Retirement

October 17, 2019

Cash Flow Is King

Let’s say the USA could convince each billionaire in the world to give every penny of their wealth to the US Treasury. How long do you think we could run the US Government based on the Fiscal Year 2020 Budget? I had to do the math. According to Forbes’ 33rd Annual World’s Billionaires Issue, there are 2,153 billionaires in the world. In total, they have a combined worth of $8.7 trillion dollars(1). The US Federal Budget for 2020 is $4.74 trillion. (2) $8.7 trillion divided by $4.74 trillion translates that we could only run the United States for 22 months! […]
October 10, 2019

Considering Cannabis

We’ve been watching the cannabis marketplace for quite some time. We’ve been reading articles, studying newsletters, and looking for investment opportunities. Many of you have asked why we aren’t in the space already. To be frank, we thought the evaluations were too sky high over the last year. However, there’s been an aggressive decline in global cannabis stocks during that time, as well*. This drop in stock price may be a great entry point, but the cannabis marketplace is full of a number of risks not faced by most stocks and ETFs we typically invest. Today, the federal government still […]
September 26, 2019

What Is Wealth Management?

Naturally, we created a mathematical formula to define wealth management. Here’s the formula: WM = IC + AP + RM Wealth Management means different things to different people. But to us, wealth management, the way we think of it starts with Investment Consulting (IC). And really, Investment Consulting deals with the number one concern that our successful clients have who want to make smart decisions about their money. Now the challenge for everyone is that 100% of financial advisors say they do this and obviously some do it better than others. In addition, we think there’s another key element called […]
August 12, 2019

What to do in retirement and why it matters

It’s finally time to retire. Now what? Do you spend time on the golf course? Are you looking forward to spending your days with your grandchildren? Do you already have a month-long vacation booked to Europe? Retirement looks different for everyone, depending on age, lifestyle preferences, and personality. Retirement is about freedom and carefree days, right? So why does it matter what you do during retirement?    The truth is that the days during your retirement matter just as much as the days preceding it, especially when it comes to your finances. Here are some tips on what you could […]
July 1, 2019

Providing for your pet: An estate plan for Fido

When you are sitting around your dinner table, having tough conversations about your legacy, your children’s future, and how to plan for what’s ahead, don’t forget about the ball of fur at your feet, waiting for the next crumb to drop! 68% of U.S. households have a pet, and as pet owners ourselves, we understand that a dog, bird, or even a herd of cats, are considered part of the family! No matter how many things Fido chews up, you love him all the same. So what does Fido’s future look like when you’re gone? Include your pet in your […]
July 26, 2016

Make Retirement Great Again

It Is Our Goal At True To Make Retirement Great Again As an advisor in the greatest country in the world, I’m blessed to work with fantastic clients. They have long aspired to a work-optional lifestyle. Some chose to work part-time or volunteer for incredible causes. But most are fully retired traveling the country, hiking, biking, enjoying family and grandkids, attending sporting events, pursuing hobbies, boating, skiing…the list goes on and on. Very Few Investors Inherited Their Wealth Was it pure luck that landed these clients in such a great spot? I can tell you with 100% confidence that all of […]