Putting the Correction into Perspective

On February 2, 2018, the S&P 500 Index fell more than 10% from the recent high for the first correction since early 2016. This is actually quite normal, as 19 years out of the previous 38 have had a 10% correction. In fact, the average intra-year correction since 1980 is 13.7%.

Using a Straight Line to Plan for Retirement

When viewing retirement the easiest way to perceive it is as a straight line. The big challenge that people have is figuring out “how long their line is”. If we knew how long we were going to be around during retirement the planning would be easy. But because we do not know how long we are going Read more about Using a Straight Line to Plan for Retirement[…]

Why you’ll want to double check your paycheck in February!

You’ve probably heard by now that the new tax reform bill will hit your paycheck as soon as February. But the change may not accurately reflect your ultimate tax bill. About 90% of people will see more take-home pay, according to the U.S. Treasury. That may sound like great news, but here’s the problem: There’s a Read more about Why you’ll want to double check your paycheck in February![…]

50 Things to do In Dallas / Fort Worth for Christmas

Just in case you don’t have enough to keep you busy this Christmas, here are 50 things for you and your family to enjoy. Merry Christmas!!! Lights and Displays Texas Motor Speedway’s Gift of Lights is a drive-through holiday light show on the track. Take it easy, though, Mario Andretti–You’ll want to cruise slow to appreciate the Read more about 50 Things to do In Dallas / Fort Worth for Christmas[…]

How Do Your Financial Ripples Look?

We all make many different financial decisions throughout our lives. You make retirement planning decisions, insurance decisions, college planning decisions, mortgage decisions, tax decisions, debt reduction decisions, charitable decisions and the list goes on. And you will continue to make these decisions as you progress throughout the phases of wealth accumulation, distribution, and preservation. The problem is not Read more about How Do Your Financial Ripples Look?[…]

How You Make Your Money During Retirement is just as Important as How Much You Make!

At some point in the future, you are going to look at your spouse and a warm feeling is going to come over you. It may be at age 55, 60 or 65. It will be the day that you retire. On this day you will begin to understand that “How you make your money Read more about How You Make Your Money During Retirement is just as Important as How Much You Make![…]

Do You Believe What I Believe?

Do you believe what I believe? That is a crazy thing to ask, but if you think about it all major changes in society, technology, and thought processes have started with coming together around a central thing to believe in. Here is what I believe in. I believe in challenging conventional wisdom with regard to Read more about Do You Believe What I Believe?[…]

Fee Fi Fo Fum…

Fee-fi-fo-fum. I smell the blood of a U.S. Taxpayer. Be he alive or be he dead. I’ll tax his bones until he’s fully bled. The phrase has no meaning apart from when quoting Shakespeare or Jack and the Beanstalk, there’s little reason ever to use it. I am however going to use it to reference Read more about Fee Fi Fo Fum…[…]

The Only Tax You Owe is the First One!

If you have ever read the tax code from cover to cover please raise your hand. Don’t be silly put your hand down. For one reason I cannot see you raise your hand through your computer screen (only the government can do that). And the other reason, the tax code is 75,000 pages – who is Read more about The Only Tax You Owe is the First One![…]

The effects of Trump’s Tax Plan on Tax-Free Retirement Planning

How does getting to the 0% tax bracket change if President Trump lowers rates? Here are the facts. If Trump is to push his tax cuts through, it will likely be under what is known as budget reconciliation. The passage of otherwise controversial laws requires a filibuster-proof supermajority or three-fifths vote in the House and Senate. Since Read more about The effects of Trump’s Tax Plan on Tax-Free Retirement Planning[…]