money In A Bear Market; You Just Don’t Realize It At The Time’
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You don’t have to time the market to make money in the market. In fact, timing the market is usually a losers game as the market often pushes your emotions to do exactly the wrong thing.

13 Financial Actions to Consider During Market Downturns Like This
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Market returns are out of your control. These thirteen actions are in your control.

Five Beneficiary Ideas Other Than Family
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When family inheriting is not an option or you are not all that close with your relatives, sometimes it can be trickier to decide where to leave your estate.

Q&A: What is a Diversified Alternative to an Individual Bond Ladder?
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A stability allocation has two purposes: to meet withdrawal needs and to move the portfolio more conservative (less risky) by dampening the volatility of stock returns.

How to Acquire Prepaid Schwab Cashiering Envelopes
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Unfortunately, you must order cashiering envelopes directly from a Schwab agent. Here’s how you do it.

Harvest Major Capital Losses Whenever You Have Them
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While you can only use $3,000 per year of capital losses to reduce your taxable income, you should bank as much capital loss as possible for other future uses.

Q&A: Which Products Do You Buy and Which Do You Avoid?
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The selection of what products we purchase or avoid for clients is based solely on what we believe gives our clients the best chance to meet their goals.

Save More Even If It Is Less Than You Should
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No matter how small your savings, those small changes have large effects over time.

How To Spend: Use Only Just Enough
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Most of our regular use of items is habitual. Developing a mindset that uses less requires changing our habits.

Beware Sloppy Retirement Advice
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There are at least seven major mistakes in this advice by Wells Fargo Asset Management.

How to Switch to Paperless Delivery at Schwab
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To avoid a higher trading fee at Schwab, it is in your best interest to turn on paperless delivery for everything that you can.

How To Update Your Address at Schwab and Why It Is Not Straightforward
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Luckily, you can update your address online. Unfortunately, it is not as straightforward as the average investor suspects it will be.

Avoid Identity Theft By Using Different Random Passwords On Each Website
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Here are some of the best practices to protect your identity.

Charles Schwab: How to Order More Checks or Deposit Slips (2019 Update)
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Schwab used to have a streamlined service for ordering more checks. Now as of 2019, they have outsourced their check ordering to a third party.

Using Forward P/E Ratio To Dynamically Tilt A Portfolio
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A low forward P/E suggests higher expected appreciation.

Core Values Budgeting: One Strategy to Identify Budgeting Changes
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Here is a strategy that can both help you identify what you value and help you start your budget.

Q&A: How Should I Balance Retirement Savings With Other Needs?
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Anything which is not contributing toward your financial independence should be considered part of your lifestyle spending.

How to Calculate Safe Spending Rate from a Fixed Pension
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Setting aside some of the payment to cover future inflation is a prudent retirement planning practice.

Best Practices for Your Estate Plan’s Tangible Property List
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“I may leave a list or other written statement expressing how I wish certain items of my tangible property to be distributed.” But how do I do that?

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