Jeff Filoon, Financial Planner

Call Directions Website Contact the business

Jeff Filoon, Financial Planner Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Jeff Filoon, Financial Planner, Financial planner, 201 King of Prussia Road Suite 501, Radnor, PA.

Financial Planning for Business Owners & Executives | Electrical, HVAC & Construction Specialty | Proactive Tax Strategy, Cash Flow, Wealth Outside the Business | Build a Life with Intention

10/21/2026

Your business has $150,000 sitting in the bank.

But how much of that money is actually available to you?

This is a distinction I think more business owners need to pay attention to.

Especially in industries like construction, electrical, and HVAC, where money can come in large amounts and go right back out just as quickly.

You might have a healthy bank balance today, but what about:

• Payroll coming due next week?
• Vendor invoices that haven't been paid?
• Taxes that haven't been set aside?
• Equipment purchases or upcoming projects?
• The cash reserve needed to keep operations running?

Suddenly, that $150,000 doesn't look quite the same.

And this is where I think a simple 13-week cash flow forecast can be incredibly useful.

Rather than just looking at what you have in the bank today, you're mapping out what's expected to come in and go out over the next three months.

It gives you a clearer picture of when cash might get tight, how much you can reasonably distribute to yourself, and whether the business can support upcoming expenses.

Your bank balance tells you where you stand today. Your cash flow forecast helps you prepare for what's coming next.

10/20/2026

Planning to sell a business, investment property, or another appreciated asset in 2026 or 2027?

There's a major tax-planning change worth understanding before that transaction happens.

Starting January 1, 2027, the Qualified Opportunity Zone (QOZ) program enters a new phase.

And here's an important distinction: Even certain capital gains realized in late 2026 may qualify for the new rules if they're reinvested into a Qualified Opportunity Fund (QOF) beginning in 2027, within the applicable deadline.

For qualifying investments made under the new rules, there are three potential benefits:

1. Defer the original capital gain for up to five years.
Instead of recognizing the eligible gain immediately, you may be able to defer it until five years after the investment, unless an earlier taxable event occurs.

2. Reduce the amount of the original gain subject to tax.
A qualifying five-year investment generally receives a 10% basis increase against the deferred gain.

For example, reinvesting a $500,000 eligible capital gain could result in $50,000 of that original gain being excluded from federal taxation after five years.

That's $50,000 of excluded gain, not $50,000 in tax savings.

Certain qualified rural Opportunity Fund investments may receive an enhanced 30% basis increase.

3. Potentially exclude future investment appreciation.
Hold a qualifying investment for at least 10 years, and the appreciation within the fund may qualify for exclusion from federal capital gains tax.

That's separate from the tax still owed on the original deferred gain.

So what does this mean if you're considering a sale in 2026 or 2027?

The timing of your transaction and subsequent investment could materially affect which tax benefits are available.

Eligible gains generally must be reinvested within 180 days, although the applicable starting date can depend on the type of gain.

That means determining how much of your gain to reinvest, how much liquidity you'll need, and how the eventual tax liability will be funded should all be part of the conversation before the transaction.

Not every Qualified Opportunity Fund will be appropriate, but it's a strategy worth evaluating when a significant capital gain is on the horizon.

My first real motivation for learning how money and retirement worked had nothing to do with clients. It was my mom.My t...
10/14/2026

My first real motivation for learning how money and retirement worked had nothing to do with clients. It was my mom.

My twin sister and I grew up in a single-parent household, and my mom did everything.

She built her career in healthcare at Penn Medicine, got us where we needed to be, showed up for sports and school, and somehow made sure we never really felt like we were missing anything.

She was/is my mom, my best friend, and the person who showed me what being a parent was supposed to look like.

When I got to college, I started thinking more seriously about how I could eventually give some of that back.

I wanted to be successful enough to help her retire early, but I also wanted to understand what it would actually take to make that possible.

That curiosity played a huge role in why I chose this career.

Funny enough, when I got started, a lot of the people I ended up working with were in healthcare.

Some of my earliest clients, who I still work with today, are RNs, CRNAs and other healthcare professionals.

Today, a large part of my practice is made up of construction, electrical and HVAC business owners and executives.

But I’ll always have a soft spot for healthcare.

A lot of where I am today started with the person standing next to me in this picture.

$4.5 million of life insurance at 23 years old.I put it in place about a month after JJ was born.The reason was pretty s...
10/13/2026

$4.5 million of life insurance at 23 years old.

I put it in place about a month after JJ was born.

The reason was pretty simple: If something happened to me, would Kaylee and JJ be financially okay?

I didn’t have anywhere close to $4.5 million in assets... but what I did/do have is decades of future income ahead of me and a family that would depend on it.

Does everyone need $4.5 million of life insurance? Absolutely not.

But I do think everyone with people depending on them should know what they would need.

The best time to fix the roof isn't during a storm.

A lot of people have some coverage through work and assume they’re set. But 1 or 2 years of salary can disappear pretty quickly when you start accounting for years of lost income, a mortgage, childcare, education, and everything else your income helps support.

So the question I’d start with is: If something happened to you tomorrow, would your family actually be okay?

If you don’t know the answer, it’s probably worth doing the math.

First football homecoming for JJ.And I got to coach him through it.Hard to beat that.This season has been about a lot mo...
10/12/2026

First football homecoming for JJ.

