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Welcome to the Summit Wealth Group blog! Our intent is to use this blog as a platform to communicate our thoughts and ideas as it relates to your everyday decisions regarding your unique financial journey.

We talk about a variety of topics such as budgeting tips, how to shop for the right home, how finances can affect your relationships and how to set yourself up for a better, more secure future.  Real life situations.  Real success stories.  What excites us is seeing our clients realizing their dreams, accomplishing their goals and achieving financial contentment – and this blog is intended to help you do just that.

We have several financial advisors that contribute to this blog, sharing their knowledge and expertise, so check back often. We invite you to follow along and ask that you share this blog with anyone who you think might benefit from it.

Monday, July 19, 2021

American author and evangelist Robert Schuller once posed an interesting question to consider: “What would you do if you knew you could not fail?” If you are like me, you might be quick to say “jump off a cliff”...

Friday, July 16, 2021

In today’s blog post we look at some common misconceptions clients have when they first meet with our advisors. We asked three of our advisors to answer the question, what is the most common misconception they see with new...

Wednesday, July 7, 2021

One of the most frequent questions we get has to do with IRAs. There is a lot of confusion regarding IRAs, what their purpose is, what their benefit is and what are the differences between a Roth IRA and a Traditional IRA. The purpose...

Thursday, July 1, 2021

A retirement plan should be carefully constructed with your unique set of goals in mind, but this should be a good starting point if you are not sure where to begin!

Sunday, June 27, 2021

As financial planners, our job is often seen as helping people navigate through the financial aspect of retirement. However, we are the first to admit that a vibrant, meaningful, successful retirement goes far beyond finances. With...

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Thursday, June 24, 2021

A big risk to businesses and individuals alike, social engineering involves exploiting bugs in our “human hardware.” In person, over the phone, or via e-mail, criminals draw on social engineering techniques to evoke...

Friday, June 18, 2021

When it comes to money it can often feel like we have no control. Your income is what it is, your expenses are what they are. However, these 4 items are all within your control and can...

Sunday, June 13, 2021

The process of meeting with a financial advisor for the first time can be intimidating. You are stepping out of your comfort zone into an office with fancy decor, meeting with someone in a nice suit who speaks in terms you may not...

Wednesday, June 9, 2021

We’ve walked many clients through the financial challenges of divorce and have compiled a few tips for women who might be finding themselves in the process...

Sunday, June 6, 2021

To the untrained eye, it might seem that debit or prepaid cards are a smarter way to pay. Since they don’t involve borrowing money, there’s no way to get into debt, right? Before you shred all your credit cards, it is...

Saturday, June 5, 2021

When it comes to your finances, try to consider possible future situations you could find yourself in, and ask yourself if you would rather have a professional or an automated platform to assist you in your decision-making...

Friday, June 4, 2021

Whether climbing a mountain or saving for retirement, we have to journey out into the great unknown. Embarking into the unknown can cause uncertainty, even with a good plan and a worn path ahead. It takes a lot of work to prepare but...

Tuesday, June 1, 2021

I wish every family could have an Aunt Pansy! There is so much that we can learn from someone so full of faith, love and spunk! As I think about her life, I have some very clear thoughts about the way her life has impacted mine with...

Saturday, May 29, 2021

How to protect yourself from a "get rich quick" scheme that is actually a “go broke” scheme in clever disguise...

Thursday, May 27, 2021

I think the link between money and happiness is the same as the link between relationships and happiness. It comes down to how we deal with the “bad” and whether or not we choose to appreciate the “good”.

Monday, May 17, 2021

Ever felt a case of FOMO when it comes to investing? FOMO (the fear of missing out) is a common occurrence in the investment world. It’s hard to avoid it. Here are some examples of times when you might have felt like you blew a...

Monday, May 17, 2021

There are few things that are as overwhelming as insurmountable debt. Being in debt can feel hopeless for some. In fact, according to a 2013 study published in the journal Clinical Psychology Review, those who died by suicide were...

Monday, May 17, 2021

The use of debt is sometimes necessary, and sometimes beneficial. However, in our professional we often see the impact that debt has on the emotional well-being of individuals, particularly the use of certain types of consumer debt...

