Bill Perkins’ “Die with Zero” offers a provocative challenge to traditional financial planning: instead of aiming to accumulate the largest possible nest egg, why not focus on maximizing your life experiences and ensuring you spend your money before you die? This book has generated a lot of buzz, and while it presents some compelling ideas, it’s essential to approach its advice with a discerning eye. Brief Summary: Perkins argues that we should prioritize “life experiences” and allocate our spending across our lifespan to optimize for enjoyment and create lasting memories. […]

Planning for your digital footprint after you’re gone is an important complement to traditional estate planning. This post will help you consider what is involved in the process so you can safeguard your digital footprint. What is a Digital Estate? A digital estate encompasses all your online accounts, digital files, and electronic devices. This includes social media profiles, email accounts, online banking, cryptocurrencies, cloud storage, and more. Without proper management, these assets can become inaccessible, causing stress and potential financial loss for your loved ones. The Role of a Digital

The recently passed One Big Beautiful Bill Act (OBBBA) introduces significant changes affecting a broad spectrum of taxpayers. My aim is to help you anticipate how this legislation will impact your own financial planning—whether you’re a homeowner, parent, student, retiree, business owner or high-income employee. Let’s break down the key provisions and what they mean. For Itemizers: An Expansion of Property and Income Tax Deductions and a Reduction in Charitable Deductions One of the far-reaching changes in OBBBA is the overhaul of property-related deductions. The State And Local Tax (SALT)

Are RSUs a mystery to you? Restricted Stock Units are a popular perk for employees and give you an ownership stake in the company you work for. But how do RSUs work? Let’s go over a few things about this form of equity compensation. RSUs by themselves are not stock. If your company gives you 100 RSUs, those units are your company’s promise to give you 100 shares of company stock at a future date. You might not get all of those shares at once, though; you’ll have to wait

You might wonder how your investments add up. How do they compare to other investments? Sure you are adding money to your account and you see your account grow but does that mean the investments themselves are growing effectively? In the news we often hear about the performance of the “S&P” and the “Dow Jones” as if their performance must be meaningful. The S&P 500 is a stock market index that tracks the performance of 500 leading publicly traded companies in the United States. The Dow Jones Industrial Average, another

Even though the inflation rate has eased from the June 2022 high of 9.1% to a current rate of 3.1%, we continue to feel inflation’s effect on our budget. What is most important is how we react to it. Effective strategies can turn inflation from a foe into a catalyst for financial growth and stability. Inflation & the Economy While we know that inflation is the gradual rise in the price of goods and services, the resulting impact of it is that our dollar doesn’t go as far. Inflation happens