Should I Move from Southern California to Nevada When I Retire?
By Matthew Theal, CFP®
As our clients get ready to retire, one of the common questions we receive is “Should I move out of California?”
New Year’s Resolutions: 5 Steps Toward Financial Well-Being
It’s a new year, and that means new resolutions. Like many people, you may have made financial well-being one of your resolutions for 2019, but how do you go about achieving it? We’ve included five easy-to-implement steps to help increase your financial health and meet 2020 with confidence.
Can I Fund My Retirement by Selling My Business?
A recent survey found that 72% of all small businesses do not have a succession plan in place!
This means there are lots of business owners with no plan as to who will run their business when they retire or become incapable of running it themselves.
RPA Gift Guide—Wife Edition
By the RPA Wealth Management Team
Last Friday we published the first-ever RPA Wealth Management gift guide. It was so popular that we decided that the wives of RPA needed to publish one as well!
The RPA Holiday Gift Guide
By the RPA Wealth Management Team
As we approach the holidays, we decided to take a pause on the financial topics and instead roll out the very first ever RPA holiday gift guide!
The idea behind the guide is to share your advisors’ favorite gifts to give this holiday season. We hope that we can give you some ideas for those tough-to-shop-for people in your life.
Year-End Tax Saving Strategies
By Matthew Theal, CFP®
As the year winds to a close, we thought it would be beneficial to take a look at some strategies you can implement right now that could give you tremendous tax savings in April.
Different Volatility, Same Advice: 6 Tips for Weathering Market Drops
By Matthew Theal, CFP®
October, as is usually the case historically, was a rough month for stock markets across the world. The S&P 500 declined a little over 9% at its worst point.
Who knows what the real reason is? Rising interest rates? Maybe. Concerns regarding the election? Plausible. The point is nobody knows.
But for some reason, whenever stock markets start to drop, people freak out. After 10-plus years in the industry, it baffles me to this day.
Creating a Killer Budgeting Strategy
By Matthew Theal, CFP®
I’ll be honest with you; traditional budgeting does not work.
It’s way too difficult and meticulous to go through your spending every month. After a while, it becomes so tedious that you just give up and go back to your old spending habits. In all my years as a financial planner, I have never seen a client successfully follow an itemized budget.
Luckily, I have developed a much simpler strategy that works wonders for most of my clients and me.
Personal Finance Lessons from the Financial Crisis
By Matthew Theal, CFP®
Ten years ago in late September 2008, I moved to New York City. I was 22 years old and fresh out of college. I moved there to chase my dream of working on Wall Street. My timing was less than perfect as during that month Lehman Brothers had declared bankruptcy—the largest corporate bankruptcy ever.
The world was in crisis as the Dow Jones was plunging, home prices were cratering, and hardworking people were losing their jobs. I was lucky enough (i.e., cheap labor) to have found a job that month working as a financial journalist.
Mark Your Calendar: Important Ages for Retirement
As you approach your 50s, you should be mindful of significant retirement milestones that are associated with your age. Below is our guide to the dates and associated rules you should plan for in retirement.