Monday, May 17, 2021

Teaching your kids about money can start at a very early age. We recommend starting at age 3 or 4 (when they start learning how to count) because it is at this early stage when they can begin to learn some very basic concepts about the...

Sunday, May 16, 2021

At Summit Wealth Group, we are passionate about seeing our clients reach their financial goals. Life often calls for a break from the norm. A reset or refresh if you will. This is why we love to see our clients getting out and...

Friday, May 14, 2021

You can learn a lot about the way a person spends their free time. Whether it is being with family, fishing out on the lake, taking a trip to the beach house, hitting the golf course — the way a person chooses to spend their free...

Friday, May 14, 2021

What is budgeting? Ask a few people and you might get a few different answers. The reason is because cash flows in and out of your account whether you are intentional about the budgeting process or not. Cash flow management, or...

Thursday, May 13, 2021

We get the question a lot from clients of all ages and walks of life of whether they should contribute to a Roth or a Traditional IRA. Everybody’s situation is unique, but there are some things we can consider:Current ageInvestment...

Tuesday, April 27, 2021

Perhaps the most common question we receive from our government employee clients is: “What should I do with my TSP when I retire?” It’s a great question, and one we will address in this blog post! The question...

Sunday, April 11, 2021

Having kids is the most incredible gift I’ve been blessed with. I have two little girls and another child on the way, and the amount of joy they bring to our lives is simply indescribable. One thing they don’t tell you...

Monday, March 22, 2021

We survived the snowmageddon of 2021. I’ve been in CO since 1976 and have seen quite a few spring blizzards. They arrive (used to without a lot of fanfare), dump a bunch of snow, create massive drifts and wreak havoc on travel...

Thursday, March 18, 2021

A question we often receive, and one that is deeply intertwined within our financial planning process is the question of “when should I start collecting Social Security? Social Security is something we pay into throughout our...

Thursday, March 18, 2021

What age can I retire? It's a common question and one that people would love to type into Google and have it kick out a quick answer. Unfortunately the reason we have a hard time finding a straight answer to this question is because...

Tuesday, February 23, 2021

Updated 2-23-2021 Being in the business of retirement planning, one of the topics we often talk about with clients is retirement living. As we continue our content series #RetiringWithPurpose, today we'll talk about the all-important...

Tuesday, January 12, 2021

Owning and operating a business can be complex but starting one doesn’t have to be! If you’ve ever had a business idea the thought of starting the business might be overwhelming to one who has never done it before. In...

Tuesday, January 12, 2021

Valentine’s Day is right around the corner and it’s been a long year. You deserve to spoil each other. Buy that special gift if your budget allows it. For some couples, the most romantic gift they can give each other is the...

Tuesday, January 12, 2021

Starting a budget can be hard. Keeping a budget is even harder. But it doesn’t have to be. Today we want to talk to those of you who have had a hard time keeping a budget over the years. Today we will simplify it for you so it...

Monday, January 11, 2021

The Formation of a Dental Partnership What is a partnership? A partnership is a legal business entity in which each business partner has an equal or proportional ownership of a business. This typically means an equal ownership of the...

Monday, January 11, 2021

Working from home is something that many of us have had to adapt to over this past year, and it’s something the majority of business owners believe is here to stay even after the pandemic. It is interesting to see how the...

Monday, January 11, 2021

Did you recently go through a divorce? As your marital status changes, so does your tax situation. Don’t panic, we are here to help. Keep in mind, in 2020 we saw the tax deadline extended due to the pandemic. We do not anticipate...

Monday, January 11, 2021

Every year we make new resolutions for the New Year and every year we struggle to keep them. Research shows that 75% of resolutions will be continued through the first week of January and only 8% make it the full year. Oof. Popular...

Monday, November 23, 2020

To say this past year has been a strange one would be an understatement. Many would label 2020 as the year they would prefer to forget. However, life’s biggest lessons can come out of challenges, trials and heartache. So...

Friday, November 20, 2020

4 Secrets of Happy Retirees We see a common theme amongst our happiest retirees. If happiness is what you’re seeking in retirement, consider using the happiest amongst us as a template for how to live out your retirement years....

