Clarity in Planning
Driving into work today the classic 1972 Johnny Nash song “I Can See Clearly Now” came strolling into my mind. It made me first break out in song and then contemplate the blessing of sight and finally consider how this year is going to be the Year of Vision at Bare Wealth Advisors. You will […]
Medicare Insurance
by Jim Wahlberg It’s that time again…mailboxes will be filling up, advertisements will be falling out of the newspaper, and every other commercial will announce it. What is it?!? It’s Medicare enrollment season! Ready or not, October 15th begins a new Annual Enrollment Period (AEP). I get a lot of questions this time of year […]
Retirement With A Purpose
by Ron Bare Bare Wealth Advisors is making 2018 a year focused on purpose. One topic that should be discussed in this context is the subject of retirement. Many studies have shown that people who retire from work without a plan or purpose for the next phase of life are more likely to be discouraged, […]
Five Reasons to Have Money in a Savings Account
One financial recommendation clients sometimes think is boring and unnecessary is to have money in a savings account. We normally recommend that a working family have between three to six months of their living expenses in a savings account. For a retired family, we recommend having up to one year of living expenses in a […]
Medicare Insurance
Medicare insurance is a topic where a fence analogy works well. You may be on the side of the fence saying “I’m too young to be thinking about Medicare”. If that’s the case and you don’t read further, feel free to forward this to someone who may benefit. You could also be on this same […]
Preparing for Misfortune
by Ryan Kurtz Right in middle of the Bible, there is a book called Ecclesiastes written by one of the wisest and wealthiest men that ever lived. His name is Solomon. In Ecclesiastes 11:2 Solomon gives us a very useful verse that is sometimes overlooked. It says; Divide your portion to seven, or even to […]
Qualified Charitable Distributions
Qualified Charitable Distributions In the past, we have helped several of our clients make distributions from their Traditional IRA accounts to charities. The past several years, Congress waited and would then temporarily (and sometimes retroactively) pass laws that allowed these Qualified Charitable Distributions, which satisfies an account owner’s Required Minimum Distribution (RMD) in a given […]
How Much Is Enough?
by Ryan Kurtz This is a question that is asked over and over to financial advisors by their clients. “How much money is enough”? Most of us want to know what we need to do to plan to “have enough” for our lifetimes, but how much money is enough? Amounts are very important to us; […]