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 Savings and Investments News, Information and Guidance
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…
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…
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…
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…
“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…
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…
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…
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….
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…
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,…
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…
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 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…
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…
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…
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…
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 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? 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…
Planning for retirement is probably one of the most confusing jobs that you’ve ever taken on. There are so many choices to make, and so many so many questions that you’ve probably got. For example, what is an IRA account, and why do you need one? There’s so much more to retirement planning than tucking…
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…
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 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…
“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,…
