How our world can change overnight! Unless you have been backpacking in the wilderness, on a retreat, or have given up social media, tv, cable, radio, and newspapers, you must have heard or read about the disasters that struck the financial industry last month. Silvergate Bank in California opted to close while Silicon Valley Bank […]
DON’T PANIC IF YOU READ THE FINANCIAL NEWS Read More »
Is someone in your family currently serving in a branch of the United States Armed Forces? If not, you undoubtedly know someone who is currently serving our country. An inevitable part of military life is moving often. It is well known that military families will relocate every few years, sometimes all the way across the
DO YOU KNOW A MILITARY SPOUSE? Read More »
Do you expect to be the beneficiary of an IRA or retirement plan? Maybe you are in the process of a review of your IRA or retirement plan beneficiaries and want to make good decisions based on current legislation. The rules changed with both the 2019 SECURE Act and the SECURE 2.0 ACT of 2022
WILL YOU INHERIT AN IRA? Read More »
Just before the end of 2022 the SECURE 2.0 Act of 2022 was signed into law as part of the Consolidated Appropriations Act of 2023. One of the changes included in the Act delays the age for required minimum distributions from IRAs and company retirement plans, and it is likely to impact you in some
REQUIRED MINIMUM DISTRIBUTION (RMD) RULES HAVE CHANGED! Read More »
Earlier this week I spoke to a group of retired women about investment strategies in retirement. We talked about the need to review your asset allocation (my blogs The Key to Investing – Know Yourself and Asset Allocation=Investment Chili) and assess investment concentration (my blog Diversification vs Concentration) One of attendees asked me to write
MARKET ANXIETIES AND FEARS Read More »
My last blog talked about my vacation memories and the process I go through to edit and store the highlights of a trip. Most of my memories are in the form of photos, but some very special memories are videos. On our vacation this summer, my partner took part in a bluegrass jam session in
FINANCIAL SELFIES – PHOTOS AND VIDEOS – PART 2 Read More »
I just got back from a vacation and am in the process of reviewing and editing my photos and videos. It takes a little time, but the product—the highlights of our trip—will be worth it. I will remember the grade school graduation ceremonies of three grandchildren; the hike along the Rim Trail of the Grand
FINANCIAL SELFIES – PHOTOS AND VIDEOS Read More »
Do you remember our discussion about asset allocation? Asset allocation is the process of dividing the money in your investment portfolio among stocks, bonds, and cash which are also called asset classes. For a review of asset allocation, check my Asset Allocation = Investment Chili blog. As you allocate funds between the three asset classes,
ASSET ALLOCATION MUTUAL FUNDS Read More »
One of my readers asked me to address a situation that is not uncommon. What do you do when you reach mid-life and realize that you are not on track to have enough to retire? Or perhaps you saved well but realize you may need to work longer or change your retirement plans because you
My blog, Traditional or Roth IRAs, covered the basics of contributions to and withdrawals from both Traditional and Roth IRAs. Those are the accounts that you as an individual can use to save for retirement, in addition to any company sponsored retirement plan accounts. There are different rules for Roth IRAs than there are for