By Darren Wurz As an attorney or law firm owner, you’ve likely spent a lifetime building a successful career and saving for the future. Now that retirement is on the horizon, though, you may be wondering how to turn your hard-earned savings into everyday income. Fortunately, there are a number of strategies to address this question. In this guide, we’ll talk about the top 4 tips for drawing … [Read more...]
From Navy Officer to Law Firm Owner: Maresa Martin Talbert’s Story (Ep. 14)
Maresa Martin Talbert is an attorney and law firm owner with a story you won’t want to miss. She served as an officer in the Navy, used the GI bill to pay for law school, opened her own successful law practice, and plans to retire early! In this episode, Darren speaks with Maresa Talbert, founding attorney at Talbert Law Office, APC, and navy operator, to discuss her journey and the … [Read more...]
Is a Roth or Traditional IRA Better?
By Darren Wurz Investing in an individual retirement account (IRA) is a great way to save for your retirement, especially as an add-on to other tax-advantaged retirement plans like 401(k)s. There are two main types of IRAs: traditional IRA and Roth IRA. While both have their advantages and disadvantages, choosing between them is a decision that should be made in the context of your personal … [Read more...]
What is the Value of My Law Firm? With Serena Amlie, CFA (Ep.13)
When you're deeply involved in the day-to-day operations of managing a law firm, you might not often stop to consider the firm's actual market value. But knowing this value is crucial, whether you're planning for a partnership buy-in, thinking about a future sale, or preparing for retirement. In this detailed guide, we delve into expert insights from Serena Amlie, a business valuation expert at … [Read more...]
Don’t Let Inflation Ruin Your Retirement
By Darren Wurz Two of the prevailing themes of 2022 were the rampant levels of inflation and a looming recession. The year may be in the rearview, but concerns over inflation certainly are not. Everything from filling up your gas tank to purchasing everyday necessities has become significantly more expensive, creating major stress for those who are nearing retirement, even if they have been in … [Read more...]
Planning for Law Firm Succession with Thomas Cuni (Ep. 12)
As a business owner, growing your law firm is one of your priorities. However, what happens when you’re ready to retire or sell your business, do you have a succession plan? In this episode, Darren Wurz talks with Thomas Cuni from Cuni, Ferguson & LeVay Co., L.P.A. He discusses the importance of having a succession plan and why money isn’t everything when it comes to lawyers deciding when … [Read more...]
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