Index To Tax Planning Content

Tax planning is by far the most overlooked area of financial planning. Very few investors have ever learned the realities of how tax planning can have a dramatic impact on their net spendable income in retirement. Most Americans are not familiar with simple concepts concerning taxation, like the difference between a marginal and effective tax bracket. The vast majority of retirement accounts that we see, are subject to taxation, another way to put it is most Americans have a permanent tax lien on their largest investment account. Learn the realities of how tax planning could affect to your retirement plan.

Marginal vs. Effective Rates

It's Your Money
It's Your Money
Marginal vs. Effective Rates
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From a beautiful downtown studio in State College, Pennsylvania, the investor coach Paul Nichols, once again pulls back the curtain to expose the truth about money, retirement planning, investing, estate planning, life insurance, etc. He focuses in on the real returns based on the difference between effective tax rates and marginal tax rates. Part of one’s financial education would include understanding the difference between these two brackets.

Financial Abundance, Inc., is a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.

Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

IRA or Roth?

It's Your Money
It's Your Money
IRA or Roth?
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This week Paul Nichol’s, the president of Financial Abundance, coaching session is about the difference between an IRA and Roth. He demonstrates this using the “seed vs. harvest” farmer model and whether you want to pay taxes on your seed or your harvest. The “Investor Coach” hits another home run this week!

Financial Abundance, Inc., a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.

Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

http://www.FinancialAbundanceInc.com or 866-867-5745

Traditional IRA…A Permanent Tax Lien

If you were a farmer…and you have a choices: one is to pay tax on your seed in the spring, and receive a tax free harvest. The other option would be to get a tax deduction on your spring seed, and receive a taxable harvest. Which would you choose? The same concept would apply to your […]

Market Update July 2011

It's Your Money
It's Your Money
Market Update July 2011
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This week Paul Nichols, the president of Financial Abundance updates us on the year to date market gains and losses. This falls right in line with the current government deadlines as it relates to the deficits and debt ceiling. Then about tax revenues, reduce spending, and social and welfare. The “Investor Coach” hits another home run this week!

Financial Abundance, Inc., a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.

Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

http://www.FinancialAbundanceInc.com or 866-867-5745

Thank You

Smorgasbord Investing (Town & Gown)

This weeks Weekly Clarity Coaching is also this months “Town & Gown coaching article that we create here at Financial Abundance. For those not local, T&G is a prestigious local magazine, a State College and Penn State tradition since 1966. This month article featured Deb Seward here in the office and she explains why most american’s end up with a lot of stuff in their portfolio. A short and informative read…

Investing with Looming Deficit

This week’s weekly clarity coaching is a video from Fox Business News discussing “How the Government Deficits Impacts How You Invest”. Mark Matson does a great job keeping the hype in check and once again providing a rational and prudent approach to the TRADITIONAL mantra “chase the market”.

Have you ever wondered why most of the financial information on the air waves is centered on short term news bites attempting justification for proactively managing our wealth?? Changing ones investment to correspond with the current economic environment?

The Taxman Cometh

This week’s weekly clarity coaching is a video I recently ran across of one of my favorite economists, Milton Friedman. It’s a 30-year-old interview. The interview is from March 21, 1982. I found this nostalgic and interesting because it’s the old panel format.

Quickest Way To Pay Off Your Mortgage

There are different schools of thought on ways to accelerate paying of your mortgage.  Most people are familiar with the 15-year mortgage versus the 30-year mortgage.  The idea is a simple one; you pay a higher payment in order to pay off the mortgage faster… [pdf-embedder url=”https://www.faicoach.com/wp-content/uploads/2017/03/Quickest-Way-To-Pay-Off-Your-Mortgage.pdf” title=”Quickest Way To Pay Off Your Mortgage”]

Government Shutdown Market Impact

A recent Friday, late in the evening, Congress and the White House came to an agreement that averted a partial government shutdown – for now. Over the course of last week, several advisors asked for my take on what would happen to the stock markets if the government had closed down, even temporarily. Some of these advisors following the active approach to investment management, wondered if they should “sell,” or if should they “buy.” Would the markets go up? Or would they go down? How should they react?

My advice was that if client portfolios were properly designed from the beginning, there would be no need to make any changes to existing portfolios.

Taxes…Taxes…Taxes

What else comes to mind when you think of April? Taxes…Taxes…Taxes! I’ve attached a video that may hit close to home for some of you having just recently gathered up and prepared your own taxes. If you found your self saying, “I need to do something about these taxes”, this is a good place to start. Doug is a friend of mine and has been a financial planner for over 30 years and we’ve incorporated some of his Missed Fortune strategies in our own planning as well as in plans for qualified clients. Please stop by the office to discuss some Missed Fortune concepts if you feel proactive tax planning may benefit your situation.

http://www.youtube.com/watch?v=DlfXYzdt4Bk

Getting Educated – Part 1 of 2

It's Your Money
It's Your Money
Getting Educated - Part 1 of 2
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This week, Paul Nichols, the president of Financial Abundance talks about why he enjoys being the “Investor Coach”. Financial Abundance operates under the core belief that education plus understanding leads to clarity and confidence resulting in peace of mind.

To view part 2 of the video, please visit our website at; http://www.financialabundanceinc.com/node/311

Financial Abundance, Inc., a Registered Investment Advisor based in Centre County with offices throughout Pennsylvania.

Visit Financial Abundance’s website and send Paul a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

http://www.FinancialAbundanceInc.com or 866-867-5745

Thank you

What Is Equity In Your Home? Part One

This week, Paul Nichols, the president of Financial Abundance asks everyone another question. Does the cash inside your home, or your Equity, earn you a rate of return? Do you know the quickest way to pay off home? Watch this latest vidcast and you’ll find out the answers to those a few more questions!

IRA’s: Traditional vs. Roth

It's Your Money
It's Your Money
IRA's: Traditional vs. Roth
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This special podcast focuses on IRA’s and the different types that are available to individual investors. We are focusing on Traditional and Roth IRA’s in this week’s bonus podcast. This show is loaded with a lot of coaching and is a must listen! Let us know what you think and drop us a line if you have a subject for the Investor Coach!

Paul Nichols is the President of Financial Abundance, Inc., a registered investment advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.

Visit Financial Abundance’s website and send Paul Nichols a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

http://www.FinancialAbundanceInc.com or give us a call at 866-867-5745

Thank you

Saving For College

It's Your Money
It's Your Money
Saving For College
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Our podcast this week focuses on an alternative to saving for college. The show really sheds some light on 529 accounts and their limitations. We talk about properly structured and funded insurance plans on today’s show and their many uses and how college planning is just one of them. Let us know what you think and drop us a line if you have a subject for the Investor Coach!

Paul Nichols is the President of Financial Abundance, Inc., a registered investment advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County.

Visit Financial Abundance’s website and send Paul Nichols a note about the show or a question that you would like to have answered under the “Ask the Coach” link.

Should I Borrow Against My 401k?

This week, Paul Nichols, answers a viewer question about borrowing from his 401k. We’ve all thought about it, now listen to some advice from the “Investor Coach” to figure out if it’s the right thing for you. Paul Nichols is the President of Financial Abundance, Inc., a Registered Investment Advisor based in Central Pennsylvania with […]