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01 May
Breaking Free: Why You Shouldn’t Rely on Financial Benchmarks for Retirement Planning
Why You Shouldn’t Rely on Financial Benchmarks for Retirement Planning

By Colleen Weber, CFP®, CPA

Forget cookie-cutter approaches—they’re for baking, not retirement planning.

The reality is that there is hardly ever a universal standard that fits everyone’s retirement goals and needs. The financial benchmarks you see online are data-driven and lack the personal touch needed for real-life situations. They don’t account for individual circumstances, feelings, or financial obligations.

To avoid relying on generic benchmarks, I’ve put together some tips to help you plan for retirement based on your unique situation and steer clear of one-size-fits-all retirement models.

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21 Mar
5 Strategies to Incorporate Equity Compensation Into Your Financial Plan
5 Strategies to Incorporate Equity Compensation Into Your Financial Plan

By Colleen Weber, CFP®, CPA

Equity compensation is an excellent employee benefit that fosters loyalty and increases retention rates, all without the initial expenses of raising base salaries or contributing to retirement plans. As a result, it has gained increasing popularity among many employers. However, if you are an employee with equity compensation, you should be mindful of important nuances. In this article, we explore the ins and outs of these plans and demonstrate how you can integrate them into your overall financial planning strategy.

Many of our clients are unsure how to leverage or optimize equity compensation in their portfolios. At Colleen Weber CPA, CFP®, our team is well-versed in equity compensation models and can assist you every step of the way. Here are five tips to help you begin making the most of your equity compensation benefits.

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04 Mar
2025 Tax Sunset: What You Need to Know and How to Prepare
2025 Tax Sunset: What You Need to Know and How to Prepare

By Colleen Weber, CFP®, CPA

In 2025, a number of laws introduced in the 2017 Tax Cuts and Jobs Act (TCJA) are set to expire. This “sunset” could lead to significant tax adjustments that may affect both individuals and businesses.

As a CPA and a CFP®, during pivotal moments like the 2025 Tax Sunset, I strive to support both current and prospective clients by providing comprehensive information to support you in making well-informed and up-to-date financial planning choices.

In this post, I explain what to anticipate from the 2025 Tax Sunset, covering the expiring provisions and potential implications.  

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02 Feb
Can a Financial Advisor Facilitate a Happy Marriage?
Can a Financial Advisor Facilitate a Happy Marriage?

By Colleen Weber, CFP®, CPA

Happy marriages are built on a foundation of love, commitment, and shared dreams. But what about financial harmony? Before saying “I do,” most couples don’t think to discuss their financial goals and spending habits. We all know money is a topic that often leads to heated disagreements and stress in relationships. It’s even a leading cause of marital discord. When marriages are struggling, it’s common for couples to call on a therapist to help resolve their issues. But if one of the main issues is money, could a financial advisor help foster a happier and healthier marriage? 

In this article, I explore the benefits of utilizing the support and guidance of a financial advisor to help promote financial compatibility, open communication, and shared financial goals in marriage. 

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08 Jan
4 Ways to Make the Most of Your Retirement Years
4 Ways to Make the Most of Your Retirement Years

By Colleen Weber, CFP®, CPA

Retirement is often viewed as the pot of gold at the end of the rainbow, so to speak. Maybe that’s why we call them the “golden years.” After working diligently for decades, you want to live out your post-career years stress-free. But have you considered what that will look like? The answer is different for everyone because each person’s or couple’s dreams, goals, and situations are unique. 

If you’re approaching retirement, or have already retired, here are four ways you can fill your time and make the most of this next chapter in life.

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04 Dec
5 Steps to Align Your Values With Your Financial Goals
5 Steps to Align Your Values With Your Financial Goals

By Colleen Weber, CFP®, CPA

Have you ever found yourself obligated to do things you didn’t really want to do? As kids, adults often dictate our choices, and as teenagers, we anticipate that adulthood will bring total freedom. But then reality sets in when we realize that being an adult comes with its own set of responsibilities, like the early-morning work routine or grocery shopping trip when the fridge is bare.

When it comes to your finances, you may be wondering how you can feel more in control of your money. The easiest way is to match your money with your values. Your values are like your compass, guiding you toward what’s most important. When your money mirrors who you are and what you believe, you’ll feel like you’re the master over your money, steering your own ship. But how can you make your money align with your values? Here are five easy steps.

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13 Nov
How a Backdoor Roth IRA Can Help You Grow Tax-Free Wealth
How a Backdoor Roth IRA Can Help You Grow Tax-Free Wealth

By Colleen Weber, CFP®, CPA

Many people believe taxes are a thing of the past once you hit retirement, but that couldn’t be further from the truth for most of us.

In fact, high-income earners often don’t qualify for the tax benefits that accompany common retirement strategies, like investing in a Roth IRA. 

Fortunately, there are a couple of ways to take advantage of Roth IRAs. This particular tactic provides an avenue for long-term savings and investment. 

Let’s explore this option further.

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09 Oct
Should You Participate in Your Employee Stock Purchase Plan
Should You Participate in Your Employee Stock Purchase Plan?

By Colleen Weber, CFP®, CPA

Employers work to attract and retain top talent, and a competitive benefits package is a powerful tool in reaching this goal. Benefits such as health insurance, retirement plans, and even amenities like an on-site gym can be compelling factors that influence people to choose and stay with an employer. One option, called equity compensation, is gaining increasing popularity as a form of compensation, particularly among employees of publicly traded corporations. Let’s discuss the details of an ESPP to help determine if it’s a good fit for you.

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08 Sep
2023 Midyear Market Update

By Colleen Weber, CFP®, CPA

As we find ourselves beyond the midpoint of 2023, now is an ideal moment to assess the various economic factors that impact both our economy and your investments. Following a demanding 2022, the initial six months of this year have shown encouraging progress in numerous sectors. Let’s take a comprehensive perspective on these domains and consider how you can prepare for the latter half of the year and the months ahead.

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07 Aug
The Gift that Grows
A Gift That Grows Tax-Free Forever: Roth IRAs for Kids and Grandkids

By Colleen Weber, CFP®, CPA

For high-net-worth families, transferring wealth to the next generation in a tax-efficient way can present new challenges to your financial plan. The complexities of income tax, capital gains tax, estate tax, and generation-skipping transfer tax can make it feel daunting to leave a meaningful legacy for your loved ones without burdening them with high tax obligations.

The good news is there are strategies available to simplify your estate plan and bestow upon your children and grandchildren a gift that enjoys tax-free growth indefinitely. Keep reading to explore how Roth IRAs can be a key component to help you leave a lasting and tax-efficient legacy for the next generation.

Read More “A Gift That Grows Tax-Free Forever: Roth IRAs for Kids and Grandkids”