Texel Compass Blog

Ideas for founders who are building.

We cover financial planning topics for founders — and occasionally branch out into business, current events, and whatever else is worth a read.

Texel Compass Blogs

What Could Be Better Than Index Funds?

We’re back after taking a week off to move across the country. I’m now settled in my new home and...

How High Earners Can Take Advantage of the Backdoor Roth IRA

Accessing a Roth IRA is still possible for high income earners. It just requires a simple strategy...

Target Date Funds Simplify Investing, But May Not Be Optimal

Investing has become easier over time. The growing popularity of low-cost ETFs and mutual funds...

The More You Know: Understanding Tax Deductions and Credits

Much of the general public — and even founders — tend to avoid understanding taxes. In my...

The Retirement Account Hidden Inside Your Health Insurance

Why not save for medical expenses and retirement at the same time? Many retirement accounts provide...

Using LLMs for Investment Advice Proves Risky

As the age of Artificial Intelligence (AI) advances further and further, it seemingly has no...

Do You Really Need a Will?

If you’re young or are just starting your entrepreneurial journey, there’s likely one aspect of your...

Solo 401(k) for Founders: The Ultimate Retirement Plan

You’re probably familiar with workplace retirement plans. Most companies offer retirement options...

Index Funds for Founders: Why They Beat the Pros

Investors have long sought to outperform the stock market, which has historically returned around...

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