Sullivan Financial Planning

Health Savings Accounts are fantastic.  What other account has triple-tax benefits?  Tax-deferred on the way in, tax-free growth, AND tax-free withdrawals when used for qualified medical expenses. Ah, but there is the rub.  What can this magical tax-free money pay for?  And what obvious medical costs are not reimbursable?  Here are examples of surpris...

Here it is – yet another financial advisor blog shaking its finger at you about not timing the market.  Sorry folks, as long as people keep buying high and selling low, you are going to get this message from my BFFs (Best Financial Friends) and me. And for those of you who believe Crypto is…

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Yep, we’ve all heard the expression.  You may vaguely sense that it’s a caution against jumping out of your investments when headlines are scary –  and you are right. But, what does this even mean? Origin Story – Every good superhero needs one. It is thought the expression started in the 1950s to depict a…

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Any of my clients know that I am a non-fan of mountain property as an investment.  I always encourage season-rentals over the constant financial drag of owning a second home.  Especially in a location that is increasingly difficult and expensive to get home owners insurance. Yes, it’s totally disingenuous for me to make these pronouncements. …

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A nuance of estate planning that I learned about recently is the complications of transferring guns of a decedent.  It’s not like designating your Grammy’s parrot brooch to the most fashionable grandchild. Here to explain more is attorney Chris Hornbaker.  Thanks to Chris for answering these basic questions of mine.   If You Own Firearms,…

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