Tax Planning & Strategies

Investments Affecting Your Taxes?

One of the most common questions I often hear from people is: “How are my investments affecting my taxes?”. Take a look at this weeks video below as we go a little deeper into this frequently asked question. Advisory services offered through J.W Cole Advisors, Inc. (JWCA). Texas Financial Advisory and JWCA are unaffiliated entities.

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Wealth Management Defined

Wealth management = investment consulting + advanced planning + relationship management The easy shorthand for the formula is this: WM = IC + AP + RM Investment consulting addresses the top concern of our clients: preserving their wealth. It is the primary offering of most financial advisors. Advanced planning addresses the four primary financial concerns…

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Tax Season Is Upon Us

Tax season is upon us, and it’s time to figure out if and how changes brought by the Tax Cuts and Jobs Act will affect you. Bear in mind that adjustments have been made in each of these areas:1 Individual tax income brackets and tax rates Standard deduction (doubled) Personal exemptions (eliminated) Child credit (increased)…

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The Importance of Personal Umbrella Policies

The benefits of umbrellas You have insurance policies on your house and vehicles. You might also insure other types of property you own (boats, airplanes, etc.). But do you have enough coverage, considering your personal wealth? If you’re financially successful, the answer may be a resounding no. The reason is that most insurance policies top…

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Retiring Business Owner? Plan For Succession

If you’re a small business owner, you’ve invested a great deal of time and effort into building your company. With day-to-day demands, it may be difficult to imagine your eventual transition into retirement. Yet, if you wantto build personal financial security and ensure business continuation, it is important to plan ahead. Business succession planning can…

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3 Risks That Every Investor Should Know

People always talk about “risk” in investing articles, but rarely explain what they mean by it. What sorts of risks should I be concerned about when investing and planning for retirement and what can I do about them? In the video below I explain 3 risks that investors should be aware of. Ready to discuss?…

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Retirement Investing & Roth Conversions

Retirement planning looks much different than it did a century ago. With lifespans and retirements lasting longer, it’s not just about planning for a financial future; we must also create a post-career strategy that takes into account emotional, intellectual and quality of life challenges during later years. After all, we don’t just stop enjoying life…

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To Roth or Not to Roth?…That is the Question

The wealthiest investors I have worked with have larger Roths or larger post-taxed accounts than they have in qualified, tax deferred accounts.  The “Tax Time Bomb” is something you hear me talk a lot about at my seminars and on the radio.  We are trained to put as much money as we can away as…

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