Dave Wood- Financial Advisor at Boston Harbor Wealth Advisors

07/21/2026

The Corporate Exit Readiness Scorecard...

Wait, what???

Before departing into the sunset, or doing your "own thing", here's a simple checklist:

-Emergency Fund

-Healthcare Strategy

-Retirement Income

-Debt Manageable

-Tax Plan

Many people spend more time planning a two-week vacation than they do planning the transition away from Corporate America. Before you leave, make sure you've stress-tested the financial plan.

07/16/2026

The Midterms are coming, the Midterms are coming!

If you have 5 minutes, I'd give this a read. Some great insights into historical performance of the stock market during these years.

Hint: Stay the Course

Every midterm election year since 1950 in one S&P 500 reference table: the +4.6% average, the September–October bottom zone, and the 19-for-19 rally after.

07/09/2026

Allen Iverson famously said "We're talking about Roth Conversions". No, he actually said "we're talking about practice"....

Allen did not want to address his practice issues with the media.

Clients are bringing up ROTH CONVERSIONS A LOT. Unlike Allen, we are openly fielding these questions and helping provide advice on the topic.

When to Convert. How Much to Convert. For How Long to Convert.

A Roth IRA conversion involves moving assets from other retirement plans into your Roth IRA. Learn how to convert a Roth IRA and whether it's right for you.

07/02/2026

𝐓𝐑𝐔𝐌𝐏 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐒. 𝐒𝐚𝐲 𝐖𝐡𝐚𝐭?!?

They are a new savings and investing vehicle for kids under 18.

Good article on what parents need to know. These accounts go LIVE ON JULY 4th.

Here's a breakdown of how Trump Accounts work, who qualifies for free money and when the funds can be withdrawn.

06/30/2026

𝐖𝐄'𝐑𝐄 𝐆𝐄𝐓𝐓𝐈𝐍𝐆 𝐂𝐑𝐔𝐒𝐇𝐄𝐃 𝐈𝐍 𝐓𝐀𝐗𝐄𝐒!

First of all, I hear you.

Ok, enough of the therapy talk.

What can be done? Here's a useful article on measures you can be taking...

You may be able to lower your taxable income (and lower your tax bracket) with these 8 tips, like maximizing your retirement savings and asset location.

06/25/2026

𝐖𝐡𝐚𝐭 𝐃𝐨: Roth Conversions, Tax-Loss Harvesting, RMDs, IRMAA Surcharges, QCDs, Capital Gains Mgmt, Asset Location, Social Security Timing, Estimated Payments, Estate Planning, Business Deductions, Direct Indexing

ALL Have in Common?

These aren't separate strategies - they're all connected. And they're all part of how we help clients make smarter financial decisions.

06/23/2026

Someone in my town recently won the lottery. So besides calling me FIRST when you win, what else SHOULD you be doing when you WIN.

If you win the lottery, learn from financial professionals (and former winners) about what to do before turning in that winning ticket.

06/18/2026

𝐐𝐮𝐢𝐜𝐤, 𝐈𝐟 𝐈 𝐀𝐬𝐤𝐞𝐝 𝐘𝐨𝐮 𝐖𝐡𝐞𝐫𝐞 𝐘𝐨𝐮𝐫 𝐒𝐩𝐨𝐮𝐬𝐞 𝐖𝐨𝐮𝐥𝐝 𝐋𝐢𝐤𝐞 𝐓𝐨 𝐓𝐫𝐚𝐯𝐞𝐥 𝐈𝐧 𝐑𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭, 𝐇𝐨𝐰 𝐖𝐨𝐮𝐥𝐝 𝐘𝐨𝐮 𝐀𝐧𝐬𝐰𝐞𝐫?

I tried this entertaining exercise the other day on clients. I know them very well, so I knew I could mess with them a bit.

What was fascinating to me is they were SPOT ON.

Wife said, "He would travel New England". Ding ding ding.

Husband said "She would go to Europe". Ding ding ding.

How much can you afford to spend in retirement on travel?

Here's how to budget for leisure expenses in retirement.

06/16/2026

𝐈 𝐃𝐨𝐧’𝐭 𝐍𝐞𝐞𝐝 𝐌𝐲 𝐑𝐌𝐃. 𝐖𝐡𝐚𝐭 𝐂𝐚𝐧 𝐈 𝐃𝐨 𝐖𝐢𝐭𝐡 𝐈𝐭?

You hit "Required Minimum Distribution" age, but don't necessarily need the $. What are your options?

https://www.fidelity.com/learning-center/wealth-management-insights/what-to-do-with-RMDs

If you didn't need the $, what would you do with it?

Strategies to potentially help you manage RMDs you don't need for living expenses.

06/11/2026

𝐈𝐬 𝐓𝐡𝐞𝐫𝐞 𝐚 𝐍𝐞𝐰 𝟒% 𝐒𝐡𝐞𝐫𝐢𝐟𝐟 𝐢𝐧 𝐓𝐨𝐰𝐧?

The 4% rule is a framework for how much you can withdraw from your retirement and still have the money last. Does it still make sense?

Here's an interesting article to look at:

https://www.bankrate.com/retirement/revised-4-percent-rule/

What's your withdrawal rate look like?

The 4% figure was always meant to be the floor for safe withdrawals — and many people can safely spend much more in retirement.