Posted by: Joseph Kuo | August 5, 2019
I recently attended an Institute of Functional Medicine conference in Texas. You might be wondering, “What is a financial planner doing at a functional medicine event?” Indeed, many asked me this… Read More
Posted by: Joseph Kuo | May 1, 2019
How much help is enough and how much is too much? As a financial planner, I see parents wrestling with this question. Many parents want to help their kids financially, while also wanting their kids… Read More
Posted by: Joseph Kuo | April 3, 2019
Broadly speaking, when we talk about retirement savings vehicles, we mean financial accounts that allow for tax deferral or, rarely, permanent tax deferral (i.e. tax-free). The idea is, since there is a tax advantage to… Read More
Posted by: Joseph Kuo | March 11, 2019
My understanding of mindfulness centers around the following: Focusing on now instead of being stuck in the past or worrying about tomorrow. It is easy to see, logically, that we cannot change the past and… Read More
Posted by: Joseph Kuo | March 4, 2019
Occasionally, I have clients who tell me that they don’t have assets over $10m (or $20m for a married couple) so they don’t need estate planning. There is a misconception that estate planning is primarily… Read More
Posted by: Joseph Kuo | February 18, 2019
Over the past 2 decades, there has been an increasing emphasis on the importance of mindset. There are many subtleties to this, and I will not attempt to swim into all the details here. However,… Read More
Posted by: Joseph Kuo | February 11, 2019
First, let me acknowledge that there are many insurance products designed to address different situations. However, we can generally separate life insurance policies between term-life and permanent-life. As many may already know, term-life is for… Read More
Posted by: Joseph Kuo | February 6, 2019
Over the years, I have realized 3 important factors to successful planning, both professionally and personally. Understanding that the process of successful planning is more important than the plan itself. In the fast-paced world of today, most plans are obsolete… Read More
Posted by: Joseph Kuo | January 21, 2019
At Abundance Wealth Planning, we approach financial planning guided by the truth that people want to live happy, meaningful lives. Lives based on their own standards of what happiness and meaningful mean. While some may… Read More
Posted by: Joseph Kuo | December 12, 2018
Before we get started, let me clarify that most of these options provide more benefits to businesses on cash basis accounting, rather than accrual method accounting. If you are not familiar with accrual method accounting,… Read More