Should you hate annuities? Yes, some types. Others? No, not if you believe the federal government, trusted academics or Ken Fisher himself. Behind every successful marketing campaign, there’s a dirty secret. The case of Fisher Investments’ “Why I Hate Annuities And You Should Too” is no different. Here are six reasons why following the advice … Read more
If you dont properly protect your assets, they can potentially be lost in a lawsuit, bankruptcy, or to other creditor actions. Its important to understand the laws that can provide asset protection and to know what measures you can take to protect your savings. Have you ever worried about losing everything you’ve worked for? I … Read more
It can be tough to prepare for retirement amid todays economic uncertainty, and even retirees whove planned diligently are feeling the pressure of the current landscape. One major issue is that the stock market continues to swing unpredictably, making it increasingly difficult to use stocks and bonds to adequately prepare for retirement. Plus, everyday expenses … Read more
Have you been searching for Vanguard annuities only to find they’re no longer available? You’re not alone Many investors were surprised when one of the most trusted investment companies decided to exit the annuity business Let me break down exactly what happened to Vanguard annuities and what it means if you’re a current annuity holder … Read more
Let’s face it—investing in your 80s is a whole different ballgame than investing in your 40s or 50s. I’ve seen too many older folks making the same mistakes with their hard-earned money, either taking on too much risk or being so conservative they can’t keep up with inflation. If you’re wondering where an 80-year-old should … Read more
Ever stared at your retirement account balance and wondered, “Is this enough?” Or maybe you’ve put off retirement planning because the whole thing feels overwhelming. I get it – figuring out how much money you need to retire comfortably is like trying to predict the weather 20 years from now. But don’t worry, I’ve dug … Read more
Have big dreams for your money, but not a ton of know-how yet? No sweat. These money tips for your 20s can help you reach your goals. Your 20s can be a hugely transformational time. It’s when you may move out on your own, kick off your career, and really start getting to know yourself. … Read more
Most people never reach $1 million in savings. Indeed, my clients typically have between a few hundred thousand to a few million in assets. Yet, they manage to retire comfortably. So, with these more realistic levels in mind, let’s see how it looks to retire on $500k. Ultimately, anybody approaching retirement faces a choice: Do … Read more
All you need to know about the rules for withdrawals of earnings and conversions Part of the Series What 50-Year-Olds Need To Know About Roth IRAs Roth individual retirement accounts (IRAs) come with many tax benefits, including tax-free withdrawals. However, to avoid a 10% early withdrawal penalty and owing income taxes on all or a … Read more
Are you facing financial hardship due to the pandemic? Wondering if you can dip into your retirement savings without getting hit with penalties? Good news – the CARES Act created special provisions allowing penalty-free withdrawals from retirement accounts during the COVID-19 crisis Let me walk you through everything you need to know about taking money … Read more
