It's Okay To Ask For Directions.With so many paths to choose, it's easy to get lost on your way to a secure retirement. The right directions can make all the difference. I can help you create a road map and choose the investment vehicles that align with your needs.
These plans have generous contribution limits that increase with age, which may allow high-income business owners to catch up on retirement savings and significantly reduce their taxable incomes.
Closed-end funds are considered to carry higher risk but may provide a higher income stream than traditional mutual funds holding similar securities.
Overreacting to market movements or trying to “time the market” by guessing its future direction can create additional risk that could negatively affect long-term portfolio performance.
It’s a good idea to regularly review beneficiary designations to be sure they are complete and reflect current wishes.
Estimate the future value of your current savings.
Will you be able to afford nursing home care?
Estimate how much would remain after paying income taxes and penalties if you took an early distribution from a retirement plan.
This calculator can help you determine whether you should consider converting to a Roth IRA.