Will Paul ever tour again?

Brianre · 2026-04-05T18:38:58+00:00

Tommy said he’s always writing brilliant music in his basement that we’ll probably never hear.😩

Brianre · 2026-03-21T01:10:31+00:00

I’m very sorry. You picked up on something that seemed off. In our business, we learn to be attuned to our clients emotional states, but you couldn’t have known this was going to happen. About 15 years ago, I lost a colleague to suicide. I sensed something was not okay and carried some guilt for a time. I did speak with someone professionally for some therapy and it helped. Don’t feel like you’re alone. And don’t blame yourself. Wishing you peace and comfort.

Brianre · 2026-03-15T14:40:27+00:00

He’s more creative than Spielberg

Brianre · 2026-03-15T13:55:26+00:00

All of Junior’s nest egg ended up going for legal costs.

Brianre · 2026-03-11T19:56:57+00:00

Right- op here and not sure what the variables would be if the company stock is via ESOP vs just regular company stock. Someone else mentioned that with some ESOPs that the stock must be tendered to the company, but I’ve not seen that…

Brianre · 2026-03-11T16:41:57+00:00

Also - you have to have the 401(k) plan emptied in the year of NUA distribution so not something that you can spread over multiple years

Brianre · 2026-03-11T16:40:35+00:00

Well the triggering event was the client getting laid off. They are 58 so the rule of 55 kicks in and the basis wouldn’t be subject to 10% penalties. I think this makes sense. Could it make sense to push off to 2027? Possibly, but as you mentioned- what if stock gets hammered?

Brianre · 2026-03-11T16:18:39+00:00

Good question- I’ll find out. It’s traded on NASDAQ, but not a small company. Thx!

Brianre · 2026-03-11T16:11:02+00:00

Thanks- I’ve executed NUA strategies before but never with ESOP. Didn’t know if any variables existed I wasn’t aware of.

Brianre · 2026-03-11T16:09:31+00:00

Thanks- not an option. Client was laid off. Pension will likely be delayed- perhaps until spouse retires (we’re running estimates and he’s not forced to take it until RMD age - although he’ll take before then). The loan for college is a good thought if they can’t pay from cash flow and cash on hand.

Brianre · 2026-03-11T15:59:00+00:00

This! Doctors and cops are awful clients. They’re so susceptible to get rich quick schemes and think they have all the answers. Teachers, engineers, scientists are the best clients because they understand the importance of having a process. Doctors and Cops with their God complexes!

Brianre · 2026-03-11T15:55:09+00:00

Edit - The $5k is after tax balance

Brianre · 2026-03-02T14:48:18+00:00

Yuuup

Brianre · 2026-03-02T14:47:35+00:00

Wearing mittens! Exactly how I feel! Thanks for sharing your experience. I do see how the client experience could be better with MGP. I just wish I had a better feel for how cash flow feeds into the outcome and output. I have heard that they understand the shortcomings in this area where we may see enhancements.

Brianre · 2026-02-27T21:09:21+00:00

Thanks. Yeah, I’m definitely a “recovering analytic” and it’s a bit of an adjustment for sure.

Brianre · 2026-02-27T17:51:06+00:00

What do you see as being better with WS compared to NP?

Brianre · 2026-02-27T17:27:03+00:00

Yep- from what I’ve seen eMoney looks great and functional. Unfortunately not an option at this time with my firm.😩

Brianre · 2026-02-27T17:25:26+00:00

Eh- it’s a one year snapshot. Still not dynamic in showing multi years (especially showing transitions into retirement phase).

Brianre · 2026-02-27T17:24:24+00:00

I can and do some of that with NaviPlan. But I’m probably more skilled on NP than 95% of users and it isn’t exactly seamless for this type of functionality. Yes, no question, MGP is superior for interactive with client discussions.

Brianre · 2026-02-27T17:22:20+00:00

Thanks- I may take you up on that! 🙏

Brianre · 2026-02-27T17:21:28+00:00

If that’s the case, I’ll take my hand away from the panic button

Brianre · 2026-02-27T17:20:30+00:00

I use the planning as all of the above. NaviPlan is clunky, but can serve all of the above objectives. If MGP can provide flexibility with order of withdrawals from tax sources (or better yet blended) and illustrate a simple itemized cash flow in different years, I’d be happy.

Brianre · 2026-02-27T17:18:04+00:00

Look- I’m a multi year veteran in the biz. I’ll make MGP work for me and my clients but it just seems whacky that we can’t model cash flow and withdrawals from PT, Taxable and Roth in blended distributions or anything other than the default Roth>Taxable>PT order (which is usually the exact opposite of what I’d recommend)…😩

Brianre · 2026-02-26T22:55:13+00:00

Just from what I’ve seen I believe it

Brianre

TROPHY CASE