View Post

Retirement Plan Buyer’s Guide

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

Car buyers use them and so do people shopping for appliances. The buyer’s guide can be an extremely valuable resource for the person who wishes to compare and contrast the options available to them. But what about retirement plans? Is it possible to test-drive various options for converting one’s nest egg into an income for life? While I’m not aware …

View Post

Is Estate Planning Only For Rich People?

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

I recently had the pleasure of teaching two classes called ‘Your Retirement And Taxes.’ In the classes, we sought to deepen our understanding of how our tax system works as it pertains to investments and income sources, as well as consider some strategies available to a retiree to pay only their fair share of taxes during retirement. While the subject …

View Post

The Roth IRA Is Taking Your Medicine

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

Taxes, taxes, taxes. When we celebrate Independence Day each year, it’s easy to focus on the fireworks and forget that much of our dispute was over taxes. After all, wasn’t that part of the deal when we declared to the British that we wanted to see other people? That ‘taxation without representation’ thing, right? Well, in the hundreds of years …

View Post

Foodies, Homebodies, and Globetrotters: Which Retiree Are You?

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

Always on the lookout for new retirement insights, I stumbled upon a 2015 J.P. Morgan study (Spending In Retirement – Roy, Carson) that provided yet another way to view spending patterns of retirees. In the past, I’ve written about something called the ‘retirement smile’ that highlights the natural changes in spending patterns during successive phases of a typical retirement, during the …

View Post

Tick, Tock: How Time Touches So Many Aspects Of Retirement Planning

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

If there’s one asset class that’s become much more valuable than all of the others, it’s time. It’s finite, making it scarce. It’s fluid, making it difficult to firmly grasp. It’s misunderstood, allowing it to escape the reaches of our attempts at mastery of it. In fact, time is the very asset we’ll willingly trade all of the rest of …

View Post

Thank you for supporting the 2018 Fall Festival Make-A-Wish® campaign!

In Articles, Articles: Kansas City Office, Winter 2019 by Scott Dougan

Your support will help Make-A-Wish create life-changing wishes for children battling critical illnesses. We are thrilled to announce this year’s campaign raised over $10,000.00 for local wishes! Without your efforts, we would not be able to make wishes like Connor’s wish to go on a Disney Cruise come true! At one year old, Connor was diagnosed with a rare form …

View Post

Back to the Basics Social Security Planning 101

In Articles, Articles: Kansas City Office, Back to the Basics, Tax Planning, Winter 2019 by Scott Dougan

Just a Few Drops Into the Ocean One of the core building blocks of a retirement income plan is Social Security. Earned over decades of working and paying taxes into the system, Social Security recipients have turned the corner and are now extracting income from this unique asset. But what’s so surprising is how nonchalant many retirees are about this …