Kingdom Wealth Management

08/26/2026

I work closely with Stewardship Investments. This is excellent advice and worth your time to watch. If you would like to discuss income sequencing in retirement to minimize taxes let’s visit!

Most retirees spend decades focused on building wealth, but very fe...

08/22/2026

08/21/2026

Investing is all about discipline. Putting money into your investment accounts regularly and trusting the process to reveal itself down the road is the key to success!

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07/20/2026

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06/28/2026

Vacation homes are fun when you’re so wealthy you can pay someone to maintain it for you. Other than that, they’re usually just another expensive and time consuming headache.

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06/25/2026

The Ethical Will - a wonderful companion to your LEGAL will. Here are some tips from AI:

An ethical will is not a legal document. Instead, it's a personal legacy document that communicates your values, beliefs, life lessons, hopes, and blessings to the people you love. It often becomes one of the most cherished things a family receives after someone dies.

An ethical will may be especially meaningful because it allows you to explain the "why" behind your life—not just who gets what.

A simple structure is:

1. **A loving introduction**

* Explain why you're writing.
* Tell your family what they have meant to you.

2. **Your story**

* Describe where you came from.
* Share pivotal moments, successes, failures, and what they taught you.
* Include stories future generations may never hear otherwise.

3. **Your core values**

* What principles guided your decisions?
* What do you believe about integrity, generosity, work, marriage, parenting, friendships, and serving others?

4. **Your faith**

* How your faith shaped your life.
* Scriptures that became anchors.
* Times God provided or taught you something profound.

5. **Lessons learned**
Some examples:

* Success isn't measured by wealth alone.
* Character compounds like investments.
* Forgive quickly.
* Invest in relationships before possessions.
* Don't let fear make your decisions.

6. **About money**
This is often especially valuable coming from someone with your background in financial planning.
You might discuss:

* Money is a tool, not an identity.
* Live below your means.
* Give generously.
* Avoid unnecessary debt.
* Build wealth to bless others, not merely yourself.

7. **Blessings for each person**
Write directly to:

* Your spouse
* Each child
* Grandchildren
* Even future generations who may someday read it

Tell each person what you admire about them and what you hope for their future.

8. **Family traditions**
Describe traditions worth preserving.
Explain why they matter.

9. **Things you hope your family remembers**
This could be a list of 10–20 short statements such as:

* Love God.
* Love one another.
* Tell the truth.
* Laugh often.
* Be generous.
* Finish what you start.
* Choose integrity over convenience.

10. **Closing blessing**
End with encouragement, gratitude, and hope.

A few writing tips:

* Keep it conversational, as though you're sitting around the dinner table.
* Tell stories rather than simply giving advice—stories are remembered.
* Don't try to sound perfect. Honest accounts of mistakes often become the most impactful sections.
* Consider including photographs or handwritten notes to make it more personal.
* Update it every few years if your perspectives change.

Many ethical wills range from 5 to 25 pages, but length matters less than authenticity.

One thought many people find powerful is to conclude with something like:

> "If my grandchildren remember only one thing about me, I hope it is not what I owned or what I accomplished, but that I loved God, loved my family deeply, and tried to leave every person better than I found them."

That kind of message often becomes a lasting guide for generations.

06/25/2026

Does your spending need a reset?

While the name sounds extreme, no spend or no buy challenges can help you save money and reach your financial goals. Here's how.

06/22/2026

Here’s the actual cost of financing a $70,000 truck right now.

Monthly payment at 7% APR → around $1,200/month
Total paid with interest → over $80,000
Value of that truck in 10 years → roughly $10,000

Now here’s the alternative:

Keep a reliable $10,000 Toyota. No payment. Low insurance. Low maintenance.

Take that $60,000 difference and invest it.

$60,000 invested at 10% average annual returns over 30 years → approximately $480,000 at retirement.

You didn’t just choose a truck over a car.

You chose a depreciating asset over nearly half a million dollars.

The people impressed by your truck don’t pay your bills. And they won’t fund your retirement either.

Drive what gets you there. Invest the rest.

06/11/2026

I’d never say not to own any precious metals, but I know a handful of retirees who have all of their investable assets in physical gold.

What people just don’t seem to realize how volatile the price of gold remains, what they never seem to understand is that gold doesn’t produce any yield like a bond.

My bottom line thought here is: diversify. Or is your great grandfather said, don’t put all your eggs in one basket.

06/09/2026

There’s quite a bit of controversy in the financial planning world over Dave Ramsey’s advice to retirees on how to invest and withdraw in retirement. Full disclosure here, I completely disagree with him on both because I care about my clients as a full time fiduciary.

Dave says invest in an all stock/equity portfolio (high risk) and you’ll get an average of 12% from it…so you can take 8% out annually and still have 4% leftover for inflation or bad years.

He gets his 12% return assumption from a 100 year average return on the S&P. What he doesn’t get is something important called “series of returns” risk.

If you take large withdrawals out of life savings at the beginning of retirement and then we experience another great recession like 2008, there’s a good chance you’re going to run out of money. This is amplified by how your money is invested the more aggressively you invest the more you could lose.

If you get into the middle or end of your retirement and you face another significant market downturn like 2008, it doesn’t hurt you as badly because you’ve had 5 or 10 years to build up the account.

This is the sequence of returns risk. Dave Ramsey has some excellent advice for getting out of debt and staying out of debt. But he doesn’t understand the sequence of return risk, and the investment guidance required for a successful retirement plan.

I, like many prudent advisors, recommend clients invest more conservatively in retirement and take a smaller percentage out as well to preserve their life savings so they don’t run out of money in bad market times.

I want to see a 90% chance of success for clients. Dave not so much.