Becoming a mentor in retirement can change lives – the mentee’s life and your life. Opportunity awaits to contribute to the success of a younger (or older) person whether you are near retirement or already retired. Plus, mentoring is a great way to stay engaged in retirement and contribute to living a fulfilled life.
Mega backdoor Roth IRAs are complicated retirement savings strategies. But for the right person, they could offer better tax diversification and a big tax advantage. Is this an option you should consider?
Another year means another set of resolutions. Motivation won’t help turn your resolutions into goals and accomplishment of such goals – setting a plan and taking action will!
In this installment in our series on Evidence-Based Investing Insights, we talk about two types of risk and how to deal with them. You will see how some risks should be avoided because they offer no reward, while other risks should be accepted and managed.
As another year rolls around, it is good to stay abreast of the revised tax numbers, including tax brackets, standard deduction, and retirement plan contributions, among others. Now is the time to start planning your 2021 tax strategy!
When looking for mutual funds or exchange traded funds with low expense ratios, it helps to first know what you own and know what you want to own. Low expense ratios are important as is good performance and lower risk.
Do you feel like you are paying too much for medical needs? A Biden administration may impact the cost and coverage of your heath insurance and the overall price you pay for medical goods and services. Much will depend on who ultimately controls the Senate and the negotiations the parties make along the way.
In this installment in our series on Evidence-Based Investing Insights, we talk about the free lunch of diversification. You will see how diversification can reduce some of the risks of investing while increasing your investment efficiency.
