Building Wealth

Building Wealth

Professional financial advisers share fresh insights and best practices for working with clients to build and protect wealth.

October 21, 2019

Retiring At 30: How To Sensibly Handle An Early Fortune

When you retire early, the pressure is on, because you've got to make your money last for decades. And those coming into sudden money have the added high-stakes challenge of a steep financial learning curve.

See More On: Making Your Money Last | Wealth Management

October 21, 2019

3 Great Reasons Why You Should Start Saving Early

Once you see what you could gain by stuffing your piggy bank now (and the potential riches you’re giving up by waiting), you'll see why there really is no time like the present.

See More On: Saving for Retirement | Making Your Money Last | Wealth Management

October 18, 2019

4 Strategies to Cut Your Taxes in Retirement

To help reduce your tax burden once you retire, and free up more money for expenses and fun, give income planning a try. Here are four ways to adjust your income and get a better grip on your tax bill.

See More On: Saving for Retirement | Budgeting | IRAs

October 18, 2019

This Isn't (or, at Least, Shouldn't Be) Your Father's Retirement Plan

Advice that worked in past decades may no longer serve today's retirees. Here's a look at what has changed over the years that you'll need to account for today.

See More On: Wealth Management | Making Your Money Last | Saving for Retirement

October 17, 2019

Use the Right Tools to Build a Portfolio Made to Withstand Modern Worries

Tools like Riskalyze and Monte Carlo simulations can help ensure your portfolio meets your investment goals while still allowing you to get a good night's sleep.

See More On: Making Your Money Last | Financial Planning | Wealth Management

October 17, 2019

3 Reasons to Consider Making Changes During Medicare Open Enrollment

Between Oct. 15 and Dec. 7, Medicare participants can make changes to their plan(s). Here are a few reasons you may want to take advantage of this open enrollment period.

See More On: Medicare | Family Finances | Saving Money

October 16, 2019

How to Keep More Money in Retirement: Diversification That Minimizes Taxation

No one likes paying taxes, especially once you've retired and are no longer earning a paycheck. So here are some steps to consider now that could pay off later.

See More On: Making Your Money Last | IRAs | Tax Planning

October 15, 2019

Be the CEO of Your Retirement

CEOs have some specific skills and habits that make them successful business leaders. The rest of us can take a few pages from their playbooks to make our retirement plans a success as well.

See More On: Wealth Management | Financial Planning

October 15, 2019

3 Great Reasons to Consider After-Tax Contributions to a 401(k)

This type of saving method isn't nearly as well-known (or as popular) as regular contributions to a 401(k), but three types of people could benefit from giving it a try.

See More On: 401(k)s | IRAs | Roth IRAs

October 14, 2019

Low Interest Rates Don’t Make Structured Settlements a Bad Deal

Yes, you might be able to get a better rate of return elsewhere, but for personal injury settlements, the guaranteed tax-free income of a structured settlement is well worth anything you may be giving up.

See More On: Annuities | Making Your Money Last | Wealth Management

October 14, 2019

Consider Your Trustee Carefully: It Makes a Difference

Having a trust is just one important piece of the puzzle when planning for your financial legacy. Another piece: your trustee.

See More On: Estate Planning | Family Finances | Wealth Management

October 11, 2019

Retiring Early? Ways to Help Avoid Early Withdrawal Penalties on Retirement Accounts

Substantially equal periodic payments are one option available to those who really need to tap their IRAs early. But be aware that can be a complicated process, and could be easy to make a costly mistake, so use this strategy only if absolutely necessary, and get some help while you're at it.

See More On: IRAs | 401(k)s | Tax Planning

October 10, 2019

A Surprising Way 2 Millennials Fast-Tracked Their Financial Progress

Why one frugal family decided that moving to one of the nation's most expensive cities was the best way for them to get ahead.

See More On: Careers | Budgeting | Family Finances

October 9, 2019

3 Retirement Tax Mistakes You Can't Afford to Make

The way you get your income changes once you retire. Make sure your tax strategies change as well, or you could be paying Uncle Sam a lot more than you bargained for.

See More On: Tax Planning | IRAs | Required Minimum Distributions (RMDs)

October 9, 2019

The Best Impact Investing Apps

Investors need to know that they can make a difference, not just for themselves, but for the world, through impact investing. A number of apps and investing platforms are standing by to help lead the way.

See More On: Saving for Retirement

October 8, 2019

Time to Get Your Head Out of the Sand about Long-Term Care

As more Boomers are becoming caregivers themselves for their parents and loved ones, the realities of the costs and work involved are sinking in. It's time to make a plan for yourself.

See More On: Long-Term Care Insurance | Wealth Management

October 8, 2019

How You Can 'TAP' into Home Equity to Help Keep Your Retirement Stable

When used judiciously, a home equity line of credit, or HELOC, can be a tool to help retirees control their taxes and can serve as a potential backstop when unexpected expenses hit.

See More On: Wealth Management | Financial Planning | Mortgages & Refinancing

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