Are you ready to retire?

Are you ready to retire?  Every individual is different and the time to retire for one person is most likely the time for another to buckle down.  I’ve recently read two articles about early retirement.  I’m going to include their links but first I wanted to say two things.  Not everyone wants to retire even…

Read more

5 dos and 5 don'ts of financial planning

If you’re in your 50s, retirement is on the horizon.  Here are some important financial planning decisions you need to avoid. Don’t dip into retirement.  With the average employee having seven careers in a lifetime, there’s a possibility that you’ll experience seven or more temptations to cash out an IRA rather than roll it over. …

Read more

Roth IRAs versus traditional IRAs

The primary difference between Roth IRAs and traditional IRAs is the point at which your investment is taxed.  Contributions to a Roth IRA are not tax-deductible and withdrawals are generally tax-free.  The benefit to Roth IRAs is that there are fewer restrictions and requirements.  For inheritance purposes, passing a traditional IRA to your children means…

Read more

4 Baby Boomer housing decisions

Owning a home is part of the American dream, or at least it has been.  It’s a bit up in the air for the Millennials and while that gets sorted out, the Baby Boomers are still keen to own their own home.  A US News story looked at seven housing trends for Baby Boomers which…

Read more