On March 29th, the House of Representatives voted 414-5 in favor of the “Securing a Strong Retirement Act of 2022” or as it is better known, SECURE Act 2.0. Next the bill will go to the Senate and if passed will expand on the SECURE […]Read More
Russia Could Default on Debt as Sanctions Cripple Economy
The devastating war and humanitarian crisis in Ukraine continues to remain in the forefront of news outlets and in the hearts of individuals around the world. Russia has beenthe recipient of financial sanctions from the west, including freezing over $300 billion of foreign reserves due […]Read More
Monte Carlo Analysis: Are you using this powerful tool when planning for your future?
A few blog posts ago, we examined the 4% retirement rule of thumb. The 4% rule was based on William Bengen’s examination of every rolling 30-year period from 1926 to the mid-90’s. He found that during that time period, a retiree could withdraw 4% of […]Read More
Is This Volatility Normal?
As many have noticed, markets have been extremely volatile this week, first heading into correction territory and then bouncing right back.1 In the moment these might seem like out of the ordinary moves, but are they? The simple answer is not really. These things happen […]Read More
Giving the Gift of Stock
Monetary gifts come in all sizes, shapes, and forms. From a dollar in the donation bucket to the purchase of savings bonds for grandchildren, monetary gifts are a generous expression of support that benefit both the recipient and the donor who shares in the joy […]Read More
Does the 4% Retirement Rule Still Hold Up?
Does the 4% Retirement Rule Still Hold Up? One of the most prevalent rules of thumb in personal finance is the 4% withdrawal rate. This was coined by financial planner William Bengen in the mid 90’s when he found that over every rolling 30-year period […]Read More
Employee Stock Options: Just like owning the stock, right?
If you currently or have ever worked for a large company, there is a good chance that you’ve received stock options as part of your compensation package. These can be a great way to enhance your overall savings and are a very nice benefit to […]Read More
5 Important Points of the new “American Families Plan” Tax Proposal
On September 13th the house ways and means committee released their new tax proposal. Read on to learn about 5 important changes! New Tax Brackets! The new bill titled “The American Families Plan” would change the current tax brackets as shown below. Single Married Filing […]Read More
Is this type of annuity a drag on your portfolio?
Investor pro tip: most investments that are pitched along with a free steak dinner deserve more than a quick once over before you sign on the dotted line. Chances are those investments work out better for the one selling them than they do for the […]Read More
Mega Backdoor Roth: Is It Available and Right for You?
The Roth IRA was originally established in 1998 through the Taxpayer Relief Act of 1997 and originally allowed investors the opportunity to contribute $2,000 per year. The benefit of the Roth IRA would not allow for an immediate tax deduction (unlike its Traditional IRA cousin), […]Read More