Abnormal Returns

MAY 31, 2023

thomaskopelman.com) Who is eligible for the retirement savings tax credit? contessacapitaladvisors.com) Why it pays to get certain expenses out of the way before retirement. tonyisola.com) "Personal Finance Mistakes You're Probably Making" a presentation by Prof. podcasts.apple.com) Morgan Housel on the 'art of spending money.'

Retirement 246

Retirement Taxes Media Investments 246

Abnormal Returns

JULY 3, 2023

investmentnews.com) Retirement It's inevitable we will see more older workers. klementoninvesting.substack.com) The reasons why people un-retire. riaintel.com) Why you should flip your plan presentation meetings on their head. (financial-planning.com) Wealth.com's Ester will help you read estate planning documents.

Estate Planning 240

Estate Planning Recruitment Wealth Management Startup 240

Nerd's Eye View

MAY 17, 2024

Also in industry news this week: The SEC this week announced a proposed rule that would require RIAs to collect and verify their clients' personal information in an effort to prevent illicit activity, though many firms likely are taking many of these steps already Why larger RIAs and those that have been acquired tend to have worse client and staff (..)

Financial Planner 238

Financial Planner Wealth Management Retirement Investment Planning 238

Nerd's Eye View

NOVEMBER 3, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the Department of Labor this week released its long-awaited "retirement security rule", its latest effort to curb conflicts of interest around retirement savings recommendations.

Financial Planner 246

Financial Planner Retirement Planning Retirement Insurance 246

The Big Picture

MAY 4, 2023

Owners tend to be fairly well off, and each incremental dollar they earn is more likely to be spent elsewhere – retirement savings, durable goods, etc. We present the first causal analysis of recent large minimum wage increases, focusing on 47 larger U.S. It has aa much smaller impact on the local economy.

Food 364

Food Economy Retail Retirement 364

Nerd's Eye View

OCTOBER 11, 2024

Also in industry news this week: Edward Jones, which added more new CFP professionals than any other firm last year, announced that it is planning to offer financial planning services nationwide, highlighting the value for RIAs and other firms of differentiating themselves amidst increased competition not only for clients, but also for advisor talent (..)

Financial Planner 246

Financial Planner CFP Financial Planning Retirement Planning 246

Nerd's Eye View

MAY 26, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that while banks have been able to attract a younger and more diverse set of financial advisors compared to the rest of the industry, thanks in part to their built-in referral stream, a relative lack of independence (..)

Financial Planner 246

Financial Planner Fiduciary Duty Retirement Clients 246

Nerd's Eye View

DECEMBER 23, 2022

”, a series of measures that will have significant impacts on the world of retirement planning. How the holiday season presents an opportunity to have important money-related conversations with family members. How ‘regifting’ can help save money and reduce waste.

Financial Planner 246

Financial Planner Retirement Planning Financial Planning Budgeting 246

Nerd's Eye View

MARCH 20, 2024

By distilling hundreds of pieces of information into a single number that purports to show the percentage chance that a portfolio will not be depleted over the course of a client's life, advisors often place special emphasis on this data point when they present a financial plan.

Communication 246

Communication Clients Financial Planning Risk Tolerance 246

Nerd's Eye View

OCTOBER 23, 2024

AUM detractors like Sethi often present a calculation that compares the performance of 2 identical portfolios – one managed by an advisor who charges a 1% AUM fee for 20+ years, and one without an advisor – illustrating how the fee can significantly erode the cumulative value of their portfolio by the time they reach retirement.

Clients 246

Clients Financial Advice Financial Planning Financial Advisor 246

Nerd's Eye View

DECEMBER 21, 2022

By distilling hundreds of pieces of information into a single number that purports to show the percentage chance that a portfolio will not be depleted over the course of a client’s life, advisors often use this data point as the centerpiece when they present a financial plan.

Financial Planning 246

Financial Planning Planning Retirement Portfolio 246

Good Financial Cents

JANUARY 26, 2023

Early retirement has become a popular financial goal. Even if you never retire early, just knowing that you can is liberating! Can You Really Retire at 50? Can You Really Retire at 50? Table of Contents Can You Really Retire at 50? FAQs on Retiring Early at 50 It’s a big bold claim – retire at 50?

