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Can There Be a Retirement Planning Formula?

In Articles, Articles: Kansas City Office, Articles: Salt Lake City Office, Investment Management, Tax Planning by Scott Dougan

For years, I’ve been on a quest to determine the optimum set of inputs to design the ideal retirement plan. And while the topic of formulas may not appeal to you, I hope you’re somewhat comforted that it does hold some appeal for me, a retirement planning guy. I’ve thought much about the ideal blend of guaranteed income sources, risk-based …

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Is Your Home An Asset?

In Articles, Articles: Kansas City Office, Articles: Salt Lake City Office, Tax Planning by Scott Dougan

Often in discussions of retirement planning, the home comes up as a planning item. After all, a home can represent one of the single largest items of value a person owns. But since we live in our homes, must maintain them, and constantly reinvest in them, the question for us non-Silicon Valley homeowners sometimes arises, “Is my home really an …

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Sobering Statistics For Women, Maybe More So For Men

In Articles, Articles: Kansas City Office, Articles: Salt Lake City Office, Tax Planning by Scott Dougan

When I read this, it almost knocked me over. 80% of men die married, 80% of women die single 80% of centenarians are women As the subject of this article suggests, you can decide who gets the short end of this stick. Women, I’m sorry you’re likely to outlive your husband. Men, I’m sorry your life was cut shorter than …

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Save the Date: Registration Required

In Articles, Articles: Kansas City Office, Fall 2020, Tax Planning by Scott Dougan

Tuesday, November 10th 12:00 noon – 1:00 pm Year End Tax Planning Webinar You Will Learn… • Tax proposals for 2021 and how the S.E.C.U.R.E Act will dramatically affect the way your retirements accounts will be taxed at your death • Year-end tax planning opportunities to take advantage of by 12/31/2020 • How to create tax-free income in retirement • …

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Report: Proactive Year-End Tax Planning for 2020 and Beyond

In Special Reports, Special Reports: Kansas City Office, Tax Planning by Scott Dougan

A thorough review of your financial situation should always include tax planning. Paying only your fair share of taxes – and no more – is one of our goals as advisors to the families we serve. Here we seek to highlight tax reduction opportunities and strategies for you to consider in your planning. This special report summarizes some of the …

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Back to the Basics: Two Ways To Estimate Retirement Expenses; One Fast, One Slow

In Articles, Articles: Kansas City Office, Articles: Salt Lake City Office, Back to the Basics, SLC Summer 2020, Summer 2020, Tax Planning by Scott Dougan

Retirement Planning done well should feel like a state of flow. Money flows in, money flows out; the rate of this flow is determined by your chosen lifestyle. Ideally, your lifestyle conforms naturally to your desires and needs, as they shift with your health and interests. Thus your accumulated assets should provide you with enough income (flow in) to match …

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Briefcase Study: What Is Your First Memory Of Money?

In Articles, Articles: Salt Lake City Office, Briefcase Studies, SLC Spring 2020, Tax Planning by Scott Dougan

What Is Your First Memory Of Money? A few years ago, I was talking with a man who was contemplating retirement. He and his wife had worked very hard for a long time and had accumulated considerable assets and carried no debt. As we ran and re-ran the numbers, tweaking and questioning all assumptions and variables, he continued to struggle …

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Briefcase Study: What Is Your First Memory Of Money?

In Articles, Articles: Kansas City Office, Briefcase Studies, Spring 2020, Tax Planning by Scott Dougan

What Is Your First Memory Of Money? A few years ago, I was talking with a man who was contemplating retirement. He and his wife had worked very hard for a long time and had accumulated considerable assets and carried no debt. As we ran and re-ran the numbers, tweaking and questioning all assumptions and variables, he continued to struggle …