Retirement Savings and Investments News, Information and Guidance

Year End Tax Advice

Don’t Forget Required Minimum Distributions and Other Year End Tax Advice for Retirees

Ah, the holidays. The festive time for family gatherings, great food, a little sparkle… and year end tax advice.  As if the season wasn’t hectic enough, this is the time you need to make sure that you do everything you can to minimize your tax burden. Make room in this hectic season for following year…

asset allocation strategy

Bond. James… Stocks, Funds, Cash and Bonds: What’s the Best Asset Allocation Strategy for Your Retirement??

Bond, James Bond. The mere mention of the name makes you think of cool confidence and absolute competence. Wouldn’t you like to feel that way about your retirement investments?  You perhaps can, assuming you can figure out the best asset allocation strategy for your retirement. What Exactly is Asset Allocation Anyway? Asset allocation refers to…

The Grapes of… Roth Conversion: A Fruitful Strategy for Retirement Wealth

Tax deferred? Tax free? Tax advantaged? It might sometimes feel a bit taxing to think about the tax implications of a Roth conversion. However, it is probably worth your brain power because a Roth conversion can be tremendously beneficial in the right circumstances. What is a Roth Account? A Roth account is a type of…

what is a bond ladder

Is a Bond Ladder Strategy Right for Your Retirement? Should You Climb on Up?

Bonds can be a core low risk component of retirement portfolios, but they do come with one significant risk factor: if interest rates go up, the bonds you already own will plummet in value.  A bond ladder strategy can be a way to reduce that particular risk. First things first, what is a bond? A…

financial fraud

Over 50? 12 Critical Tips to Protect Yourself from Financial Fraud and Identity Theft

Last week it was broadly reported that the credit reporting agency Equifax suffered a major cybersecurity breach that put us all at a greater risk of financial fraud. Experts estimate that hackers stole the data — Social Security numbers, birth dates, addresses, driver’s license numbers, credit card information and more — of 143 million people….

catch up contributions

A Powerful Retirement Saving Secret: Use Tax Advantaged Catch Up Contributions When Over 50

Most of us are pretty stressed by the need to give our savings a big boost as we approach retirement.  Guess what? There is actually a relatively little known retirement savings strategy that can really help: Catch up contributions. Catch up contributions are the IRS’s way of making it easier for savers age 50 and…

index fund investing

Your Guide to Index Fund Investing and Why They Are a Good Idea for Your Retirement

If index fund investing is good enough for the most famously successful American investor, then maybe it should be good enough for your retirement. Warren Buffet, chairman of Berkshire Hathaway, one of the richest men and most successful investors in the world, recommends that people buy index funds.  He often touts index funds in his…

personal finance rules

Break These 5 Personal Finance Rules for a Wealthier and More Secure Retirement

There are two kinds of people: those who follow the rules and those who believe rules are made to be broken. If you fall into the first camp, the following list may cause you a bit of anxiety. Personal finance is full of rules. While some are helpful, others can work against you if they…

lost 401k

Find Lost 401k: How to Find Out If You Have Lost or Forgotten Retirement Accounts

Here is a guide for how to find lost money — a lost 401k or other unclaimed retirement benefits. Finding a lost 401k or other retirement account is more tedious than treasure hunting,but perhaps just as rewarding. A few years ago, I received a strange notice in the mail: a former employer was discontinuing their…

stocks too high 2017

Stocks Are Too High?

“As the major stock indexes have, one-by-one, broken through their previous record highs in recent months, it has been interesting to observe that the dominant reaction among many investors has not been one of celebration but, rather, anxiety.” While the above may sound like current events, it’s actually an excerpt from an April 2013 client letter….