Retirement Savings and Investments News, Information and Guidance

Net Unrealized Appreciation

Net Unrealized Appreciation (NUA): The Tax Smart Way to Handle Company Stock in a Rollover

If you  have company stock in a 401(k), you will want to learn about Net Unrealized Appreciation (NUA) and how to minimize taxes when you rollover these funds to an IRA. Should You Rollover? Once you leave a job, or reach age 59 ½ you have the option to move your 401(k) into an Individual…

retirement withdrawals

Your Guide to Developing a Retirement Withdrawals Strategy

You’ve spent your entire working career saving and investing for retirement. Now it’s time to develop a retirement withdrawals strategy. Retirement withdrawals: break into the bank, but manage spending so your money lasts as long as you do… So, what’s the best way to go about withdrawing money from your retirement accounts to ensure that…

bad investments

The Unlucky 13: Bad Investments for Your Retirement

We have A LOT of choices for where to invest our money — both before and after retirement.  Some options are clearly bad investments. Others seem like a good bet, but probably aren’t. While we would all like to find a shortcut to massive wealth, the steady approach is probably the best route to a…

retirement withdrawals

How to Manage Retirement Withdrawals to Pay Less in Taxes and Maximize Income

A lot has been written about saving and accumulating enough for retirement. But that’s only half the battle. Once you reach retirement it is important that you manage your retirement withdrawals from various accounts as tax-efficiently as possible. Taxes will likely be one of your biggest expenses in retirement. A tax-efficient withdrawal strategy can be…

transition to retirement

More than 8 Esteemed Experts Offer Smart Strategies for the Transition to Retirement

The transition to retirement is exciting and scary.  Like all big events — graduations, relocations, marriage, childbirth and more — life will never be the same again. To make your planning for this transformation easier, here is advice from retirement and personal finance experts. Go for Risk and Reward You have a lot of choices…

retirement income

How to Build a Retirement Income Plan

“The most important thing you can do for your retirement is have a plan — specifically a retirement income plan. A plan covers far more than what investments to pick. Investments are the last part of the plan; the icing on the cake. They should come only after you have the main meal menu in…

How Much Should You Save for Retirement? Orman, Ramsey and Other Financial Gurus Answer

Retirement savings can seem like a very complicated matter. But some of the most well-known and respected financial minds like Suze Orman, David Ramsay and others say it’s really not that hard. The difficult part is the saving; sorting out how much to save is simple. Saving for retirement doesn’t have to be difficult. The…

debt and inflation

Trick or Treat? The Frightening Truth About Debt, Inflation and More…

Most of us are kind of horrified by personal finance.  It can be mystifying and intimidating. However, there are also a lot of ways to profit from basic economic concepts. The problem is that sometimes the bad is good.  And, other times the good is bad. Is Halloween a horrifying holiday or a cute community…

best retirement investments

What is the Best Retirement Investment? Target Date Funds or a Managed Portfolio?

What is the best retirement investment? A target date fund or something else? This content was originally published on RealDealRetirement by Walter Updegrave, RealDealRetirement @RealDealRetire Ask Real Deal Retirement… I’ve been putting my retirement savings into a target-date fund but want to know whether that’s a good idea or if I should consider other investments….

Should you own stocks in retirement?

Should You Own Stocks in Retirement?

This content was originally published on RealDealRetirement by Walter Updegrave, RealDealRetirement @RealDealRetire Should you own stocks in retirement? Is it worth the risk? Are we crazy to avoid stocks? My husband and I are retired and living comfortably on income from Social Security, a pension and other sources. We own government bonds and have FDIC-insured…

how to invest for retirement

6 Simple Tips for How to Invest for Retirement

We all know that we need to save for retirement, but that is hard.  However, it might be even harder to figure out how to invest for retirement. Investments are important for your future. Investing requires some level of expertise and a way of thinking about money that is not innate for most people.  Furthermore,…

retirement income

10 Expert Retirement Income Strategies: Get Ready to Play a Whole New Ballgame

If finding retirement income strategies feels impossible, it might be because it’s a whole new ballgame for you. Learn the new rules and you can hit the retirement income home run! We’ve spent our whole lives working, spending the money we earn and hopefully saving a little too.  When we retire, everything we have ever…

