Hurricane Alert

Paul DursoInvesting, Planning, Retirement, Risk ManagementLeave a Comment

If you followed the news about Hurricanes Iselle and Julio approaching the islands of Hawaii this past week, you were likely glad not to have been there.  The residents and tourists of the islands were flocking to Costco in chaos along with every possible grocery store for food and water.  Additionally, roads closed early, schools and churches and government buildings … Read More

New RMD Age Possible?

Paul DursoPlanning, Retirement, Tax PlanningLeave a Comment

This may not make much sense now, but following some new regulation, the framework of how we may be able to so some tax planning for Required Minimum Distributions for their IRA accounts has how changed. This new tax strategy is strictly for those who DO NOT need income and have hit the Required Minimum Distribution age of 70 1/2. … Read More

Financial Tip Tuesday: What is Inflation?

Paul DursoAsset Management, Investing, Planning, Retirement, Risk Management, SavingLeave a Comment

Inflation is defined as the increase in the price of products over time. Inflation rates have historically fluctuated over the years. Sometimes inflation runs high, and other times it is hardly noticeable. The short-term changes aren’t the real issue. The real issue is the effects of long-term inflation. Over the long term, inflation erodes the purchasing power of your income … Read More

Success to Significance

Paul DursoPlanning, Risk ManagementLeave a Comment

I recently read an article of a well-known Detroit weatherman stepping down after 20+ years to become a pastor. That in it self is a lot to write about, but that’s not what I would like to draw your attention to. The biggest reason he is changing his course in life is because he wants to find significance, not just … Read More