Oasis Wealth Planning Advisors has been chosen by Expertise.com as one of the Best Financial Advisory Firms in Nashville, TN in 2020, 2021 and 2022. Expertise.com reviewed 165 financial advisory firms in Nashville, TN and selected the top 29 based on five broad criteria, including qualifications, reputation, and experience. Oasis Wealth has other office meeting locations in Georgia, Florida, and Alabama.

In this important article on setting financial goals, Steve Martin (add link to my bio page on the team site) provided his thoughts on first assessing your income, income tax situation, budget and net worth. “Having an understanding of these four things will help determine goals and prioritization of those goals,” says Martin, wealth planning advisor at Oasis Wealth Planning Advisors in Nashville, Tennessee.

Steve Martin is quoted on Quicken.co regarding investing for retirees. Martin highlights the need to understand your withdrawal needs based on detailed cash flow projections and alludes to the matched bucket approach for retirees.

Steve Martin was interviewed by Daniel Kurt and discussed several critical financial questions we all need to address, including short-term and long-term budgeting, retirement analysis, portfolio allocation, and emergency funding. Martin warned against using rules of thumb but rather stressed getting into the details of your individualized situation is the proper way to plan.

Steve was interviewed by the local NBC affiliate regarding critical financial issues graduating seniors are facing, including how to deal with student debt.

In this article for small business owners, Steve martin stressed the run detailed retirement analysis to help with the exit plan of the business owner. He stressed the need to potentially run various what-if scenarios regarding the valuation and sale date of the business.

Steve Martin added insight into Roth conversions as they related to 401(k) rollovers and discussed the impact of Required Minimum Distributions in the equation. “In some cases, individuals may be able to delay taking required distributions if they currently work past the initial required distribution age” says Steve Martin, Founder and Wealth Planning Advisor for Oasis Wealth Planning Advisors in Nashville, Tennessee. “Delaying required distributions can be significant if one continues to work since the employee’s wages push the employee’s tax wages up.”

In reviewing a common but perhaps weak Rule Thumb in retirement planning, Steve Martin said the “income replacement ratio can serve as a good starting point to formulate what the retirement needs may be,” but he noted that it should not take the place of detailed retirement analysis because each individual’s situation is unique.

Steve Martin discussed various considerations in determining the right time to retire. He notes that there is both a qualitative and quantitative aspect to this and that the many issues related to retirement planning should be done in an integrated fashion.

In this critical discussion for small business owners in planning for retirement, Steve Martin stressed the need to run an analysis of your personal situation that ties to the business. “Your analysis should include cash flow and net worth projections, estimated living expenses, income taxes incurred upon the sale of the business and throughout retirement, and major purchases in retirement.” Martin stressed the potential need to run what-if scenarios on regarding your exit plan and the need to regularly “revisit this analysis …as your lifestyle changes and your business grows.”

The Street interviewed Martin for his insight on estate planning. Martin stressed that it is important in today’s changing estate planning landscape to draft flexibility into one’s estate planning documents. He highlighted the use of disclaimer language as one such technique.

Steve Martin provides insights into snowbirds focusing on the lifestyle they want, touching on the pros and cons of renting their snowbird home.

Steve Martin provided wisdom on the issues why Americans may not be as prepared for retirement as they should. He discusses that we often focus on the here and now rather than focusing on long-term retirement planning. Martin also highlights that the financial services industry is partly to blame.