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John Madison

Personal Finance, Investing, Taxes
“John is a CPA, CPRC, AWMA and financial educator committed to educating and empowering individuals and couples to make smart decisions regarding their personal finances. Schedule a no-cost, no-obligation consultation to learn more.”

Dayspring Financial Ministry

Job Title:

CPA , Financial Counselor, CRPC, AWMA


Born and raised in Virginia, John passed the CPA exam before graduating from Virginia Commonwealth University and beginning his career at a “Big-8” accounting firm in 1987.   

After two years in public accounting, he accepted employment with a client and rose through the ranks in private industry.  Desiring to work in a more diversified environment, John started his own accounting practice in 2000 and added personal financial coaching services in 2012.

John resides in Hanover County, Virginia with his wife and children.  He is active in his church, enjoys finishing a good run or workout at the gym, and leads personal finance classes in the community.


BS, Accounting, Virginia Commonwealth University

Fee Structure:



The recommendations provided are educational in nature and not intended to be specific recommendations for any particular individual.  The goal is to educate and inform readers of available options, with the ultimate decision being theirs.  Please consult the appropriate tax, investment, insurance or financial planning expert before making any final decisions.

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May 2018
    Personal Finance, Financial Planning, Debt
August 2018
    Personal Finance
March 2018
    Debt, Personal Finance
September 2018
    Personal Finance, Financial Planning
February 2018
    Real Estate, Financial Planning

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    Financial Planning, 401(k), Asset Allocation, Real Estate
Should I change my asset allocation strategy?
100% of people found this answer helpful

Congratulations on building such a nice net worth before turning 50 years old!

You don't mention your current asset allocation (how much in stocks vs. bonds), nor do we know when you'd like to retire.  If we assume a traditional mid-60's retirement date, you're in great shape.  You'd need about $3M in investments to generate $120,000 in retirement cash flow (the 4% rule).  Assuming a typical asset allocation in equities, 15+ years should allow for your $2M to grow to $3M, although the large cash allocation will act as a drag on your overall returns.

Again, without more details, it's hard to recommend a specific asset allocation for your situation.  A few investing fundamentals: Understand your risk tolerance, stay diversified, re-balance periodically, keep costs low and keep taxes low by properly locating your asset classes in the appropriate account (401k vs. your taxable account).  You may want to contribute to a Roth IRA (if eligible) to further diversify your account types to create future tax planning opportunities.

Please feel free to contact me if you'd like to discuss your situation further.  Thanks for your question.


May 2018
    Debt, Investing, 401(k), IRAs, Stocks
Should I pay off my credit card debt and student loan debt, or contribute the maximum amount to an HSA and Roth IRA, and contribute 10% to my 401(k)?
100% of people found this answer helpful
April 2018
    Social Security
Can SS benefits be delayed after already filing?
100% of people found this answer helpful
February 2018
    Estate Planning, Investing, 401(k), IRAs, Mutual Funds, Real Estate, Retirement Plans
What long-term, general, investing strategies should I consider if my company doesn't offer a 401(k)?
100% of people found this answer helpful
March 2018
    Financial Planning, Retirement, 401(k)
What kind of penalties and fees can I expect to pay when rolling a 401(k) over into a new retirement account and withdrawing $4,000 in the process?
100% of people found this answer helpful
May 2018