Jonathan Bird, Author at Farnam Financial

The Top 4 Retirement Planning Mistakes to Avoid

By Jonathan Bird August 15, 2023Financial Planning

"Learn from the mistakes of others. You can't live long enough to make them all yourself." — Eleanor Roosevelt. While no two retirements are the same, the reality is that…

Net Worth: A Comprehensive Guide to Tracking and Improving Your Financial Health

By Jonathan Bird June 20, 2023Financial Planning

Net worth is the total value of all of your assets minus any outstanding debts. Tracking your net worth is crucial for gaining a comprehensive view of your financial health,…

The US Debt Ceiling and Your Retirement: What You Need To Know

By Jonathan Bird May 25, 2023Insights

The debt ceiling crisis has once again captured headlines, raising concerns about the potential consequences for the economy. As discussions intensify ahead of June 1st, it's important to understand the…

A Written Budget Brings Financial Security and Peace of Mind

By Jonathan Bird May 2, 2023Financial Planning

A Written Budget Brings Financial Security and Peace of Mind: How to easily create your own (we did the work for you!) Creating and following a written budget is an…

How To Use Your 401k to Make Money and Lower Your Taxes

By Jonathan Bird April 26, 2023Financial Planning, Insights

How To Use Your 401k to Make Money and Lower Your Taxes A 401(k) is one of the best tools for retirement savings, offering tax-deferred growth and a potential employer…

Retired couple working on their financial plan

Cut Your Tax Bill: Lower Your Taxes with Roth Conversions

By Jonathan Bird April 10, 2023Financial Planning1 Comment

A Roth conversion converts funds from a Traditional retirement plan into a Roth IRA. You can potentially lower your tax bill with Roth conversions by doing Roth conversions at a…

Retiree working on tax plan with advisor

Guide to Retirement Income

By Jonathan Bird March 28, 2023Financial Planning

Retirement can be one of the most rewarding and exciting times in a person’s life, but it also comes with unique challenges. One of the most significant is transitioning from…

Guide To Tax Planning In Retirement

By Jonathan Bird March 27, 2023Financial Planning

Tax planning is important because it affects your ability to give, spend, and how much you leave to your beneficiaries. With the right strategies, retirees can save thousands of dollars…

How and Why to Use Arizona Tax Credits

By Jonathan Bird March 27, 2023Financial Planning

Saving on Taxes with Arizona Tax Credit Programs As a Certified Financial Planner®, I put a lot of focus on tax planning for my clients. The goal is to keep…

15 questions to ask your financial advisor

By Jonathan Bird March 24, 2023Financial Planning

There are 263,000 financial advisors in the United States. In a lot of ways, each one is different. While many may share investment philosophy, credentials, fee structure and other…