Wednesday, November 18, 2020

6 Ways to Save Money on Life Insurance How can you save money on life insurance? Believe it or not, there are ways you can save. Let’s look at 6. 1) Buy term Term life insurance vs whole life or universal life is a popular debate...

Tuesday, November 17, 2020

The Case for High Wage Earners Using Roth IRAs Roth contributions are a popular choice for retirement planning for a number of reasons. However, some people try to make the case that high wage earners should prioritize traditional IRA...

Tuesday, November 17, 2020

What to do in retirement - Guide to Retirement Planning Part 1 What to do in retirement? Let’s take a look. This is the first part in a series of common retirement planning questions we get. If you are not sure what to do or how...

Wednesday, November 11, 2020

Our guest today is Michael R. Helbert, Esq. Michael is a managing member and a Trusts and Estates and Business Attorney engaging in both transactional and litigation matters at Arrowood Helbert PLLC. If you are in need of an estate...

Wednesday, November 11, 2020

Our guest today is Tom McFarland. Tom is an Office Manager at Allstate in the Scottsdale, AZ area and specializes in property and casualty insurance. If you are in need of home or auto insurance, give Tom a call! We’ve dropped...

Monday, October 19, 2020

Our guest today is Cassandra Leivas Cassandra is a realtor in the Scottsdale, AZ area with Realty ONE Group www.cassandraleivas.com and specializes in Residential Resales. If you are looking to buy or sell property, check her out....

Friday, September 18, 2020

We have many things to take care of and worry about in our day to day lives. What seems to be unlimited tasks in one day or week, makes it difficult to prioritize some important things. Not to mention, in a technology driven society,...

Wednesday, August 26, 2020

Today we are going to look at a key component to building wealth that is often overlooked. I’m going to share this in one sentence, and then I’ll explain some important caveats to what I’m about to say. Check this...

Tuesday, July 7, 2020

Saving money can mean different things to different people. Some of us are inclined to save for a rainy day. Perhaps you have 3-6 months of monthly expenses already set aside, but maybe your retirement savings is lacking. Today...

Tuesday, July 7, 2020

Raising children is one of the most rewarding, most life-fulfilling jobs many of us have been tasked with. And while the experience is invaluable, the actual cost of raising children is something that should be considered when mapping...

Tuesday, July 7, 2020

Coming to the decision to file for divorce is never easy, but at times it is unavoidable. As CPAs and financial professionals, we thought we would shed some light on what the cost might look like so you can begin to plan for a better,...

Tuesday, July 7, 2020

“How much should I save for retirement?” It might be one of the most common questions we get here at Summit -- and rightfully so. It’s a big question. This is why, when you ask 10 financial advisors, you’ll...

Wednesday, June 24, 2020

Over the past few months we have all been stretched and squeezed into a new form of “normal”. For me, balancing working from home, raising children, and setting aside time for myself has been a challenge. Here are 5...

Thursday, June 11, 2020

Updated 6-11-2020 If you’re wondering this, you are not alone. Day trading can be appealing for a lot of reasons. Investors who want to take a hands-on approach to investing may be drawn to the various strategies and research...

Thursday, April 16, 2020

We all could use a vacation. Am I right? The coronavirus has plagued our nation since early March and no one knows when we will get back to "normal". However, let's dream a little bit. Someday (hopefully soon) the economy will open,...

Thursday, April 16, 2020

There’s a lot of wisdom to be had by studying the day to day lives and financial decisions of everyday folks who just seem to be successful in whatever they touch. You know the ones. They work a regular 9-5 job, they aren’t...

Tuesday, April 14, 2020

To say the stock market has been on a wild ride the past couple of months would be an understatement. We can attribute it to the economic impact of the coronavirus, but the dust hasn't settled yet. Until we know more, much of what...

Tuesday, April 14, 2020

Being quarantined has forced a lot of people into doing something they may not otherwise be used to: slowing down. Seeing people around the country using their quarantine time to build forts with their kids, have popcorn and movie...

Tuesday, April 14, 2020

On Friday, March 27, President Trump signed a massive $2 trillion-dollar stimulus package to provide some financial relief for business owners and individuals across the country who may be feeling the financial effects that the...

