The Setting Every Community Up for Retirement Enhancement Act of 2019 was passed by Congress and signed into law at the end of 2019. The SECURE Act, as it’s known, represents the most sweeping set of changes to retirement legislation in more than a decade. It has several benefits for American retirees—and some drawbacks as …
Four Secrets to Make 2020 Great
“If you want others to be happy, practice compassion. If you want to be happy, practice compassion.” –The Dalai Lama As the year winds down, I find myself thinking of the year ahead and how to make it better. Regular readers may know that my father passed away this year and that event has inspired …
Scared to talk to a financial advisor? Here are 6 benefits of overcoming your fear.
If you are of a certain age, you recall the quote from Ronald Reagan: “The most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’” It’s sometimes the way people feel when they contact a financial planner. Are financial advisors worth it? A recent study shows that 71 …
Scared to talk to a financial advisor? Here are 6 benefits of overcoming your fear.Read More
What financial accounts should I have? Here are the six you need.
In preparation for the new year, let’s think about getting our financial house in order. A great place to start is to organize your accounts. Here are the six financial accounts you need: Master checkbook. This is where your payroll gets deposited and any other regular income you receive. You can pay your big monthly …
What financial accounts should I have? Here are the six you need.Read More
Do I have enough savings to retire?
A few families I’ve met with lately have seemed uncomfortable and even embarrassed as we talked about their situation. I see this a lot. Many people think that they are supposed to have a certain amount saved or have achieved some financial goal by a specific time. How much is enough to retire? Clients ask …
What is the 5-year rule for Roth IRAs?
Roth IRAs have been with us for more than 20 years. That’s about as long as we’ve had Google, and the same amount of time since the last presidential impeachment hearings. Some things have changed a lot in that time, and some things are the same. The Roth IRA was an unusual idea when introduced …
