Tag Archives: planning

The week between Christmas and New Year’s is a good time to not only take down the decorations but also plan for the coming year. David Ragland, CEO of IRC Wealth and ...

Last month, in part one of this article, we discussed how you might be in a lower tax bracket in retirement, but pay a higher tax rate. In this article, we’ll look ...

It’s been a season full of recognition for The Retirement Team, a financial advisory firm based out of Topeka. The business recently swept The Best of Topeka finance categories, earning Best Financial ...

Over the course of the average retirement all prices more than double. In fact, they’ll go up more than 2.5 times. Something that costs $100 today will cost $257 by the end ...

I often hear when I first meet with someone that the only reason they are still working is to pay for health insurance until they can get on Medicare at age 65. ...

Looking back to the start of the century, interest rates have been in decline. Back then the Aggregate Bond Index was paying over 7%. Today? Just 1%. This means in order for ...

Imagine how you would feel if you were on a sinking cruise ship and couldn’t get off because there weren’t any life jackets or backup boats. Now ask yourself, if you were ...

There’s a reason why we often refer to target date funds as ‘target dated’ funds. These types of investments rely on portfolio construction techniques to decide what to own based on decades ...

Typically when you fail to plan, you are planning to fail, and that applies to the stock market. It’s best to have a plan before trouble comes, rather than make emotional decisions ...

“Why do I have to learn this? I’m NEVER going to use it.” It is likely that you have heard this (or even said it yourself) many times. Students question the usefulness ...

Did the outcome of the election make you really happy and excited? Or did it leave you concerned, especially when it comes to your investments? Either way, you shouldn’t play politics with ...

People who are home with a little free time between now and the end of the year may want to get a handle on personal finances for 2021. CBN News made these ...

Looking back to the start of the century, interest rates have been in decline. Back then the Aggregate Bond Index was paying over 7%. Today? Just 1%. This means in order for ...

Worried about what might happen to financial markets and your investments if we have the first contested election in 20 years, or if your candidate doesn’t win? You aren’t alone. Unfavorability ratings ...

The saying “there’s no such thing as a free lunch” has been attributed to many people over the years. Someone must produce and someone must pay for what we consume. There has ...

Typically when you fail to plan, you are planning to fail. It’s best to have a plan before trouble comes, rather than make emotional decisions on the fly during times of duress ...

Recently, President Trump signed ‘phase 3.5’ of emergency interim coronavirus relief, which comes with nearly a half trillion dollar cost. All told the current running total is in the trillions, exceeding $4 ...

Last month we discussed the SECURE Act and its projected $15.7 billion tax increase on beneficiaries of tax deferred retirement accounts (like 401(k)s, 403(bs), TSPs, IRAs, etc.). The only ones excluded from ...

The new year is an opportunity for a new start.  I once heard about a leader that regularly took a block of time in December to engage in planning and goal setting ...

While we all love the season of giving, there is one place that many are likely giving far more than they should: the Internal Revenue Service. As we’ve pointed out in our ...

The Bucket List, a 2007 movie starring Jack Nicholson and Morgan Freeman, helped contemporize the old expression “kick the bucket,” a common slang phrase for dying. Now, people of all ages often ...

One of the most common things I see when someone comes into our office for the first time if they own or have been pitched an annuity is the belief that the ...

You may not want to consider a time when you might not be able to fully take care of yourself, but the reality is there is almost a 70% chance someone turning ...

If you are a 401(k) plan owner, imagine how you would feel if you were on a sinking cruise ship and couldn’t get off because there weren’t any life jackets or backup ...

Beneficiary designations are important in determining where certain assets of an estate will end up. Many think that a will or trust is what determines where everything goes. This is not necessarily ...