When you approach retirement, a big decision looms: should you take your pension as a lump sum or opt for a lifetime annuity? You’ve worked hard to build your wealth, and how you manage it in retirement can have long lasting benefits. As a Certified Financial Planner(R) (CFP), I’ve helped many clients navigate this decision. […]
Navigating Your Pension: Lump Sum vs. Annuity – What’s Right for You? Read More »
Deciding whether to take your pension as a lump sum or as monthly payments can be one of the most important financial choices you’ll make before retirement. As someone with experience guiding high-net-worth and high-earning individuals, I understand how this decision can feel overwhelming. But by taking a thoughtful approach, you can make an informed
7 Steps to Evaluate Your Lump Sum Pension Options Read More »
Sudden wealth can be an exciting and overwhelming experience. Whether you’ve sold a business, received an inheritance, or won a large sum of money, the opportunities are endless. But if you’re, like many high-net-worth individuals, this sudden influx of money also presents some critical decisions that need careful consideration. As a Certified Financial Planner (CFP®),
What Are the Best Investments for Sudden Wealth? Read More »
And 9 Actionable Tips When you’ve spent decades building your wealth, the last thing you want is for an unforeseen event to unravel everything. High-net-worth individuals, particularly those aged 40-70, face unique risks that can threaten their financial security. In this guide, we’ll explore practical ways to safeguard your wealth from unpredictable challenges. Whether it’s
How to Protect Your Wealth from Unforeseen Risks Read More »
Understanding the Significance of Unexpected Wealth As a Certified Financial Planner (CFP), I’ve seen firsthand how unexpected wealth can transform a person’s life. It often comes in the form of a sudden inheritance, the sale of a business, or a successful investment. While these events are usually positive, they can also be overwhelming. For example,
The Surprising Impact of an Unexpected Wealth Event Read More »
Introduction Budgeting tips for a non Budgeter. Budgeting is often seen as a necessity for those with limited financial resources, but even high net worth and high earning individuals can benefit significantly from a well structured budget. This guide is for you if you consider yourself a non budgeter, and want some quick tips for
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Common mistakes to avoid when saving money is a fundamental aspect of financial planning, yet even the wealthiest among us can fall into common traps that hinder their financial growth. As a certified financial planner, I’ve seen firsthand how high net worth and high earning individuals, particularly those aged 30-70, can make mistakes that are
Common Mistakes to Avoid When Saving: A Guide for the High Net Worth Read More »
As a financial planner, I’ve had countless conversations with clients about building emergency savings. High earners or those with significant assets often think they’re immune to financial disruptions. But, having a solid emergency savings fund is just as crucial for someone with a six-figure income as it is for anyone else. Let’s dig into why
Emergency Savings Goals: Why It Matters Read More »
As a high earner, you’re likely always on the lookout for ways to maximize your after tax returns. Let’s explore some advanced strategies that can help you keep more of your hard earned money. Tax Efficient Investment Strategies to Maximize After Tax Returns One of the most effective ways to boost your after tax returns
Maximizing Your After Tax Returns: Advanced Strategies for High Earners Read More »
As you approach or enter retirement, Required Minimum Distributions (RMDs) become an important financial milestone. Understanding what factors influence your RMDs can make a significant difference in how much you pay in taxes, how you manage your retirement income, and how you preserve wealth for your heirs. In this insight we will take a look
What Factors Impact My Required Minimum Distributions? Read More »
