Here is an interesting article put out by the Retirement Researcher website blog.  It answers the question “Are Republicans or Democrats better for the stock market?” It’s an interesting conclusion…. If you have any questions, please feel free to contact me. … [Read more...]

Have you ever wondered whether you have too much or too little in savings at the bank? Having too little cash is a risk. Not only does it cause emotional distress, but it may put us in a position to require the use of high-interest debt to cover emergencies. Having too much cash in savings has an opportunity cost…..not much interest. There may be more productive places for these excess dollars somewhere else. The question is, how much is enough to have in savings? Here's how I help clients … [Read more...]

I believe that anyone can create a secure retirement by finding the answer to 10 key questions.   Three of the questions are about your retirement income.   One of them is about protecting your retirement income.   Three questions are about your assets.   One of them is about protecting your assets.   One is about taxes. The final question is about your financial legacy. Here they are…..  How and when will you take … [Read more...]

Many grandparents want to help their grandkids with college.  But they have common dilemmas and questions... What account type is best? What if they decide not to go to college? What investments can I use? How much can I contribute? Let’s tackle the issue of using the funds for non-college expenses first. If a grandparent wants to save for grandkids with the flexibility that the funds can be used for whatever the grandchild wants (including non-tuition expenses), one … [Read more...]

½ to age 72.  How does that impact people who were already taking RMDs who were under 72 and how does this impact those who were giving qualified charitable distributions from their IRA? Those under age 72 who were already taking RMDs: Those who fit into this category should CONTINUE to take their annual RMDs as scheduled under the original law.  The exception is for the year 2020.  All RMDs are waived for regular and inherited IRA accounts due to COVID-19. Those who had … [Read more...]