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Advisor Services

  • Financial Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
  • Portfolio Management
    • -Individuals and/or Small Businesses


Funds Used With Clients

There are no funds listed for this advisor at this time.

Firm Client types



No timeline events available.
Employer Years Dates
Learnvest Planning Services, LLC. 7 years, 9 months Jul 2012 - Present
Integrity Financial Planning 21 years, 10 months Jun 1998 - Present
Integrity Financial Planning 21 years, 10 months Jun 1998 - Present

Designations & Memberships

  • Certified Financial Planner
    Certified Financial Planner
    A standard certification for advisors, designees are exposed to nearly 100 topics on integrated financial planning. Major topics include, but not limited to: insurance, employee benefits, securities, state and federal tax, estate tax and planning, asset protection, etc.
  • Certified Retirement Counselor
    Certified Retirement Counselor
    Bachelors degree or equivalent with two years relevant professional experience (within the past five years) or high school diploma or equivalent with five years relevant professional experience (within the past seven years); Passing a background check.

Articles and Answers

Insights by Michael Wilson

Basic Tools Yield Positive Results
Published 2012-07-16 07:43:15
Small Savings Now = Big Payoffs Later
Published 2012-10-08 08:08:45
Is Cash King in Retirement?
Published 2012-09-24 06:54:19
Fun with Investment Math
Published 2012-10-01 07:16:35
401k Loans Are a Bad Deal
Published 2012-09-17 07:18:35
Retirement Challenges for Women Only
Published 2012-09-10 06:30:34
A Tax-Smart Strategy for Tapping Your IRA
Published 2012-09-03 08:17:50
Retirement Myth: Never Spend Your Principal
Published 2012-08-27 06:21:42
Retirement Withdrawal Rates
Published 2012-08-13 08:27:54
Take Your Lump Sum and Run!
Published 2012-07-23 08:26:27
The Three Most Important Retirement Risks
Published 2012-07-02 10:52:55
The Last Straw for Retirement
Published 2012-05-07 07:51:51
A Picture Is Worth A Thousand Dollars
Published 2012-05-03 06:27:12
Retirement In-Security?
Published 2012-04-30 07:02:24
The Dangers of Holding Too Much Company Stock
Published 2012-04-23 08:15:25
Changing Jobs? Lay Off Your Retirement Account
Published 2012-04-19 06:47:39
So What's the Smart Retirement Money Doing?
Published 2012-04-16 07:47:48
Avoiding Retirement Portfolio Losses
Published 2012-04-09 08:05:44
Do I Have Enough to Retire?
Published 2012-04-05 06:56:24
Making Your Money Last in Retirement
Published 2012-03-26 08:33:23
A Rollover Primer Part 2: Age 55 to 59 1/2
Published 2012-03-12 06:51:59
A Rollover Primer Part 1: Age 55 and Under
Published 2012-03-08 12:47:45
    *Articles are published by advisors without compensation.


