Blog
I Sold My House; Do I Owe Taxes?
Thinking about selling your home and wondering about the tax implications? Discover how the IRS’s section 121 can help you avoid paying taxes on significant gains from the sale of your primary residence. Michael Hollis walks through how exclusions and proper calculations can keep more money in your pocket and make your home sale as profitable as possible.
The Best Ways to Play Catch-Up
Feeling behind in savings is a common concern among our clients. Whether you're past 40 or 50, it's never too late to start getting your financial house in order. By increasing your income or decreasing expenses, you can create the margin needed to save more and work towards a secure financial future. Click here to learn more about how you can catch up on your savings
What Are Bonds and How Do They Work?
Dive into the world of bonds with our latest article, designed for the financially curious! Learn the essentials of bonds, from their basic definitions to practical applications, and understand the different types and features that make them a unique investment option. Whether you're looking for steady income or long-term growth, our comprehensive guide will help you confidently navigate the bond market. Discover more and see how bonds can fit into your financial strategy.
Can You Retire on One Million Dollars?
Saving $1,000,000 for retirement is an impressive achievement, but its purchasing power decreases over time. This amount might not be enough to live on unless you have minimal expenses or other income sources. Diversifying your income streams and boosting your savings rate can help ensure a more comfortable retirement. Read more to learn strategies for maximizing your retirement savings and income.
Umbrella Insurance: How It Works and What It Covers
Michael Hollis explains how an umbrella insurance policy provides an essential layer of liability protection beyond standard home and auto policies, safeguarding against extensive financial risks and ensuring peace of mind during unforeseen catastrophic events.
What to Do If You Are Denied Life Insurance
If you've been denied life insurance, understanding the process is key. From exploring workplace benefits to considering unconventional routes like self-insurance, there are options available to protect your family's future, ensuring peace of mind even in unforeseen circumstances.
Teens Can Become Millionaires
Yes, teens can become millionaires. Some might say it’s too hard, but it is possible. Starting young gives you a huge advantage.
What is the Average Retirement Age?
Discover the changing landscape of retirement in the US, from shifting trends in average retirement ages to evolving attitudes toward work and leisure. We’ll also explore the factors influencing retirement decisions to gain practical advice on preparing for your own retirement journey.
A 401(k) Rollover Step-by-Step Guide
Rolling over a 401(k) doesn’t have to be complicated. In this step-by-step guide, you’ll learn how to transfer your retirement savings into an IRA or new employer’s 401(k), avoid costly mistakes, and gain more control over your investment options.