Greetings! I trust that you are well and enjoying life. A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible loss of principal, here are six basic principles that may help you…
Continue Reading Six Keys to More Successful InvestingAuthor: Jeff Christian
Bridging the Retirement Income Gap
Greetings! I trust that you are well and enjoying life. When you determine how much income you’ll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to retirement, you may discover…
Continue Reading Bridging the Retirement Income GapCutting Back on Your Spending
Greetings! I trust that this finds you well and enjoying life. If you had to cut back your spending, where would you do it? This question has a way of reflecting our values as much as it does our practicality. One recent study found that when workers started feeling even a little unsure…
Continue Reading Cutting Back on Your SpendingYour Home as a Source of Dollars in Retirement
Greetings! I trust that this will find you well and enjoying life. If you own a home, you may be wealthier than you think. The equity in your home could be one of your largest assets, especially if your mortgage has been paid down over the years or paid off.…
Continue Reading Your Home as a Source of Dollars in RetirementAn Overlooked Tax Break
Greetings. I trust that this will find you well and enjoying life! In retirement managing taxes, in other words getting every possible tax break that you can based on your circumstances, can be as important as effectively managing your portfolio. Are you working with a good tax preparer and tax advisor…
Continue Reading An Overlooked Tax BreakWithdrawals and Taxes
Greetings! I trust that this will find you well and enjoying life. For years, employers and the government have encouraged people to save money for their retirement income through tax-deferred vehicles such as an IRA or company-sponsored 401(k) plan. In fact, many employers provide an additional incentive by offering to match a…
Continue Reading Withdrawals and TaxesUsing Your RMD to Benefit You and Avoid Tax
Greetings! I hope that this finds you well and enjoying life! My experience has been that if a retiree hasn’t started taking money out of an IRA until they are “required” to, they don’t need the money and as having to take the distribution triggers income tax, they usually aren’t too…
Continue Reading Using Your RMD to Benefit You and Avoid TaxConverting Retirement Accounts into Income
Greetings! I trust that this will find you well and enjoying life. During your working years you’ve probably set aside funds in retirement accounts such as IRAs, 401ks as well as taxable accounts. Your challenge during your retirement years is to convert those savings into an ongoing income stream that will…
Continue Reading Converting Retirement Accounts into IncomeCommon Factors Affecting Retirement Income
Greetings! I trust that you are well and enjoying life. When it comes to planning for your retirement income, it’s easy to overlook some of the common factors that can affect how much you’ll have available to spend. If you don’t consider how your retirement income can be impacted by investment…
Continue Reading Common Factors Affecting Retirement IncomeNaming a Charity as a Beneficiary
Greetings! I hope that this finds you well and enjoying life. I have a case that I’m working on that involves naming a charity as beneficiary. I thought you might be interested in the following about this tax saving idea. Can I name a charity as beneficiary of my IRA? Yes, you…
Continue Reading Naming a Charity as a Beneficiary