how to save money

How to Save Money and Get Out of Financial Danger

If you are worried about how to save money, you are far from alone. In case you missed the survey released last month by the Federal Reserve Board, 47% of American consumers report they would not be able to come up with $400 for an emergency without borrowing or selling something. That’s half of the…

financial fraud

Senior Financial Fraud is Now a $3 Billion Dollar a Year Issue

Financial fraud against people 50 and older is a growing concern. Older Americans lose $3 billion each year due to financial fraud and the average victim loses $120,000, according to AARP’s recent BankSafe report. Protect your retirement savings from financial fraud… Financial manipulation is subtle and can take place over a number of years, explains…

401k

What is a Roth 401k Plan?

What is a Roth 401k plan?  The Roth 401k is a 401k only better, at least for a lot of people. The classic 401k is largely the same from employer to employer, although there are some subtle differences. But the Roth option is a game-changer, and an increasing number of employees who have the choice…

best retirement plans

Best Retirement Plans

Saving for retirement is not a one-size-fits-all proposition. Whether you use an IRA, a 401(k), one of the many other options or a combination of several plans, the best retirement plans for you depends on your employment status and how much you’re able to contribute. Best retirement plans Sometimes when we talk about the best…

Retirement planning

Retirement Experts: Lorena Brockman’s 6 Tips to Jump-Start Savings

Lorena Brockman is a blogger for JennsBlahBlahBlog.com and has notable know-how in blogging, finances, retirement, and has been deemed “Greatest Auntie Ever” by many. To learn more about Lorena, visit her company’s blog at JennsBlahBlahBlog.com. Planning for retirement isn’t something people in their 20s, or even their 30s, usually consider. Retirement can often creep up…

how much to save

Expert Interview Series: CFP Kimberly Howard on How to Save for Retirement

Certified Financial Planner Kimberly J. Howard is well-known blogger who has written on subjects ranging from 401k’s and mutual funds to debt management and saving for college. She’s also the founder KJH Financial Services in Newton, Mass. and Denver, Col. and enjoys helping clients explore and achieve their life goals through effective comprehensive financial planning….

retirement investing

Retirement Investing: How to Balance Safety with Adequate Returns

Retirement investing can be risky, but it does not need to be a gamble. This content was originally published on RealDealRetirement by Walter Updegrave, RealDealRetirement @RealDealRetire Ask Real Deal Retirement: I have roughly $1 million saved and hope to retire in about 10 years. I’m nervous about the market, but also worried that moving out of…

how much do you need to retire

How Much Do You Need to Retire? Don’t Guess! Find Out!

How much do you need to retire?  Have you made a guess?  Are you estimating that you’ll need more than you have?  Maybe you have kind of thought it through and come up with a number in your head?  Or perhaps you are just hoping that whatever it is you have will be enough? But…

Obama Retirement Plans

Obama Retirement Plan: White House to Help 30 Million Access Plans

President Obama has a plan that his administration says may help 30 million more Americans gain access to retirement savings plans. The president is expected to outline the Obama retirement plan in his fiscal 2017 budget. Currently, one-third of all working Americans do not have access to a retirement plan through their jobs, according to…

Retirement calculator

Retirement Calculator Advice for Self Employed with Irregular Income

Self employment offers surprises everyday.  New challenges and often a different income every month.  As anyone who is self employed with an irregular income knows, retirement financial planning isn’t something that comes easy when you’re just not sure from one month to the next. Today might be a boon, and tomorrow might be a bust….

Robo advisors

Can Robo Advisors Program Wealth into Your Retirement Plan?

