Only 51% of Pennsylvanians have tried to figure out how much they need to save for retirement—and just 31% are satisfied with their current financial condition.
One way is determining your risk tolerance.
Learn why we use time-weighted return as a reporting metric and see how it gives you an accurate picture of portfolio changes over time.
Many are unknowingly saying, “No thank you”.
Many people believe all they need to do for retirement is defer as much money as they can. This is rarely the case.
Do You Have an Accurate Vision of Retirement? If You Don’t Know Where You Are Going, It’s Going to Be Hard to Get There.
Retirement is not a date on a calendar; it is a journey that begins before our working career ends.
There is a way to get a partial deduction for money that will eventually go to your children. A charitable lead annuity trust gifts money to a charity first, and then passes assets to your beneficiaries.
Income earned by one spouse can be used to fund retirement accounts for both spouses.
And what should you do if you have forgotten to file Form 8606?
Becoming a millionaire doesn’t happen on its own: it takes planning and perseverance. Here are some steps you can take to grow your net worth.
The major components to life expectancy are genetics and lifestyle.
Your after-tax savings also offers tax advantages and other important benefits you may not be thinking about.
You may need to make quarterly tax payments on your capital gains.
A stock split is when a company decides to increase the number of shares outstanding.
A well-diversified portfolio of stock market indices has a history of recovering after each downturn.
Is funding an HSA right for you? Learn how you can use this account to pay for a number of medical expenses in retirement.
Understand your path for rolling after-tax money in employer-sponsored plans to a Roth IRA and the rules that need to be considered to complete this transaction properly.
It’s best to approach tax-loss harvesting cautiously and keep your broader financial plan in mind when making any tax planning decisions.
If you’re investing in mutual funds at the end of the year, exercise extra care to avoid paying tax on gains that are earned internally by the fund.
While presidential elections can influence market performance, many other factors do, too. It’s important to recognize the complexity of the stock market and be careful not to confuse correlation and causation.