Articles
RMDs – What, Why, and How Do They Work?
RMDs are Required Minimum Distributions. These are required distributions from annuities like IRAs, 401(k), 403(b), or a 537. Do you remember the movie Indiana Jones and the Last Crusade? There is a scene where Indy is fighting the bad guy while positioned on a tank as it drives towards and eventually over a cliff. Think…
Read MorePension Max and Lump Sum Pension Strategies
Previously, we explored the risks inherent in carrying a pension plan, and some of your payout options. Now, we’re going to explore, in more detail, some specific payout strategies we’ve helped clients with. Pension Max is one strategy worth considering. Pension Max consists of taking the Single Life payout, let’s say $2,000 a month, vs…
Read MorePension Risks and Basic Payout Options
Most people go decades waiting for the moment when they get to blow out the candles on their retirement cake, turn their pension on and ride off into the sunset. But hold your horses there, cowboy! There are some things you should be aware of before you sign up for that company pension. Understanding Pension…
Read MoreUncommon Annual Reviews
We often joke to people that we would be able to work in a corporate environment for a while, but that employment would quickly come to an end when we got our annual reviews. Needless to say, we’re not big fans of the corporate annual review. Here is why we loathe them. First, they aren’t…
Read MoreWhich Bricklayer are you?
We came across this parable recently that illustrated the mindset necessary if you want to go down the Uncommon Path that leads to an Uncommon Life. There are three bricklayers on a job site. A man walks up to the first bricklayer and asks him, “What are you doing?” The first bricklayer replied, “What does…
Read MoreSequence of Return Risk
It’s all about timing. Investment involves risk. One category that does not get talked about often is what is called the sequence of return risk. The nutshell version is this: the risk of receiving lower or negative returns early in a period when withdrawals are made from an investment portfolio is known as sequence of…
Read MoreInvesting the Uncommon Way
There are so many different ways to invest. When we talk about investments, it’s not just stocks, bonds, and mutual funds, although those can be a part of the picture, but not the whole picture if you want to invest the uncommon way. Investing the uncommon way brings the 7 Sources of Residual Income into…
Read MoreCreating a Savings Plan
Your Uncommon Life needs a bankroll. This starts with establishing a budget. Previously, we walked through some specific steps to establish a household budget. It takes a little time and effort, but it gives you some crucial numbers in creating a savings plan. After you’ve put a budget in place, you know your total monthly…
Read MoreBudgeting: Starting Point of the Uncommon Life
The idea of a budget is not uncommon. The practices of creating and sticking to a budget are far too uncommon. We want to help you fix that. When it comes to budgeting there’s definitely an app for that. To create a budget, you can go to many platforms, follow many different tricks, tweaks, systems,…
Read MoreThe Uncommon Life Roadmap
We love helping people find their uncommon path – a path where they are doing the things God has gifted them to do, and ultimately achieving the time and money freedom to pursue that path, wherever it takes them. After working together with our clients for the past 7 years, sharing in their hopes and…
Read MoreReasons to be Passionate about Network Marketing
People often ask why we are so enthusiastic about network marketing. When it comes to network marketing, there are some big benefits, especially in terms of the flexibility it gives you, and the potential for earning big if you really go after it. One significant upside with network marketing as a source of residual income is…
Read MoreNetwork Marketing By the Numbers
We are exploring the world of network marketing in a series of posts. To get a clearer picture of what network marketing is, take a look at our first post. In order to get a clearer picture of how network marketing could benefit you, and if it’s even the right fit, here are a few…
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