Category Archives: Financial Planning

The Post-Pandemic Retirement Survival Guide. Part 1.

Consider the post-pandemic retirement survival guide an awakening—a way to look at your retirement plan with a fresh perspective.

Outliers: Four Ways They Can Change Our Lives (Part 2)

The pesky outliers of statistical probabilities are situated at the far reaches of normality. When they breach boundaries, lives change, sometimes forever.

Outliers: Four Ways They Can Change Our Lives (Part 1)

The pesky outliers of statistical probabilities are situated at the far reaches of normality. When they breach boundaries, lives change, sometimes forever.

Covid-19 and Women’s Finances: 4 Money Ideas.

Richard Rosso, CFP shares his recommended ideas for women on finances and dealing with the impacts of Covid-19 from job loss to taking control.

Richard Rosso’s 2021 Recommended Reading List

Richard Rosso, CFP shares his recommended reading list for 2021. A solid library of literary insight can lead to more prosperous financial results.

What Will Your 2021 Be ‘About?’

Will you reassess priorities for 2021?

What are all your experiences, heartaches, memories, and trials worth to you? To others? Are you up to the journey for 2021? What are your plans to forge ahead?

Nine-Steps To STRONG 2021 Fiscal Fitness

January is the time to make your fiscal fitness resolutions for 2021. Most promises we make to ourselves will be a memory by February. Want a fiscal fitness head start and get 2021 going STRONG on the right foot? Here are 9-steps:

Worried About Taxes? Consider These Ideas.

If you’re worried about taxes (and who isn’t?), consider these ideas for 2020 and beyond. The RIA annual tax planning guide has lot of helpful tips.

What Is The Great Medicare Mistake?

We are in the throes of Medicare open enrollment season. What is the Great Medicare Mistake? Let’s explore what it is and how to avoid it.

Retirement Income Planning Truth with Jim Otar. Part 2.

Income is the lifeblood of retirement. In Part 1, wisdom from the early chapters of Jim Otar’s new book about retiree income challenges is explored.

Medicare Q&A with Aetna’s Christopher Ciano.

Income is the lifeblood of retirement. In Part 1, wisdom from the early chapters of Jim Otar’s new book about retiree income challenges is explored.

Retirement Income Planning Truth with Jim Otar. Part 1.

Income is the lifeblood of retirement. In Part 1, wisdom from the early chapters of Jim Otar’s new book about retiree income challenges is explored.

Don’t Ignore These Retirement Mistakes. Part-2.

Financial plans are failing along with the economy. In part-1 we review the retirment mistakes that investors are making and the fules to follow.

Don’t Ignore These Retirement Mistakes. Part-1

Financial plans are failing along with the economy. In part-1 we review the retirment mistakes that investors are making and the fules to follow.

We Are In The Winter of Household Finances.

We are in the winter of household finances. The “Fourth Turning” is upon us, as we explore how to navigate an uncertain future and maintain financial stability.

Financial Friction Burns Wealth.

There are 5 ways financial friction destroys wealth. What you need to know.

#FPC: Should You Do A Roth-Conversion & Other Top Planning Questions

Should you do a ROTH IRA conversion, take money out of your 401k plan, delay an RMD. These are all the questions, and more, we are answering this week in Financial Planning Corner.

Anatomy of The Bear. Lessons from Russell Napier.

Russell Napier’s classic tome “Anatomy of the Bear” is a mandatory study for every financial professional and investor who seeks to understand not only how damaging bear markets can be but also the traits which mark their bottoms. Every bear market from 1921, 1932, 1949 and 1982, all carried several common traits which can help identify when their over.

America: WILL WE FINALLY LEARN A LESSON?

If as households we do crumble financially yet another time, will this ‘outlier’ event finally teach us a valuable lesson? How many Black Swans must we endure to work diligently, effortlessly, to shore up our family’s finances?

#FPC: Tips For A Volatile Market

It seems like the sky is falling, it always does when we get into one of these environments, but fret not we’ve been here before. The question is what will you do different this time around?

Three Ways to Avoid the ‘Lost Highway’ of Financial ‘Advice.’

On the road to personal financial milestones, investors aspire to reach multiple destinations that are important to them – whether it’s saving for a college education or retirement, we all seek to assess the risks. Here’s three to avoid.

#FPC: Dave Ramsey Is Right & Very Wrong About Permanent Life Insurance (Pt. 2)

Why Dave Ramsey is right, but also VERY wrong about the use of Permanent Life insurance in your financial and retirement planning process. You could be leaving a LOT of tax-free income on the table for your retirement.

6 Considerations for Long-Term Care Coverage.

Retirement care analysis is a deep dive into the overall retirement planning process. Unlike income planning, retirement care planning requires us to face our inevitable physical limitations and the toll it can have on personal finances along with the negative ripple effects on wealth and health of loved ones.

#FPC: Dave Ramsey Is Right & Very Wrong About Permanent Life Insurance (Pt. 1)

Why Dave Ramsey is right, but also VERY wrong about the use of Permanent Life insurance in your financial and retirement planning process. You could be leaving a LOT of tax-free income on the table for your retirement.

#FPC: 5-Things You Aren’t Being Told About HSA’s.

With the passage of the SECURE ACT and the death of the STRETCH IRA there has been a lot of noise about HSA’s. You can use an HSA as an investment vehicle and get a triple tax benefit.

Where’s the Adult Merit Badge for Super Savers?

Super Savers are a special breed.They are not concerned about keeping up impressions; they exist outside the mainstream of seductive consumerism. Call it a mindset. Whatever it is, those who fall into this category or save 20% or more of their income on a consistent basis are members of an elite group who strive for early financial independence.

#FPC: What You Have In Common With Kobe Bryant & Chandler Parsons

You may have more in common with Kobe Bryant and Chandler Parsons that you know. No one expects the worst to happen, but not being prepared can be devastating to your families future financially.

#FPC: New Advisors: Stop Doing These Two Things.

The higher stocks ride a glide path of zero volatility, the greater the risks for investors and their financial partners to fall victim to overconfidence. After all, we are human;  when it comes to money and emotions our brains are no smarter than a lizard’s. 

FPC: Do You Have A “Financial Vulnerability” Cushion?

Financial planning corner is a weekly topic on everything related to Financial planning. From maximizing social security, doing the right things for Medicare, and how to pay less in taxes today and in retirement.

Rosso’s 2020 Reading List – Part II

“A reader lives a thousand lives before he dies… The man who never reads lives…