How to make the best of your charitable donations

Over the past four years, the United States has enacted several new pieces of tax legislation that had a significant impact on tax and retirement planning at every level. 2017 brought the Tax Cuts and Jobs Act, or the TCJA for short, that made sweeping changes throughout the tax code. In 2019 Congress passed the…

By Zack Marcotte
June 18, 2020

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Your expenses change with your age

Traditionally, many financial planners have used the income replacement ratio to determine how much money you will need to fund your retirement. The age-banding approach is an innovative strategy chosen due to its increased accuracy and lower initial money required to create an income stream throughout a 30+ year retirement. A hypothetical retirement will be…

By Zack Marcotte
February 25, 2020

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How to Achieve Financial Agility

What is financial agility? Well, it’s a term I made up, but it seems descriptive enough to be easily understood. Financial Agility is the ability to adapt to changes to your financial future, as well as to overcome any challenges along the way. Your “agility score” is tied to one simple metric: your fixed expenses….

By Zack Marcotte
December 4, 2019

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Trust me, I do this every day

A client told me he had recently changed jobs and asked if I would roll over his 401(k)—into an existing Roth account. I asked if he knew whether his original 401(k) had been a traditional, or a Roth. Was he sure? He was a little gruff at my complicating something so simple. But I really…

By Zack Marcotte
June 13, 2019

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