Tuesday, April 14, 2020

When was the last time you spent an entire day looking at your budget? “A day?” Yes, a day. We are living in such a fast paced society. Time is one of the most precious commodities, and yet no one seems to feel like they...

Friday, February 28, 2020

As we roll into the spring season and the weather starts to get a bit warmer, you might be thinking of doing a little spring cleaning of your home. This usually consists of boxing up clothes you haven’t worn in years for Goodwill...

Friday, January 31, 2020

If you are looking to purchase a new home, you might be torn between selling or renting out your current home. If you’ve never been a landlord before, you need to be sure you know what you’re getting into. The thought of...

Friday, January 31, 2020

If you are in the market for a new home, or a refinance, you will eventually be asked by your lender if you wish to purchase mortgage points, or discount points. In this article, we will take an in-depth look at mortgage points. First,...

Friday, January 31, 2020

An interesting stat was reported by Investopedia recently. It said that 30% of affluent millennials have lied to their financial advisor about their savings and spending habits. The reason? According to the study, 34% said the reason...

Friday, January 31, 2020

Let’s face it, sticking to a budget can be challenging enough by yourself. Forcing yourself to have the self discipline to not only come up with a spending plan, but following it despite the many temptations that come our way is...

Friday, January 31, 2020

It’s 2020 and talks of recession have been in many investors' minds over the last several months. Our economy faces a lot of headwinds. We see political challenges, impeachment talks, trade deals, unrest in the middle east. Then...

Thursday, January 30, 2020

This spring, if you have the space, consider gardening. There are so many benefits to it, and we are about to explain 5 of them. 1) Physical health benefits Studies show that gardening counts as your exercise for the day. In fact, the...

Tuesday, October 29, 2019

What are you thankful for this Thanksgiving season? At Summit, we have a lot to be grateful for this year. As a company we have been blessed to see another year of rapid growth. We've seen our team gelling like never before, despite...

Monday, October 21, 2019

If you or someone you know has recently been through a divorce, this article will be an important read. Today we are going to look at 4 ways to recover financially from a divorce. 1) Control the things you can control The reason we...

Monday, October 21, 2019

It’s the most wonderful time of the year! Families around the world will celebrate by lighting their homes with Christmas lights, decorating a tree, singing carols and roasting chestnuts over an open fire. It is also tradition...

Monday, October 21, 2019

When you meet with a financial professional, chances are, the first question they will ask is: what are your financial goals? As a matter of fact, type in “financial advisor in my area” into Google and visit the top 2 or 3...

Monday, October 21, 2019

Have you recently received an inheritance? This can be a life changing, pivotal time for individuals. Not only can this have a massive impact in your financial lives, it can often come attached with deep feelings and emotions. Here are...

Monday, October 21, 2019

Imagine this. It's a normal day. You wake up, go to work, grab your coffee, sit down at your desk and open your computer. Browsing through the news, you see an article talking about unclaimed money sitting with the state government....

Monday, October 21, 2019

Being self-employed has many benefits. You set your own hours, you answer to yourself, you have the freedom and flexibility to set your daily schedule as you wish. However, along with the benefits comes an equally long list of...

Monday, October 21, 2019

As we approach the holiday season and end of year, now is the time to start thinking about how to close out the year strong financially. There are some tax considerations, as well as some financial planning ideas which you would be...

Monday, August 12, 2019

Have you ever met a rich person that hoards money or a responsible person going further into debt for no reason or someone that never lets others pay the bill at dinner? Money affects us all differently. We all have a certain attitude...

Tuesday, July 2, 2019

In our experience, we find the wealth building journey, is less about head knowledge and more about our relationship to money. My wife’s grandmother was a saver. She grew up on a farm and lived frugally. My mother-in-law once...

Tuesday, July 2, 2019

Building wealth doesn’t happen for most of us overnight. It’s a lifetime of hard work, combined with good decision-making and self-discipline. It starts early, learning and developing a savings-first mindset. Accumulating...

Tuesday, July 2, 2019

This is a great question, and one that was recently asked of Dave Ramsey featured in an article for Fox News. You can see his full response here. To summarize Dave’s response, he essentially says he supports taking a year or two...

