Investing and Personal Finance Archives

Two of the most popular estate planning tools are a Will and a Living Trust. Both of these are estate planning documents that allow you to name beneficiaries for your assets so they’re distributed to your heirs after your death. But how do you determine which one might be better for you?

Investing and Personal Finance

Avoiding a Tax Audit

March 31, 2023

Last week we talked about some of the things that might trigger a tax audit. If you missed that video, we’ll have a link for you in the description. Sometimes, being audited is just pure random chance, but as mentioned in that video, your odds of being audited can go up significantly if your tax… View Article

Investing and Personal Finance

Are You At Risk For a Tax Audit?

March 23, 2023

Have you ever gotten something in the mail from the IRS? It’s kind of scary, isn’t it? Even if you’re sure you’ve done nothing wrong, just getting that letter seems to trigger an anxiety response, and makes you question yourself before you even read it: “Did I miss something?” Sure, it’s a scary feeling, but… View Article

Investing and Personal Finance

Is It Time to Re-Think Your 401k Allocation?

March 9, 2023

Have you thought much about your 401k lately? One of the great features of the 401k is its design – you can set it up, forget about it, and let the markets do what they always do. But if you’re about 5 years away from retirement, it might be a good idea to take a second look at your 401(k) allocation.

Investing and Personal Finance

Is It Possible to Save Too Much for Retirement?

February 23, 2023

It probably goes without saying that building a nest egg for your retirement is a good thing. Having more money in retirement usually gives you more options, less stress, and maybe a better standard of living. So what we are talking about? Is over-saving really a problem?

Investing and Personal Finance

Know This Before You Transfer Assets to Your Heirs

February 9, 2023

Here at Lucia Capital Group, we do a lot of work with clients who are planning to pass their assets to their heirs once they’re gone – usually it’s their kids, but not always. In either event, it’s important to know what the benefits and consequences are of inheriting tax-deferred retirement accounts. It’s that… View Article

Investing and Personal Finance

Why Managing Risk May Be the Key to Financial Survival

February 2, 2023

When people talk about reaching their investment goals, they often focus their rate of return. Instead you should focus on instead is risk management: minimizing the damage of unforeseen events.