Articles

For many people, the desire to cut expenses is a moving experience. We have clients all around the country. So there’s a pretty substantial discrepancy in how much the people we work with pay in state and local taxes. If you live in a place like...

A mutual fund enables investors to “group” their money together in a professionally managed portfolio. Over 55 million people own them.[1] Think of mutual funds as a consolidator. They amass revenue from thousands of shareholders into one investment...

Remember when taxes were something you began worrying about on April 1st? The good ol’ days. That’s okay. As the tax code has changed, you simply have to adapt and change with it. While by no means comprehensive—there’s a lot more to consider than...

Are you over 50? If so, how much risk do you have in your portfolio? This is, of course, a key question for anyone nearing (or in) retirement. But while it’s important, answering that question isn’t easy. Some financial professionals may prescribe...

Reader’s Question: My husband and I are both in our late-50s. We steadily contribute to our 401(k)s, but other than the equity in our home, we have no other real retirement savings. After recent salary increases (and with static monthly expenses),...

You don’t have a 401(k)? About 55 million people are currently contributing to a 401(k). This adds up to over $5 trillion (which is 59% of all private retirement savings) that is earmarked to pay for a portion of retirement. [1] 401(k)s are...

It’s no simple task to accurately calculate your retirement income needs all on your own. Sure, there are people who endorse something called the 4% Rule. But that one-size-fits-all approach neglects a lot of important variables, making it, at best,...

Q: You often hear that you should rebalance your portfolio. I’m 56 and recently inherited a substantial sum of money, but I’ve never invested before. This has to pay for my retirement! Will you please explain to me what rebalancing is, why it’s...

If you had to choose a single photo that represented what retirement means to you, what would your image be? These days, it’s difficult to narrow an entire retirement down into one picture, isn’t it? Whereas it used to be almost entirely about how...

5 things savvy participants should do. Nationwide, there are over 50 million people participating in a 401(k) plan. [1] Does that include you? We hear from a lot of folks, usually callers to Money Matters, our long-running financial topic radio...