Tuesday, July 2, 2019

It can be challenging to receive a straight answer when you ask this question from a financial advisor. And the reason is because it can be a deeply personal question. Retirement looks different for each person and, therefore, what...

Tuesday, July 2, 2019

My wife and I love hiking. Having lived in Arizona for a number of years, and traveling to different countries and states with beautiful landscapes, it has become one of our favorite pastimes. When most people go on vacation, they look...

Tuesday, July 2, 2019

Private mortgage insurance (often referred to as PMI) is one of the necessary evils for individuals trying to buy a home with a down payment under 20%. How it works: First time home buyers often get confused between homeowner’s...

Tuesday, July 2, 2019

As we continue our #RetiringWithPurpose content series for 2019, today we’d like to talk about something almost everyone strives for in retirement: happiness! While it will vary for each individual, there are some common...

Tuesday, July 2, 2019

Today we want to look at the 15 best financial decisions you can make in your 30s. How many of these have you already done? Own a home instead of rent - Real estate is historically a fantastic investment and a built in savings plan...

Tuesday, July 2, 2019

Last month we talked about 3 common misconceptions about retirement. Today we'll pick up where we left off. Now that we’ve addressed 3 things retirement is not, let’s look at 3 important truths about retirement! 1) A New...

Friday, May 24, 2019

So you’re thinking about retiring in Arizona? Given that we have an office located in Scottsdale, we feel obligated to let you in on a couple of secrets all of the locals know. First the city that borders Phoenix is pronounced...

Tuesday, May 14, 2019

Cemeteries are incredible places. When was the last time you visited one? It may sound a bit morbid, but I recently walked through a cemetery for no reason other than I wanted to experience the stunning silence and imagine the stories....

Tuesday, May 14, 2019

Did you know there are approximately 10,000 people retiring every day? The Baby Boomer generation started reaching the retirement age of 65 back in 2011 which means we are now in full swing. With this many people retiring every day, it...

Thursday, April 4, 2019

You’re likely aware of how specific investments in your portfolio relate to your overall financial goals. But did you know that your investments can also reflect your personal values? Environmental, social, and governance (ESG)...

Friday, December 28, 2018

As we approach year-end, the market continues to drop. Plus, the major U.S. stock market indices are now in or approaching bear market territory (i.e., down 20 percent or more). As such, there is a real concern that this drawdown...

Thursday, December 27, 2018

The stock market has been on a wild ride these past several months. Before Christmas we saw the worst week of trading since 2008 and we were on track for the worst December on record since the Great Depression, which understandably had...

Thursday, December 20, 2018

How much thought have you given to the idea of what an "active retirement" will look like for you? Does it look like hours of fun on the golf course? Does it look like a cruise to the Mediterranean? Is it an entire reading of all the...

Wednesday, December 19, 2018

Whether you’ve been told you should retire at 62, 65, or some other age, only you can decide what is right for you. In fact, you may want to reconsider retiring at all––at least in the traditional sense. Many of us...

Wednesday, December 19, 2018

Epic Retirement from Summit Wealth Group on Vimeo.

Wednesday, December 19, 2018

As we look at a timeline of someone’s life, allow us to paint in broad strokes in regards to our observations. Age: 20s and 30s We generally find that in one’s 20s and 30s, individuals are often not thinking much about...

Tuesday, November 20, 2018

In his book “The Prosperous Retirement: Guide to the New Reality”, Michael K. Stein, CFP® was among the first to discuss the non-financial factors that contribute to, or detract from, a successful retirement. Mr. Stein,...

Tuesday, November 13, 2018

During the holiday season many of us find ourselves spending extra time with our families and close friends. Whether you spend your time together laughing about the years past, playing games, or watching a favorite Holiday movie, this...

Monday, October 1, 2018

As we look to implement specific financial planning techniques with our clients, one strategy we often look to is something called a qualified charitable distribution, or QCD. First we will talk a bit about what a QCD is, then...

Monday, October 1, 2018

In a recent study performed by Charles Schwab, millennials were asked when they plan on retiring. The average answer? Age 60. Interestingly, this is 7 years before they would be eligible for full social security benefits. Yet, the...