Retirement 122

Retirement Taxes Retirement Planning Accounting 122

The Better Letter

APRIL 6, 2023

Realistic Retirement Planning My children have consistently (and kindly) remarked about how grateful they are to have been able to graduate (with honors) from fine universities without any debt. Our retirement planning took a hit to do so. Thanks for reading. However, achieving that goal came at a cost.

Retirement Planning 102

Retirement Planning Retirement Planning Financial Planning 102

Abnormal Returns

APRIL 19, 2023

abnormalreturns.com) Comparisons Ramp, "Ultimately, what holds true value in life is being present for your friends and family in their time of need, rather than relinquishing your integrity for the sake of money or material possessions." whitecoatinvestor.com) The key to retirement withdrawals is flexibility.

Taxes 246

Taxes Planning Retirement Accounting 246

Nerd's Eye View

JANUARY 13, 2025

And for those who don't want to join the team full-time but would simply like to 'Nerd Out' with us for a bit and share what they do or know with their fellow advicers, remember to check out our "How To Contribute" page to see how you can engage with the Kitces platform as a guest writer, presenter, or podcast guest!

Financial Advice 147

Financial Advice Ethics Financial Planning Education 147

Zajac Group

JANUARY 24, 2025

Now this begs the question If your late-stage private company presents a tender offer, whats the right move to make for your immediate and long-term financial well-being? Lets assume your company announces tomorrow that a tender offer is being presented to all employees with shares of company stock. Schedule an introductory call today.

Taxes 52

Taxes Portfolio Investing Investments 52

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 246

Assets Management Clients Compliance 246

Integrity Financial Planning

FEBRUARY 24, 2023

Now that you’ve worked to set up a great life after working for so long, it can be a great idea to help avoid those retirement blues and start your retirement off with a bang! One way to kick things off the right way is to consider having a party with your friends and family to celebrate your retirement. Throw a Party!

Retirement 96

Retirement Financial Planning Planning 96

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 245

Assets Management Compliance Retirement Planning 245

eMoney Advisor

NOVEMBER 7, 2022

Whether they are on the cusp of retirement or living as a retiree, this is an impactful time of transition. Navigating the Retirement Transition with “Switches” Because the transition to retirement is dynamic and requires financial, lifestyle, and social choices, clients need a full understanding of their “switches” or options.

Financial Planning 107

Financial Planning Retirement Planning Clients 107

Nerd's Eye View

AUGUST 2, 2024

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a Federal district court in Texas has put a stay on the effective date of the Department of Labor’s (DoL’s) new Retirement Security Rule (aka “Fiduciary Rule 2.0”),

Financial Planner 246

Financial Planner Financial Advice Investment Planning Planning 246

Nerd's Eye View

NOVEMBER 21, 2023

and why Suzanne has taken an approach of not trying to work and save for retirement as a time to enjoy when she gets there, but instead has structured her busy-season-light-season approach to client meetings to allow for more space to enjoy trips and time with her family now, instead.

Clients 246

Clients Financial Advisor CFP Wealth Management 246

Nerd's Eye View

AUGUST 2, 2024

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that a Federal district court in Texas has put a stay on the effective date of the Department of Labor’s (DoL’s) new Retirement Security Rule (aka “Fiduciary Rule 2.0”),

Financial Planner 243

Financial Planner Financial Advice Investment Planning Planning 243

Integrity Financial Planning

OCTOBER 27, 2022

Before your generation, retirement had long been perceived as a time when life took a downward turn. Baby Boomers have been cool kids since their inception: introducing rock n roll, pop culture, mainstream technology, and now, reshaping retirement into a time of exploration, passion, and learning. Keeping Money for Retirement.

Retirement 92

Retirement Financial Planning Planning Media 92

Integrity Financial Planning

JANUARY 27, 2023

Retirement is a time for rest, relaxation, and a chance to sit back and appreciate all that we have gained. However, it’s important to recognize that financial stability is crucial for personal growth during retirement. Retirement is also a time for reflection and personal growth.

Retirement 97

Retirement Financial Planning Planning 97

WiserAdvisor

OCTOBER 4, 2022

Retirement planning can be a bit complex. Given the complexity and magnitude of things necessary for a comfortable retirement, starting planning from a young age is also essential. At the age of 30, your daily expenses can significantly differ from what you would need in retirement. Ten retirement expenses to keep in mind: 1.

