Live A Life By Design Blog

When making lifetime decisions it is critical that adequate time and consideration be given to the issue. Life has a way of paying us dividends based on the planning for events that we wish to occur. By reading this article, you will be more prepared to reach your desired results in life. First, think about […]

Way, way back at the beginning of the Common Era, Epictetus offered some advice that remains relevant today: “It’s not what happens to you, but how you react to it that matters.” In 2020, a lot changed – and Millennials are reacting. We’re adapting to pandemic conditions, hoping for economic improvement, positioning for financial market […]

Risk is one of the most difficult investment variables for individuals to control. All aspects of life have a risk component. A friend of mine attempted to prove his strategy for removing all risk was valid. He simply stated that he could bury his money in his backyard. When I reminded him, that thieves may […]

As humans, we make mistakes all the time. Some mistakes may relate to your career choice. Other mistakes may relate to the location of your home. However, some of us make, seemingly, small mistakes and don’t realize the impact the outcomes will bring to our lives. Small mistake #1: Failing to save for retirement early […]

As I get older and the more I work in finance, I find that many younger clients around my age are in the dark on many practices and basics of money management, such as investing, creating a budget that works specifically for them, and saving money. This all boils down to a concern about the […]

Too often we paint someone with a broad brush as to their contributions to the world solely based on the group in which they are a member. For example, medical doctors may specialize in a field that allows them to focus on a specific area of the human body. These physicians are capable of providing […]

Rising healthcare costs. Death of a spouse. Outliving investments. These three concerns are constantly confronted by retirees. Solutions to these challenges do exist.  Based on historical costs, it is likely that retirees will experience a 7 – 9% increase in healthcare costs in 2021 over what they paid in 2020. One of the best methods […]

Big projects and changes in the operations of government are always sought by new presidents with in their first one hundred days in office. President Biden is no exception to this trend. However, one of the areas of change proposed by the new administration is estate taxation. Under current law, most citizens’ estates in the […]

It is time to file your 2020 individual income tax returns. Many people face this task with trepidation and stress. To help you focus on this important obligation of all Americans, I am providing you some simple, yet effective, strategies to reduce this process to its simplest form. First, do not procrastinate until April of […]

One of the most important areas of planning for a secure future is to be able to weather the storms of life without invading your long-term investments. When working with a new client, we always ask questions regarding their current monthly living needs. By monitoring and managing your basic living needs such as food, shelter, […]