financial literacy


What is a Roth conversion, and why should you – or shouldn’t you – do it?

Traditional IRAs and most workplace retirement plans, like 401(k)s, for example, are tax-deferred. That sounds great when you’re adding money to them: no taxes now, deferred growth, wuhoo!  But tax-deferred is NOT tax-avoided. The tax bill always comes due. The world of IRAs is super-complex, as is the world of income-tax brackets. They come together in a perfect storm of complexity. HOWEVER, there are some easier pieces to explain. Without getting into every scenario and […]


How to Make Your Money Last: The Indispensable Retirement Guide by Jane Bryant Quinn

This is a book you can write after a lifetime of forming connections, reading deeply, and gaining the wisdom to integrate it all. I cannot think of a single thing I’d change in this book if I were writing it. It combines clear writing with up-to-date accurate information. I’ve read entire books on subjects she covered in a chapter and feel like she nailed it concisely. Annuities? Life Insurance? Becoming a landlord? When to start […]


Financial Literacy for Young Adults

A client asked me if I had any financial literacy suggestions for teenagers. It kicked off a reading festival! Here are my notes. Years ago I read Suze Orman’s Young Fabulous and Broke and I was underwhelmed. She seems to think that everyone is as clueless as she was and needs to have a come-to-Jesus moment and she’ll tell you how. Most people I know just want to know some facts and they’ll integrate them into their […]