Welcome to Vault's blog. The intent of our blog is to provide commentary on many things going on in the world and how they will impact your investment decisions. A recurring theme that you will see throughout: Do not react to everything that you see on social media and the 24 hour news cycle. Generally, we encourage our clients not to listen to the day to day noise. Set your long term investment parameters and act accordingly, but do not make emotional decisions based on today's headline.
Your 4% Withdrawal Strategy May Not Be Enough
YOUR 4% WITHDRAWAL STRATEGY MAY NOT BE ENOUGH Get the Tax Guidance You Need to Help Live the Retirement You Desire There’s a lot of concern among industry experts about whether the popular 4% withdrawal rule can provide enough income...Read More
What is happening with Gamestop Stock?
Gamestop stock opened up the year just over $17 / share, it traded as high as $380 / share by 1/27/2021. Is Gamestop the next big thing? Is it another Amazon? The quick answer is no. In our opinion, Gamestop is closer to the next...Read More
Tech isn't tech anymore
During turbulent times you often hear cliches. One of my least favorite sayings is "This time it's different", generally followed by some really awful financial advice. The good news is that I am not here for that. I do, however, want...Read More
"Navigating the Coronavirus" - A Pilot's Guide
As a former corporate pilot of ten years, I am devastated to see what COVID-19 has done to an industry that remains very close to my heart. If you would had told me six months ago that planes would be parked and that massive amounts of...Read More
Important CARES Act SBA Provisions for small business relief from COVID-19
In response to the COVID-19 epidemic, the Federal Government has passed a $2 trillion emergency fiscal stimulus package in order to help offset the economic impact to individuals and small business. We would like to give an overview of...Read More
"The World Only Ends Once" My thoughts on COVID-19
“The World Only Ends Once” My thoughts on COVID-19 This is a scary time in the world. We are facing a global pandemic. Borders are closing. Markets have fallen. The economy is at a standstill as people have stopped going to...Read More
Common Wealth Management Issues & How to Solve Them
We all struggle ensuring we have properly prepared ourselves for financial inevitabilities in life. Financial experts have determined that there are eight wealth management issues for which most people need to be prepared. While not...Read More
Filing Taxes? Don't Miss These Important Tax Deductions!
Tax season is in full swing, and we know you are looking for the best tax deductions. With all the changes in tax laws effective this year, it can seem overwhelming to file on your own and make sure you are not missing any important...Read More
Will My Tax Refund Be Delayed Due to Government Shutdown?
On December 22nd, we entered into a partial government shutdown. This shutdown has had a far-reaching effect, much of which we have not fully felt just yet. Due to the shutdown, approximately 800,000 federal employees are working...Read More
How Close Are You to Your Actual Retirement Goals?
Everyone works many, many years in order to plan for and secure their retirement. When looking to plan for your retirement, there are a number of things that you will need to keep in mind. These include things such as the exact amount...Read More
End Of Year Tax Tips
Each year there are changes to the tax code, and this year was no exception. This often leaves many people wondering about the best way to handle their tax situation. There are a few things people can do toward the end of the year to...Read More
Wealth Management Tips Everyone Should Know
The term wealth management can be intimidating for some people. It can bring to mind thoughts of difficult financial workings and deep-rooted fears and misconceptions about money. In reality, wealth management doesn't have to be hard....Read More
4 Tax Management Tips in Palm Beach Gardens
Every year at tax time, it’s the same. You promise yourself that you will be prepared for tax season only to end up filing for an extension and ultimately paying late. There is a way to avoid the sting of adding a five percent...Read More
How to Retire Without Financial Worry
According to a Government Accountability Office study released in 2015, approximately 52 percent of households 55 and older have no retirement savings. This staggering number of soon-to-be retirees without a nest egg is concerning, and...Read More
Where Should I Go to Get Last-Minute Taxes Done?
When tax season comes, it's easy to procrastinate. Even if your taxes are due by the end of day, there is always someone available to handle last-minute filings. Your main task is to find the right professional for assistance. Hire a...Read More
What to Prepare for Your Tax Prep Professional
Doing your taxes doesn’t have to be a chore. In fact, with a little prep each month leading up to your taxes, you can have everything you need ready for a tax preparer to complete this task for you. See the list of paperwork you...Read More
5 Reasons to Hire a Tax Prep Expert
Filing your taxes is a hassle. At least, it is when you don’t have someone there to help you understand how to get the most back, or what you need to show or do to get there. Here are five simple reasons you need a tax...Read More
Income Tax Returns Can Be Filed in Less Than 2 Months – Are You Ready?
The year 2018 is rapidly approaching with another tax filing season beginning shortly after we kick off the year! Unless helping people with their taxes is your calling, you’re probably not really looking forward to it like we...Read More
7 Great Reasons to Hire a Financial Advisor
You have a job and financial responsibilities and have come so far in life without needing any professional financial direction. You may be in a very good place right now, and that’s great! However, one myth we’re going to...Read More
Why Your Investment Portfolio Should Become More Conservative as You Get Older
A wise man once said, “It is better to make your money work for you rather than working for your money.” If you wonder what this means, it is time for you to consult with a wealth management specialist. Whether you are...Read More
Saving for Your Child's College Education
With summer rapidly coming to a close, all of us parents find ourselves scrambling to the local mega store to snag essential back-to-school items. We’re in search of the best deals on backpacks and lunch bags, and on a wild-goose...Read More
Top 3 Mistakes Made When Planning for Retirement
Retirement is exciting! It’s a time to slow down and appreciate life, your hard-earned savings, and those you love. You work diligently all your adult life for this, and the time off is well deserved. Unfortunately, many retirees...Read More
Wealth Management Makes Your Dream Vacation a Reality
Have you ever envied a friend, co-worker, or family member who is seemingly always getting away, exploring the endless beauties of our world, and accomplishing one dream vacation after another? How is that possible? Who has the money...Read More
How Much Money Can a Tax Professional Save You on Average?
It’s time once again for Uncle Sam to check through your financials and find out whether you are due a tax refund or need to pay in additional money. You may be overwhelmed with the many options available to prepare and file your...Read More
Recent Stock Market Correction
I would like to take this opportunity to explain the market correction that occurred August 24, 2015. A market correction is defined as a peak to trough slide in excess of 10%. Over the history of U.S. equity markets, corrections have...Read More
President of Vault in need of donations to make bail for the MDA Lock-Up fundraiser!
Please help! Vault's president needs to collect $4000 to make bail and support the Muscular Dystrophy Association (MDA). He is participating in the Northern Palm Beach Executive Lock-Up fundraiser for 2014. All donations are...Read More
Turmoil in Israel / Gaza; Unrest in Ukraine; Tensions between the US and Russia; What should I do?
Everywhere you look there is trouble in the world today. The situation in Israel and Gaza has been escalating. Russia seems to be further isolating itself from the West. Fighting in Ukraine continues. What effect will this have on your...Read More
Dow hits all time highs, over 17,000. What should I do?
There has been a lot of press lately regarding the Dow Jones Industrial Average reaching all time highs. A question that we get quite often is what should I do? Some people are afraid of impending doom and want to sell. Others see the...Read More