The Abundance Mindset

How do you make an efficient plan for near term and long term taxes in an uncertain legislative environment? 2025 has several uncertainties around what taxes will look like as we peer into 2026. Join us for a discussion on how we evaluate near term and long term tax impact and how we effectively plan throughout periods of uncertainty. Contact: Ben@abundancewm.com Website: Abundance Wealth Manageme...

It's April 7, 2025, and the market has corrected downward significantly in the last several weeks and particularly in the last several business days. As an investor with a portion of your net worth placed in the market, how should you think about and react to market volatility like what we're experiencing right now? I'll walk through an overview of current circumstances, contextualize today throug...

We hear a lot of questions and opinions about investment management. In this episode we break down different definitions of investment management, run those services through our "value vs. price" filter, and talk about what investment management means at Abundance in detail. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines DISCLAIMER The d...

To rollover or not to rollover... It shouldn't be a surprise by now to learn that the answer depends on your individual circumstances. We peel back the advantages and disadvantages of aggregating retirement accounts within IRA / Roth IRA environments and discuss some of the circumstances that could point an individual in one direction over another. Contact: Ben@abundancewm.com Website: Abundance W...

Good exit planning is good business planning. Regardless of where you find yourself in the lifecycle of your business, there are insights from this conversation that you can apply to your business strategy, even if you're decades from selling. If you're closer to a prospective sale, Ryan walks through the myriad of considerations you will want to take into account throughout the sale of a business...

In the fourth part of our series focused on planning for business owners, we discuss Defined Benefit (e.g., pension) plans which - when properly set up with businesses that are a good fit for the plan - can enable much higher contribution potential than Defined Contribution (e.g., 401(k)) plans. Join us to explore the factors business owners should consider when evaluating the options available to...

401(k)s might seem like a one size fits all retirement plan from the outside, but there's an incredible amount of customization that can be put into them, AND the vendors involved in creating and maintaining a plan can differ vastly in their structure and fees. This episode is built to help business owners understand and evaluate what it takes to select and implement a 401(k) that meets their goal...

We're kicking off 2025 with a series designed with the small business owner in mind! 2025 is another big year of retirement plan updates and upgrades, and we don't want to leave you without resources. In this foundational episode, we discuss the more simple/easy retirement plans most business owners start with (SIMPLE IRA, SEP IRA, Solo 401(k)). We then talk about the signs to look for that sugges...

Business ownership is a huge variable in a financial plan and creates nuances and opportunities in the personal financial planning of the business owner. We kick off our small business owner series with a discussion on the four ways business owners should evaluate their personal financial planning differently in light of their business. Contact: Ben@abundancewm.com Website: Abundance Wealth Manage...

Generosity to qualified charities is an inherently tax advantaged activity in our current tax code, but not every generous action is equally tax efficient. In this episode, we talk about Donor Advised Funds and how they can be leveraged to make your generosity agenda even more tax effective. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines...

Most of us are all too familiar with tax filing, but how much tax planning have you done? We spend some time in this short episode digging into some of the concepts included in tax planning and discuss how they can powerfully impact an overall financial plan. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines DISCLAIMER The discussions conta...

We don't love paying taxes, but we love talking about them! This episode double clicks on a strategy we've already spoken about in other episodes, aiming to provide some more in depth insight on this strategy and the variables that influence it. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines DISCLAIMER The discussions contained in and re...

In this episode, we analyze the last 100 years of market data overlayed with the timing of US Presidential Elections, discussing the economic and policy variables that do (or don't) historically move the market. We then shift into a discussion on currently proposed policy by both candidates and the effect that policy decisions have on how we do financial planning. Contact: Ben@abundancewm.com Webs...

We sometimes get this question (in so many words) from people we speak with who want to know what independence truly means for a financial advisor. So - in this episode - we discuss the key vendors we are truly dependent on for technology, operations, and legal/compliance. We also articulate how the services we contract with these vendors for don't inhibit our independence in how we offer service...

In this episode, we dig into 529 College Savings Plans to help shed light on exactly how these accounts work and to inform listeners on how to most productively evaluate them within your own financial plan. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines DISCLAIMER The discussions contained in and referred to in this podcast are provided...

There's a lot of jargon in the financial industry, and not every term or designation a financial professional might claim is equal in value (far from it!). In this quick episode, we step through common terms and designations applied to financial professionals and provide insight on the terms that really help you determine the quality of advice you're receiving. Contact: Ben@abundancewm.com Website...

Continuing with our recent episodes on money mindsets, we explore a framework we've been discussing a lot recently around evaluating value for price. There's a lot to dig into here philosophically - and we then spend some time practically applying it to the financial planning space. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines DISCLAIM...

In this episode, we step through our own personal stories and experiences around money to extrapolate widely applicable mindsets and principles. Wherever you are in your journey and relationship with money, we hope this feels relatable and helpful. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines DISCLAIMER The discussions contained in and...

This is a great episode if you're either considering financial planning or are currently evaluating financial planners. We dive deep into our own process to provide a comparison point for people trying to understand what they could/should get from a comprehensive financial planning experience. Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nin...

Many people begin to accrue different forms of equity compensation as they progress in their careers, yet these forms of compensation are much more complicated than simple paychecks and cash bonuses. In this episode, we aim to educate broadly on the different ways equity compensation can be structured, describe how to most efficiently leverage these offerings, and share common mistakes and pitfall...

There are a lot of powerful federal tax credits available right now for those interested in energy efficient home upgrades, electric vehicles, and clean energy. In this episode, we discuss some general education around tax credits and managing tax liability. Then we break down credits that are currently available and give some tips to help ensure they're evaluated and implemented correctly. IRS so...

The finance industry can be confusing (and frankly intimidating sometimes) when trying to determine what fees you're paying and what value you're getting in exchange for those fees. In this episode, we specifically dig into fees associated with investments and articulate the different types of value you're purchasing through these fees. We also explore the varying levels of "reasonableness" on fee...

Drake Friesen, Owner of Cinch Accounting, joins us for a deep discussion on the ways tax professionals and financial advisors can work together and enhance each others' services. This episode includes a plethora of things to look for as a professional to help determine if you're obtaining the level expertise from financial professionals that you need based on where you are in your financial life a...

We take a step away from some of the lighter topics of financial planning to share about one of the most common and dangerous risks we often see in financial plans for young professionals - under-coverage (or lack of coverage) for Long Term Disability events. We outline how Long Term Disability insurance policies work, how to evaluate what benefits you may already have through your employer, and h...

As an addition to our recent episode on 401(k)s (Episode 2), we dive deeper into a niche strategy that some employers have made available for their employees, enabling them to contribute far more than the typical 401(k) contribution limit ($23,000 in 2024). Contact: Ben@abundancewm.com Website: Abundance Wealth Management Show music: Can We Go by The Violet Nines DISCLAIMER The discussions contain...