15 Dec
December 15, 2014

I remember reading an article several months ago about a financial advisor paving the way in the industry with her unique rule for taking on new clients.  Essentially, she would only accept new clients preparing for retirement if they were willing to run through her proprietary budgeting process.

The budgeting process that this advisor implemented worked best for new clients that had a goal of retiring in the next year or so.  The goal was for each client to review their

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25 Nov
November 25, 2014

Inaugurated just after the great inflation of the 1970s, it’s no surprise Ronald Reagan claimed, “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” Certainly hyperinflation and stagflation can be trouble for an economy, but moderate inflation is actually a sign of a healthy economy. With that said, even moderate inflation can have a large impact on your purchasing power over the long run.

In the

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20 Oct
October 20, 2014

If some is good, more is better.  While exceptions to this rule certainly exist, I don’t think you will find many people who will argue this stance when it comes to their retirement funds.  In my previous article, “Who Wants To Be a Millionaire?” I discussed how you can use time as a machine to compound wealth. Here are additional steps that can help you work toward a higher return on your 401(k) and propel you closer to your ideal

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01 Oct
October 01, 2014

On the surface converting an IRA account to a Roth account seems to make perfect sense. What a great way to pass on tax free assets to the next generation or even have tax free money that you can take out, at your discretion, during retirement. Before you rush out and convert your IRA to a Roth account, however, let’s take a closer look.

First and foremost, the president included a few proposals in his 2015 budget to

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05 Sep
September 05, 2014

By now everyone and their brother probably knows the pros of owning a Roth IRA, but what about other options? Yes, there are other ways to build your ideal future! Having a tax-free bucket of money can provide tax planning flexibility in retirement income strategies that allows you to live the retirement lifestyle you’ve always wanted.

While Roth IRAs are important retirement investing tools, they have restrictions on who can fund them in any given year.  For example, high income earners

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