Financial Education

Don't let your inheritance get hit with a massive tax bill! Tim breaks down the key tax differences of tax-deferred, taxable, and Roth account types and how each is impacted when inherited.

Discover the powerful strategies of tax loss harvesting and asset placement to optimize your investment portfolio and reduce your tax burden.

Tim discusses stock market volatility and advises clients to remember the purpose of their investment portfolio - to create a reliable income stream in retirement.

Tim covers 5 problems with dividend investing and what he believes to be a superior long-term investment strategy.

Tim stresses the importance of separating a financial advisor's custodian from their own firm to prevent conflicts of interest and ensure investor protection.

Tim breaks down what a financial custodian is and its role in holding client assets. He discusses why his firm chose to partner with Altruist Financial as its primary custodian.

See how Tim helped a couple with $1.5 million retire comfortably through tax planning, analyzing expenses, and determining probabilities.

Tim breaks down everything you need to know about deploying a dynamic guardrail withdrawal strategy for a safe income stream during retirement.

Tim outlines the tax implications of pre-tax, Roth, and taxable accounts, and he discusses managing taxes and locations of investments for optimal tax efficiency in retirement.

Tim presents a retirement plan for a couple with $1.285 million in savings. He analyzes their cash flows, expenses, taxes, and withdrawal rates over time to determine if their savings will last through retirement.

Tim breaks down the "behavior gap" and why avoiding marketing timing and opting to stick to a well-thought-out financial plan is crucial for retirement success.

Five crucial mistakes that often slip under the radar for retirees can cost them large sums of money, often reaching into the hundreds of thousands, if not millions of dollars, over the course of their retirement.

Tim unveils a real-life case study of a couple worth $2.4 million. They were sitting on a "tax bomb" set to explode to over $1.7 million in taxes! Tim's strategy of Roth conversions and withdrawal planning could save them $2.2 million!

Tim discusses Dave Ramsey's controversial recommendation that retirees invest 100% in equities and withdraw 8% annually.

Tim breaks down the 20 most common investment mistakes as outlined by the CFA Institute. This emphasizes the importance of planning ahead, minimizing emotional decisions, considering risk tolerance, and the importance of partnering with a financial professional.

Tim discusses a little-known benefit in the US tax code: the 0% tax rate on investment income. Certain individuals may pay no taxes on capital gains from taxable investment accounts.

Tim talks about how to reduce your lifetime tax liability by using Roth IRA conversions, how to get more money into a Roth IRA with a “backdoor Roth,” and how to use a Roth IRA for college savings.

A good, comprehensive financial advisor can boost investment performance by using tax planning strategies, such as asset location. Here's how.

On Retire Your Way Radio, I’m sharing a recent Morningstar study about why investors underperform every year and how to improve your returns. I also tie in how advisors can add value.

What is a robo-advisor and how do they compare with hiring a comprehensive financial planner? In this episode of Retire Your Way Radio, I’m going to talk about what a robo-advisor is, how a robo-advisor works, and who may or may not be a good fit for a robo-advisor.