Monday, October 1, 2018

A financial plan can also be referred to as a financial roadmap. In a recent blog by Nate Archuleta, he draws a parallel between the trips he and his wife take to Telluride, Colorado, to financial planning. He talks about the...

Monday, September 10, 2018

Each year, my wife Nicole and I plan a road trip to the southwestern corner of Colorado to enjoy great blues music and the unparalleled beauty of the San Juan mountains. We begin months in advance, giving each other a wink and a nod to...

Wednesday, August 15, 2018

Can money buy happiness? According to the age-old adage, the answer is no. However, I am about to explain exactly how purchasing happiness is not only possible, but very attainable — and affordable! In 2006, a team of biologists...

Wednesday, August 15, 2018

Over the last several months, many of our clients and prospective clients have asked me the question, “How long are you going to be doing this?” In other words, when are you retiring? I seem to be getting this question more and more. I...

Monday, August 13, 2018

Think back to your first experience with money. Not the time you swallowed 7 pennies, but rather an instance when you began to realize that money means something. I remember my grandparents handing me some change at church for the...

Wednesday, August 8, 2018

There are several studies out there attempting to discover why people divorce. Lack of trust, infidelity, lack of communication or incompatibility are all common reasons. However, surprisingly, in most studies it is the issue of money...

Tuesday, August 7, 2018

When it comes to investing, the current standard of return on investment (ROI) can be self-limiting, adding pressure that is counterproductive. So much of ROI is not within our control. We can diversify investments––always...

Tuesday, July 3, 2018

Seems like a foreign concept, doesn’t it, graduating debt-free? The average debt of the class of 2017 students finishing their undergraduate degree was $39,400, and 88% of students attending a for-profit school graduated with at...

Friday, June 22, 2018

Tell us a little about yourselves so we can get to know you! I spent virtually all my live as government employee. So, I guess it’s fair to say I never had a real job. All kidding aside I spent about 40 years in law enforcement....

Thursday, June 14, 2018

Top 5 Summer Travel Apps for 2018 Planning your summer vacation? There are many apps out there, designed to help you make the most out of your trip. Here are some of the trendiest travel apps for 2018. Hopper Price: Free Purpose:...

Tuesday, June 12, 2018

As we look at the top reasons for divorce, you’ll find almost any study shows that "financial reasons" consistently make the cut. It turns out compatibility in relationships extends beyond personality types. When couples are not...

Tuesday, June 12, 2018

Hey grad, congrats! You made it to the end — or shall we say, the beginning! Assuming you just graduated with a traditional 4-year degree and before that attended K-12th grade, you’ve accumulated about 21,600 hours inside a...

Thursday, May 10, 2018

Homeownership is a big deal. Finding a house to call your home, moving in, fixing it up, decorating it, making it your own, then building years and years of memories in it is one of the more rewarding things we experience in life....

Wednesday, April 4, 2018

Millennials get a bad rap, no doubt about it. The stereotypes are generally negative: lazy, self entitled, no drive, no motivation. Generally people think of Millennials as the generation of “me”. Are these stereotypes...

Friday, March 2, 2018

Growing and protecting your hard-earned assets takes time, energy, and balanced emotions. At Summit Wealth Group, we feel that investing is simply the vehicle used to pursue a desired lifestyle. Retirement is the main goal for most...

Thursday, March 1, 2018

During the week of February 5th, U.S. stock funds saw a record $23.9 billion withdrawn by investors, the worst outflows on record. The Dow Jones dropped 1,175 points that day, the greatest point drop in the history of the stock market....

Wednesday, January 24, 2018

If you are pregnant or are thinking about trying for a baby in the near future, first of all, congrats! What a super exciting time for you and your significant other! You are about to embark on a wild adventure. Speaking from...

Monday, January 22, 2018

1. Take advantage of compound interest. If you set aside $5,000 per year, starting age 25, and it averaged 10% growth per year (the average S&P 500 return since inception) you’ll have $1.05 million by age 55. If you had set aside...

Tuesday, January 2, 2018

Today we’ll address a question we commonly receive from our clients — “should I pay off my mortgage early?” This question comes up with clients in many stages of life, but today we’ll look at it...

