How to Determine Whether a Traditional or Roth IRA Works for You

Roth and Traditional IRAs

-+*When it comes to investing, one size does not fit all. This is especially the case when it comes to deciding whether to go with a traditional or Roth IRA. Depending on your situation, either one could provide certain tax advantages to your financial plan. But you need to know the key differences. The Basics… Read More


What to Do with Your 401(k): Managing Your Post-Retirement Assets

What to do with your old 401k

-+*It can be staggering to consider how much Baby Boomers have accomplished. The Boomer generation changed American politics through their passion, altered our perception of the environment through their activism, and changed popular music forever through their tastes. After a lifetime of work, retirement is approaching and there are often financial decisions to be made…. Read More


The Decline of Pensions Leads to Greater Reliance on IRAs and 401(k)s

Pension Plan

-+*Over the last several decades, there’s been a gradual decline of pension plan availability in the United States. There was a time when people worked longer and collected less in overall pension benefits due to shorter life expectancies. Pension benefits paid over 5 or 10 years to a loyal employee who put in 30 years of service didn’t… Read More


Retirement Income and Systematic Withdrawals

Retirement Income and Systematic Withdrawals

-+*There’s no shortage of articles about the process of accumulating wealth. We spend our working years deferring part of our incomes into retirement plans and establishing various investment strategies to grow and protect our assets. However, there’s less discussion about the process of distributing our money back out to ourselves in the most effective way… Read More


7 Big Ideas for Getting the Most Out of Your Tax Refund

What to do with your tax refund

-+*According to the most recent IRS data, the average income tax refund is just over $3,000. Not bad. Too often, though, what seems like a nice fat windfall disappears faster than expected. But squirreling it away into a savings account at today’s interest rates will earn you nothing. You work hard for your money. Is… Read More


How a Personal Financial Statement Can Guide Your Investment Goals

Personal Financial Statement

-+*As investors, we plan for goals such as retirement, funding college for our children, and perhaps even supporting our parents as they get older. In the financial planning process, there are worksheets we can create and update, which may help us map out the best path towards financial goals and track the progress we’re making… Read More


6 Reasons Why You Don’t Want to Invest Like a Professional Trader

Stock market analysis

Kateri Young

-+*As everyone with a computer knows, the web is shoulder-deep in brokerages, services, and publications that promise to help you invest just like the pros. That’s no surprise. It’s a logical step in the democratization of information. On a technological landscape where anybody can become a self-made journalist, filmmaker, or detective, what’s stopping anyone from… Read More


Are My Investment Decisions Tax Efficient?

Close up Business background

Geoff Considine

-+*This is the eighth installment in our series on how individual investors can assess their financial health With investment gains, as with other types of income, it’s not how much you make that ultimately matters, but how much you keep.   In other words, you only get to spend what’s left after you pay taxes. There… Read More


How Much am I Paying in Investment Expenses?

Abstract Business Tip of the Dollar Iceberg.

Geoff Considine

-+*This is the seventh installment in our series on how individual investors can assess their financial health. In my experience, I’ve found that many people have no idea how much they’re paying for the privilege of investing. And survey data supports my observations. Ignorance is not bliss. Analysis of investment expenses suggests that many people… Read More