Wealth Accumulation – Life Isn't Lived On a Spreadsheet

Can We Have Too Much Money? Understanding The Purpose of Our Money (Ep. 8)

By Poterack Captial Advisory | November 21, 2023

“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 on its role during retirement. Ryan explains why wealth accumulation is not about greed but about maintaining a lifestyle and potentially giving back.

Ryan uncovers:

Tips on determining how much is enough for personal retirement goals and needs
The influence of social media on retirement expectations
Ways societal pressures influence people’s financial desires
The role of charitable giving in retirement and how to start creating a legacy plan
How listening to our personal needs and circumstances can help us know when is the right time to retire
And more!

Resources:

“Making it Count: Life Isn’t Lived On a Spreadsheet” by Ryan Poterack

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LinkedIn: Ryan Poterack

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Let’s Talk About Tax Planning & How It Can Enhance Your Retirement Savings (Ep. 5)

By Poterack Captial Advisory | October 10, 2023

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 proactive steps for your future tax years.

Ryan discusses:

Reasons you should pay your taxes as soon as you get them
The options available when you need help with your taxes
The advantages of paying taxes through strategies like donor-advised funds and Roth conversions
His unique approach to tax refunds and checks
The importance of working with a wealth manager who focuses on tax planning and mitigation
And more!

Resources: