The Pros and Cons of Target Date Funds

Most 401k plans offer target date funds as an easy way for participants to start investing. A target date fund is a mutual fund that is composed of several other mutual funds and ETFs. These funds include domestic and international stock funds and fixed income funds. The target date represents the date when the investor …

Where There’s a Will, There’s a Way – to Control what Happens!

You worked hard for many years, saved well, and find yourself in a position to provide a legacy to loved ones after your death. The starting point for me is always the reminder that you have no obligation to provide an inheritance to anyone, even family (with a possible spousal exception), and therefore you can …

Align Your Financial Life with the Dreams You Want to Protect

“Let your dream devour your life, not your life devour your dream.”~ Antoine de Saint-Exupéry Now that many people have the gift of flexibility and can work from anywhere, what they find this has turned into is they work from everywhere. “I’d like to go on a vacation that isn’t consumed by my work.” Sound …

More Than Your Fair Share

“Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.” Gregory v. Helvering, 293 U.S, 465 (1935), a landmark decision by the United States Supreme …

Give back, get back: Being a mentor in retirement

Retirement can be a difficult transition.  We go from work where we used years of experience, wisdom, and our creativity in solving problems and making a difference to suddenly not always feeling that we are actively using our experience and skills. There are a variety of ways to stay engaged in retirement, and mentoring is …

Cultivating Simplicity

Because we are often consumed with the busyness of daily life, most of us give little thought to the bigger questions of where we are going in life and how we will get there. We let others around us set our goals for us because that is how life starts out in childhood. With the …

3 Quarter Market Review

This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.

Consider Roth Conversions

The SECURE Act significantly reduced the benefits of an inherited traditional or Roth IRA, by requiring the non-qualified heir (typically anyone other than the spouse) to take the full amount out of the account within ten years of receipt.  Interestingly, that provision makes it somewhat more beneficial for some people to make Roth conversions today. …

2020 Second Quarter Investment Market Report

This year, investors have been treated to a rare real-world lesson in the mathematics of investing—namely, the fact that after a market decline, it takes a greater market recovery to get back to even.  The first quarter saw a frightening downturn that delivered 20% losses across the U.S. and developed foreign markets.  Then we experienced …

Coronavirus Aid, Relief, and Economic Security (CARES) Act — Summary

RECOVERY REBATES $1,200 for individuals; $2,400 for married couples + $500 per child under 17 Phase-out based on income (AGI) on 2019 tax return; if 2019 tax return has not been filed, based on AGI on 2018 tax return $150,000 for married filing jointly (phase-out to $0 at $198,000) $75,000 for individuals (phase-out to $0 …