by Leif Jensen | Jun 5, 2023 | Money Management |
I have clients asking me regularly if they should start taking their Social Security at 62, 66 or 70. So, I look into my crystal ball (yes, I have one just for this) and then ask them how long they are going to live. The longevity issue is the crux of the issue. To...
by Leif Jensen | Mar 21, 2023 | Money Management |
How much did you pay in credit card interest, last year? Was it in the hundreds or thousands? I have recommended to clients “zero interest” credit cards for faster debt repayment. These cards typically do not have balance transfer fees. These cards typically have...
by Leif Jensen | Mar 13, 2023 | Money Management |
I had a client who was desperate to sell his business, to the point that he settled on self-funding the purchase. It is recommended that you exercise a certain caution and be truly careful with whom you self-fund for the sale of your business. I was not made aware of...
by Leif Jensen | Jan 25, 2023 | Money Management, Taxes |
In determining whether converting a traditional IRA to a Roth IRA benefits a particular taxpayer’s situation, many additional factors must be weighed. These include the following. The taxpayer’s present income tax rate versus the rate expected during retirement — If...
by Leif Jensen | Oct 18, 2022 | Money Management |
Most people who took the EIDL advances where under the impression that there was no interest accruing in the first year, nor the extension. There were just no payments due. Interest was accruing and now the original payments that were sent are not enough to cover the...
by Leif Jensen | Oct 11, 2022 | Investing, Money Management |
There are now many homeowners who want to move out of the starter house into a larger one, or smaller if they wish to contract since you are now an empty nester. But they are locked in the “golden handcuffs” of low mortgage rates and find it too daunting to sell...
