5 08, 2019

Make the Most of Your 401(k)

We all know that a 401(k) is one of the most important retirement planning tools we have: The potential tax benefits and power of compound interest can make it a great savings and investment tool for anyone who practices financial discipline and contributes regularly. But your contributions aren’t the only things to consider when figuring [...]

19 03, 2019

Don’t Let Market Volatility Ruin Your Retirement

Now that you’re nearing retirement, the term “market volatility” might stir up different feelings than it 30 years ago. Older workers and retirees understand that they have less time to make up for losses in their investments and to ride out future market crashes than they did when they were younger. And with life expectancies [...]

19 02, 2019

Is Now the Time to Convert to a Roth IRA?

Roman poet Horace penned the famous phrase, “carpe diem” – seize the day. Could 2019 be the year to seize the Roth? A Roth IRA can be a valuable asset in retirement because qualified distributions are not taxed, unlike distributions from a traditional IRA.  Roth IRAs are also not subject to required minimum distributions, (RMDs) [...]

1 02, 2019

Benefits of Pairing Your IRA with a Health Savings Account

Healthcare costs can skyrocket in retirement, and Medicare only covers so much. A Health Savings Account (HSA) allows you to set aside pre-tax money to pay for qualified medical expenses like deductibles, copayments, and coinsurance to help cover your healthcare costs. An HSA is a great retirement planning tool, especially when paired with an IRA [...]

25 05, 2018

What Does Asset Protection Really Mean?

Asset protection is simply a strategy designed around keeping your assets safe from things like certain legal situations. Asset protection planning is defined as taking assets that are subject to creditors’ claims (non-exempt assets) and repositioning them as assets that are out of the reach of creditors’ claims (exempt assets). For most of pre- and [...]

17 03, 2017

Increase the Odds of Winning Your Financial “Bracket”

It’s the best time of the year for lots of sports fans, particularly those who love college basketball. More than 70 million brackets are filled out during the College Basketball Championships with everyone hoping they are this year’s expert, balancing said expertise with risk, reward, and future expectations. While perfection is unlikely (a 1 in [...]

11 11, 2016

The Necessity of Creating Guaranteed Income Streams

    In retirement, it is extremely important that you have options for guaranteed income. Retirement isn’t like it used to be, and with fewer sources of guaranteed income from employers, it’s important that retirees fill these voids and have money to spend on a monthly basis.  Outside of company pensions, cash flow can be [...]

8 11, 2016

Change is Coming…Is Your Portfolio Ready?

It's finally here, Election Day is upon us. Regardless of your affiliation, we can all likely agree on one thing, we're happy that it’s finally coming to an end. Many people refer to the discourse of this election as one of the nastiest, but can you recall a “friendly” election in the recent past? What’s [...]