Bonfire Financial - Brian Colvert, CFP®

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[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

You're 62 with $1.5 million saved and want to retire tomorrow. What's the first thing a financial advisor would look at before giving you the green light? Brian shares where he'd start. Would you feel ready? #RetirementPlanning #FinancialPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Could playing it too safe with your investments actually put your retirement at risk? With retirement potentially lasting 20 to 30 years, there's more to consider than market volatility. Are you taking too little risk? #RetirementPlanning #Investing

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

@kipibudget Daily-use stuff tends to win because the cost per use gets tiny the longer you own it. A mattress you sleep on for ten years is kind of the poster child.

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

What's one purchase that genuinely improved your quality of life? Brian shares something he's particularly glad he spent money on and why. What have you bought that was worth every penny? #PersonalFinance #MoneyWellSpent

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Your home might be one of your biggest assets in retirement, but should you actually use that equity? Brian discusses home equity, borrowing options, and the risks retirees should consider. Would you tap into yours? #RetirementPlanning #HomeEquity

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

True or False? Think you know how Social Security works? Brian puts some common assumptions about benefits and retirement rules to the test. How many would you get right? #SocialSecurity #RetirementPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Who actually gets your money when you die? You might have a will or trust in place, but does that guarantee your assets go where you intended? An overlooked detail could make all the difference. #EstatePlanning #FinancialPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Jeff Bezos. Warren Buffett. Elon Musk. All billionaires who have made headlines for surprisingly low tax bills. 💸 Could some of their legal tax strategies help you keep more of your own money? https://t.co/wDbZ0YTVCf #TaxPlanning #RetirementPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Is holding too much cash actually risky? Keeping your money out of the market might feel safe, but could that decision create other problems for your retirement? How much cash is too much? #RetirementPlanning #Investing

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

After 20+ years of helping people retire, one thing still surprises Brian: the emotional side of investing. As portfolios grow, market swings can feel very different. Does watching your portfolio decline bother you more now than it used to? #InvestorPsychology #RetirementPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Can you retire with $1 million? For some, that sounds like plenty. For others, not nearly enough. So what actually determines whether $1 million can support your retirement? Do you think it's enough? #RetirementPlanning #RetirementSavings

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Paying cash for a car means no payments and no interest. Sounds like a smart move, right? But is it always the best financial decision? Brian weighs in. Would you pay cash or finance? #PersonalFinance #FinancialPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Hedge fund or index fund? One sounds more exclusive, but does that make it the better investment? Brian shares which he'd choose and why. What's your pick? #Investing #IndexFunds

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Everyone has a few things they think are worth every penny. Brian shares his personal top 5, and we're curious if you'll agree. What's one thing you never regret spending money on? #PersonalFinance #WorthTheMoney

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Are you saving for retirement in the right accounts? Where you keep your money matters just as much as how much you save. Brian breaks down 3 types of accounts worth considering for greater flexibility in retirement. Do you have all three? #RetirementPlanning #FinancialPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Would moving to a state with no income tax actually save you money? It sounds like an easy way to lower your tax bill, but there's more to consider before packing your bags. Would you relocate to pay less in taxes? #RetirementPlanning #TaxPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Would you rather leave your kids a large inheritance or give them money while you're still alive? Is it better to help them when they're building their lives or leave a lump sum later? What would you choose? #EstatePlanning #GenerationalWealth

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

🚩 Red flag or green flag? We're putting common retirement planning strategies to the test. Some might seem like smart moves, but would a financial advisor agree? How many of Brian's picks would you challenge? #RetirementPlanning #FinancialPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

When was the last time you rebalanced your portfolio? Selling investments to get back to your target allocation sounds simple, but could you be creating an unnecessary tax bill? Where you rebalance matters. #Investing #TaxPlanning

[Bonfire Financial - Brian Colvert, CFP® @Bonfire_Method]

Think you know what your biggest retirement expenses will be? We're ranking the costs most likely to catch retirees off guard, and some might surprise you. Which expense worries you most? #RetirementPlanning #RetirementExpenses