Twin Cities Wealth Minute

It's easy to think of a retirement account as one big pile of money.

But in reality, different dollars often have different jobs.

At first, it sounds like a terrible idea.

Someone voluntarily pays taxes... when they could have delayed them.

Why would anyone do that?

There's a particular kind of garage that tells a whole story.

A half-built shelf in the corner.

Paint cans from a room that was going to get "freshened up."

That box of parts from an unfinished project that you were absolutely going to finish at s... more

There's a line item that appears in almost no retirement plan: family.

Not the family you're building a legacy for. The family that needs something now.

If you're the financially stable one in your family - and you've worked hard to get there - the... more

There's a pattern I see regularly in people who are close to retirement.

Everything's all set on paper. Their plans are in order.

Yet when it finally comes time to pull the trigger and actually retire, something holds them back.

There's a question that surprisingly few people ask before working with a financial advisor.

How do you get paid?

It sounds simple, but the answer is more layered than most people expect - and it matters more than you might think!

I've spent a long time as a Financial Planner.

And every so often, I find myself thinking about what I'd go back and say - not to clients, but to my younger self, just starting to think seriously about retirement.

It wouldn't be about picking the r... more

It's easy to think about financial risk in terms of market losses or bad investments.

But there's another kind of cost that's harder to measure and easier to overlook.