Weekend Reading: For Couples, a Happy Retirement Requires Shared Goals
You should regularly assess the financial goals and vision you share with your spouse. It can be easy over the years to enter default mode, which is one of the many reasons to embrace the fact that marriage is hard work.
Weekend Reading: Ed Slott: Hold Off on Backdoor Roths, and More Tips for Tax Season in 2022
With new tax and retirement legislation looming ahead, it’s more important than ever to be proactive when it comes to your tax efficiency.
Weekend Reading: Comparing Financial Strategies: FIRE, 50/30/20, Bogleheads and Ramsey's Baby Steps
The latest financial craze, strategy or money influencer can be a helpful jump-off point if you’re looking to elevate your financial situation, but it’s important to bear in mind this advice should be taken with a grain of salt.
Weekend Reading: Why Critics of Bucketing Strategies are Wrong
Bucket strategies are immensely popular in the realm of retirement planning strategies, but as with any financial approach, they have their naysayers too.
Weekend Reading: We Fear the Known, Not Uncertainty
Life is full of “what-ifs”, and not knowing what’s around the bend is what might often cause you feelings of fear and stress.
Weekend Reading: The 'Perfect' Investor Has These Two Traits
When it comes to successful investing, Jack Bogle once advised, “Don’t do something; just stand there”, and he makes a fair point.
Weekend Reading: Maximizing the Step-Up in Basis by Gifting Assets Between Spouses
Presently, taxpayers have a roughly $12 million estate exemption per person. As such, a step-up in basis strategy can be utilized to help minimize capital gains taxes upon the sale of those appreciated assets.
Weekend Reading: Ten Insights from the Originator of Financial Therapy
The behavior and decisions you make around money root far deeper than you might ever realize.
Weekend Reading: How to Want Less
What constitutes a satisfying life? Your answer will more than likely differ from mine, and that of anyone else you ask, but what remains is the fact we’re all in continual search of it.
Weekend Reading: How Thinking About 'Future You' Can Build a Happier Life
You put effort into cultivating relationships with friends and family, but what about the relationship you have with your future self?
Weekend Reading: Dreading Income Tax Season? Try Income Tax Planning Instead
Some might view tax season as a once-a-year event where Uncle Sam takes an unpredictable slice of your hard-earned savings. However, in the grand scheme of your retirement, tax planning should occur throughout the year, every year.
Weekend Reading: Fear and Greed: An Investor's Worst Enemies
With a lack of clarity still in the financial forecast, this article spotlights two fear and greed-based biases you will want to be aware of, so you can learn to not only manage them, but to also put more focus toward the long-term success of your investments.