Resources by Topic

Retirement Planning

Blog

How to Gracefully Say “No” to Private Investment Opportunities

It seems like a couple of times per month; I’m asked by one of my lawyer clients to review a “PPM” (private placement memorandum) for a new “co-investment” opportunity.  It’s extremely common for law firm partners to get asked to invest alongside their clients, especially if their practice involves any type of private equity or […]

Read More

View All Blog Posts
Blog

You Are Ready to Sell Your Business but Is Your Business Ready to Sell?

For most business owners, their business is their biggest asset. It is what they pour the most amount of time, energy, and resources into. Every owner will transition out of their business at some point, but many businesses are not ready to be sold. The retirement plans of most business owners are heavily reliant upon […]

Read More

View All Blog Posts
Blog

Working Wealthy – Where Does the Money Go?

Have you ever asked yourself, “where does all the money go”? I’m fairly certain you probably have at least once or twice during your lifetime. Most people leave the question dangling and then pour a glass of wine or unwrap a chocolate. However, you cope with the idea of understanding your spending, you should be […]

Read More

View All Blog Posts
Blog pegboard featuring the best way to predict the future is to create it

Retiring Well: A 3-Step Guide

We’re running in many directions because of our busy lives. Pause a moment and ask yourself, how often do I find time to dream about and plan my retirement? Your answer is probably not that often – and you’re not alone. And, yet, many of us are anxious as retirement nears or as we experience […]

Read More

View All Blog Posts
Blog budgeting and planning

Working Wealthy – Budget vs. Goals

Does the term “budget” make your skin crawl? Or perhaps even worse—does it make you shut down? Having been a financial planner for a good part of my adult life, I’ve never really thought of the word “budget” as being a bad word. But in the context of comprehensive financial planning, it can actually derail […]

Read More

View All Blog Posts
Blog evaluating worth of business

3 Reasons You Need a Business Valuation

A full business valuation – many business owners hear those words and cringe.  Hours of data and document gathering, coupled with a hefty price tag, only for someone to provide an estimate of their business’ value that they already have a good handle on.  Why would anyone do that?  What are the benefits?  There are […]

Read More

View All Blog Posts
Blog

New Year’s Financial Resolutions for Lawyers

It’s hard to believe that we’re at the beginning of another new year. Since ‘tis the season for making resolutions, I thought I would provide some ideas for helpful New Year’s financial resolutions for attorneys. Putting these tips into practice should help you get 2022 off to a strong start from a financial perspective. 1. […]

Read More

View All Blog Posts
Blog retirement planning worksheet

Death of the 4% Sustainable Withdrawal Rate?

Recently, the well-known 4% withdrawal rate rule of thumb has come under fire. For those not familiar, the 4% withdrawal rate comes from research by William Bengen, which demonstrated that, based on a historical analysis of stock and bond returns, retirees could withdraw up to 4% of their portfolio’s value each year over a 30-year […]

Read More

View All Blog Posts
Blog on off switch labeled risk

Working Wealthy – Risk On, Risk Off

The market has been very good to investors the past few years. Aside from a harrowing but brief downturn in March and April of 2020, investors have been rewarded handsomely for investing in stocks. Is now the time to get greedy? We talk to clients all the time about risk—how much do you need; how […]

Read More

View All Blog Posts
Blog

A Social Security Guide – For Your Friend Who Is Divorced

If you have a friend who was divorced after being married at least ten years, they may be able to claim social security benefits on their ex-spouse’s work record. Here’s how it works: There are no decisions to make during the divorce. The benefits are determined by the Social Security Administration when your friend reaches […]

Read More

View All Blog Posts
Blog business man contemplating exit planning

Is Your Business Worth What You Think It Is?

We have all been there – you see a nice sports car, fire engine red, and think to yourself, “Wow, what a beautiful car!”  What makes it a nice car? Just the way it looks, or does knowing there is a ton of horsepower under the hood also make it desirable? But what if you […]

Read More

View All Blog Posts
Blog

Tax Increases and Stock Options. What Does This Mean for You?

With possible tax increases coming soon, what does that mean for your stock options? A new bill could be passed at the 11th hour, and with year-end approaching, now is the time to analyze how this may impact you. Stock Options – A Brief Overview Stock options give employees the right to buy company stock […]

Read More

View All Blog Posts