Investors older than age 70 1/2 who are taking required minimum distributions from their traditional IRAs can steer a portion of their distributions--up to $100,000--directly to the qualified charity of their choice, thereby satisfying the required minimum distribution (RMD) requirements.…
Read More It’s Giving Season – The Advantages of a Qualified Charitable Distribution
Know Your Tolerance for Risk vs. Your Appetite for Risk Risk – The exposure to an impairment of standard of living and irretrievable loss of wealth. Risk Appetite – The amount and type of risk you’re willing to accept in…
Read More The Difference Between Risk Tolerance and Risk Appetite
Why do we recommend stocks for investing over the long-term? Because the evidence supports that investing in stocks has provided the best real returns (after inflation adjustments). From the Credit Suisse Global Investment Returns Yearbook 2016:
I’ve mentioned on a number of occasions that the S&P 500 has been nothing short of disappointing since the turn of the century. I hope that every single reader who is still adding money to their investment portfolio on a…
Read More How Great Is Dollar Cost Averaging? You Don't Know The Half of It
Are you on the right financial path? When will you be able to retire and what financial adjustments would be advisable for you to reach your goals? Our comprehensive financial plan reviews multiple aspects of your current finances and your…
The most financially savvy people aren’t afraid to ask for advice; they know their own strengths and weaknesses, and are also good at setting goals and priorities. Here are four traits that those who are shrewdest about money have in…
When corporations moved from pension benefits to 401(k) plans, workers had to become the financial planner, investment manager and actuary in order to successfully plan for retirement income.
The IRS announced on Thursday that the limit on elective deferral for contributions to 401(k) plans, 403(b) plans, most 457 plans, and the federal government’s Thrift Savings Plan will increase from $18,500 in 2018 to $19,000 for 2019. However, the…
Returns from stocks can vary greatly from year to year, and as in the case of 2018, month to month during the year. Over short periods of time (monthly, quarterly, yearly) the returns from stocks can range from up 53%…
