2020 RMD Income Tax Relief is possible
Are you one of the many retirement account holders who took a mandatory distribution this year? If so, you may be able to manage the taxes associated with Required Minimum Distributions (RMDs) from traditional IRAs and 401(k)s. There are some essential details to keep...
How Much Money Will You Need for Retirement?
“Will I outlive my retirement money?” That’s one of the top fears for people who are starting to prepare for their retirement years.So I have to chuckle a bit when I see headlines that say, “Here’s how much money Americans think they need...
An Unprecedented Rush to Cash
As Americans adjust their spending habits in a rapidly changing economy, they are building cash reserves at an unprecedented rate.The Bureau of Economic Analysis reported on May 29th that the personal savings rate hit a historic 33% in April. To put that into...
What If You missed the Five Best Days?
Hindsight is 20/20. It’s only human to imagine what it might have been like to turn left instead of right on some fateful day. However, that sort of daydreaming is unhelpful when investing, especially when it leads you to try and time the market.Since the...