I should point out, again, that the titles of these blogs are Financial Myths.  Especially this one.Conversions from your pre-tax retirement accounts such as:Traditional IRASEP IRA401k403bSIMPLE IRATSA. etc.must be calculated every year to be sure you don’t bump yourself up into the next tax bracket . . . except sometimes.  For example, raising your Federal […]

I hope the degree to which this topic is an absolute myth is obvious.  Sometimes I wish the framers of the Constitution had also listed a Bill of Responsibilities. I’ll just leave this article here for you to read and to reach your own conclusions.  What does this have to do with financial planning?  Context […]

Well, all know this isn’t true. But it isn’t your fault.  This last year Gary Duell was the procrastinator.  None of the smartest people in the room (not including yours truly) could agree on what was going to happen and what to do about it.   Now that a major source of craziness will largely […]

As the case I’m going to describe would indicate, it is a solid myth that divine inspiration can feed your greed.   That is so wrong on so many levels, isn’t it?  But some investors apparently didn’t think so. (this blog post is based entirely on the case described in Wealth Management magazine regarding two Utah […]

Just to be clear, this blog is about Financial Myths and the name of this post is indeed a myth.  Or can be.  There are “advisers” who sell insurance products in the absence of a financial plan in order to make a quick buck.  But at prevailing money management fee rates (1.02% as of 9/2020)an […]