Do you understand how inflation can affect your retirement? If not, you might want to read this post and consider how inflation can have a distinct impact on your retirement accounts. The basics [...]
As I approach the age of 50, I am starting to think and see things in a different light. To do this properly, you need to know where you have been, understand any mistakes you might have made and [...]
Now if you have been prudent and saved appropriately during your working years you may have an Individual Retirement Account (IRA) that may have a required minimum distribution. At age 70 ½ [...]
Are you retired and considering making a contribution to your IRA? This is a question I do see and get from time to time from people approaching retirement or already in their retirement. There [...]
Are you in need of money and you have depleted your emergency fund? Well, there are certain ways to tap into your retirement accounts if the conditions are right. Under normal circumstances, [...]
Millennials are in a unique situation in today’s financial world. In generations past people went to college or started work right out of high school and tended to stay with that company for many [...]
Retirement is not something that you should wait to plan for. In fact, the sooner you can begin planning the better off you will be when it is time to retire. So where does one begin you may ask? [...]
Required Minimum Distributions or RMD’s and what you need to know. The RMD’s are extremely important to people who have reached age 70 and ½ due to their complexity and tax consequences. And yes [...]
Tax time is right around the corner, but there are some ways in which you may be able to reduce your tax bill. And no they are no slight of hand or trickery, but legitimate ways in which you can [...]
Having just finished a Master’s of Science in Financial Planning I have a unique insight on the following bits of advice when it comes to money. As a Gen X person myself, I tend to think more on [...]