Nicholas Pihl
Two Tax Changes That Will Surprise Most of You:
Two Tax Changes That Will Surprise Most of You: Some of you may have heard if you have high income (defined as wages >$145,000 per year),...
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Nicholas Pihl
- Sep 18
- 2 min
A Common 401k Mistake to Watch Out For (and How to Fix It)
In 2023 you can contribute $22,500 to your 401k, plus $7,500 of catch-up contributions if you're over 50. So, if you're under 50, you can...
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Nicholas Pihl
- Sep 1
- 2 min
Do Higher Mortgage Rates Mean the Housing Market Is Going to Crash?
As interest rates have risen, there's been more discussion of what these rates will do to housing prices. After all, higher interest...
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Nicholas Pihl
- Sep 1
- 1 min
Retiree Risk Checklist
My experience has been that there are often important risks or planning needs that most retirees simply aren't aware of. Nevertheless, if...
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Nicholas Pihl
- Aug 23
- 2 min
Why it pays big to work part time before retiring
I just met with a client couple in their 60s who have "almost enough" money to retire. Try as I might when crunching the numbers, I just...
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Nicholas Pihl
- Aug 22
- 3 min
How to Find Connection and Purpose in Retirement
Spiritual leader Richard Rohr talks about a life lived in 2 halves. Both of them are necessary. One isn't better than the other, and they...
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Nicholas Pihl
- Aug 10
- 4 min
The "No Plan," Plan
Here's a question I get asked from time to time, "Why do I need a a plan? If I’m 65, expecting to die at 85, why can’t I just put...
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Nicholas Pihl
- Jul 31
- 4 min
Passing On Without Leaving a Mess: How to Ease Your Family's Burden by Planning for Your Possessions
When people die, they leave behind a house full of “stuff.” Most of these possessions aren’t valuable or sentimental. There’s just a lot...
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Nicholas Pihl
- Jun 2
- 5 min
Reflections on the Berkshire Hathaway 2023 Meeting:
Why I went: Attending the Berkshire annual meeting in person has been on my bucket list for a long time, and I knew I’d regret it if I...
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Nicholas Pihl
- May 4
- 4 min
Start Building a Team Today to Deal with Cognitive Decline in Your Future
Very few people are lucky enough to make it to the end of their life without experiencing some degree of mental decline. While not all...
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Nicholas Pihl
- Mar 31
- 5 min
3 Warning Signs of Scams and What To Do About Them
Sign 1: You find yourself asking, "is this a scam?" Just by asking that question, you're 99% of the way there. It's almost certainly a...
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Nicholas Pihl
- Mar 30
- 2 min
When to retire, even if you like your job
One of the top regrets of retirees is that they wish they'd retired sooner. This poses a conundrum for people who enjoy their jobs,...
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Nicholas Pihl
- Mar 22
- 3 min
The case for staying invested
Take a look at this chart. This is the weekly price of an S&P 500 fund, going back to the start of 2012. What do you notice? Yes, it's...
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Nicholas Pihl
- Mar 14
- 4 min
"Is my money safe at Schwab and TD Ameritrade?"
Given the recent collapse of Silicon Valley Bank, I thought it would be worthwhile to offer some education on the protections that Schwab...
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Nicholas Pihl
- Mar 14
- 3 min
"What does the Silicon Valley Bank collapse mean for me?"
It's not every week that a bank fails, and it's never a good sign. But to what degree does the collapse of Silicon Valley Bank (SVB)...
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Nicholas Pihl
- Mar 13
- 3 min
What's Happening at Silicon Valley Bank?
Last week, Silicon Valley Bank collapsed and was taken over by the FDIC. The short version is that they didn't have enough capital on...
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Nicholas Pihl
- Dec 30, 2022
- 3 min
How your investments can save you money on taxes
This year, those of you with taxable investment accounts will receive a tax-reporting form from your custodian bank (such as Schwab, TD...
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Nicholas Pihl
- Dec 27, 2022
- 5 min
When real estate is risky
One key principle of good wealth management is to store your money in things that hold their value. This is good investing advice as...
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Nicholas Pihl
- Dec 1, 2022
- 3 min
Why "Visualizing" Your Goals Is Killing Your Dreams
‘Tis almost the season for New Year’s Resolutions, so I wanted to get this article out while you’re still formulating those goals because...
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Nicholas Pihl
- Nov 23, 2022
- 4 min
Thanksgiving Surprises
As a geriatric psychiatry nurse, my wife has a unique perspective on issues like aging, end-of-life care, and Alzheimers. According to...
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