Blog Posts


The Backdoor Roth: How to Invest $36,500 Per Year into a Roth IRA, No Matter What Your Income Is

By Byron Ellis December 13, 2018

“We often get in quicker by the back door than by the front.” – Napoleon Bonaparte I read the report again, just to make sure I wasn’t going crazy. I rubbed my eyes and looked out my office window; it was a cloudy day, people were passing by on the street, a few birds were fighting over a spot on a telephone wire. Perfectly normal. I couldn’t believe it. But when I read the report a third time, I couldn’t keep from smiling ear to…
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You May Not Be Maxing Your 401(k) Like You Think You Are

By Byron Ellis December 4, 2018

“In the long run, it’s not just how much money you make that will determine your future prosperity. It’s how much of that money you put to work by saving it and investing it.” – Peter Lynch Think you’re maxing out your 401(k)? I ask this question to almost everyone that comes into our office for financial guidance. Inevitably, they all proudly answer “Yes!” Chances are, you’re probably thinking the same thing. But guess what? Chances are, you’re not actually maxing out your 401(k). Here’s…
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The Mind-Boggling Power of Automated Savings

By Byron Ellis November 27, 2018

“Automation is cost cutting by tightening the corners and not cutting them.” – Haresh Sippy It’s amazing how much of your life can now be automated. Light switches, thermostats, locks, home security sensors, ovens, refrigerators, sprinkler systems, emails, grocery shopping; all of this can become bionic with just a handful of apps on your smart phone. But can you automate your money? Of course! Paying bills, tracking credit, updating your net worth—all automated. And most importantly, you can save money automatically. Actually, automated savings has…
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My Thoughts from the Latest Money Magazine College Study

By Byron Ellis November 20, 2018

“I’d compare college tuition to paying for a personal trainer at an athletic club. [Professors] play the roles of trainers, giving people access to the equipment (books, labs, our expertise) and after that, it is our job to be demanding.” – Randy Pausch, The Last Lecture Money Magazine recently published their annual university ranking, The Best Colleges For Your Money. I read through it and have a number of thoughts to share. College is expensive…but don’t let that scare you Let’s not sugarcoat it. Accounting…
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Doing Holidays Right: 5 Tips to Keep Holiday Spending in Check

By Byron Ellis November 13, 2018

“Happiness is not determined by what’s happening around you, but rather what’s happening inside you.” – Adrian Corday Ah, the holidays… A joyful time. A time to share with family and friends. A time to celebrate, to give thanks, and to show gratitude for our blessings. Laughter, beauty, good food and good cheer. And stress. That’s right. The best time of the year is also the most stressful. Why? Money, of course. More specifically, spending it. The fact is, holiday spending produces tremendous financial strain…
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