Before we answer this question, ponder to yourself what you think the number one indictor would be for building wealth and having a...

Acquiring life insurance is one of the most important considerations a person can do to protect their loved ones after death. Two of the...

I would like to start off with a basic introduction to retirement-based target date and lifecycle mutual funds : Larger mutual fund companies and similar entities create these particular funds and the composition of this type of investment universally is the following: Layer 1: “Umbrella” Mutual Fund – Let’s use the Vanguard Target Retirement 2050 Fund that is simply just a placeholder for underlying mutual funds (Layer 2) Layer 2: Multiple underlying mutual funds created by

This is a great question that I get quite often. Many married couples have one income earner in the family and in many circumstances, this can limit their ability to save in tax-advantaged retirement accounts. Let’s say a married couple in their early-40’s has one income earner making $190,000/year and they want to save 15% ($28,500) of their income for retirement. The working spouse has a company 401(k) as well as a Roth IRA. Because the income earner is under 50, the maximu

I’m not sure if there is an actual definition of success tax, however if I were to locate one, it might state that the Required Minimum...

I’m not sure if there is an actual definition of success tax, however if I were to locate one, it might state that the Required Minimum...

Who remembers their senior year of high school? You’ve completed at least 12 years of school already, perhaps even more with pre-school,...

Disclosure: This article will most likely apply to high-income earners or those that are financially healthy and extremely aggressive savers. Let me just start off with mentioning that if you are maxing out your Roth IRA & 401(k) year in and year out, this is a great choice for your future as long as other financial factors allow you to do so. A quick reminder on current (2021) contribution limits for these two accounts are as follows: Roth IRA - $6,000/year (under age 50), $

In 1989, Senator Bob Packwood of Oregon, and Senator William Roth of Delaware, proposed the idea of what they termed at the time, the...

An all to common scenario in our office is, Client A walks in, has done an excellent job of saving money, presumably enough money to...

If you are an OPERS employee, you may or may not already know that you have a choice in the type of retirement plan that you participate...

For many Americans, a large part of your retirement net worth is contained within your company 401(k) plan. Employer’s encourage this...

The COVID-19 virus has changed our lives, at least for the short run, in impactful ways. As financial advisors, none more pressing than...

As one of Dave Ramsey’s Smartvestor Pros, it is common for us to meet clients who have heard Dave talk about using a Roth IRA to save for...