For Mark Roberts' Use: It may not be the most pleasant thought, but the possibility of needing long-term care should factor into retirement planning. With an estimated seven out of ten people over age 65 needing long-term care* at some point, odds are fairly high that most retirees or their spouses will face this situation. [...]
Are you worried that your tax deductions will disappear when you retire? Learn more by watching the brief video below. Remember, give us a call to set up an appointment if you'd like to discuss your tax planning for retirement. We help keep the IRS out of your back pocket!
For Mark Roberts' Use: A basic investment principle is that assets which have the potential for greater growth usually carry greater risk. Investors who are two or three decades away from retirement have more time to recover from losses, so they may decide to accept the risk of more aggressive investing. However, those nearer to [...]
For Mark Roberts' Use: For the past three years, interest rates have remained at exceptionally low levels, and are expected to continue this way until at least the end of 2014. On the other hand, market volatility has been high, creating a challenge for risk-averse investors who hope to improve their returns. For those approaching [...]
For Mark Roberts' Use: Many taxpayers wait until after their taxes are calculated to find out whether their income allows them to contribute to a Roth IRA. Sometimes those who are over the income limit choose to contribute to a traditional IRA instead, and then immediately convert the money to a Roth IRA. One question [...]
Sometimes, when a topic gets complex, it's easier to watch a brief presentation rather than just reading about it. So, we've created a short video on retirement planning and we think you'll find it unique and informative. Click the video below to get started.
For Mark Roberts' Use: The average person is generally aware that saving for retirement is important. What most people don't know, however, is how soon they should begin planning or how much money they should set aside. Many families face significant expenses on a daily basis, and it can seem like saving for retirement is [...]
For Mark Roberts' Use: Owning your own business is a dream come true for many, and it can be one way to get ahead in the world. However, there are also risks involved with business ownership, and many businesses fail each year. It makes sense for small business owners to plan carefully for retirement, because [...]
For Mark Roberts' Use: Paying off the mortgage and other debts before entering retirement was once a common goal, but weakening economic conditions and the housing crisis have made this much more difficult in recent years. Rising prices on everything from food to fuel have also also cut into household budgets, contributing to the burden [...]
For Mark Roberts' use: While it is always better to begin saving for retirement early in your career, rather than playing catch-up later, the reality is that many people have waited into their 40s or even 50s before thinking about retirement planning. Others may have saved faithfully for years, only to realize that their current [...]