Still Not A Bear Market, Yet Right now, there is a lot of fear and panic on Wall Street. It looks and feels bad. Yesterday seemed to amplify those fears even more. The Dow fell over 2,000 points for the first time ever. It was a headliner type day. You can’t brush a day like […]Continue reading
Death of the Stretch IRA: Should You Convert Your IRA to a Roth IRA? The SECURE Act killed the Stretch IRA. This could mean a nice tax bill for someone you care about. The big question that has come from this: “Should you convert your IRA to a Roth IRA?” Watch: Should You Convert Your […]Continue reading
Avoid These 4 Big 401k Mistakes in 2020 One of the biggest factors in your long-term financial success is avoiding the big mistakes. Unfortunately, we see many of the same common errors that—over a person’s career—can cost thousands if not hundreds of thousands of dollars. Try to avoid these 4 big mistakes in your 401k […]Continue reading
Earning compound interest can make you money. Potentially it can make you a lot of money. Today we’ll show you two examples of how you can benefit from compounded returns. This is part 2 of our Compound Interest Series. Part 1: Paying Compound Interest, can be found here. Watch: Earning Compound Interest https://youtu.be/wJIyLiW3_Vc Please be […]Continue reading
Do You Need A Million Dollars to Retire?
For some reason, people are fixated on this big round number. Some people will need at least that much if not more. Others will be able to make it work with less—sometimes much less.
We’ll talk about the factors which determine the answer to the “how much” question. And we’ll give you a brief example of how much income a $1,000,000 nest egg can provide.