Jonathan Bird, Author at Farnam Financial

Creating a Retirement Withdrawal Plan For Any Situation

By Jonathan Bird April 14, 2022Financial Planning

Jon Guyton is a well-known retirement columnist based in Minneapolis and an expert panelist on retirement for the Wall Street Journal. And it’s Guyton who introduced the concept of a…

How to Endure a Down Market

By Jonathan Bird April 13, 2022Market Strategy

According to an analysis of the S&P 500 by CNBC, since World War II we’ve seen twenty-five market corrections. A correction is defined as a drop of 10 percent or…

Consider Picking An ETF To Save On Portfolio Taxes

By Jonathan Bird April 12, 2022Financial Planning

An index is simply a list of companies like the Dow Jones or S&P 500. An index fund is a product that tracks that list. It can take the form…

Stop Uncle Sam From Biting Into Your Large Traditional IRA

By Jonathan Bird April 11, 2022Financial Planning

Spreading out your lifetime tax bill, by taking small and voluntary tax hits earlier, can be more efficient than waiting and taking big, mandatory tax hits later. Why is this…

How to Quickly Cut Your Portfolio Taxes – Part 2

By Jonathan Bird April 10, 2022Financial Planning

Withdrawal Order I have another client named John, a retired Boeing engineer in his mid-sixties who also lives in California. He also has a brokerage account and an IRA. He…

Person cutting their taxes with scissors

How To Quickly Cut Your Portfolio Taxes

By Jonathan Bird April 9, 2022Uncategorized

Asset Location Dr. Henry, a successful plastic surgeon in Newport Beach, California, came to me seeking help with his financial planning and his portfolio. Like many investors, he had an…

All I Want To Know Is Where I’m Going To Die, So I’ll Never Go There

By Jonathan Bird April 8, 2022Uncategorized

When I spoke with Chuck Schwab that day in his office, our conversation turned to active versus passive management. “You and I both know that 99 percent of investors should…

You May Be Paying Twice What You Thought In Fees – Here’s How to Find Out for Yourself

By Jonathan Bird April 7, 2022Uncategorized

Active mutual funds (funds that try to outperform the market) typically charge a fee 1 percent per year. I’ve found many clients paying the standard 1 percent to their manager…

Evaluating Your Account Performance And Your Advisor

By Jonathan Bird April 6, 2022Insights

I’ve found that when clients ask their stock-picking advisor about their performance lagging the S&P 500, the answer they often get is that they aren’t fully invested in the stock…

Backtesting The Income on Demand Strategy

By Jonathan Bird April 5, 2022Insights

We can’t see what the future will bring—but we can learn from the past. One of my favorite websites is www.portfoliovisualizer. com. It provides a back-testing tool that lets you…