Robo advisors might sound futuristic, but they’re really not as new as they sound. Roboadvisors use the same technology that’s been available to human advisors for decades, according to Investor Junkie, but it’s just now coming available to the everyday investor. Learn more about what is a robo advisor in, “Should RoboAdvisors Automate Your Retirement…

Investing in real estate during retirement

Expert Interview Series: Sonia Booker about Investing in Real Estate During Retirement

“With rents going up, there are so many upsides to consider purchasing real estate to live; and in the long run, this purchase will provide a big boost to your retirement portfolio,” explains Sonia Booker. In addition to owning and running her eponymous website, Sonia is an innovative entrepreneur, author and real estate investor. Below,…

Save for Retirement

5 Ways to Jump Start Retirement Savings

Take a look at your savings. How confident do you feel that your savings will enable you to have the retirement you want? “We are living longer,” says Reid Abedeen, an investment advisor and partner at Safeguard Investment Group. “Retirement now is considered 20 to 30 years of unemployment, so all the money you build…

Retirement investing

Retirement Investing: What You Don’t Know About 401ks Can Hurt You

How well do you know your 401(k) plan? If you’re like many Americans, you know more about your health insurance than this retirement savings device. Although your health is important, so is your retirement income to enjoy your good health later in life. Retirement investing takes a lot of forms, and an employer-sponsored 401(k) could…

save for retirement

Easy Ways to Save Money for Retirement

Are you saving all you can for retirement? We all know we have to do it.   But, the reality is that saving is hard. However, if you don’t save for retirement, you are likely to run out of money as you age. Easy Ways to  Save Money for Retirement It can sometimes feel like you…

asset allocation

What is Asset Allocation? Diversification? Rebalancing?

Asset allocation is a term that refers to the strategy you use to put your money into different types of investments. You are dividing your money across different asset classes like stocks, bonds and money market securities. Asset allocation tries to achieve the right balance of risk and reward as defined by your: Risk tolerance…

retirement investments

Using Your Bank for Financial Advice: Good Idea or Bad?

Now that pensions have pretty much gone away.  Now that we spend 20-30 years in retirement.  Now that Social Security covers only a fraction of our retirement expenses…. Now that we are pretty much solely responsible for saving for our own retirement, many of us are asking should I get a financial advisor and if…

alternative retirement investments

A Personal Account of Investments Beyond Stocks and Bonds…

The following account of non traditional investments comes from Henry K. “Bud” Hebeler.  Bud is a frequent contributor to the Wall Street Journal, Kiplinger’s Personal Finance, Market Watch and NewRetirement.  He also runs the Analyze Now web site.  You can also link to learn more about: stocks, bonds and other traditional retirement investments or other…

retirement investments

Retirement Investments: Beyond Stocks, Bonds and Mutual Funds

One of the beauties of living in the United States is that we have no shortage of money making schemes available to us. The problem is that there is a lot of complexity and inefficiency and some scams to avoid while finding great ways to grow our savings. And, while all investments involve risk, non…

Retirement Investments

Retirement Investments: Traditional Choices for Your Savings

Saving for retirement is hard.  Knowing how to invest and manage your retirement savings might be even harder — and more important.  The good news is there are increasingly new and better tools to help individual investors make good choices and automate the management of funds at a low cost. Here is a guide to…

Robo Advisors

Robo Advisors: Should You Automate Your Retirement Savings and Investments?

Robots. They answer the phones at our insurance agencies. They build cars in our factories. They even vacuum our floors if we own a roomba. They now can now also make personalized investment decisions for you and your retirement. Robo Advisors are a relatively new type of online investment service that are designed to help…

Charitable gifts in retirement

Best Ways to Fund Gifts to Kids or Charities: a Personal Account

The following account of charitable giving comes from Henry K. “Bud” Hebeler.  Bud is a frequent contributor to the Wall Street Journal, Kiplinger’s Personal Finance, Market Watch and NewRetirement.  He also runs the Analyze Now web site. Over my 26 years of retirement, I must have done some things right because I have been able…

Charitable Giving

Giving in Retirement

For many of us, the desire to give back 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 psychological benefit to giving.  In…

Bear market

2 Ways to Use the Bear Market to Your Advantage

Few argue that we’re headed into bearish market now, but that doesn’t mean you should sell off your investments and stow the cash under your mattress. Managing investments through a bear market takes an alternate strategy that lets you weather the upcoming uncertainty. Few hope to see extraordinary returns in a bear market. But if…

retirement withdrawal rules

No Retirement Withdrawal Strategy is Perfect, Particularly the 4% One

Saving for retirement is critical and investing those assets efficiently is important.  However, that is not the end of worries for retirement savings. When you retire, you have a new problem to be concerned with: how much can you withdraw each year without running out of money. The common rule of thumb has been for…

