Planning ahead for the care you’ll need when you can no longer care for yourself is one of the most necessary parts of a comprehensive financial plan. It combines two of the most important factors of risk management: ensuring your needs are met in the way you want...
Tax planning for retirement is different from the strategies you deploy to minimize taxes while working. You’ll be using your investments for income, and the way they are taxed is different depending on the type of account you hold assets in. In addition, at age...
You’ve built a retirement nest egg by saving consistently and investing carefully. An asset allocation that allowed growth but gradually reduced risk as you got closer to retirement was probably part of the plan. But once you’re in retirement, your focus shifts a bit....
The Roth IRA isn’t usually associated with high earners. However, there is a way to provide the advantages of tax-free growth and tax-free withdrawals in retirement, even if you are over the income limits. An IRS loophole that allows for investment account conversions...