Tuesday, November 28, 2017

Special thanks to Sarah Willink, Social Worker / Case Manager for Area Agency on Aging of Western Michigan for contributing to this article There is no doubt, one of life’s more difficult challenges comes in caring for aging...

Monday, November 20, 2017

The trend of online consumerism is fascinating. We do everything online these days. We shop for cars, electronics, clothing, even groceries can be ordered online! In fact, roughly 80% of consumers shop for things online. With...

Tuesday, November 14, 2017

Visiting the barrio of Mexico really puts things in perspective. I had the privilege of going this past weekend with a team of individuals. Our mission: to build a house from the ground up. Start to finish. In one weekend. The kicker?...

Thursday, October 19, 2017

Many financial professionals might call themselves “financial planners” but it is another thing to become a CERTIFIED FINANCIAL PLANNER™ professional. About this time last year, I was spending what seemed like every...

Thursday, September 28, 2017

The question for today’s topic: Is leasing a vehicle worth it? The really short answer is: perhaps! Let’s take a look. How Leasing Works Leasing is essentially a long-term borrowing situation from the dealership. A lease...

Wednesday, September 13, 2017

When brands become verbs informally adopted by the english language, it is a good sign that the company has made it big. Need an answer to something? Google it! Would you like to place a video-call to your friend? Skype them! Looking...

Wednesday, August 23, 2017

In our previous blog post, we revealed the first 5 of 10 common mistakes people make in retirement. In this blog, we pick up where we left off, providing the last 5. If you haven't already done so, you can check out part 1 here! 6....

Wednesday, August 16, 2017

As advisors, retirement planning is one of our greatest passions. "Retirement" may not be the correct terminology, rather, transitioning from full time work to “work-optional”. This is a wonderful time in life to continue...

Thursday, June 29, 2017

“Are you a fiduciary?” This is a question our advisors get a lot these days. Interestingly, 2 years ago we rarely received this question. Now we get it all the time. The shift has to do with a recent ruling by the...

Monday, April 10, 2017

Every year, families around the country gather for Easter Sunday. As you celebrate the holiday with family, friends, eat dinner, decorate easter eggs and enjoy the holiday, we thought we would provide you with some ammunition to keep...

Monday, February 27, 2017

Care to guess the most frequent question I received from my clients after the election? You’re right! “What should we do?” Futures and markets were down overseas and in the U.S. However, it wasn’t long before a...

Wednesday, February 8, 2017

Children are expensive —every Tom, Dick and Harry knows that. Thankfully there are several vehicles set in place that will help you lessen the financial burden of starting a family, should you implement them. When it comes to...

Tuesday, January 24, 2017

A recent article in the Wall Street Journal is unfortunately an example of the poor quality of journalism that has become all too common, even in such prestigious publications as this one. The article published on January 2, 2017,...

Friday, December 16, 2016

I have a 2-year-old daughter at home named Remy. She is our only child, and admittedly rather spoiled at this point. But, so much fun – she truly is the light of our world. Remy is at a very curious stage. For you parents out...

Monday, October 31, 2016

We live in an incredible age, with vast global knowledge available at the click of a button. As we continue to automate our lives through technology, who needs a financial advisor? Historically, the most common reason people have...

Tuesday, October 4, 2016

As another option for compensation, many employers have added company stock plans as an employee benefit to promote loyalty and increase compensation. If you are reviewing your company’s benefits or considering a new position, it...

Tuesday, September 20, 2016

Today I purchased a new vehicle. I hate to admit, because I try very hard not to be a typical materialistic American, but I do enjoy new vehicle shopping. I am not immune to the thrill of that new car feel. However, my "new" vehicle is...

Friday, September 9, 2016

“Half of the American people have never read a newspaper. Half never voted for President. One hopes it is the same half.” —Gore Vidal Most would agree that this election is one of the most interesting yet anxious...

Tuesday, September 6, 2016

For anyone who has a qualified company retirement plan, such as a 401(k) or ESOP (Employee Stock Ownership Plan), there is a little known tax strategy that can potentially save you thousands of dollars in taxes. The strategy is called...

