Smart Money Blog

Retirement Income Perils Mark Fried Where will you get income in retirement? Most people think: By cashing in the investments I’ve accumulated during my working life. But even if you have a lot of money saved, cashing in will not always work. You need to have an income plan. The notion that you can withdraw […]

One of the biggest mis-steps that folks make when saving for retirement is putting all their retirement savings & all their investments in qualified accounts.  What do I mean by qualified accounts:  IRAs, 401(k)s, 403(b)s etc.  As a Master  Elite Advisor with the Ed Slott Organization (see website IRAhelp.com) I am constantly working on strategies […]

The #1 Hidden Risk of Retirement     Wall Street and the financial media are full of ideas regarding how you should structure your retirement portfolio to generate a reliable stream of income. They argue endlessly about how much you should have in stocks versus bonds, and various methods of selecting exactly how much income you […]

Solving Widow’s Tax Woes If a decent portion of your retirement income comes from individual retirement accounts, your tax burden might suddenly skyrocket after your spouse dies. My firm recently worked with a couple who noticed that upon either of them dying, the annual income tax liability for the surviving spouse rises to over $7,500 […]

More of the same. In my last blog, I share some insights from one of our managers about how the see the economy and the markets shaping up in 2021.  I touch briefly on the impact of the potential impact of the political and policy changes ushered in by the 2020 election.  Our point of […]