Jim White, CFP®, EA, Author at Great Oak Wealth Management

9 Ways to Teach Kids Financial Responsibility

Children learn a lot of things in high school and college. Unfortunately, financial responsibility is usually not one of them. […]

Most people know they need life insurance but don’t know how much. If you have loved ones you want to

When most people think of retirement savings, they think of 401(k)s, IRAs, and other retirement accounts. What about your home

Which is more important, saving for retirement or your children’s college tuition? From a financial standpoint, the answer is clear

If you have to worry about taxes in retirement, that’s a good thing. Why? It means you’ve done your part

4%, 6%, or 10% of your income. Which number sounds good to you? Is saving for retirement just picking a

A defined benefit plan, or pension plan, provides a guaranteed benefit at the participant’s retirement. Pension plans are a dying

As an owner of a small business, your focus is to ensure its long-term success. Often, that’s to the detriment

Disability insurance. Now, that is a riveting topic. No, it’s not exciting or flashy, but it is necessary. Don’t you

Rarely does anyone ever pay gift taxes. That’s right. You probably will never have to pay a gift tax. Ever!