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Amy Goan, MBA, CFP®
18708 SE 45th St., Issaquah, WA 98027

Interesting Reading


"All Your Worth-The Ultimate Lifetime Money Plan" by Elizabeth Warren and Amelia Warren Tyagi

This is my go-to book for anyone who wants to take charge of their finances. It's straight-forward, easy to read, and very upbeat. Although I don't share the authors' low opinion of all financial advisors (some of us are okay!), I very much agree with their strategies for taking control of your personal finances.





"Happy Money: The Science of Smarter Spending" by Elizabeth Dunn and Michael Norton

We all spend money. But do we do so wisely, so as to maximize the happiness it can bring to us? "Happy Money" by Dunn and Norton discusses the links between money and happiness. Although financial planners focus on using your money to get more money, maybe it's time to focus on using your money to get more happiness.

The authors believe there are five principles to spending that will maximize your happiness:

  1. Buy Experiences
  2. Make It a Treat
  3. Buy Time
  4. Pay Now, Consume Later
  5. Invest in Others

I found that this book reminded me of a lot of things I already knew, but that doesn't mean I didn't need reminding. The authors' sly sense of humor gave me a few chuckles and made the book an enjoyable read. I hope you'll agree!


Estate Planning

"Don’t Transfer Ownership of Your House to Your Kids Before You Read This " by Jenny Ling, PLLC

Jenny Ling, a local attorney, wrote this article in her October 2018 Newsletter, which I found very useful. We all want to avoid paying unnecessary taxes or medical costs, allowing us to pass more money to our kids when we die. However, as Jenny explains, transferring ownership of your house to your kids isn't the best way to do this.

To read Jenny's take on this topic, click here.



"The Investment Answer" by Daniel C. Goldie and Gordon S. Murray

I just listened to "The Investment Answer" by Daniel C. Goldie and Gordon S. Murray, which was recommended by a client. (Thanks, Mike!) I believe their views on how people should approach long-term investing are right on the money. (Pardon the pun!) You can read this book in one sitting, or listen to it in its entirety in just 45 minutes. 





"How to Make Your Money Last: The Indispensable Retirement Guide" by Jane Bryant Quinn

I love this book! I think that everyone who's close to retirement, or in retirement, will benefit from reading this book. You can read it all the way through, or just go to the specific areas you have questions about at the moment. Ms. Quinn's years of researching personal finance are summarized in this book, which boils complex issues down to what you need to know.





"The 5 Years Before You Retire" by Emily Guy Birken

For anyone who finds themselves 5-10 years away from retirement, I'd have to recommend this book.

Its worksheets take you step-by-step through such topics as budgeting now and how much money you'll need in retirement. It also does a great job of explaining the incredibly complex issues of Social Security, Medicare, and the Affordable Care Act.


Living on Investment Income in Retirement, Part IV: Creating a Smart Withdrawal Plan

I think this article, written by Eleanor Blayney, CFP®, clearly explains why choosing the right account from which to withdraw during retirement is so important. >> Read The Article


Social Security: What professional women need to know

Although the title implies the article is just for women, the same social security claiming rules apply to men, too! I always enjoy reading Mary Beth Franklin's articles on social security.>> Read The Article




I Just Bought A House!

This blog post by fellow advisor in Iowa, Carrie Houchins-Witt CFP® / EA, describes how home ownership can help take a bite out of your tax bill.



Where To Find Hourly Financial Planners

William Baldwin  wrote an article in Forbes, where he compiled a list of hourly financial planners across the country. Guess who made the list?! wink

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