Will Your Wealth Last Multiple Generations?

Sunwook Jin, CFP®, CRPC®, CMFC®, EA Lottery winners who go broke, you've heard the stories. You read about it, and it's hard to fathom how that could happen. We can dive into that topic in a different post but successfully transferring wealth across generations (or trouble doing it) is an equally challenging concept to grasp. … Continue reading Will Your Wealth Last Multiple Generations?

Updated Medicare Numbers and How it Affects Your Retirement

Sunwook Jin, CFP®, CRPC®, CMFC®, EA When we get repeat questions from different clients, we realize it is a hot topic for people. One topic that has been brought up a lot recently is Medicare.   Before we get into how it affects you, let's look at what has recently happened to Medicare premiums to understand … Continue reading Updated Medicare Numbers and How it Affects Your Retirement

I Contributed Too Much to My Roth IRA, Now What?!?

Sunwook Jin, CFP®, CRPC®, CMFC®, EA Roth IRAs can be a tremendous tool to give you flexibility in your journey to retirement. Creating some tax-free income in retirement allows you to be strategic with the amount of money you take out of your taxable accounts.  New presidents (with the help of Congress) can always try … Continue reading I Contributed Too Much to My Roth IRA, Now What?!?

Why Do You Need to Plan for Retirement?

Sunwook Jin, CFP®, CRPC®, CMFC®, EA When you think about any successful venture it’s common that you only pay attention to the end result.  Watching professional golf is a terrific example.  When you watch a professional golfer hit a pristine golf shot it’s easy to say “that was a great shot.”  Do you know why … Continue reading Why Do You Need to Plan for Retirement?