Everyone needs a financial plan. Have you ever tried to build something without directions or driven somewhere far without mapping out the trip using the GPS in your car? It not only is a lot more difficult, but the final result is nowhere near as good as it could have been. At Presilium we always […]
Today, we’d like to discuss a topic that’s close to my heart and crucial for your financial well-being: When should you update your will and estate plan? Life is a journey filled with milestones. And with each significant event, it’s essential to ensure that your financial legacy reflects your current wishes. So, when exactly should […]
Should you take the lump-sum version of your pension or choose the lifetime monthly benefit. This may be one of the most important questions you face as you start retirement. Today, we want to simplify this and show you the process that we go through with our clients to help them make this important decision. […]
In this week’s FPF episode, I wanted to discuss something that all our clients want to know—how much can I spend each year in retirement? The answer depends on a variety of factors, and it is important to consider all of them before coming to an answer. Please let me show you how we do […]
Today we wanted to discuss one of the most important tools of estate planning. Proactive estate planning can play a crucial role in managing and distributing assets in a manner that aligns with your wishes while maintaining privacy, minimizing tax liability, and preserving wealth for future generations. One of the most versatile and effective tools […]
Today we wanted to discuss three key ways to grow your wealth throughout your lifetime, and throughout the inevitable ups and downs, and uncertainty, that we all will experience with the market and in life. To begin, it is vital to have a financial plan. It is equally vital that this plan is regularly updated […]
Today we wanted to discuss a common problem all around the world. As this episode airs, our CEO, Jerry Davidse, is 9,000 miles away from our headquarters giving a masters level class on financial planning and investment management in Siem Reap, Cambodia to120 of the future leaders of their country. Their economy is finally getting […]
Today we wanted to discuss something that can have a huge impact on reaching your retirement goals: the order that you take withdrawals from your investment accounts. Many of our clients have three types of investment accounts that each have their own tax rules, after-tax accounts, IRAs/401ks and Roth IRAs. A good financial plan for […]
Welcome to Financial Planning Fridays, our weekly video series on the benefits of financial planning. Pablo Picasso said “Our goals can only be reached through a vehicle of a plan, in which we must fervently believe and upon which we must vigorously act. There is no other route to success.” Unfortunately, I never worked with […]