Tuesday, August 23, 2016

What a wonderful season so far for my herbs, peppers and tomatoes. And the carrots, beans, corn, squash and potatoes are coming up for harvest... is what I would be saying had I planned ahead with preparing my garden beds and sowing my...

Tuesday, August 9, 2016

Many advisors and clients are frustrated with portfolio performance from 2012 to date but for very different reasons. Clients are frustrated due to well publicized returns from 2012 through 2014 for the S&P 500 index and perceived...

Tuesday, July 26, 2016

Amazing how questions from a 6 year old can grab your attention. We are spending some of our summer in the woods outside of Durango, Colorado. We purchased this “40-acre-slice-of-heaven” about 5 years ago. Nancy and I...

Tuesday, July 12, 2016

Came from Reagan. Not the Reagan you just pictured. My wife, Kaira, and I recently returned from Uganda. We went on a 10-day Compassion International sponsor tour. We’ve sponsored many children through Compassion International,...

Wednesday, June 8, 2016

We’ve all heard the statistics about Americans and our savings rates. According to some recent data gathered by the Center for American Progress, nearly one-third of Americans have no savings. This is a problem that must be...

Monday, April 25, 2016

I have fond, fond memories of living in New Jersey. Being from Colorado and my wife from Hawaii, we had spent zero time on the east coast. We moved there when I was with AT&T. There's a significant event that occurred in our life in...

Friday, April 8, 2016

An unfortunate effect of our 24 hour financial data cycle, (I refuse to use the word news since most of it is totally irrelevant to our financial lives at present, much less five or ten years from now) is a complete loss of historical...

Wednesday, February 17, 2016

I was reading an article last week about crazy things that people do on their tax returns. The article was a CPA sharing some of the more humorous stories from the past few years. I thought I’d share a few with you as well as my...

Tuesday, January 26, 2016

Wow! The global stock markets have had a shaky start to 2016, to say the least. In a little over two weeks of trading, the U.S. S&P 500 index is down 10% on the year, which brings us into correction territory. On top of that, we’ve...

Wednesday, September 23, 2015

Baby Boomers are growing older and the “greatest generation” from the World War II era are now 80 years of age plus. This should add to financial planning discussions the unpopular topics of failing health and eventually...

Tuesday, September 1, 2015

Every year our advisory team goes through a business planning exercise. We each develop our own goals for the year and then share these with the rest of our team members. The goals are both personal and professional. It is quite an...

Friday, July 17, 2015

As I write this article I am concurrently looking at two financial websites. They will remain unnamed to protect the guilty. Just a splattering of headlines read: “Historic day for Wall Street as Nasdaq rallies past Dot-Com era...

Friday, May 29, 2015

My wife and I recently had a wonderful experience hiking the 10+ miles to Havasupai Falls. Once there we were also able to plunge into the blue-green waters of Mooney Falls and Beaver Falls. This idyllic slice of paradise hours away...

Tuesday, May 12, 2015

Half the year is almost gone. Summer is just around the corner, at least in Colorado we’re optimistic it is. During Mother’s Day week we had crazy weather, 9 inches of hail, lots of rain and even a couple of inches of snow....

Friday, February 27, 2015

Imagine my client’s surprise when she found out the health insurance policy she owns is not “qualified coverage” for purposes of the new healthcare rules, and that she would be paying approximately $1,100 in...

Tuesday, February 3, 2015

Last October, my wife and I took our youngest daughter, Kulia, age 9, and middle child, Mason, age 20, to Disney World. Check that off the to-do list. We had a great time building memories as a family. Over the last several years I've...

Tuesday, January 20, 2015

Many of us are aware of what took place recently when Sony Corporation’s entire computer network was breached by a group of hackers that work under the disguise name “Guardians of Peace”. We know that sensitive...

Tuesday, January 13, 2015

I recently had a lifelong friend pass away at the age of 30. He had a week-long battle in the hospital before finally going peacefully in the presence of the most important people in his life. His situation involved serious medical...

Monday, December 8, 2014

My mom lives back in the Midwest, and it’s not nearly often enough that I make the trip from Colorado to Missouri to visit. So last month when she said she needed some work done around her house, I immediately got online, booked...