Financial planning is the heart of building and protecting wealth. Taking the time to work through financial planning ideas and scenarios is a key way that we can stay on track. To that end, Bluemound has partnered with MoneyGuide, the leader in financial planning software in America.

Money Guide

All clients have access to the powerful MoneyGuide software when you become a Bluemound client. DIY investors who subscribe to my investment letter Fundamental Trends also have access.

With this powerful software, you will have the ability to log into an easy to navigate online portal, enter your data in a secure setting, look at tax scenarios, do investment simulations, build a retirement income plan and more. See the brochures at the bottom of this page.

MoneyGuide allows us to collaborate on your financial planning in an interactive, efficient and low cost way.

Clients see the login link in the menu when you are logged in.

4 Easy Steps To Building Wealth

To begin building your wealth, there is one simple premise, spend less than you earn. While that is difficult sometimes and often requires short-term sacrifice, the long-term benefits are immense. Register for access to my special report: 4 Easy Steps To Building Wealth

The short story is in these 4 must do steps:

  1. Spend no more than 40% of your income on housing expenses, INCLUDING, mortgage or rent, taxes, fees, utilities and insurance. Do not let a mortgage broker talk you into a mortgage above 30% of your income.
  2. Get out of personal debt and then start investing at least 20% of your income.
  3. Spend no more than 10% of your income on transportation costs, i.e. car payment, fuel and insurance.
  4. Live your life, explore the world, find your place in the universe with what you have left.

This can be simplified even more in this thought. If you don't overspend on housing and cars, plus sock away 20-30% of your income into investments, you're going to get way ahead quick, which will enable you to do all the things that you want to do. This is similar to the F.I.R.E. movement that is has emerged in recent years, except I've been coaching it since the 1990s.

Retire Well, Worry Less

Protecting wealth and generating income are core parts of retirement. But, keeping growth alive because we are going to live a long time is important too. Also, many want to leave something to inheritance.

Thinking through how to build a retirement income strategy without losing growth is a core component of financial planning for retirement. Register for access to my special report: Retire Well, Worry Less

The most important idea for retirement investors is not to make big mistakes. I cover the biggest retirement mistakes in Retire Well, Worry Less.

Let's Get Started On Your Financial Plan

All of these ideas and more factor into smart financial planning. Using our interactive approach with MoneyGuide is an easy to use solution that offers many looks that the scenarios that you could face. I work with you as needed to incorporate your financial planning with your investment plan.

Contact me about becoming a client and getting access to our powerful financial planning approach.