Four Reasons to Ignore Dow 20,000

At the end of last year, it seemed almost every day the Dow set a new all-time record.  The Dow is likely to reach the 20,000 threshold in the weeks to come (if it hasn’t happened already).  But is this important and what does it portend for your financial future? The Dow, short for the […]

A (Semi) Official Way to Borrow and Loan Money with Family

If you managed to avoid politics around the holiday table, conversation may have touched upon another family third rail: the financial health of you and your loved ones.   In most families, there are those who are in a stronger financial position than others. Giving an outright gift (or receiving it) from family members is easy […]

The Power of Goals

If you don’t know where you’re going, any road can take you there. -The Cheshire Cat to Alice in Through the Looking Glass by Lewis Carroll New Year is the ideal time to recharge, refresh, and, perhaps, restart. Out with the old and in with the new as we make resolutions and set goals. Each […]

Biggest Tax Reform in Years Expected in 2017

All signs are that we will see a federal tax cut enacted next year, with significant reform included in that package.   Congressional leaders have indicated that they will use the reconciliation process, which means that simple House and Senate majorities would be enough to put a tax bill on the President’s desk. I’ll stay on […]

Where Your Next Dollar Should Go

Personal financial planning is all about setting priorities and then putting your resources to work to achieve them, while covering the big risks that could derail your financial future.  The thought is you want to give every dollar that comes into your bank account a job. Whether you’re a mid-career serial entrepreneur or in your […]

Instilling Great Money Habits By Making a Game of It

The best way to raise money-smart children is to use the teachable moments of everyday life to develop good spending habits.  The holiday season is upon us and with it are annual food drives for area food banks. Contributing to a food drive presents a golden opportunity to do good, build money skills and have […]

Three Little Known Ways to Save On Taxes

Little has been predictable in the national political arena over the last three weeks.  Few pundits predicted Trump would win, and even fewer presaged that the domestic stock markets would rally to all time highs.  Interest rates have moved upwards sharply as the market starts building in expectations for increased growth and a phenomenon gone […]

Does Your Medicare Policy Need a Check Up?

Rising health care costs are often cited as people’s number one retirement concern.  So why is it that only 10-15% of retirees re-evaluate and change their Medicare coverage during the annual open enrollment period each year?  According to a series of focus groups conducted by the Kaiser Family Foundation, many retirees don’t review their coverage […]

With Trump Elected, Have Your Finances Changed?

Most Boulder County residents, who voted for Clinton by more than a 3 to 1 margin, faced an unpleasant shock in last week’s presidential election.  Moreover, the outcome was unexpected as almost all polls showed Trump firmly in second place on the eve of the election. As the results of the election became clear, world […]

A Simpler Alternative for Adults with Special Needs

For those who raise a child with special needs, there is concern about both today and tomorrow.  Today’s concerns can be securing and affording the right education, caring for the child, and giving them access to the therapies they need to improve their quality of life.  The concerns shift to tomorrow when you wonder whether […]

Social Security: Not Just for Retirees

If you’re under 50, you’re probably not counting on Social Security.  This lack of confidence is striking when you consider you’ve been paying into it for your entire working life with up to 6.2 percent of your pay withheld and your employer matching that contribution.  In a Gallup poll of nonretirees in April, 71 percent […]

Will the Election Tank the Market?

With the first presidential debate behind us, there is one conclusion that most voters share.   More than any election in memory, voters believe if the “other candidate” is elected it will be an absolute disaster.  The thinking is that the damage will not be confined to walls on the border or Supreme Court nominees.   Investors […]