7 Tips for Protecting Your Retirement Savings from Stock Market Turmoil

The saying: “what goes up, must come down,” is not always true of the stock market over the long term.  But when stocks fall in the short term, it is particularly troubling for those of us who need money for retirement. The financial crisis that started around 2008 severely impacted the retirement security of many…

Retirement advice

Real Stories: The Best Retirement Advice

Where would you look for retirement planning advice if you could talk with anyone at all? Would it be a trusted friend or family member, or maybe a celebrated financial advisor? USA Today Personal Finance Editor, Rodney Brooks, couldn’t ask his most trusted friend and relative – his father – so he set out to…

Saving for retirement

Expert Interview with Amanda Abella About millennials saving for retirement

Amanda Abella is a bestselling author, a business coach to millennials, and the creator of the Make Money Your Honey coaching process. She offers the free 5 Ways to Stop Sabotaging Your Chances of Making Money course on her website. Recently, she spoke with us about how and why retirement is something that millennials should…

Expert Interview with King Kovacs About retirement funding

“An individual should start to build their retirement nest egg by saving money immediately!” says King Kovacs. Mr. Kovacs of Mutual Interest Data Service, Ltd. follows this up by offering practical advice to help you get started on retirement funding today. Here, he discusses what mutual funds need to offer, what millennials need to know…

How Much Should I Save for Retirement? Average Savings Rates for Every Age

Keeping your retirement savings on track helps you meet your retirement goals. That seems like a very simple concept, and in a way it is. But living with that plan every day isn’t quite so simple. Why You Need to Save for Retirement More than 1/3 of Americans don’t have a retirement plan to speak…

retirement investments

Expert Says to Avoid These Three Investments for Retirement Savings

By the time you hit retirement you should be able to kick up your feet, go on that vacation you’ve always wanted, or buy that dream house—not stress over your financial portfolio. While there are many fantastic financial tools that can help ensure a fruitful retirement, there are also certain investments that may cause more…

Retirement planning

Expert Nest Egg Retirement Planning Advice from Jean Setzfand

Do you feel like you don’t have enough saved for retirement? This can be a scary thought, especially if you are getting closer to retirement age. If you waited too long to start saving for retirement, you are not alone. One survey from Transamerica shows that 81% of Baby Boomers waited longer than is suggested…

Investing for retirement

Expert Interview with Benoit Poliquin About Investing for Retirement

A comfortable retirement won’t happen by accident. It requires an active decision from the potential retiree to seek expert advice and evaluate their financial standing. But what does that look like? To better understand the process of saving for sustainability, NewRetirement spoke with Benoit Poliquin. Benoit is the Lead Portfolio Manager and President at Exponent…

401(k)

When and How to Roll Over Your 401(k) Plan Into an IRA

A new job can bring a lot of new opportunities, including the choice of a brand new home for your old 401(k) investment. When you move from one place of employment to another, you’ll probably want to at least give some careful thought to taking the funds in your old 401(k) plan with you. You…

The Biggest Risk in Financial Planning: Avoiding Risk Itself

Across all generations, Americans tend to steer away from risk, and they have become even more risk-averse since the height of the financial crisis. That spans all areas of their lives. In fact, compared with fall 2008, a new study finds: One third (32%) of Americans are less comfortable today taking risk with their finances,…

Wealth enhancement for retirees

Expert Interview with Jon Castle from Paragon Wealth Strategies LLC On Wealth Enhancement for New Retirees

In today’s uncertain economic climate, many new retirees are worried about outliving their pensions and retirement plans. In fact, 46% of investors in the United States are worried of running out of money in retirement, according to a Wells Fargo/Gallup survey from 2014. In light of an uncertain Social Security system, changing industries, and roller…

Retirement

Retirement Planning: How Much Do I Need to Retire?

Your retirement goals aren’t like anyone else’s, but you can still use guidelines to help find the right plan. We all know that saving is important, whether we’re just starting out or growing close to retirement age. What a lot of us don’t know is “how much do I need for retirement.”  Is my plan…