Your company withholds 22 percent on your RSUs.
Your actual bracket is often closer to 32 or 37.
That gap is the surprise bill waiting for you in April.
Set the difference aside the week it vests, not the week taxes are due.
#RSU#EquityComp#TaxPlanning
Your advisor retiring is not an operational detail. It is a retirement planning problem.
Your distribution sequence, Medicare timing, and Roth strategy depend on one consistent relationship. When it fractures, so does the plan.
Ask who runs your plan the day your advisor steps back, and whether they already know your situation.
I wrote this for ThinkAdvisor: https://t.co/siE8IHopL0 - https://t.co/siE8IHopL0 -
Fit Call: https://t.co/L3l4YdZuDG - https://t.co/rGcaulWwGD -
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
The surprise April tax bill usually isn't a surprise.
A big vesting year, no estimated payments, and 22% withholding will do it every time.
You can see it coming in October if you look.
#TaxPlanning#EquityComp#RSU
The SEC wants to cut earnings reports from 4x to 2x a year. I was quoted in ThinkAdvisor on why that changes the quality of data investors can act on, not just the frequency. Six months is a long time to be flying blind on a position. https://t.co/XnvSrXBTJs - https://t.co/XnvSrXBTJs -
Book a Fit Call: https://t.co/L3l4YdZuDG - https://t.co/rGcaulWwGD -
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Claiming Social Security at 62 can lock in a smaller benefit for the rest of your life.
Sometimes that's the right call. Often it isn't.
The mistake is deciding by default instead of by math.
#SocialSecurity#RetirementPlanning#IncomePlanning
Are advisors all-in on the DOL's plan for alts in 401(k)s?
Not even close.
I told Melanie Waddell at ThinkAdvisor: the real challenge isn't access to alternatives. Most Americans don't have a plan for what they already own.
https://t.co/kOTAUljxcD - https://t.co/kOTAUljxcD -
A Fit Call is the right first step if this is part of your planning picture.
https://t.co/L3l4YdZuDG - https://t.co/rGcaulWwGD -
@saqibly thanks for quoting me in your piece about the lottery! You had my company listed as Chesapeake Financial Partners, not Planners. Any chance you could update it? TIA
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
When your paycheck and your portfolio depend on the same company, that's not diversification.
That's one bet, twice.
A vesting schedule isn't a sell plan.
#ConcentrationRisk#EquityComp#Investing
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
IUL sales just hit a record. Appropriate and popular are not the same thing.
I told MarketWatch the question is not which policy. It is whether you need permanent insurance at all.
If you have not maxed your qualified accounts, an IUL is almost never the right first move.
The carrier can lower your cap. You can't.
https://t.co/jt2jgZIqDA - https://t.co/jt2jgZIqDA -
Weighing one? 30 min, no pitch: https://t.co/L3l4YdZuDG - https://t.co/rGcaulWwGD -
The biggest retirement risk isn't a market crash. It's a healthcare crisis nobody planned for.
I told @MarketWatch this week: healthcare is the one that actually derails the most plans I've seen.
A private nursing home runs over $11K/month today. Most couples haven't stress-tested what happens when both of them need care.
A Fit Call is how we start building that scenario:
https://t.co/L3l4YdZuDG - https://t.co/rGcaulWwGD -
https://t.co/cse1NHlw8k - https://t.co/cse1NHlw8k -
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Two retirees, same $3M, very different tax bills.
The difference is usually the order they withdraw, not the investments they pick.
Sequence is a strategy. Most people never set one.
#RetirementIncome#TaxPlanning#Withdrawals