    Ask a financial questionAsk a question
    When should I convert my deferred annuity to an immediate annuity?
    Hi Walter, as a general rule, the longer you can wait to convert ("annuitize") your deferred annuity to an immediate annuity, the higher your payout will be. So if you already have enough income now to meet your expenses, waiting may make sense simply because you don't need the extra income. You mig...  (more)
    Answered Apr 2012
    On average, how much of my stock portfolio should be in international stocks?
    Hi Ian, at the end of 2011, the total value of all stocks on all the various world markets was around $47 trillion. The US stock market represents about $16 billion of that total, or about 1/3rd of world stock. So one could argue that a truly globally diversified stock portfolio should be 67% intern...  (more)
    Answered Apr 2012
    Invest at home or invest abroad?
    Hi Miguel, the short answer to your question: both places! Markets, economies, currencies and countries cycle in and out of favor over time, but it's very hard to predict accurately when it's "time" to invest in one place or move on to the next. So rather than try to guess which geographical area is...  (more)
    Answered May 2012
    Pension payout options?
    Hi Francisca, I think your question is going to be more and more common as companies and state/local governments consider reducing pension benefits due to revenue/expense problems. There are pros and cons to both of the approaches you mention.On the lump sum side, tax is an immediate concern. Usual...  (more)
    Answered Jun 2012
    Are lower expenses the main benefits of index funds?
    Hi Esther, that's one of the key benefits. By some estimates, index fund costs can be 60-80% less than actively-managed mutual funds (where the fund manager is trying to beat the market). But another benefit is tax efficiency. The component stocks inside an index fund typically don't change much du...  (more)
    Answered Jun 2012
    How much will I earn on my 401k investments? How do I use a retirement calculator?
    Hi Monique, I'd suggest that rather than focus on an expected % return rate, focus instead on your saving % rate. The reason why is that you cannot control what rate of return you will earn over time, as the markets are simply unpredictable. But you can absolutely control how much you save for retir...  (more)
    Answered Jul 2012
    What are some indicators that I may need to revisit the construction of my portfolio?
    Hi Marvin, my stock answer (pardon the pun!) is to always own a well-diversified portfolio (a mix of stocks, bonds, real estate and natural resources). So if you find you have a concentration of poor performers in any one industry/asset class, by all means consider selling some of your losers (espec...  (more)
    Answered Oct 2012
    What is a well-balanced portfolio?
    Hi Lavinia, a well-diversified portfolio is an excellent way for you to save for retirement as well as other goals. Here's a link to a blog post I wrote that may give you a lot more information about how to build a truly diversified portfolio:  (more)
    Answered Apr 2012
    As a young federal employee (25 yo) I am putting 7% into the TSP account. We now have the option of putting our funds into a Roth TSP (similar to a Roth 401(k)m not a Roth IRA. Can a Roth benefit me? What is a marginal Federal tax rate?
    Hi Dena, it is so great that you are starting to save for retirement at an early age--way to buck the trend! If you're receiving 5% pre-tax contributions from your employer, then the Roth TSP may be a good option to diversify your investments from a tax perspective. As Dave said, money from your emp...  (more)
    Answered Aug 2012
    How diversified do my and my husbands portfolios need to be?
    Hi Mia, to be consistent with your other financial arrangements, it sounds like your portfolios should be separate also. But you can still have the same levels of diversification within each of your portfolios; by doing so, you in essence still arrive at one overall level of diversification. For ins...  (more)
    Answered Apr 2012
    I have a pension through my employer, should I also invest in an IRA or Roth IRA, or invest in individual securities since my risk tolerance is a bit higher than an average pre-retiree?
    Hi Miranda, since your pension will be fully taxable income when you retire, it might make a lot of sense to also invest in a Roth IRA, which as Todd and Eric point out, will give you tax-free income in retirement (past 59 1/2). That way you will have a mix of income in retirement--taxable and tax-f...  (more)
    Answered Jul 2012
    Can I set up an IRA if I'm already 59 1/2?
    Hi Andrew, as long as you have earned income (such as from working, as you indicated), you can contribute to a traditional IRA up to age 70. If you still want to save beyond that age, you can contribute to a Roth IRA (again assuming you have wage income). And if you are self-employed, you can contri...  (more)
    Answered Mar 2012
    I'm newly employed. Plan on putting as much as my employer will match (15%) in my 401K as soon as I am eligible. I also plan on putting probably 10% into a savings account, but I also want to save more. From my research it seems like either a traditional IRA (I'm out of the limits for a Roth IRA) or
