Financial planning blog

Timely and free financial planning advice

Healthcare costs and financial planning for retirement.

October 17, 2023

Aging and the Increasing Costs of Healthcare

In our most recent Lunch and Learn, Ryan from Transamerica taught us about the increasing costs of Healthcare in Retirement. One slide in particular took our breath away. Here is an image of that slide: Click the link to jump to Ryan’s presentation on Healthcare Cost Estimates . Today’s 55 year-old is likely to spend...

Senior couple reflecting on life lessons

October 10, 2023

Stanford’s Working for Life

You may live to 100. In fact, a researcher at Stanford predicts that someone alive today may live to 200! Stanford University Center on Longevity suggests that we need to continue WORKING for the rest of our lives! Yes, I said working. People need to feel needed. Stanford’s research summary is full of diagrams and...

Financial growth and investment strategies for wealth management

October 6, 2023

Estate Planning in Colorado: Preserving Wealth for Future Generations

Estate planning is not merely a financial task; it’s a heartfelt endeavor to ensure your hard-earned wealth benefits are passed on to your loved ones for generations to come. In the Centennial State of Colorado, understanding the nuances of estate planning is crucial to navigate the state’s laws and regulations effectively. In this comprehensive guide,...

October 3, 2023

Stanford’s Learning for Life

You may live to 100. In fact, a researcher at Stanford predicts that someone alive today may live to 200! Stanford University Center on Longevity suggests that we need to continue learning for the rest of our lives! People who are more highly educated: Gain access to health-improving resources and surroundings, and those advantages accrue...

two person making tax optimization strategies

September 29, 2023

Navigating Colorado’s Tax Landscape for Business Owners

Colorado’s breathtaking landscapes and vibrant business environment make it an appealing state for entrepreneurs. However, understanding the tax landscape is crucial to ensure that your business thrives, and your wealth is maximized. In this comprehensive guide, we’ll delve into the intricacies of Colorado’s tax system, shedding light on state tax considerations and strategies for business...

Older business owner passing documents to the next generation

September 28, 2023

The Art of Business Exit Planning: Navigating the Road to Success

Exiting a business can be as challenging as building one. Yet, with careful planning and execution, it can be an immensely rewarding endeavor, providing financial security, a sense of accomplishment, and the opportunity to start anew. This blog will serve as your comprehensive guide to mastering the art of business exit planning. We’ll explore the...

Maximize tax deductions for doctors through effective strategies

September 28, 2023

Financial Strategies for Colorado Entrepreneurs in High-Growth Phases

As a Colorado entrepreneur experiencing rapid business growth, managing your personal wealth becomes paramount. Your financial strategies should align with your entrepreneurial journey, enabling you to create, grow, and protect your wealth. In this comprehensive guide, we’ll explore expert advice on managing your finances during high-growth phases, including investments, risk management, and tax planning. 1....

Illustration of life’s financial journey with key milestones

September 26, 2023

You May Live to 100, says Stanford’s Map of Life

Financial planning for a long life. Explaining Stanfords map of life which shows that we may live to age 100.

Network Team Podcast – Financial Insights & Tips

September 26, 2023

Episode 86: Practical Advice on Creating a 5 Generation Family Legacy Part 2

In this episode Nathan Merrill and Jeff Krommendyk interview Monroe “Roey” Diefendorf, who is a member of a 5 generational family legacy business. Roey discusses many of the challenges which multi-generational families (or those desiring to transmit family business and wealth among multiple generations) face. He talks about the challenges his family had to overcome...