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To REALLY Save on Taxes, Apply this Knowledge to Your IRA, ROTH, and HSA Contributions

To REALLY Save on Taxes, Apply this Knowledge to Your IRA, ROTH, and HSA Contributions

Here it is just plain and simple: the basic concepts you must know in order to use these types of accounts to your benefit. There’s more to it than this, but if you understand the basics, you’ll know more than most people. And, most importantly, you’ll know how to formulate a strategy for really effective […]

Uncertainty, Volatility, Decline, Oh My!

Uncertainty, Volatility, Decline, Oh My!

We’ve been here before, but it doesn’t make it any easier. Lot’s of change and new information hitting world stock markets, causing major fluctuations across all asset classes. I don’t like it, but I have to remind myself; it comes with the territory. If you read my stuff often, you’ll know one of my favorite […]

Client Expectations in Financial Services: FAIL!

Client Expectations in Financial Services: FAIL!

A great Forbes article this week by Dan Reed American Airlines’ Tiny New Bathrooms Test Limits Of What U.S. Passengers Will Put Up With is a reminder to us all: continual advancements in corporate efficiency are for shareholders first, with customers needs in many cases becoming a distant priority. As long as we, as customers, put […]

Stay Invested, My Friends

Stay Invested, My Friends

Great post by Austin Smith!   Disciplined strategy investing over the long term, rather than trying to time the market fluctuations is a proven strategy for long-term portfolio success. Attempting to ‘buy low and sell high’ is incredibly challenging and almost never successfully executed. Trading in and out of different market positions plays on our […]

You Want Financial Independence? Here’s the First Step

You Want Financial Independence? Here’s the First Step

Only a very small percentage of American’s will ever experience financial independence. Why? Because just being successful in our professional careers is not enough. We have to know how to translate our professional success into personal financial success. Financial independence is a big, complex problem that eludes many, primarily because of the behavioral inconsistencies we […]

Calling It: The Exciting Day When Financial Independence Just Happens.

Calling It: The Exciting Day When Financial Independence Just Happens.

“I think we’re going to be able to call it.”, Austin says as we review our client’s financial plan and assets on the big screen in my office. We’ve been running and re-running the scenarios, carefully reviewing possible future expenses and expected returns. We adjust for different inflation scenarios, stress test against market crashes, model […]

A Life Lived

A Life Lived

You have never heard of any of my heroes, so naming them by name is unimportant. Besides, my hero’s are not interested in the publicity. My hero’s lead quiet lives, in attractive, inviting homes, where their value’s and interests are on display. Maybe a Grandkid’s well-used toybox in the corner of the living room. Sometimes, […]

The Power of Long Term Investment Returns

The Power of Long Term Investment Returns

Shelly and I went sailing for the first time in many years this weekend. I was a little rusty. As we dodged and weaved our way through the 200 or so moored boats out into Narragansett Bay, I was reminded of the importance and power of lift. Sails work much like airplane wings. The opposing […]

How your money can work for your future- Be an Amy, not an Adam!

How your money can work for your future- Be an Amy, not an Adam!

Austin Smith, our newest and youngest Schulz Wealth employee, brings us this great illustration especially geared towards young people. Please share! When should you start saving for your retirement? The most accurate answer is yesterday. Time is by far the most important factor on saving for your future. Starting early, combined with the effects of […]

Point the Ship in the Right Direction

During the Haiti crisis in the mid-90’s, I was a young sailor on watch. It was a calm, quiet, typical Caribbean sunny day and we were just off the coast of Hispaniola in the Windward Passage. Punching holes in the ocean, is what we called it, squaring off the edges of our station with slow, […]