    Hi J, you're off to an excellent start saving for your retirement. I'm assuming your employer's 401k ira is a traditional 401k plan (where you put money in pre-tax). If that's so, the Roth IRA makes sense for you, so that you will eventually have both types of money available in retirement: pre-tax ...  (more)
    Answered Jun 2012
    What should I do with an inherited IRA?
    Hi Rami, from your question, it sounds like you would like to save as much of your father's IRA as possible for your retirement in 10-12 years. At that point you'd be in your mid 60s. If these assumptions are correct, then a good strategy for you would be to "stretch" this inherited IRA out over the...  (more)
    Answered Mar 2012
    My husband and are ready to retire. I have a 401K with my prior employer. I am about to roll this 401k over to an IRA. We own our home in full. We also just found a retirement home of our dreams and wish to find the most effective way to purchase?
    Hi Marie, you have a lot to consider as you make this potential transition. Rolling your 401k to an IRA makes sense, as it will give you maximum control of your retirement funds and will defer any taxation until you start withdrawing the funds. If you can sell your current home before (or simultane...  (more)
    Answered Oct 2012
    What's the best way to get my teenagers involved with their finances?
    Hi Ruth, if they enjoy online games, then here's one for them: It's a bit of a serious theme for teenagers (perhaps), but it may help spark several good discussions between you and them about the value of education, job selection, wants versus needs, etc. With our own kids (ju...  (more)
    Answered Jun 2012
    What does it mean to be labeled a "highly compensated employee" in terms of 401k?
    Hi Everett, a highly-compensated employee means you're earning more than $115,000 in compensation in 2012 (which will be applied to any plan tests in 2013--kind of messy to explain in detail, but something your retirement plan administrator can spell out for you). In practical terms, that status (as...  (more)
    Answered Mar 2012
    I intend to take full SS benefit and work full time. Are there any constraints on participating in company 401K or Roth IRA?
    One thing to add to Kim's excellent response: if your adjusted gross income is too high (depending on your tax filing status), you may be ineligible to contribute to a Roth IRA. The income range varies from year to year, but for 2012, for instance, it's $110,000-$125,000 for singles, or $173,000-$18...  (more)
    Answered Apr 2012
    I'm in my mid-twenties and am looking for advice on how to allocate my assets properly. What's the best type of financial adviser to look for in this process.?
    Hi Ryan, kudos to you for starting to save early! I would suggest you start your search with an advisor who is a Certified Financial Planner. Look for a person with some experience (maybe 5 years at a minimum). Be sure to check out the advisors ADV form (a compliance form that all investment advisor...  (more)
    Answered Jun 2012
    I will be retiring in one year at age 63. I have a good retirement package from my employer and have managed my 401K plan fairly well to current balance of $1.1M. 90% of my 401K is invested in a stable income fund at 3.55%, 10% is in company stock which has been flat for the past couple of years.
    Hi Robert, congrats on your pending retirement. It appears you've done a great job saving for your retirement. I tell my clients retirement readiness consists of 3 things: health, wealth (retirement savings), and happiness (how you will spend your time in retirement & stay engaged socially, spir...  (more)
    Answered Jun 2012
    What should I expect from a financial planner?
    Hi Derek, first and foremost you should expect to have your interests come first. You should also expect a high degree of transparency, meaning no conflicts of interest (or if there are any potential conflicts, they should be fully disclosed to you and understood by you). You should also expect to p...  (more)
    Answered Jun 2012
    What is the process for an IRA rollover?
    Hi Conrad, rolling your old 401k to an IRA is the first step. It's usually best to do that as a trustee to trustee transfer (direct rollover). You do that by filling out a rollover IRA application with the financial service firm you want to use, and then that firm will contact your old employer to m...  (more)
    Answered Mar 2012
    What is a Keogh plan?
    Hi Lydia, Keogh is just another pretty name for a self-employed retirement plan. By contributing to your own retirement plan through your business, you score on two counts. First, you put money away for your retirement, and potentially much more than you can save through a traditional or Roth IRA. S...  (more)
    Answered Mar 2012
    What is the rule of 55 for retirement plan withdrawals?
    Hi Frederick, the "rule of 55" only applies to what the IRS calls "qualified plans" like your 401k. The rule means you can avoid the 10% early withdrawal penalty on distributions from your 401k if you are 55 or older and separate from service (meaning you quit/lose your job with that employer). The...  (more)
    Answered Apr 2012
    Former employer holds money in defined benefit plan. Now a few options are given: leave it in defined plan, take as cash, rollover to IRA or put in lifetime annuity and start taking money now. Which is best?
