Frequently asked QUESTIONS

Clear answers, in plain language.

Questions we hear often, answered the way we would over coffee.

WORKING TOGETHER

What is a fiduciary financial advisor?

A fiduciary advisor is legally required to place your interests first. At Boulder Wealth Advisors, being a fiduciary isn’t just a legal obligation—it’s the foundation of how we simplify and manage your financial life through personalized, objective advice.

No. Boulder Wealth Advisors is completely independent, 100% employee owned, and not affiliated with any financial advisory, bank, brokerage, administrative, or other institution. We believe this independence matters: our clients work directly with the owners and decision-makers.

No, Boulder Wealth Advisors does not receive any type of compensation or commissions from any party other than our clients. 100% of our revenue comes from our advisory fees, which are capped at 1%.

After the onboarding process, in which we meet more frequently, we prefer to meet with clients two to four times a year. We are also available by phone or email at any time. 

Our people and process allow our team to professionally manage accounts ranging from $1,000,0000 and up. Whether you are just beginning your investment journey, are approaching retirement, or are in retirement, our team would be happy to discuss your unique situation. Click here to schedule a complimentary meeting.

General Financial Advisor Questions

A fiduciary financial advisor is legally obligated to act in the best interests of their clients. Unlike commission-based advisors, fiduciaries provide unbiased advice and must avoid conflicts of interest when recommending financial products or strategies.

A fiduciary financial planner is legally bound to act in your best interests, while other financial advisors (especially commission-based ones) may have conflicts of interest when recommending financial products.

  • Lack of fiduciary duty
  • High commissions or hidden fees
  • Guaranteed investment returns
  • Limited access to diversified financial products

Planning for retirement involves a combination of disciplined savings, smart investment choices, and tax-efficient withdrawal strategies. A well-rounded approach includes taking advantage of employer-sponsored retirement plans, diversifying your portfolio, minimizing debt, and ensuring your estate plan is up to date.

  • Maximizing 401(k) and IRA contributions
  • Diversifying investments
  • Creating a tax-efficient withdrawal plan
  • Estate planning
  • Factor in inflation and healthcare costs
  • …and more

Rolling over a 401(k) to an IRA can provide more investment options and lower fees. However, consider tax implications before making a decision.

Social Security benefits can be claimed as early as age 62, but delaying until full retirement age (or even 70) can increase your monthly benefit. The best time to claim depends on your financial needs and longevity expectations. 

RMDs are mandatory withdrawals from tax-deferred retirement accounts (like 401(k)s and traditional IRAs) that start at a certain age. Failing to take RMDs can result in penalties.

  • Combine different income sources (Social Security, pensions, investments, rental income, etc.)
  • Implement tax-efficient withdrawal strategies
  • Ensure you have a cash buffer to cover unexpected expenses
  • Work with a fiduciary Financial Advisor

Reducing taxes in retirement requires strategic tax planning to optimize withdrawals, take advantage of tax-efficient investment accounts, and leverage deductions. By implementing proactive tax strategies, you can maximize your retirement income while minimizing unnecessary tax burdens. Here are a few things that can help:

  • Use Roth conversions strategically
  • Take advantage of tax-efficient withdrawal strategies
  • Donate to charity using Qualified Charitable Distributions (QCDs)
  • Consider relocating to tax-friendly states

Outliving savings is a valid concern. Strategies to mitigate this risk include:

  • Delaying Social Security for a higher payout
  • Reducing expenses or downsizing
  • Continuing part-time work or consulting

No matter what stage of life you’re in, having a well-structured financial plan is essential for achieving your long-term goals. Working with a fiduciary financial advisor ensures that your best interests are always the top priority, providing you with unbiased, personalized guidance. At Boulder Wealth Advisors, we help clients maintain an up-to-date financial plan that evolves with their needs, helping them navigate investments, retirement planning, and wealth management with confidence.