Financial Articles

Your unique financial circumstances should ultimately determine the retirement guidance you follow. However, when you do consume retirement advice from the media or elsewhere, there are also several myths to be aware of.

Your future tax rate versus your current tax rate isn’t the only consideration for you to make when evaluating a Roth conversion.

Your natural money mindset might be to accumulate as much money as possible, but tales of even the wealthiest individuals tell us wealth isn’t the end all, be all.

What’s one way you can help care for loved ones when you’re no longer around? Eliminate uncertainty around your estate, possessions and end-of-life care with a thoroughly-crafted estate plan.

Stocks and bonds come with their own “risk premium” to investors, and the riskier an asset is, “the stronger the trend in the Random Walk”. To see that trend in a Random Walk assert itself, you have to stick around for the long run.

It should come to no surprise that as with any other retirement income stream, Uncle Sam gets his (taxable) share of your Social Security benefits.

A “leave it be” mindset when it comes to your lifelong savings is easier said than done. You know you have a sound investment strategy, but alas, the temptation to tinker is strong. Why?

The traditional needs versus wants paradigm is what often makes budgeting sound as much fun as going on a diet. This not only creates a lack of motivation to follow through with your budget, but also leaves you feeling deprived.

Your money mannerisms can reveal detailed aspects of your character and values, which is why the concept of money is so personal.

If your retirement goal is to step away from full-time work in your 50s or even earlier, the most important step is ensuring you have a paycheck replacement.

One of the biggest culprits of inaction is analysis paralysis. You don’t make a move because you’re afraid it will be the wrong one or that it won’t pan out perfectly, but often, all you need to do is take that first step.

Life Fulfillment = Time + Health + Money. That’s the equation you need for maximizing life’s experiences, and in that particular order.