Blog

The end of March 2021 marks the one-year anniversary of the stock market bottom and the end of the shortest bear market on record. Since then the U.S. stock markets have quickly reached new highs, with the Dow Jones Industrial Average (DJIA) briefly crossing 33,000 last week.

The Roth 401(k) has become an attractive investment account, with investors attracted to their qualified tax-free withdrawals and contributions which receive after-tax treatment. But like other 401(k) plans, the Roth 401(k) carries with it numerous rules that impact their ultimate tax treatment.

Losing a spouse, whether through death or divorce, can be devastating both emotionally and financially. The loss can take months or even years to adjust to since there is no way to prepare for death or divorce despite having discussed contingencies with each other or their financial professional.

Women can experience more challenges saving for retirement than men, and unfortunately, COVID-19 has added even more challenges.

Based on how long you’ve been on this planet I bet that you can easily name events in your lifetime that seemed to change the world. Where were you on 9/11? How about when Kennedy was shot? Or Pearl Harbor?

You may have a very idealistic vision of retirement — doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may not provide enough income for your retirement years.

Retirement is a major milestone that brings many life changes. One thing that doesn't change for most people: the fear of running out of money. In fact, one of the most frequently reported retirement worries is outliving savings and investments.

Readers of this space know that I have been talking about the eventuality of interest rates going higher and the resulting changes we’ll need to make to our portfolios for about 10 years.

Divorce can deal both divorcing spouses one of the biggest financial blows of their lifetimes.

If you already contribute to a 401(k) or another retirement account through work, you may not have spent much time thinking about opening an individual retirement account (IRA). However, an IRA might provide you with a way to boost your savings even further.