
Articles
The 401(k) revolution has turned millions of American workers into their own pension plan managers. Now, as a growing number of these workers retire, they must convert their investment portfolios into regular income.
It isn’t easy. Retirees can’t depend upon bonds for income because yields are so low. But if they bet too big on equities, their savings could get savaged in a market downturn, crimping their retirement.
Enter whole life insurance.
Barrons, December 19, 2020
We know that Coronavirus has impacted all of us in various ways, whether it be loss of work, new ways to work, wearing masks, spending more time at home, less travel, and for some of us getting sick. States are beginning to "re-open" and we hope that all of this will be behind us, and soon. One of the long-term impacts is that it is more and more likely that taxes will have to rise and rise significantly and soon. What are you doing to protect your wealth from future taxes?
FinancialPlanning.com / April 28, 2020
If most of your retirement assets are in pre-tax investments like 401(k) and traditional IRA accounts, you will be paying taxes on that money in the future at some unknown rate. Taxes right now are on sale. Maybe you should pay tax on some of that money now so you can have tax-free income later on.