Storms

My family and I live in Wimberley, Texas, which you may remember was struck by a flood on Saturday, May 23, 2015. Unprecedented is a term often used to describe the flooding. Still, that adjective does not capture the magnitude of what happened that evening along the Blanco River.  Twenty-three …

Circuit Breakers

Many of you are probably familiar with the concept of a circuit breaker.  It’s a safety device that shuts off the flow of electricity when the system senses something could be going wrong.  The effect is to save the electrical system from damage which can be potentially caused by overload …

Portfolio Pay Cut

Many people are curious about how they get money from their retirement accounts once they have stopped working.  This month, I wanted to help illustrate how distributions work, and the effects that unplanned distributions can have on a retirement portfolio. Let’s say you saved a nest egg of $250,000 in …

Special Bulletin: Newly Passed SECURE Act May Impact You

On December 20, 2019, the SECURE Act (Setting Every Community Up for Retirement Enhancement) was signed into law, bringing with it significant changes to the retirement planning landscape.  We believe some of the changes are positive, and some are not.  If you have a qualified retirement account (and most of …