    Hi Matthew, it used to be that I advised clients to stay with their defined benefit plan and eventually take an annuity payment at retirement. But after seeing the airlines have financial trouble over the last decade and cut their employee pensions, seeing GM and Ford offering current retirees the c...  (more)
    Answered Jul 2012
    What's a safe withdrawl rate for retirement?
    Hi Sadie, it sounds like you guys are off to a great retirement! The general rule of thumb for withdrawal rates in percentage terms is about 4%. As Eric said, depending on your individual circumstances that number may vary, but a range of say 2.5% to 5% is probably in the ballpark. Realize you can a...  (more)
    Answered Aug 2012
    Is it a good option to invest in any foreing fund? What about investing less than 20% on this type of funds?
    Hi Balvina, it is indeed a good idea to invest a portion of your portfolio in foreign/international funds, as a general rule. Diversifying your portfolio across stocks, bonds, real estate and commodities is a good place to start, and investing here in the U.S. and internationally also makes sense. B...  (more)
    Answered Jul 2012
    Should I have a Roth 401k and a standard 401k?
    Hi Farrah, we all know diversification in our retirement portfolios makes sense. But tax diversification also makes sense, which I think is the heart of your question. When you retire, your traditional 401k money will be taxed as ordinary income when withdrawn. Your Roth 401k money, on the other han...  (more)
    Answered Apr 2012
    Can i get a loan from my 401k?
    Hi Antonio, Russ makes several fine points. Here are a few additional ones to consider:While you have a loan outstanding from your 401k, you cannot make additional pre-tax contributions. So having a loan effectively puts your retirement savings on hold, at least until you repay the loan.The ta...  (more)
    Answered Apr 2012
    What is the difference between a SEP and a 401K?
    Hi Jeff, the contribution dollar limits for the two plans are the same: $50,000 in 2012. You might save a little on the business expense side by going to a 401k (where the employees make voluntary contributions, thus paying for part of their retirement savings). But if they don't make the maximum co...  (more)
    Answered Apr 2012
    Is trending an okay way to choose 401k stock investment?
    Hello C, if you are thinking of just starting down the path of trend analysis to use past performance to predict future results, I would strongly encourage you to run, run, run away from this strategy. I wrote a blog about this yesterday (if you're interested, see http://integrityplanner.wordpress.c...  (more)
    Answered Mar 2012
    Is there a time frame in which I have to move my 401k?
    Hi Kenzie, generally you have the option to leave your 401k with your former employer. The investment firm that manages the old 401k would certainly like you to keep your account there, whereas other firms/advisors would certainly like you to roll your 401k account to an IRA. See how popular you are...  (more)
    Answered Mar 2012
    I like to take a loan from my 401K?
    Hi Gonzalo, there is typically no charge/fee to take out a loan from your 401k, but you can double-check with your human resources department (or 401k plan administrator) to be sure. There are some issues to consider though.While you have a loan outstanding from your 401k, you cannot make additiona...  (more)
    Answered May 2012
    Are corporations trending toward retirement buyout/packages with high cash stocked up and a need to lower aged employee to hire young, innovative employees?
    There are several considerations when evaluating a buy-out offer/early retirement package, including: Do you have an emergency fund in place to carry you through to your next job or into retirement? What will happen to your healthcare coverage if you are not yet eligible for Medicare? Will you recei...  (more)
    Answered Apr 2012
    What are the benefits of dollar-cost averaging?
    Hi Gerritt, while the math of dollar-cost averaging is compelling, for me the biggest benefit of this method is simply that it is habit forming (in a good way!). We read reports year after year showing that as a nation we do a terrible job of saving for retirement through 401k plans, 403b plans and ...  (more)
    Answered Apr 2012
    What is a spousal IRA?
    Hi Dennis, great to see you furthering your education. [Side note: make sure to take advantage of any education tax credits to help offset the cost of your schooling.] Since your wife is working, if her employer offers a retirement plan like a 401k, that's probably the first place to put your retire...  (more)
    Answered Mar 2012
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      U.S. Securities and Exchange Commission
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      • as of date
        Feb 29, 2020
      • license status
        Not registered
      • disclosures
      • as of date
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:


      Integrity Financial Planning

      Last updated on July 11, 2013
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      This advisor has certified that they are compensated soley by their clients, and do not accept commisions or compensation of any kind based on the products they recommend.