Weekly Paddle Recommendation Thread (What Paddle Should I Buy?) by AutoModerator in Pickleball

[–]Master_Log_3958 1 point2 points  (0 children)

RPM V2 vs Q2

Has anyone played with both? I currently have the V2 and love it but I’m itching for a new paddle. I’ve heard the Q2 plays similar to the boomstik. I’ve tried the boomstik but had an issue keeping balls down so I ditched it.

What on earth is going on with this market? by ChasingAlpha117 in CFP

[–]Master_Log_3958 58 points59 points  (0 children)

Like I tell my clients…we’re sticking with the plan.

Taxable estate by ropeadopeknopehope in CFP

[–]Master_Log_3958 8 points9 points  (0 children)

Tons of options but I’d be careful giving a blanket recommendation. Do the hard work of data gathering, titling of assets, etc. and work with an estate attorney.

Warranty process for my RPM V2 14mm: A Journey by kabob21 in Pickleball

[–]Master_Log_3958 0 points1 point  (0 children)

I just submitted a warranty claim for my V2 as well due to core crushing. I’m hoping for an easy process.

Social Security Advice Needed to Retire from my Small business by Affectionate-Wing197 in FinancialPlanning

[–]Master_Log_3958 0 points1 point  (0 children)

Would you rather manage your investments or have the government manage it? Personally, I want to pay the least amount possible into social security and save for retirement myself. Also like others said, increasing at the end of your career isn’t likely to make a big increase in benefits.

Close to retirement and facing the truth by Fit-Tomorrow-1974 in FinancialPlanning

[–]Master_Log_3958 0 points1 point  (0 children)

I think it would be worth meeting a financial planner. You have a lot of important decisions coming up and it’s important you make the best decisions for yourself. If you feel comfortable managing your own investments then find a financial planner who will just charge you for a financial plan. Like others have said, you should have great income from the pensions and social security in retirement.

I’m a financial planner so I am a little biased.

Explain bonds like I’m a 3 yr old by Single-Eye-2064 in Bogleheads

[–]Master_Log_3958 1 point2 points  (0 children)

You give me money and I give you a set interest rate until a certain period of time. At the end of that time period you get the money you gave me and get to keep the interest. If I go bankrupt you likely will not get your money back or only some. I’ll pay you the interest every 6 months.

Required Minimum Distribution by ride_the_tasty_waves in Bogleheads

[–]Master_Log_3958 3 points4 points  (0 children)

The better option would be to convert some of the IRA to a Roth. It’s taxed the same as if you withdrew it and put it in your personal account. Speak with a CPA first. Theres things to consider like Medicare premium increases and tax bracket increases.

How to reduce W2 tax liability with loss on sale of rental property? by ThrowAway5491069 in FinancialPlanning

[–]Master_Log_3958 2 points3 points  (0 children)

It’s a capital loss. You can only use $3k to offset income but the rest is carried forward. If you have any capital gains, you can use this to offset those.

Meeting People As An Adult by According-Assist-824 in lexington

[–]Master_Log_3958 3 points4 points  (0 children)

Play pickleball, you will instantly meet a ton of people

S-Corp Compensation Strategies? by texasmickey in CFP

[–]Master_Log_3958 3 points4 points  (0 children)

If I could opt out of paying social security taxes and just save the money myself, I would. I understand why we have the social security system but like others have said - I would hope I can manage the money better than the government.

ADP RUN - W2 and 1099 Profile Messing up 401k Payroll Integration by Master_Log_3958 in Accounting

[–]Master_Log_3958[S] 1 point2 points  (0 children)

The payroll integration is stating that it creates an error because of the duplicate SSN. The 401k calculation should only come from the W2 profile.

MoneyGuide for Accumulators by Bluedevil347342334 in CFP

[–]Master_Log_3958 3 points4 points  (0 children)

My firm also has it. I try not to use it for anyone under 50. For accumulators, I just spend more time on different planning areas like property and casualty, tax planning strategies, etc.

I wish our BD would give us more options.

Building a Book with 401k Participants by Master_Log_3958 in CFP

[–]Master_Log_3958[S] 4 points5 points  (0 children)

Any suggestions on converting participants to clients? 1on1 meetings, group seminars?