You’ve got your finance guy or gal who manages your investments, but is that truly all they do? It’s time for Ryan Poterack and Alec Quaid from Poterack Capital Advisory to discuss holistic wealth management, stressing the need to understand your unique values and life goals. The conversation covers the importance of comprehensive financial planning …
Do you plan on donating money to your favorite charities? First, let’s understand the tax implications so you can maximize your charitable impact. In this release, Ryan Poterack discusses the nuances of charitable giving. He describes the strategies like qualified charitable distributions and donor-advised funds, and the benefits of donating appreciated assets. Ryan is eager …
401(k)s are so much more than just a retirement savings account. They should be seen as your key to the future. In this release, Ryan Poterack dives deeper into the intricacies of 401(k) retirement accounts. He covers the benefits, such as employer matches, and limitations, like penalties for early withdrawal and limited investment options. The …
Not all conversations about money are going to be comfortable, especially the conversation about what happens to your assets after you pass away. This week, Ryan Poterack discusses the value of having conversations about money and estate planning early on in life. Ryan highlights the emotional aspects of these discussions and the role of a …
“How much and how do you get paid?” This can be an uncomfortable question to ask your current or prospective financial advisor. This week, Ryan Poterack discusses the importance of transparency in how financial advisors are compensated today. Ryan also explains different payment methods, such as commissions and fees, while emphasizing the need for this …
We’ve talked about the good, the bad, and the limitations of traditional 401(k)s. Now, we’re tackling the process of turning that traditional IRA into a Roth IRA. What does it take to do a Roth conversion, and is it right for you? In this episode, Ryan Poterack discusses the benefits and process of converting a …
“Your eyes are bigger than your belly.” Have you heard this saying? (You eat too much of something good and end up feeling not-so-good afterward!) Now, let’s apply it to our finances. Can we have too much money? How much is enough for retirement? In this episode, Ryan Poterack discusses the purpose of money, focusing …
Like most things these days, inflation is getting politicized. And the truth is that we all want a soft landing from it, regardless of who gets credit for it. This week, Ryan Poterack explores recent inflation, its impact on the economy, and its relationship with higher interest rates. He also sheds light on the history …
Making mistakes can be discouraging and even embarrassing at times. But the key to personal and professional growth lies in embracing mistakes! In this episode, Ryan Poterack helps you look past your mistakes and turn negative experiences into valuable life lessons. Ryan discusses: The importance of personal responsibility and embracing mistakes (but not repeated mistakes!) …
What’s the difference between tax preparation and tax planning? Believe it or not, knowing the difference can help you navigate (the often dreaded) tax season! In this episode, Ryan Poterack reveals why tax planning is a year-round process. He talks about the contrast between tax preparation and tax planning while emphasizing the value of taking …