Financial Planning For High-Income Earners
Reduce Taxes • Invest Smarter

Discipline Equals Freedom

My life has been thousands of planning iterations. It started with planning around sports in grade school and evolved into planning wartime operations in the Middle East. Fast forward to the present, and I am helping families plan for what's important to them....

3 Reasons to Consider a Roth Conversion

Since marginal tax rates are at a historical low, Roth conversions are all the hype right now. Many investors are doing their research to decide if they should jump on the conversion train. If you're in this group or are just learning about the strategy, here are...

The Trojan Horse of IRAs – The Backdoor Roth

In RCs and I Ain’t Talking Cars, I explained what a Roth conversion is, how to complete the process, and why you may want to consider it. But I didn't talk about the backdoor Roth. While it's technically a Roth conversion, the execution is slightly different. If...

Traditional or Roth – Which Should I Choose?

One of the most frequent questions I hear from investors is ‘should I contribute to tax-deferred accounts, like a Traditional -401k, Individual Retirement Account (IRA), or Simplified Employee Pension (SEP) or should I contribute to my Roth -401k or IRA?’ Before we...

Life Isn’t a Marathon, It’s an Ultra

Early this year, I signed up for my first two ultramarathons, a 50k (31miles) and a 50-mile race. An ultramarathon (ultra) is any race over the traditional marathon distance of 26.2 miles. In the process of training, I’ve discovered that these longer races are the...

Don’t Buy the Headlines

During market turmoil, many investors turn to news sources for answers – advice, guidance, or a new idea to capitalize on the turmoil. This can be a dangerous strategy. Enter stage right, Hertz. A few days ago, I was watching CNBC when a breaking news alert came...

Risk Management – Risk in Retrospect

"If social distancing is successful it will be viewed by most people as unnecessary in retrospect. This is the essence of risk management, and why so few successfully manage risk" - Jess Bost In asset management, allocation and diversification are the lifeblood of...