Welcome to our Web site, where you’ll find a wealth of information in the form of articles, calculators and research reports.
This website has been developed to help you understand the opportunities and rewards that are available when you take a proactive approach to your personal finances. The use of this Web site will give you a better understanding of the financial concepts behind insurance, investing, retirement, estate planning, and wealth preservation. In collaboration with a skilled professional you can move toward reaching the full potential of your financial goals.
The Troy Michael Financial Group is here to educate you about the basic concepts of financial management and to help you learn more about who we are. We look forward to you taking advantage of this resource and visit often. We frequently update our information. So give us the opportunity to do the work for you and be your source for new developments in personal finance.
Newsletters
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SECURE 2.0 Makes It Easier to Give and Receive
The SECURE 2.0 Act modified the rules for qualified charitable distributions to allow funding a charitable gift annuity or charitable remainder trust from an IRA.
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Most Grocery Shoppers Aren’t Fooled by Shrinkflation
You may have noticed products shrinking in size while prices stay the same or increase. This article includes tips for spotting and reducing the impact of this tricky strategy.
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Much Ado About RMDs
This article provides an overview of the changes the SECURE 2.0 Act made and a brief explanation of how to calculate required minimum distributions from tax-advantaged retirement accounts.
Calculators
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Life Insurance
How much life insurance would you need to produce a sufficient income stream for your family?
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Required Minimum Distributions
Estimate the annual required distribution from your traditional IRA or former employer's retirement plan after you turn age 73.
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Net Worth
A balance sheet summarizes your assets and liabilities and reveals your net worth.