Let’s start with the basic idea of a Roth IRA: With these accounts, you contribute after-tax dollars. But then everything you make is free from future income taxes as well.
If your goal is to save enough to fund a long retirement, and you’re not sure how to start or how to catch up, remember that there’s more than one path to success. Retirement rules that work for some may be a myth for others. Here’s why knowing that some retirement rules are myths could potentially benefit you in your quest for long-term retirement success.
We all know men and women are different in some fundamental ways. But is this true when it comes to financial planning? In a word, yes. In the financial world, women often find themselves in very different circumstances than their male counterparts. Everyone wants financial security. Yet women often face financial headwinds that can affect their ability to achieve it.
On a regular basis, I get requests from people to summarize our investment advice. We are in a complicated, nuanced business and its difficult to boil down my views to just a few relevant thought bites. However, here are a few thoughts that are worth remembering when thinking through and evaluating your investment philosophy and strategy. 1.
We tend to make financial mistakes but those mistakes differ by age. In my firm, we work with all of our clients to manage through the challenges that exist as they get older. Here’s a look at what I see people doing wrong and how you can do better. Every new stage of life brings new financial strategies we need to adopt.
The Wall Street Journal had a story recently that highlights the dominance of U.S. stocks over the rest of the world in the past few years: Since 2012 alone, the U.S. share of global stock market capitalization has risen from roughly 35% to just over 40% of the total. U.S. stocks have killed international markets throughout this cycle.