How Much Retirement Does $1 Million Buy?

1 Million

“If it weren’t for baseball, many kids wouldn’t know what a millionaire looked like.” –Phyllis Diller One of the most commonly asked questions I get as a financial planner is “when can I retire?” followed by “How Much Retirement Does $1 Million Buy?” The answer, of course, is “it depends.” How much you need to … Read more

Six Areas Where I Disagree with Dave Ramsey’s Investing and Retirement Withdrawal Advice

Dave Ramsey

“A good financial planner is going to do more than pick your funds.” –Dave Ramsey Very recently, personal finance guru Dave Ramsey engaged in a heated discussion on Twitter with several financial planners regarding the appropriateness of his investment and retirement withdrawal advice. The questions were (and are) very legitimate ones, namely: Why does Dave … Read more

An Evaluation of an Indexed Universal Life Insurance Plan

Universal Life Insurance Plan

“People are always looking for the single magic bullet that will totally change everything. There is no single magic bullet.” –Temple Grandin After reading this article, if you need more convincing, I perform a second evaluation of an indexed universal life (IUL) policy here. I am almost universally against life insurance that isn’t term-based life … Read more

How Much Should a Financial Planner Cost?

Financial Planner

“Not everything that counts can be counted; and not everything that can be counted counts.” –Albert Einstein “Spending can be investing – if you spend on the right things and really use them.” —Ramit Sethi How are financial planners like vacation timeshare salespeople? Read on and you’ll find out plus you’ll learn how to actually … Read more

4 Reasons to Avoid 401k Loans

401k Loans

Slight was the thing I bought, Small was the debt I thought, Poor was the loan at best– God! but the interest! –Paul Dunbar Are you sitting in a kitchen that was built back in the flyaway collar heydays of about 1973? Dying to upgrade the appliances, strip the wallpaper, get rid of the cabinets, … Read more

Are You Eligible for USAA Membership?

USAA Membership

“People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.” –George Orwell This is a three part series on USAA. You can read part 2 (the good about USAA) and part 3 (the not so good about USAA) below. Click here to learn how to … Read more

6 Reasons I Sold My Car at CarMax


If you own a home with wheels on it and several cars without, you just might be a redneck. –Jeff Foxworthy There are people who view their cars as an expression or extension of themselves. Then, there are people who view cars as a means to get from point A to point B. I used … Read more