1/16/2024
“In this episode I talk with Financial Planner Allen Mueller about F.I.R.E – Financial Independence Retire Early. What it is, what it isn’t, how to go about seeking financial independence, and things to consider if you plan to retire early.”
7/12/2023
“I recommend investors stick with broadly diversified investment funds and avoid large positions in single stocks,” says Mueller. “Remember Enron? What about Kodak? Making big bets on individual companies can result in quick gains, but it can also derail your financial plan.”
3/8/2023
“It’s important to remember that choosing winning sectors of the past is easy, but it’s much harder to know the future,” says Allen Mueller, director of financial planning at 7 Saturdays Financial…
2/14/2023
The issue with this, as Allen Mueller, CFA, MBA of 7 Saturdays Financial, puts it, “An advisor expecting clients to be wealthy before they’ll consider working with them is like a personal trainer expecting clients to be fit before their first workout.”
1/18/2023
“You’ll want to hold assets in a Roth that are expected to outperform your other holdings over the long term,” says Allen Mueller, founder and financial planner at 7 Saturdays Financial…
12/26/2022
Allen Mueller, CFA, MBA, Founder and Financial Planner, 7 Saturdays Financial agrees, “The new RMD rules that extend the RMD age past 72 extend the ‘tax planning window’ for strategic Roth conversions and tax gain harvesting”…
12/18/2022
Allen Mueller of 7 Saturdays Financial, points out, “The biggest benefit of a Roth IRA over the long-term is tax-free generational wealth transfer. When a Roth IRA owner dies, the account is inherited by the named beneficiary with zero tax liability”…
12/1/2022
Allen Mueller, CFA, MBA, Founder and Financial Planner, 7 Saturdays Financial, says, “HSAs and HRAs sound very similar but are functionally quite different.
“An HSA is an account that an individual owns and can take with them when they change jobs. The money also rolls over year to year and can be invested, providing a fantastic opportunity to build tax-free wealth”…
11/11/2022
A huge benefit to Raytheon employees is the RAYSIP retirement plan which allows pre-tax, Roth, or after-tax contributions…
7/12/2023
“Aspiring early retirees typically invest 30% to 50% of their income or more,” Allen Mueller, CFA, founder and financial planner at 7 Saturdays Financial, told CBS News.
2/16/2023
“Active funds are run by a fund manager whose objective is to generate a higher return than the index,” says Allen Mueller, CFA, MBA, founder of 7 Saturdays Financial…
2/14/2023
The first question to ask yourself is – “Why did I decide that bonds belong in my portfolio?”
Has that reason changed?
If an asset is part of your financial plan, recent performance shouldn’t affect your decisions…
1/9/2023
Allen Mueller, director of financial planning at 7 Saturdays Financial, notes that CDs are currently making a comeback due to higher interest rates. “Depending on the bank, rates for a 12-month CD can be as high as 4.6% right now,” he says. Investors who commit to a longer term can earn even higher rates…
12/28/2022
We invited three members of an XYPN Mastermind Group, Dillon Cobb, CPA, CFP®, Andrew Gray, CFP®, and Allen Mueller, CFA, MBA, to share how their group has become a gift that “keeps giving” toward their personal and professional successes.
We’ll hear about how the group has become a place of shared strengths and divided weaknesses – kind of like a family. A family whose support betters themselves, their firms, and their clients. It’s impact acceleration at its absolute best…
12/4/2022
Allen Mueller, a Chartered Financial Analyst and Master in Business Administration, recommends looking into tax-loss harvesting.
He explains, “Tax-loss harvest (TLH) positions in a taxable account with unrealized losses. These losses will first offset realized capital gains and then up to $3,000 in ordinary income”…
11/21/2022
Although dividend investing and chasing yield are popular among investors, that focus is fundamentally flawed. It should be considered more of a “feel good” strategy than a good strategy…
11/5/2022
Allen Mueller, CFA, MBA of 7 Saturdays Financial points out, “The biggest benefit of a Roth IRA over the long-term is tax-free generational wealth transfer”…