Ideas to help preserve and grow your money
Once a person reaches age 70, the IRS imposes rules on accounts that contain money that has never been subject to income taxes. You are required to begin what are known as Required Minimum Distributions, or simply RMDs. We have done several client seminars lately where I bring up the subject of RMDs and it …
Continue reading Required Minimum Distributions from an IRA etc.
Just as important as helping my clients protect themselves with life insurance is getting them to review their needs regularly. You need to know that, as life changes, so will your insurance needs. What follows is a tool that you can use for free to evaluate where you are. You may find you need more …
Each week, one of our money managers, Curian Capital, provides a summary of what has happened recently and their take on what is likely to happen going forward. Here is their Weekly Insight for May 16, 2011.
I am not a big gambler, but I have enjoyed an occasional trip to the casinos in Vegas. My wife goes with her girl friends almost every year. And from time to time she has returned with more money that she left with. But we tend to lose as well. The ultimate outcome from one …
Volatility in the market is much more worrisome when you are relying on your financial assets to support your lifestyle for the rest of your life. The older you are, the more worrisome it can be. For the time that I've been advising clients, the accepted rule was to manage the portfolio by diversifying asset …
Helping Define Your Financial Future 