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If It Sounds Too Good To Be True . . .

Watch this video on YouTube A new client recently asked me, “Rick, you’re one of four financial planners we interviewed. Why are you the only one who didn’t tell us we needed an annuity?” Actually, this couple had really interviewed only one financial planner and...

RMD’s suspended for 2009!

In late December Congress passed the Worker, Retiree, and Employer Recovery Act of 2008 (WRERA) which, among other things, repealed the Required Minimum Distribution (RMD) for IRA’s. This only affects the 2009 RMD! If you turned 70 1/2 in 2008, you will still...

“Put Down the Piggy Bank and Back Away Slowly”

Watch this video on YouTube One of my clients was blessed early in 2008 with two new grandchildren. As he had done for his previous three grandkids, he opened 529 college savings accounts for the two newest family members, with initial deposits of $500. At the end of...

New Ideas from a New President, or More of the Same?

Watch this video on YouTube The Chileans are perplexed with us. On a recent visit to Santiago, Chile, I was talking with a colleague who said, “You were the ones that taught us about the free markets, and now here you are abandoning those principles and moving toward...