Showing 39 results of 339
The best way to do a backdoor Roth is to do it “clean” by contributing for and converting in the same year — contribute for 2023 in 2023 and convert in 2023, contribute for 2024 in 2...
Roth conversions can be a powerful retirement-planning strategy. Watch this clip from Retirement University’s online course, “Tax-Saving Strategies in Retirement” to learn how Roth c...
Good news: you can. Not-so-good news: it isn’t the best way to make extra money. While you can get paid to watch ads, you may find that the earnings aren’t worth the time spent. We found s...
Listener Drew asks about a tax strategy for juggling capital gains and Roth conversions. While it can be a complicated question – especially when large accounts are involved – James provid...
One strategy is to consider your filing status, which can affect the net investment income tax (NIIT) that successful retirees pay on certain investment income....
The best way to do a backdoor Roth is to do it “clean” by contributing *for* and converting in the same year — contribute for 2023 in 2023 and convert in 2023, contribute for 2024 in...
One of the most critical decisions we make once we decide to retire is decisions related to Social Security. Specifically, ... Read more...
Barney and Betty in Maryland hit the jackpot. How’s Barney’s strategy for net unrealized appreciation, retirement withdrawals, and asset location for his $5 million employee stock ownershi...
Are you a parent looking for the best way to build a savings account for your child? Here’s a common question many seek the answer to....
If you have rollover IRA accounts and want to make a backdoor Roth IRA contribution, this episode is for you. There are several steps involved to handle this strategy in the right way including unders...
Social Security supplies a substantial share, and often the majority, of a retiree’s income. For these older workers delaying signing up for their benefits is often a smart strategy. For every y...
Hey everyone! How are you doing on your journey to Financial Independence? If you’re just starting, the best way to surge ahead is to be frugal and invest more. My advice is to save 15% of your ...
As part of our efforts to bring you actionable strategies to help you reach your ideal retirement, we’re tackling a complex question today. The backdoor Roth strategy can be a way to increase yo...
Last week Austen Allred started a huge debate on Twitter/X after tweeting: Why isn’t the ideal investment strategy for 99% of people under the age of~45 just putting 100% of cash directly in the...
Morningstar Head of Channel Strategy Nathan Voris will serve as representative in the Council...
In our usual episodes, we aim to arm you with a particular insight or strategy that can help you inch closer to your ideal retirement. But, with todays show, we want to close the year by providing a l...
Just curious how many other old folks are into gaming. For me getting a steering wheel for my PC (for race sims) was one of my better retirement purchases; also play strategy games. (I have to laugh w...
I have a vested pension that I can take at either 55 ($1700/mo) or 60 ($2000/mo). I plan on working till 65, so the current strategy is to invest the entire monthly pension payment while I’m sti...
 Tax loss harvesting is a strategy that investors use to reduce their tax bill. However, there are many misconceptions about tax loss harvesting, including when it's valuable and how to do it ef...
Make quick calculations with this income strategy to withdraw $1,000 each month in retirement....
Noob here- sorry if this is addressed elsewhere, and if so, please send links! But having recently retired, I’m curious what your strategy is for charitable giving (for those here who can afford...
If you have cash on hand at retirement, a multi-year Roth conversion strategy is worth considering depending on your asset mix and other factors....
Why does Becca in Florida’s advisor "poo-poo" her strategy for funding 529 plans for education? Keith, commenting on Spotify, wants to know about reimbursing yourself from a 529 plan for the sch...
So you want to publish the next great book! To do so you first need a book proposal. Back in late 2011, I spent hours putting together a book proposal for my severance negotiation strategy book, How T...
It’s getting real! I’m meeting with my boss today to let him know my plans and prepare an exit strategy. I work at a government agency with no risk of getting booted upon the announcement....
By Josh Katzowitz, WCI Content Director If my psychiatrist wife hadn’t begun taking care of our money and our investing strategy so many years ago and if I hadn’t made a New Year’s r...
The best way to avoid expensive mistakes is to be informed of potential passport pitfalls well before taking a trip. Here are a few things you need to know....
Historically, the markets bounce back nicely after sharp declines, so focusing on historically high-quality companies trading at today’s lower valuations could be a good recovery strategy....
Do you know the main reason Americans slip into homelessness? Are you aware of the roots of this longstanding crisis? The best way to counter negative views of homelessness is to develop a better unde...
New research from Vanguard details how a retire-and-relocate strategy can add to your savings, but it’s not a strategy that works for everyone....
If you're looking to build wealth and financial stability, diversifying your streams of income can be a powerful strategy. By generating multiple sources of revenue, you can reduce your reliance on an...
If you are retired and use a portfolio withdrawal strategy based on a formula, what do you do with unspent withdrawals at the end of the year? Put in a fun fund (spend it or lose it attitude), re-inve...
Your optimism or pessimism about our politicians’ courage to shore up Social Security benefits could influence your claiming strategy, depending on your situation....
Your optimism or pessimism about our politicians’ courage to shore up Social Security benefits could influence your claiming strategy, depending on your situation....
No family is exactly like another, so here are some considerations to help you decide which distribution strategy best suits your situation, values and goals....
Robo advisor platforms remove almost all of the work from investing, allowing you to follow a passive investing strategy. It’s no wonder they’ve become so popular; it’s expected that...
Designing a strategy to efficiently use your retirement savings is a critical step on your retirement planning journey to maximize your income and ensure a long-lasting retirement....
You need a Strategic Retire Early Plan if you want the option of early retirement. There are two crucial basics to everyone’s early retirement strategy......
You aren't necessarily stuck with a bad claiming strategy...