4% Withdrawal Rule: Under Scrutiny

There are certain milestones and benchmarks financial planners use to double check that clients’ are on track and able to live a promising retirement. One of those generally widely accepted rules of thumb is the 4% withdrawal rate, which basically states that retirees...

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What to Make of Inflation

What to Make of Inflation

Consumer prices have gone up across the board. America is reopening, and it seems that many things cost a lot more than they did a year or two ago. With the price increases, you have probably seen the scary headlines about the new inflation concerns.  What should...

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The Tax Control Triangle

The Tax Control Triangle

Most people know they need to save for retirement but may not realize the importance of where to save. Taxes are not the most entertaining topic to talk about, but it could potentially save you thousands of dollars. Ideally, we want to diversify our money into...

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Investing in a Bubble?

Investing in a Bubble?

The past year, we have seen speculative stocks and assets soar. Some may be here to stay and other may be what we consider a “bubble”. A bubble is defined as an economic cycle that is characterized by the rapid escalation of market value. This fast inflation is...

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Market Recovery: 2009 and Current

Market Recovery: 2009 and Current

Market Recovery: 2009 and Current  So far, the current market rebound has looked like what we saw following the market bottom in 2009. Many people were surprised to see such a quick recovery when economic conditions were still shaky. In the chart below, I compared the...

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Bridging the Health Care Gap

Bridging the Health Care GapOne of the largest expenses for early retirees is health care. Deciding what option is best and planning for the extra costs can help you have a successful retirement. There are four main ways to obtain health care coverage before you...

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Concentration Risk

A common theme among wealthy individuals is the realization money earned easily can be lost just as quickly. There is a million ways to get wealthy, but staying wealthy is just as important.  Individuals invested in the stock market have made fortunes in recent years....

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Social Security Guide

What is Social Security?Social Security provides you with a source of income when you retire or can’t work due to a disability. It’s run by the Social Security Administrations (SSA), which is a federal agency. It’s based on collecting taxes from current workers and...

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What to Do With Your Tax Refund

Last year, the IRS reported it was giving out more than $305 billion in tax refunds, with the average refund being almost $2,5001. For 2021, the tax deadline was extended to May 17th and many people will be receiving their refunds soon. There are plenty of ways to...

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Rent or Buy?

Buying or renting a property is often the largest expense for most people and one of the most important financial decisions they’ll make. This is a dilemma I am currently running into in my own personal life, hopefully through my research I can also help you come to a...

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Plan to Rise Above®

Welcome to the Plan to Rise Above® Blog. Continue to check back for new and exciting content in the world of financial planning, wealth management and personal finance.

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