And I got to coach him through it.

Hard to beat that.

This season has been about a lot more than football for me.

I’ve gotten to watch him compete, struggle, bounce back, gain confidence and keep learning every week.

These Saturdays are going fast.

I’m enjoying every one of them.

Nearly half of construction business owners in the U.S. are 55 or older.That number jumped out at me.Because behind ever...
10/09/2026

Nearly half of construction business owners in the U.S. are 55 or older.

That number jumped out at me.

Because behind every percentage on this map is a business that, at some point, is going to have to transition.

Maybe it gets sold.

Maybe a child takes over.

Maybe a key employee or management team buys in.

Maybe the owner simply wants to work less and keep collecting income from it.

But those outcomes usually don’t come together a year before retirement.

The business has to become less dependent on the owner. The leadership team has to be ready. The financials need to be clean. And the owner has to know whether the value they’ve built is actually enough to fund whatever comes next.

That’s why I think exit planning is going to become an increasingly important conversation across construction over the next decade.

For a lot of owners, the biggest financial asset they have built is the business itself.

The question is whether they’ve built a plan for eventually turning that value into the next chapter of their life.

Turned 30 back on September 21st. Now I’m standing in the middle of Munich.Pretty cool way to start a new decade.I spend...
10/03/2026

Turned 30 back on September 21st. Now I’m standing in the middle of Munich.

Pretty cool way to start a new decade.

I spend a lot of time thinking about the future.

Career goals. Financial goals. Family goals. What I want the next 5, 10, 20 years to look like.

And I think that’s important.

But you also have to enjoy the life you’re working so hard to build.

See new places.

Experience different cultures.

Make memories.

Spend some money on things you’ll remember long after you’ve forgotten what they cost.

Germany has been awesome so far.

And 30 is off to a pretty damn good start. 🇩🇪

The “buy the cheapest reliable car and invest the difference” crowd probably won’t love this one.I bought my Jaguar in J...
10/02/2026

The “buy the cheapest reliable car and invest the difference” crowd probably won’t love this one.

I bought my Jaguar in January 2022 when I was 25.

It had about 15,000 miles on it.

Today it has 140,000.

I knew when I bought it that I drove way more than the average person, so I made a conscious decision:

If I’m going to spend that much of my life behind the wheel, I want to enjoy what I’m driving.

The required payment was about $615/month.

But I added $60 every week toward principal, so I was really putting roughly $875/month toward it.

Two weeks ago, I paid it off. $875/month freed up in cash flow and a car I still love.

Could I have bought a cheaper car at 25 and invested the difference?

Absolutely.

Would that have produced the highest possible net worth on a spreadsheet?

Likely.

But I think personal finance gets a little weird when every purchase is judged only by whether there was a cheaper alternative.

I’ve put 125,000 miles on this car in less than five years. It made thousands of hours of driving more enjoyable. And instead of trading it in every few years, I paid it off and plan to keep driving it.

There’s obviously a line. I get it.

A luxury car you can barely afford with an 84-month loan is one thing.

Spending more on something you use constantly, can afford, and plan to keep for a long time is another.

Where do you fall?

Buy the cheapest reliable car possible and invest everything else?

Or spend more on the car if driving is a meaningful part of your life?

Last Week I sat down with the owner of a construction company doing roughly $28 million a year.But as the company grew, ...
09/16/2026

Last Week I sat down with the owner of a construction company doing roughly $28 million a year.

But as the company grew, his personal financial picture never really caught up.

Most of his wealth is still tied to the business.

He was paying a significant amount in taxes every year, but there wasn’t much proactive planning happening before the year ended.

His retirement plan was relatively basic for the amount of income the business was producing.

And while the company had become increasingly valuable, there wasn’t a clear plan yet for what eventually happens to it.

That’s a pretty common point of transition for successful business owners.

The strategies that worked when the company was doing $3M or $5M don’t always make sense when it grows to $20M, $30M, or beyond.

It’s about how much wealth should stay in the business.

How much should start moving outside of it.

How taxes, retirement, estate planning and an eventual exit all fit together.

The business grew. Now the financial strategy has to grow with it.

A write-off can be a great business decision.But where I think owners get into trouble is when the purchase only happens...
09/09/2026

A write-off can be a great business decision.

But where I think owners get into trouble is when the purchase only happens because they want to lower the tax bill.

If it improves efficiency, creates more capacity, or simply helps the business make more money, great.

In those cases, the tax deduction is a real benefit on top of a decision that already made sense.

BUT spending $100,000 to save $30,000 in taxes still means you spent $70,000.

If that $100,000 truck, machine, or piece of equipment is sitting there because December rolled around and somebody said, “You need more write-offs,” that’s a different story.

The deduction should be a bonus, not the main reason to buy something.

Address

201 King Of Prussia Road Suite 501
Radnor, PA
19087

Opening Hours

Monday 7am - 8pm
Tuesday 7am - 4am
Wednesday 8am - 8pm
Thursday 7am - 4pm
Friday 8am - 5pm

Telephone

+16108909098

Website

Alerts

Be the first to know and let us send you an email when Jeff Filoon, Financial Planner posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Jeff Filoon, Financial Planner:

Shortcuts

Share

Category