Comprehensive Guide to Planning for Health Care Costs in Retirement
Planning for health care costs in retirement is one of the most challenging aspects of financial planning. Health care spending has consistently outpaced overall inflation, and many retirees are caught off guard by how much they’ll need to budget for medical expenses. So how much should you expect to spend on health insurance? What will…
Understanding Washington State’s 2025 Tax Increases: What You Need to Know
On May 20, 2025, Governor Bob Ferguson signed a sweeping series of tax increases into law to address a projected $16 billion budget shortfall in Washington State. These changes, which span everything from capital gains and estate taxes to sales and gas taxes, will have a broad impact on individuals, business owners, and investors. Below…
Woodinville B&O Tax Advantage for Business Owners
As a business owner in Woodinville, Washington, you have a significant financial advantage that many neighboring businesses don’t enjoy: Woodinville does NOT impose a local Business & Occupation (B&O) tax. Unlike businesses in Seattle, Bellevue, and Everett that face additional local taxation, your Woodinville business pays only the state B&O tax—keeping more of your hard-earned…
How to Integrate Rental Real Estate into Your Retirement Plan
If you’ve spent years building a rental property portfolio, you might be wondering how to best integrate it into your retirement planning. Should you focus solely on the cash flow it generates, or are there other ways to leverage it for a secure and comfortable retirement? Let’s break it down. In this post, I’ll walk…
2025 Microsoft Mega Backdoor Roth
If you’re a Microsoft employee looking to maximize your retirement savings, one of the most powerful tools at your disposal is the Mega Backdoor Roth. This strategy allows you to contribute an additional $34,750 to a Roth account in 2025, regardless of your income level. The best part? Roth accounts offer tax-free growth and tax-free…
