An RMD is something we eventually have to consider. Saving and investing money into a pre-tax retirement account is a great way to save for the future. It also allows you to lower your tax liability every year that you contribute, making pre-tax retirement accounts one of the most popular ways people sock away money for […]
RMD’s… What You Need To Know Read More »
A ROTH Conversion is a tax planning strategy that shifts money from a pretax retirement account to an after-tax retirement account. This is a popular strategy for many reasons, so we are going over some details for you. Although it is not the perfect fit for every investor, it remains one of our favorite long-term planning
Roth Conversions Explained Read More »
Every year the IRS changes several items based on the rate of inflation. Their goal is to help people maintain their purchasing power as the cost of living rises due to inflation. In years past, this wasn’t a big deal as inflation was very muted, causing the IRS adjustments to be minor. As we know by now
IRS Changes For 2023; What Matters To You Read More »
Making sure your beneficiaries are up to date is a simple but essential exercise. Take care of this when you are alive and healthy. The best way to have your wishes carried out after you pass on is to have your beneficiary information set up correctly. This can also save your loved ones headaches and
Crash Course On Beneficiaries Read More »
We are continuously bombarded with an endless supply of headlines, news, and commentary. With everything going on in the markets, I decided to close my ears, open my eyes, and simply look at the data. So, I pulled up a 50-year chart of the S & P 500 and analyzed all the bear markets. The S
Bear Markets Of The Last 50 Years Read More »
Every investor will fall into one of 3 investment stages. There are no concrete rules to follow for each stage that you are in, but different strategies and general guidelines that you can follow depending on where you currently are in your investing lifecycle. The first thing we should all do as market participants is to
The 3 Stages Of Your Investment Life Read More »
How much money do I need to retire? This is a question that we will all ask at some point. This question does not have a singular answer. There is no “MAGIC” dollar amount that you need to accumulate before giving the green light to your retirement. There is only “YOUR NUMBER”! The amount that you need in your
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