For high-income executives, the road to financial independence might feel well-paved thanks to high earnings. However, competing financial demands ranging from a mortgage and lifestyle expenses to daycare costs or college savings can derail even the best-laid plans. Read more…
Tax Benefits (and Pitfalls) of Owning Rental Property
After building an emergency fund and maxing out tax-advantaged retirement accounts like 401(k)s and IRAs, some investors find themselves contemplating the purchase of a rental property to continue building their net worth. Read more…
Evidence-Based Investing vs. Stock Picking
Stock picking and evidence-based investing represent two very different approaches to investing. Which way is best for you? Let’s look at the difference, some details, the risks, and the benefits of both. Read more…
Target Date Funds vs. Risk Tolerance Strategies: Which Investment Approach is Right for Your Company's Retirement Plan?
When working with your advisor to review the investment strategies for your 401(k) plan, many companies default to using Target Date Funds as the main option in their retirement plan. Read more…
6 Smart Ways to Withdraw Retirement Funds and Lower Your Taxes
You’ve worked hard your entire career to save money, invest wisely, and plan for your future. At some point (maybe now) you enter into the next phase, living in retirement. Read more…
How an HSA Can Boost Your Retirement Savings
When it comes to picking a health insurance plan, the options can seem confusing. For years, I avoided my company’s high-deductible health insurance plan with a health savings account (HSA) because it felt scarier than simply paying the monthly premiums and predictable co-pays of a PPO plan. Read more…
Net Unrealized Appreciation (NUA) Transfers of Company Stock from a 401(k): The Tax Benefits and How to Do It Right
As a high-earning top performer in your company, managing your compensation wisely is essential for maximizing your benefits, especially when that comes in the form of stock options or other types of equity compensation. Read more…
Plancorp Corporate Sponsor for 2024 St. Louis Art Fair
As their first corporate sponsor, Plancorp hosted an exclusive event, welcoming over 200 of our clients on the opening night of the St. Louis Art Fair. Despite windy weather, the evening turned out perfect as guests enjoyed great conversations, food, drinks, and art from the Miriam School and Read more…
Investment Strategies for Integrating Large Influxes of Cash into Your Financial Plan
Suddenly receiving a large windfall of cash—whether planned for or unexpected—is typically a great feeling. But that joy can often be partnered with stress about how to best manage the sudden influx so that it best supports your overall financial goals and investment strategy. Read more…
Why Am I Getting Refunds From My 401(k)?
Normally, the word “refund” sparks visions of putting a hefty tax return toward a big-ticket item you’ve had your eye on or getting a little extra cash to pad your day-to-day budget. Read more…
