Mattson Financial Blog

Recent Posts

Who Are TAMRA and TEFRA and Why Should I Care?

In the 1960s and into the early ‘70s, wealthy individuals would buy life insurance policies and throw a million dollars into it. Then, after they passed, the money from the policy would be paid out tax free. After the ‘70s, the government figured out this loophole that allowed the transfer of wealth without incurring any… View Article

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Now Where Do We Go?

You might be like my wife, Nancy, and I: You planned a dream trip, then COVID-19 took it away. As a result, you may have found more time to do things around the home, like starting that garden, painting that room, or cleaning the garage. You may have finally got that honey-do list done! Of… View Article

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Say Hello to the New Normal

The good news is that we are finally past what felt like the longest March, April, and May. As the economy opens back and people go back to work, it’s important to understand what effect the next few months will have on you as you prepare to enter retirement or if you are already in… View Article

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Are You Prepared for the Future?

As our client, there’s one thing you probably know for fact: When you take your last breath and leave this world, something of your estate is left over. But is this “something” you want to give to the federal government in the form of taxes or to family members and your favorite charities? This is… View Article

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Beyond the Boat: What Is Your Lifestyle Going to Be Like in Each Stage of Retirement?

As you get ready to retire, you’re probably looking forward to enjoying newfound freedom. In retirement, you won’t have to punch in every day or drive to work in miserable weather. Your retirement savings will give you the ability to pursue a whole new lifestyle. In your ideal retirement, you may plan to bask in… View Article

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Are Your Accounts Really Up to Date? What You Need to Do for Your Heirs

Do things really happen in threes? This was a question we asked ourselves earlier this year. We were surprised, shocked, and saddened when we learned of the passing of three clients. We thought, “Okay, it’s done. These things happen in threes.” Then we learned three more clients had passed away, bringing us to a total… View Article

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We’ll Always have Steak and Lobster: A Dinner to Remember

Generally, I don’t like to pass along personal client stories unless I have specific written consent by the client. Recently, a client asked me to share their story — a story set in the month of February and on Valentine’s Day. For the past 27 years, our client has taken his wife to a steak… View Article

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