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Blog

15 Oct
The Top 4 Regrets In Retirement

You’ve probably heard the saying “Hindsight is 20/20.” Well, this is especially true when it comes to retirement. Many people are entering retirement and discovering several things they wish they’d done differently. Luckily, you can avoid problems in your own retirement by learning from the mistakes of the millions of people who have gone before you. Here are the top four regrets in retirement.

Read More “The Top 4 Regrets In Retirement”

26 Sep
What Is Your Long-Term Care Plan?

No one likes to think about the day when they will no longer be able to take care of themselves, but the truth is that 63% of today’s 65-year-olds will require long-term care at some point. (1) When you are healthy and thriving, it’s easy to focus solely on building your savings to provide for your basic retirement expenses and forget about the potential need for long-term care as you age. But no matter what your health looks like today, it’s important to have a plan to pay for long-term care costs. Do you know what your long-term care options are? What strategy is the best fit for you?

Read More “What Is Your Long-Term Care Plan?”

22 Aug
The Top Five Financial Planning Challenges Of New Retirees

As a new retiree, you are reaping the rewards of your decades of hard work and basking in your new season of life. It would be easy to think that all your years of financial planning, saving, reviewing, and strategizing are over, but that’s not the case! At Colleen Weber CPA, LLC, we specialize in serving people who are newly retired. After working with hundreds of people to prepare for and achieve their ideal retirement, we’ve discovered that, while all have unique concerns and needs, many face the same five financial planning challenges.

Read More “The Top Five Financial Planning Challenges Of New Retirees”

27 Jun
Our Mid-Year 2018 Economic Update

We’re halfway through 2018, and after a booming 2017, our economy has seen its fair share of ups and downs, market volatility, trade uncertainty, and record unemployment numbers. However, as most individual Americans see it, things are looking up. Here’s a bird’s-eye view of our economy as we reach the mid-year mark of 2018. Read More “Our Mid-Year 2018 Economic Update”

08 Jun
The 5 Biggest Financial Mistakes I See

Over the course of my 15 years in this industry, I’ve seen my fair share of successes, hurdles, and mistakes. While working with clients, when we talk a lot about what success looks like, it’s just as important to know the potential potholes and how to avoid making the mistakes others have made.

While there’s a long list of mistakes I’ve seen, I believe there are five crucial mistakes I believe are important to avoid making. Read More “The 5 Biggest Financial Mistakes I See”

12 May
Electronic Personhood

Electronic Personhood

Did you hear that the European Parliament has proposed to grant “personhood” status to intelligent machines (aka robots)? If you don’t believe it, here’s the exact language:

“At the least, the most sophisticated autonomous robots could be established as having the status of electronic persons responsible for making good any damage they may cause, and possibly applying electronic personality to cases where robots make autonomous decisions or otherwise interact with third parties independently.” Read More “Electronic Personhood”

10 May
The Trade War that Isn’t—Yet

The Trade War that Isn’t—Yet

When most of us hear talk about something described as a “war,” we intuitively recognize that there could be very unpleasant outcomes on all sides. Wars have one thing in common: there is seldom a clear-cut “winner” amid the damage and destruction.

So when President Trump declares a “trade war” against the world’s second-largest economy, it’s natural that many people—including, apparently, a large number of investors—would feel spooked about what’s to come in our collective future. This explains why every escalation of words, and new lists of things that will be taxed at U.S. and Chinese borders, has provoked sharp downturns in the markets.

But what, exactly, is a “trade war?” Beyond that, what is a “trade deficit” and why are we trying to “cure” America’s trade deficit with China? Read More “The Trade War that Isn’t—Yet”

08 May
Is Your Retirement Plan Ready for a Market Downturn in 2018?

By Colleen Weber, CFP®, CPA

Regardless of whether you are an avid reader of Market Watch or just tune in to the nightly news every now and then, you know that 2017 was a banner year for stocks. In fact, both the Dow Jones and the S&P 500 celebrated the launch of 2018 by reaching record highs1 and until the beginning of February 2018, we were experiencing the second-longest bull market since 1929. Read More “Is Your Retirement Plan Ready for a Market Downturn in 2018?”

05 May
Better Conversation-Starters

Better Conversation-Starters

Sometimes our social interactions seem to happen by default, and we don’t get much out of them. Consider the stock greeting: “How are you?”

What information are you likely to get when you ask this tired question? Tired answers, like: “Busy,” “fine,” “okay,” or “good.”

And what did you learn from that? How did you improve your relationship with the other person as a result of this exchange? Read More “Better Conversation-Starters”

29 Apr
The Long Reach of the IRS

The Long Reach of the IRS

You probably don’t spend a lot of time feeling sorry for a U.S. citizen named Meghan Markle, who is about to tie the proverbial knot with Prince Harry of England. But an article in the Wall Street Journal notes that Ms. Markle, and other American citizens who marry foreigners, face a lifetime of harassment by America’s Internal Revenue Service. Read More “The Long Reach of the IRS”

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