Financial Planner Boise ID

Financial Planner Boise ID

How Would You Describe your Relationship with Money

Posted by on Oct 29, 2019 in Financial Planner Boise ID | Comments Off on How Would You Describe your Relationship with Money

How Would You Describe your Relationship with Money Many people have a complicated relationship with money. Hang-ups carried over from childhood experiences get mixed together with positive and negative experiences from adulthood. Few people ever take the time to reflect on what money really means to them and how they can “get right” with money to make smarter decisions. Take time to answer these 5 questions and you’ll do a better job of living your best life possible with the money you have. What’s your first money memory? Your earliest experiences with money probably happened in your home....

Read More

Should I Work in Retirement?

Posted by on Oct 15, 2019 in Financial Planner Boise ID | Comments Off on Should I Work in Retirement?

Should I Work in Retirement?  You are 65. Eligible for Medicare. You have sufficient assets to retire comfortably. You might even have a pension. Should you quit working and retire? Would you be surprised to know 83% of baby boomers intend to keep working after retirement. 14% of those currently working say they will never retire. These “retirement workers” have discovered that part-time jobs or volunteer positions allow them to keep a nice pace in life and find a balance among using their talents, enjoying recreation, traveling, and spending time with family. Some of our most ambitious...

Read More

Slow Down a Hacker: Use Two-factor Authentication Guide

Posted by on Oct 9, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Live Life to the Fullest | Comments Off on Slow Down a Hacker: Use Two-factor Authentication Guide

Slow Down a Hacker:   Use Two-factor Authentication Guide   Two-factor authentication (sometimes called two-step verification) is an extra security measure you can place on certain of your accounts. When enabling this feature, you will have to enter a short-lived one-time code (sent to your phone or device) after submitting your username and password. This process adds an extra layer of security to your account—even if a hacker knows your username and password, they cannot log into your account without the one-time code that is sent to your phone. You need two-factor authentication enabled...

Read More

Medicare and HSAs Don’t Mix

Posted by on Oct 1, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID | Comments Off on Medicare and HSAs Don’t Mix

Medicare and HSAs Don’t Mix   Health Savings Accounts (HSAs) are designed to have a triple tax benefit. Contributions are tax deductible. Assets in an HSA may grow tax free. Distributions for medical expenses are tax free.   However, once you enroll in Medicare your eligibility to contribute to an HSA is cancelled. If you made HSA contributions while covered by Medicare, you face tax fines and penalties. What if you are covered by your employer? Reaching age 65 doesn’t require you to enroll in Medicare. If you employer has credible insurance coverage, you may decline Medicare and continue...

Read More

Can you benefit from a Health Savings Account?

Posted by on Sep 24, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Live Life to the Fullest, Retirement | Comments Off on Can you benefit from a Health Savings Account?

Can you benefit from a Health Savings Account? Health Savings Accounts (HSA) are designed for a triple tax benefit.         1. Contributions are tax deductible         2. Accounts can grow tax free. (You can accumulate dollars in this account.)         3. Disbursements for qualified medical expenses are tax free. Health Savings Accounts are growing in popularity. The total number of HSAs grew to 25 million in 2018, up 13% from 2017 according to Devenir Research. Many financial advisors are using them as another savvy strategy for stashing money away for your retirement years. To qualify for...

Read More

How to Thrive in an Empty Nest

Posted by on Sep 11, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Live Life to the Fullest, Retirement | Comments Off on How to Thrive in an Empty Nest

How to Thrive in an Empty Nest Parents are returning home from dropping their child off at college. It’s a bittersweet experience. Parents are filled with pride, and excitement, as well as sadness. Some parents feel like they have lost their job and are wondering, what now? As a parent you have a new chapter unfolding in your life. Recognize and accept the feelings of grief. This is another step in letting go of your child. This can feel like a loss. Be open in communicating your feelings with your spouse. This is a season where both parents and children are finding new roles. Much planning...

Read More