Is retirement on your horizon? Have you thought about what it will take to be prepared financially to retire? This article provides a number of common financial decision points and action items that you may need to evaluate during your “pre-retirement” period.
Should your portfolio be invested in dividend paying stocks during retirement? This answer always varies, but for most the answer is NO! Let us explain
A 500-point move in the Dow does not have the same impact on performance as it used to. With this in mind, we examine what a point move in the Dow means and the impact it may have on an investment portfolio.
Find out the maximum contribution limits that can be made to most retirement savings accounts including 401(k) plans, 403(b) plans, traditional and Roth IRAs for 2019.
When the stock market declines, many investors are wondering what the future holds and if they should make changes to their portfolios. While it may be difficult to remain calm during a stock market decline, it is important to keep things in perspective and remember that volatility is a normal part of investing.
Learn how an investment approach that employs an effective "tax-loss harvesting" strategy can help you make lemonade out of investment lemons.
It’s almost Election Day in the US once again. While the outcomes of the elections are uncertain, one thing we can count on is that plenty of opinions and prognostications will be floated in the days to come. In financial circles, this will almost assuredly include any potential for perceived impact on markets. But should long-term investors focus on midterm elections?
Our very own Chip Hymiller was recently featured in an article addressing recent market volatility
Just a quick reminder that Medicare Open Enrollment begins on October 15 and runs through December 7. Any changes made will be effective January 1, 2019, more details about this process are in the article.
You will note in the table below that over the last year the S&P 500 (U.S. stocks) has outperformed its international counterpart by more than 22%! This disparity in performance becomes even more magnified when considering 10 year and 15 year performance numbers. In fact, U.S stocks have outpaced foreign stocks by about 2.5% annually for the last 15 years! So why is it important to take a global perspective when investing for the long term?
People who have a tax-deferred retirement account like an IRA, Simple IRA, SEP IRA, or 401(k) plan are required to begin taking an annual distribution from these accounts at the age of 70 1/2.
Families of those with special needs have historically had limited options when accumulating funds for their loved one’s future.
Given the high demand of retirement communities, which can include independent living and assisted living alternatives, many are taking a proactive approach in evaluating and moving into these communities—prior to health changes that could warrant the necessity to move in
This article discusses differences between 529 College Savings Plans and Coverdell Education Savings Plans
Asset "location" - which types of investments should be held in which accounts -is different based on your stage in life. An accumulator and a retiree should have a different investment strategy.
What was going on in 1987 to cause such market uncertainty? Well, there were a number of things. Uncertainty in the Middle East. Oil price volatility related to an OPEC collapse. An economy that had expanded rapidly, but was now beginning to slow.
While implementing a security freeze on your credit is a great way to prevent new credit from being extended in your name, you need to understand that there drawbacks.
The ability to contribute to Roth IRAs can represent one of the most beneficial financial planning decisions that people can make for their future.
There are many planning strategies that can be utilized in situations that are tailored to an individual’s personal circumstances and preferences.
Research has shown that the timing of one’s retirement can be important – especially as it relates to investment returns in the early years of retirement. Someone who retired just prior to the “Great Recession” could have experienced significantly larger portfolio “drawdowns” than someone who retired during a period of economic expansion and higher investment returns.