Financial Planning

Going To The Dentist

Honestly, this is embarrassing, and it’s hard for me to share. But, it does an amazing job of explaining how most people feel about their finances so I have too. As of June of this year, it had been ~5 years since I stepped foot in a dental office. Before that, I was inconsistent at…

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Greatest Pet Peeve About Your Spouse?

My wife and I were on a weekend couples trip last year for a running event I was participating in. We didn’t know the other couples very well so we began to get to know one another. Someone asked the question…”what is ONE pet peeve about your spouse?” Lovingly, my wife chimed right in and…

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The advisor who is talking is not a great advisor

Listening is one of the most important aspects of our job. We can not help our clients accomplish their goals if we don’t listen well enough to hear them. Furthermore, each client is different so we must listen with fresh ears rather than with a preconceived idea of what their priorities are or should be.…

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The Tax Deduction Trap – “Guest” Blog

I have a good friend who has started a financial planning company. He has a passion for helping his clients establish good habits and keeping them on course throughout their financial journey. So, we thought we would share a recent blog post of his. Enjoy the following by Michael Spencer with Wise Pace! The Tax…

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Debt…Right or Wrong?

It’s neither! It’s not an issue of right or wrong; it’s a matter of risk. What is debt? Debt is borrowing money to buy something and paying it back over time with interest. This includes your home, car, vacations, appliances, education, or anything else. What do debt and risk have to do with each other?…

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IRA Required Minimum Distributions

Each year, we get questions about Required Minimum Distributions. We’ll call them RMDs from here on out. What are they? When do I have to start taking them? How much do I need to take? Can I keep contributing to my retirement accounts if I’m still working? Let’s address these questions. What is a Required…

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Verisail’s Secret Revealed. Step 6 – Tax Planning

Over the last few weeks, we have been revealing our financial planning process at a high level. We started with goal setting and have progressed through various topics such as budgeting, retirement, insurance, and estate planning.  Last week we talked about estate planning and the importance of ensuring that your assets pass to your heirs like you would have…

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Verisail’s Secret Revealed. Step 3- Retirement

“If you fail to plan, you are planning to fail.”     –Benjamin Franklin Last week, we talked about Cash Flow and the importance of spending less than you earn. Often, we find ourselves living paycheck to paycheck because we have never practiced the skill of delayed gratification.  Retirement is very similar. Planning for retirement often…

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