Financial Education

Tim talks about 4 financial mistakes made in 2020 and 3 general financial mistakes that are not specific to 2020.

What is a robo-advisor and how do they compare with hiring a comprehensive financial planner? Tim talks 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.

Tim describes how dynamic distribution with guardrails works for on-going retirement income and how we determine how much money you can safely withdraw from your investments in retirement.

Tim talks about 4 strategies to consider in your Social Security planning process plus what you can do if you are not happy with the Social Security decision you have already made.

Tim talks about the rapid increase in the stock price of GameStop to cause a short squeeze, why it could happen again, and how it doesn’t have to affect your retirement.

Tim talks about two opposite stories of how consumers are in the best financial shape they have been in while so many consumers are in the worst financial shape they have been in.

There is a lot of confusion about President-elect Joe Biden’s tax proposals. Tim highlights some of Biden’s tax proposals and what they could mean for your retirement.

Since we specialize in working with clients close to or in retirement, Medicare is always a part of our planning process. Today, I am going to touch on some of the basics of Medicare.

Social Security is one of those things that most of us don’t think much about until we get close to retirement. Today we’re going to test your knowledge about Social Security.

Today we welcome Scott Witzig of Morton Community Foundation and talk about donor advised endowment funds.

There are several nuances to inheriting an IRA, depending on the relationship of the beneficiary to the IRA owner, whether the IRA was funded with pretax money, and whether the account owner was required to take RMDs.

We focus on tax planning here at Eagle Ridge Wealth Advisors. Today Tim covers four ways to use charitable giving to your advantage to reduce your tax liability.

Tim discusses estate planning, including why estate planning is important, common misconceptions about estate planning, and how to get started with estate planning.

Tim explains “Don’t fight the Fed” from some of our weekly emails. Then he adds a Twitter thread from Peter Mallouk for clarification on why the markets are bouncing back so well.

Tim covers the main types of insurance coverage and how to determine what coverage you need, including life, disability, umbrella liability, property and casualty, and long-term care insurance.

Tim talks about the difference between a retirement rehearsal and a practice retirement and how either can help you determine if you are ready for retirement.

Tim provides an update on the current market volatility, important things to keep in mind during uncertainty, and 3 action items he's recommending to his clients.

Tim talks about how to assess the possible impact of the coronavirus (or any future pandemic) on your investment portfolio.

Tim discusses why investment fees are traditionally so high, how to think about value in relation to an advisor's fees, and why Eagle Ridge Wealth Advisors is different when it comes to value and transparency.

Does The SECURE Act address millions of Americans that are unprepared for retirement? Tim reviews 7 provisions of The SECURE Act and how they might affect you.