7 Simple Tips for How to Invest for Retirement
Knowing how to invest for retirement can be complicated and it is not an innate skill. However, you can do it with these 7 simple tips.
Category: Retirement Savings and Investments
The Biggest Risk in Financial Planning: Avoiding Risk
According to experts, one of the biggest risks in financial planning isn’t investing in a volatile portfolio, but rather avoiding risk altogether.
11 Year-End Tax Planning Strategies to Keep More 2021 Money and Prepare for Future Wealth
These 11 year-end tax tips for retirement will help you minimize your 2021 taxes and reduce future tax bills.
Are Alternative Investments a Good Idea for Your Retirement?
Should you consider alternative investments as part of your retirement asset allocation? Probably not, but it depends. Explore the pros and cons.
6 Strategies to Manage Required Minimum Distributions (RMDs)
Are RMDs desired income or a cost? Either way, preserve wealth with these 6 strategies for minimizing taxes on your withdrawals.
What is a Donor-Advised Fund?
Learn about donor-advised funds and the significant tax advantages they offer. Explore the downsides to this charitable giving strategy as well.
10 Recent Economic Headlines and What They Mean for Your Money (Will Roth Conversions Be Scrapped?)
As summer ends and the economy continues to reopen, there has been a lot of significant economic news. Here are 10 recent headlines and what each of them means for your money. Some of these headlines report on events that have happened. Others are anticipating future events. Each may have a significant impact on your…
401(k) Fees: Get to Know What You Pay and Reduce the Expense
Many of us are oblivious to the fees, but almost everyone with a 401(k) pays them. Get 7 ideas for reducing costs to greatly increase wealth.
Solo 401k: Massive Savings Opportunities for the Self-Employed
The ability to open a Solo 401k is a big perk for the self employed. Learn about 12 big advantages, including the huge contribution limits.
Rebalancing Your Portfolio: Why, How and When
Rebalancing is a critical part of any investment strategy. Learn about setting asset allocation targets and the finer points of rebalancing.
Podcast: Renee Schaaf — Past, Present, and Future of Enterprise Retirement Plans
Steve Chen is joined by guest Renee Schaaf — the President of Retirement Income Solutions at the Principal Financial Group
6 Competing Retirement Investing Goals and How to Sort Them Out for Long-Term Wealth
Saving for retirement is hard. However, when you are still working, creating a retirement investment plan can be relatively straightforward. The goal is to simply grow the money. But, when you retire, your investment goals become multi-faceted, layered, and downright complicated. You still want your money to grow, but you have a whole lot of other…
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…
Why a Roth Conversion or Backdoor Roth IRA is a Good Idea Right Now
Doing a Roth conversion — also known as a “backdoor Roth IRA” — is perhaps even more appealing in 2018 than ever before. Why? Low 2018 tax rates. What is a Roth Conversion? Backdoor IRA? A Roth Conversion is when you convert money that you have in a traditional IRA to a Roth IRA. This…
Monte Carlo Simulations: A Sophisticated Way to Predict Your Chance of Financial Success
Hear Monte Carlo simulations and think gambling? Nope. Learn how this mathematical formula can be used to predict your financial future.
Are You Wealthy? 19 Ways to Define Wealth
Are you wealthy? Are you defining wealth correctly? See how people think about wealth and compare your financial well being to others’.
3 Steps to a Retirement Income Plan: Nobel Prize Winner Helps You Figure Out Your Best Options for a Secure Future
Nobel prize winner Robert Merton outlines the 3 steps you need to take to create a retirement income plan for a secure future.
Financial Wisdom from Jack Brennan, Former CEO of Vanguard
Get great investing and planning tips directly from Jack Brennan, former CEO of Vanguard (the handpicked successor to Jack Bogle).
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. It can be as easy as 1,2,3!
The Lockbox Strategy and 10 Other Retirement Income Tips from Nobel Laureate, William Sharpe
William Sharpe has contributed significant brain power to solving for retirement security. Learn about the lockbox strategy and other ways to set up your retirement income.
Charitable Giving in Retirement: 4 Questions to Ask
For many of us, the desire to engage in charitable giving — giving to our family, communities or world — only grows as we age. And there may be good reason that we want to give. It turns out that giving is good — very good. Numerous studies have found that there is a huge…
How to Save More Money for Retirement: 23 Smart and Easy Ways to Boost Savings Big!
You’ve probably heard a lot of advice about how to save more money for retirement. Everyone tells you that you really need to do it. And if you’re like a lot of people, you probably think that it’s a great idea — you are just not exactly sure where to find the cash.Learn how to…
Podcast: Jack Brennan — Insights from the Former CEO of Vanguard
Episode 58 of the NewRetirement podcast is an interview with Jack Brennan — the handpicked successor to Jack Bogle at the Vanguard Group
Inflation Risk: Should You Be Worried About Inflation and Your Retirement?
What is your inflation risk? (It just went up.) Here are 8 ways to protect your retirement finances from rising inflation.
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How to Prepare for the Possible Upcoming Federal Tax Changes
Explore the proposed tax increases on the wealthy and find out what to do about it if you might be at risk of a higher tax burden.