Author: admin
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Death Tax: What You Need to Know
by Clint Kraft
A client asked me last week, “Am I going to get hit with a death tax?” The term “death tax” gets thrown around a lot, and it sounds scary. But here’s the good news: most people won’t ever pay a federal death tax. What Is the “Death Tax” Anyway? When people say “death tax,” they…
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NIL Money: How Athletes Can Manage their Income
by Clint Kraft
Signing your first NIL deal probably felt like a major win, and it is. But what most athletes don’t realize is that once the money hits your account, you’re more than just a student-athlete. You’re now running a business. And like any business owner, the way you handle your money today can set the tone…
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NIL Money at Michigan: Best Moves for Athletes To Manage Money
by Clint Kraft
When you signed your first NIL deal, you probably didn’t expect to become a business overnight. But that’s exactly what’s happened. And just like any business, you need a strategy to manage your money, plan for taxes, and set yourself up for the future. As a financial advisor for NIL athletes, we help people like…
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When to Take Social Security (for people aged 50-70)
by Clint Kraft
If you’re in your 50s or early 60s, chances are you’ve asked yourself:“When should I start taking Social Security?” A lot of people default to age 62 because it’s the earliest option, or 67 because that’s considered the “full retirement age.” But unfortunately, it’s not that simple, and getting it wrong can cost you hundreds…
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The Hidden Fees Draining Your Investments (and How to Spot Them in 5 Minutes)
by Clint Kraft
If you’re in you have a 401(k), IRA, or any account that holds investments, I have an important question: Do you know exactly how much you’re paying in investment fees? Most people say: “Not much. I’m just in mutual funds from Fidelity or American Funds. I don’t get an invoice from my advisor that I…
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Financial Planning Checklist for University of Michigan Employees
by Clint Kraft
Working at the University of Michigan comes with outstanding career benefits: access to a generous retirement plan, excellent healthcare, and professional development resources. But maximizing those benefits (and building a complete financial plan around them) takes careful strategy. At Kraft Capital, we specialize in helping University of Michigan professors, researchers, and staff create personalized financial…
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Hiring a Financial Advisor: Ann Arbor Guide
by Clint Kraft
If you’re thinking about hiring a financial advisor in Ann Arbor, you’re making a smart move. Whether you’re navigating tax decisions, planning for retirement, or managing investments, the right advisor can help you avoid costly mistakes. But with so many options, from large brokerage firms to independent practices, how do you find the advisor who’s…
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Should I Rollover My 401(k), 403(b), or 457 Plan?
by Clint Kraft
Changing jobs, retiring, or reviewing your financial plan often brings up the question:“Should I rollover my employer retirement plan?” It’s an important decision whether it’s a 401(k), 403(b), 457, or a different plan. Like most financial decisions, the right answer depends on your situation. Here’s a breakdown of what you need to consider: What Are…
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Do I Have Enough to Retire?
by Clint Kraft
There’s one question I hear more than anything else.“Do I have enough to retire?” It makes total sense. You’ve worked for decades, saved, paid off debt, and probably even started contemplating what retirement could look like. Maybe you’re already in retirement, yet still have a lot of uncertainty about whether you will need more income…
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My Thoughts on the Current Stock Market
by Clint Kraft
I have been debating whether I should post this article for a while now. Some of you may be a bit uneasy or worried about things you see on the news related to politics & the stock market, and I want to take this opportunity to help put your mind at ease. Part of me…