Budgeting 102

Budgeting Retirement Healthcare Food 102

Random Roger's Retirement Planning

AUGUST 18, 2022

At 50 though, you do need to have some context for how viable your idea of retirement is. My reasoning is as it has always been, my income is levered to the ups and downs of the stock market, I don't ever want to retire, we have been living below our means for ages and now all the more so having just paid off our mortgage.

Retirement Planning 92

Retirement Planning Retirement Planning Asset Allocation 92

eMoney Advisor

JANUARY 10, 2023

When financial professionals know how to effectively present a financial plan, they can better engage clients in the planning process and earn clients for life. Presenting a financial plan, however, isn’t as simple as running through the numbers. Communicate Clearly and Effectively. Divide and Conquer. Sometimes less is more!

Financial Planning 76

Financial Planning Planning Financial Planner Communication 76

Nerd's Eye View

MARCH 1, 2023

The hope is that these conversations will help the prospect ease into a positive frame of mind (by thinking about a vacation, retirement, or another future aspiration) and, at the same time, present the advisor with an opportunity to show how their services can help the prospect achieve their goals.

Clients 246

Clients Financial Advisor Retirement Communication 246

Clever Girl Finance

FEBRUARY 2, 2024

Starting early with investing for retirement is so important to secure your future self. This means that saving for retirement should be a component of your overall financial portfolio and wealth-building strategy. So, let’s discuss how to save for retirement in your 20s! How do I start putting money away for retirement?

Retirement 98

Retirement Accounting Taxes Risk Tolerance 98

A Wealth of Common Sense

AUGUST 29, 2023

There’s a great scene in Midnight in Paris about nostalgia that I think about a lot: Some people always think the past is better than the present because of this golden age line of thinking. I always see memes like this going around Twitter: Life would be better is this was true. Unfortunately, it’s not (see here and here).

Retirement 98

Retirement Media 98

Carson Wealth

JUNE 2, 2023

by Jake Anderson, Paraplanner Retirement accounts like 401(k)s and IRAs allow individuals to save for their future in a tax advantaged manner. This gives you ample time to grow your savings and investments for retirement. IRAs and 401(k)s are primarily designed to help fund retirement not pass wealth onto future generations.

Distribution 98

Distribution Accounting Retirement Retirement Planning 98

Don Connelly & Associates

DECEMBER 16, 2024

Whether planning for retirement, investing in volatile markets, or managing tax implications, clients are often presented with intricate information that can leave them overwhelmed, confused, and anxious, undermining their ability to make informed decisions.

Communication 52

Communication Financial Advisor Financial Planning Clients 52

Nerd's Eye View

JANUARY 24, 2023

What's unique about Jennifer, though, is how, after more than a decade of building her own successful solo practice, she intentionally decided to merge her practice with another solo practitioner when an unusual crisis opportunity presented itself, and handle the more complex business management dynamics that followed, so that she could fulfill her (..)

Management 246

Management Financial Advisor Planning Retirement 246

NAIFA Advisor Today

JANUARY 6, 2025

A much-anticipated feature of this edition is the annual indexed retirement and Social Security numbers for 2025, conveniently presented in an easy-to-reference table. The J anuary issue of the Journal of Financial Service Professionals has arrived, and its a must-read for anyone in the financial services community.

Financial Services 52

Financial Services Consulting Retirement Numbers 52

Nerd's Eye View

AUGUST 29, 2023

What's unique about Jeff, though, is how he built his own financial planning spreadsheets in Excel, and has developed coding and integrations that automatically populate into a PowerPoint presentation, that he then shows clients to help build a story for their financial plans and give them the motivation they need to achieve their financial goals… (..)

Planning 245

Planning Clients Financial Planning Financial Advisor 245

Integrity Financial Planning

DECEMBER 22, 2022

If you are an art lover and want to build your own collection in retirement, here are small steps to get you started: Art Demands You Listen to Your Heart. Plus, some of the fun of adding a new piece to your collection is figuring out how to best present it! 1] [link]. [2] 2] [link]. [3] 3] [link]. 1] [link]. [2] 2] [link]. [3]

Retirement 96

Retirement Financial Planning Commission Consulting 96