June 13th, 2019

Gifts- Taxable or Not?

In Clark Kendall’s book, Middle-Class Millionaire: Surprisingly Simple Strategies to Grow and Enjoy Your Wealth, chapter 18 explains “Planned Giving” and walks through best practices of gifting. Below is a story about Rich and Barbara and real-life examples of how to gift efficiently. Rich is a retired film stuntman who, after a long career, is … Continue reading “Gifts- Taxable or Not?”

June 11th, 2019

Retirement and Supporting Your Adult Children

Subsidizing family can put a crimp in your strategy. Families are one of the great joys in life, and part of the love you show to your family is making sure that their basic needs are met. While that’s only to be expected from birth through the high school years, many households are helping their … Continue reading “Retirement and Supporting Your Adult Children”

May 29th, 2019

Keep Calm, Stay Invested

Recent headlines have added volatility to the markets. There will always be new headlines, and any of them could mean turbulence for Wall Street. As an investor and retirement saver, how much will this turmoil matter to you in the long run? Not as much as you may expect. There are many good reasons to … Continue reading “Keep Calm, Stay Invested”

May 7th, 2019

Start from Where You Are to Become a Middle-Class Millionaire

Often, when I talk to someone about how they can become a Middle-Class Millionaire, they say they just don’t know where to start. They peer off into the future and they can’t comprehend how they’ll reach the goal of being a Middle-Class Millionaire from where they are today financially. I tell them that everyone starts … Continue reading “Start from Where You Are to Become a Middle-Class Millionaire”

April 29th, 2019

It Comes from the Heart: The Saver’s Mindset

A Middle-Class Millionaire starts the journey to financial security with a heartfelt for others. A Middle-Class Millionaire starts out with the heart to care about his or her family’s future, his children’s education, his spouse’s life if he should become disabled or die early and his or her joyful retirement unencumbered by money worries. When … Continue reading “It Comes from the Heart: The Saver’s Mindset”