Michael Bora, Financial Services
Welcome to our website, where you’ll find a wealth of information in the form of newsletter articles, calculators, and research reports.
Michael Bora has helped individuals, families, and businesses attain their financial goals for over 30 years. His success stems from the conservative yet very effective financial models he generates based on his “hands on, detailed fact finding” sessions designed to fully understand his clients’ wants and needs. Although Michael specializes in many areas of Financial Planning, he particularly enjoys helping individuals plan for their pre and post retirement needs. Michael enjoys spending time with his family, giving back to his community, and playing golf.
Newsletters
-
Setting a Retirement Savings Goal
This article features a worksheet to help you estimate the savings you might need to generate your desired retirement income.
-
Four Questions on the Roth Five-Year Rule
This article provides an overview of two versions of the Roth five-year rule and how they apply to various situations.
-
Putting Your Nest Egg in Three Baskets
Find out how understanding sequence-of-returns risk could help you develop a three-prong distribution strategy for retirement.
-
Quarterly Taxes: Deadlines Keep Coming for the Self-Employed
If you are self-employed, do you know how to calculate quarterly estimated tax payments in order to avoid underpayment penalties?
Calculators
-
Cost of Retirement
Use this calculator to estimate how much income and savings you may need in retirement.
-
Mortgage Refinancing
Determine whether you should consider refinancing your mortgage.
-
Impact of Inflation
Estimate the future cost of an item based on today’s prices and the rate of inflation you expect.
-
Taxable Equivalent Yield
Calculate the rate of return you would have to receive from a taxable investment to realize an equivalent tax-exempt yield.