Why I do a monthly Net Worth Statement

June 25, 2019 by Travis Hole in Financial Planning

A net worth statement is exactly what it sounds like: a statement that lists out all your assets and all your liabilities, and the difference is your net worth

So you want to be a millionaire?

June 20, 2019 by Travis Hole in Financial Planning

One common question I ask clients is how much they think they need in their retirement account to retire comfortably around 65, and the most common answer I get is $1 million.

Three Year-End Tax Planning Tips for 2018

November 15, 2018 by Travis Hole in Tax, Financial Planning

1. Qualify for the Pass-Through Deduction: If you are a business owner and qualify for the Section 199A (pass-through deduction), focus on keeping your taxable income under the thresholds to receive the deduction. If you are a single tax payer, the phase out begins at $157,500, whereas if you file married filing joint, the phase out begins at $315,000.