Kedrec Wealth

04/06/2026

There’s ongoing debate about fees many financial advisors don’t want to happen.

It’s rooted in one simple question.

How much does it cost to do the job?

I get ETF and Mutual Fund fees.

I get why Hedge Funds are set up a certain way.

But why should a retiree with $2 mil saved pay $20k or so in fees…

And a retiree with $1 mil pay $10k in fees…

When they are probably getting the same services?

(based on the 1% fee model)

Here’s a novel idea: Flat Monthly Fees

In my latest Kiplinger Article, I address why I believe the advisor’s fee structure is outdated.

Your adviser probably uses technology that lets them manage your portfolio at the touch of a button, so why haven't they updated how they charge for their work?

02/12/2025

What's your opinion on debt?

Is it good or bad?

What if there was good debt and bad debt?

What if we stopped using absolutes and superlatives about financial tools and started defining them as they are and how they should be used?

Here's the latest article I wrote for Kiplinger addressing the subject:

Not all debt is bad, but knowing the difference between good debt and bad debt and how to use them can help you get ahead financially and stay ahead.

10/15/2024

It's open enrollment for those with senior healthcare benefits.

There have been many changes to 2925 healthcare plans.

Request your no-cost senior healthcare analysis today.

Click on the link below to request your Senior Healthcare Analysis at no cost today and discover which plan is the right plan for you!

https://plan.kedrec.com/senior-healthcare

09/24/2024

05/20/2024

There's no such thing as a perfect investment, product, or strategy.

People can get themselves into trouble when they don't understand the benefits AND detriments of any given financial decision.

That's why I am launching my new new radio show, Wealth and Everyday Life.

Every weekday at 4 PM ET / 1 PM PT, I will be going live with a more comprehensive and holistic conversation about your wealth, how to create it, and how to maintain it.

Join me today as I launch this new program.

https://www.wealthandeverydaylife.com/

Text your questions to 913-808-2626.

11/02/2023

I find averages deceptive.

You need them to run projections.

However, oversimplification can create blind spots.

Here's my latest podcast on why I think many people may Bb overestimating their retirement plan projections, which could compromise their overall ability to stay retired...

Listen now (21 mins) | Why Many People May Be Overestimating Their Retirement Plan Projections Which Could Compromise Their Overall Ability To Stay Retired... And What To Do Instead

08/24/2023

If you are a real estate investor, make sure you understand what a 1031 exchange is and what your like-kind options are.

It could potentially save you a significant amount of money in taxes.

Here is my latest Kiplinger article that breaks down your like-kind options.

You might have some misconceptions about what kinds of real estate investments qualify for your 1031 exchange. Read on for a definitive list of your like-kind options.

07/28/2023

Budgets don't work because of how rigid they can be.

Whether it's back-to-school season or the December holidays, you should expect to spend more in some months when compared to others.

I had the privilege of speaking with Dia Wall at KSHB / KMCI / The EW Scripps Company yesterday about how parents can better plan for back-to-school expenses.

Here's a clip: https://lnkd.in/gh2G-NxT

Here's an additional tip...

In Missouri, on August 4th, 5th, and 6th, sales tax on school supplies, computers, and clothes are waived up to a certain point.

If you can, and you live in Missouri, try to do your shopping then.

This is "NBC Back to School - Best Days to Buy" by Mike Decker on Vimeo, the home for high quality videos and the people who love them.