Stephen Nelson, CFP®

Helping Business Owners and Execs create a financial legacy.

[Stephen Nelson, CFP® @SmartMoneySN]

Your 401(k) may have built a future tax bill as big as your nest egg. 🚨

3 signs the IRS is about to win in retirement — and what to do before 73.

#RetirementPlanning #TaxPlanning

[Stephen Nelson, CFP® @SmartMoneySN]

$2.6M saved. Rental income. SS at 67. Still not ready to retire. Here are 3 blind spots most people miss. 👀 #RetirementPlanning #PersonalFinance

[Stephen Nelson, CFP® @SmartMoneySN]

Most business owners max out a 401(k) and stop there. But there's a plan that can shelter far more, all pre-tax. 💡 #TaxPlanning #BusinessOwner

[Stephen Nelson, CFP® @SmartMoneySN]

Not filing taxes and not paying taxes are NOT the same thing. 🚨

One can lead to prison. The other has a penalty rate 9x lower with a legal resolution path.

Know the difference. #TaxPlanning #IRS

[Stephen Nelson, CFP® @SmartMoneySN]

Most people earning $300k+ would run out of money in under 60 days if their income stopped. High income isn't the same as wealth. 💡 #PersonalFinance #WealthBuilding

[Stephen Nelson, CFP® @SmartMoneySN]

Your morning coffee isn't why you're not wealthy. Here are 3 moves that actually shift your net worth. 💰 #personalfinance #wealthbuilding

[Stephen Nelson, CFP® @SmartMoneySN]

Your HSA has 3 tax benefits. Most people only use 2 of them. 💡

The one they skip is often the most powerful. #TaxPlanning #HSA

[Stephen Nelson, CFP® @SmartMoneySN]

Would you leave $100K on the table to get your life back? 💰

Sometimes the smartest financial move is recognizing you already have enough.

#PersonalFinance #WealthManagement

[Stephen Nelson, CFP® @SmartMoneySN]

Wealthy families are moving money. Here's where. 👀

[Stephen Nelson, CFP® @SmartMoneySN]

That polished financial video you just saw? It might be lying to you. 🤖

[Stephen Nelson, CFP® @SmartMoneySN]

Most business owners have 90% of their net worth in one asset and call it a plan.

That's not wealth. That's one bad deal away from starting over. 💼

#ExitPlanning #BusinessOwners

[Stephen Nelson, CFP® @SmartMoneySN]

Nearly 80% of your mortgage payment in year one goes to interest, not equity. 🏠

Sometimes renting and investing the difference is the smarter wealth-building move.

#PersonalFinance #RentVsBuy

[Stephen Nelson, CFP® @SmartMoneySN]

Many with $2M invested wonder if they're optimizing finances. Good, better, best—most people land in 'good' or 'better'. A great financial advisor helps move you to 'best' by refining habits and decisions, not just fixing mistakes. #FinanceTips #Investment

[Stephen Nelson, CFP® @SmartMoneySN]

Financial advisors pushing permanent life insurance first? Run! It's often oversold. Many only focus on selling insurance, not building comprehensive financial plans.

[Stephen Nelson, CFP® @SmartMoneySN]

Most retirement advice is incomplete for business owners and high earners. Your ideal plan depends on your income, age, and decade. Let's explore your unique path to retirement. #RetirementPlanning #FinancialAdvice

[Stephen Nelson, CFP® @SmartMoneySN]

@Bo_Wright @biancoresearch Yes, yes it is.

[Stephen Nelson, CFP® @SmartMoneySN]

@GavinNewsom You're just out here lying just to lie, my friend.

[Stephen Nelson, CFP® @SmartMoneySN]

If you're a business owner making good money and you've never heard of the 3.8% NIIT tax, there's a good chance you're already paying it.

It's an extra tax on:
•dividends
•capital gains
•rental income
•passive income

Most people only find it when they see their tax return.

[Stephen Nelson, CFP® @SmartMoneySN]

Most business owners think they only pay two taxes.
Income tax & Capital gains tax.

But there are actually six.

1. Income tax
2. Capital gains tax
3. Net investment income tax
4. Self-employment tax
5. Estate tax
6. Behavior tax

The last one is often the most expensive

[Stephen Nelson, CFP® @SmartMoneySN]

He spent 20 years building a business that almost covered his retirement.
Almost.

Most owners never calculate the gap. They assume the business will be "enough."

Assumption is not a strategy.