The successful and fulfilled person must develop new skills and try different things!
With January brought a lot of new opportunities for me to evolve and while advancing into the unknown certainly adds to an often already overwhelmed mind, one true thing in life is new skills and challenges frequently appear just when you need them!
My Online Business May Go Local
No, I’m not going to stop having a remote business. I absolutely love the flexibility and diverse set of clients it brings. BUT, we are settling into our life here, and it is time for me to start using my expertise to help the local community. This quarter my plan was to host a number of free workshops for those who could benefit from learning the foundational steps of a successful financial plan.
Ironically, just when I was at a loss of where to host, how to spread the word etc. it turns out my church may be looking for someone to bring this type of education to not only our congregation but maybe others in the North Country.
SOPs & Learning New Planning Tools
This year my plan is to fully codify our standard operating procedures and become more streamlined. Part of this initiative includes implementing some real time planning tools in our client meetings. We want meetings with clients to be as time-efficient, effective, and most importantly—informative as possible. So, the last few months have been filled with learning some new planning tools to help us do exactly that. We have already received some great feedback. It’s vital for online businesses to harness technology to further provide quality advice!!
Photos of the Week
Having not a lot to do with this week’s update, but just because I like to share. Here are some photos of our recent adventures.
Live Last Week: How to Prepare For the Worst (Financial Strategy)
There is a lot of doom and gloom about the state of the world and the future of the U.S. economy. Many of my clients and friends have expressed real concern about what may be coming and how they can best prepare. In last week’s live I discuss the realities of the doom and gloom mindset when it comes to your finances and planning for economic downturn along with what I recommend doing to prepare for the worst (if it does ever come).
I also created a list of tips for what we all need to be doing—regardless of what we think may happen economically.
Next Week Live: Reduce your retirement taxes with Roth conversions.
Friday, 10am EST
Taxes now and in the future are a huge part of retirement planning success. Many people save their retirement monies into a pre-tax account, which means you will pay taxes on any withdrawals in the future.
Roth conversion planning allows you to pay the taxes now—possibly spreading them out—and avoid taxes on some of your retirement withdrawals in the future.
In this episode I will explain: what is a Roth conversion, when it makes sense to implement and how to do so effectively, and illustrate the power of Roth money in retirement.