Uses of a Roth IRA Roth IRAs are similar to Traditional IRAs, but the main difference between the two is how they are taxed. Traditional IRA contributions are made with pre-tax dollars whereas Roth IRA contributions are made with after-tax dollars. Another major difference between the two
You’ve finally made it to retirement. You are happily sitting on a million dollars at age 65. You are healthy and looking forward to spending your golden years relaxing and doing some of the things you’ve always wanted to do but just didn’t have the time. You do have some concerns
The end of the year is quickly closing in, and there is no better time than now to take inventory of your financial situation. Evaluating, budgeting, and planning your finances is not a static activity, but rather endeavors that need attention on a regular basis in order to be successful. With a
Do you know what days the market closes for 2019? Or when different tax forms are due? Or when the various enrollment periods for Medicare and health insurance begin and end? Each year brings with it a host of new dates, deadlines, and observances to track. But I like to keep things easy, so I
Smart investing can overcome the power of emotion by focusing on relevant research, solid data and proven strategies. Here are principles that can help fight the urge to make emotional decisions in times of market turmoil.
#7 - Breaking Down the Current State of the Economy For the past few years, investors have experienced mostly smooth sailing conditions in the stock market. However, the markets have become rockier since October, prompting investors to wonder what actions they should be taking. Today,
Retirement is something that many people do not consider preparing for until their 30s, 40s, 50s or even later. If you are in your 20s you’re probably still trying to navigate your income, expenses, debt and how to make the most of your money, but one thing that should also be on your mind is
I think it’s safe to say that the most infamous mountain in the world to climb is Mount Everest. More than 280 people have lost their lives trying to make it through the clouds to its 29,029-foot summit. Some have made it their life long mission to navigate its dangerous terrain to hopefully get to